Business Barometer

Credit Unions awards EUR4.2m in actions against consumers in 2013

The latest figures show that Credit Unions have been awarded €4.2m in judgments, by the Irish courts, for non-payment of debts by its customers so far this year

This amount has been secured through the award of 190 separate judgments to the credit unions already this year.

Despite the average judgment award working out at just over €22,431, a number of judgments were far in excess of this.

The highest of these was a judgment awarded to a credit union in Tipperary which was for €749,640.

The top 4 highest judgments awarded amounted to €1.8m which is 42% of the overall value of awards made to credit unions so far this year.

Insolvency Notices

686

The number of companies that have collapsed this year. This figure is down 12% compared to last year
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PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.

Appointments

LIQUIDATORS

  • 33 Companies

E8 (Notice Of Appointment Of Receiver)

  • 11 Companies

EXAMINERS

  • 0 Companies

Closures

29

The number of companies that have closed this week.

New Startups

New Companies

  • 231 Companies

New Businesses

  • 960 Businesses

Important Changes

Changed Status

  • 885 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 181 Companies

Struck Off

  • 379 Companies

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