Business Barometer

over EUR44m awarded against consumers and firms in March

The latest figures show that Irish courts awarded €44.6m to creditors for unpaid debts by consumers and companies this March - the highest amount recorded since August 2012

The majority of that total (€41m) was against consumers with banks being the main beneficiaries with the courts awarding them almost €23m (56%).

Figures for April 2013 show a large rise in commercial judgments with €19.5m already awarded, this figure is the highest since October 2010.

Other figures for April '13 showed a 16% on company insolvencies between 1st and 24th of the month when compared to the same period in 2012. 114 companies were declared insolvent, 68 of these were liquidated, 43 had a receiver appointed and the remainder went in to examinership.

Dublin accounted for 47% of company insolvencies in April, the most by some distance with Limerick and Wicklow next on the list accounting for a further 9% and 6% of insolvencies respectively.

Start-Ups were up 16% on April 2012 figures with 3,238 companies and businesses being registered.

Insolvency Notices

474

The number of companies that have collapsed this year. This figure is down 16% compared to last year
Click here to view the list


PREDICTIVE CREDIT REPORTS

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

Appointments

LIQUIDATORS

  • 27 Companies

E8 (Notice Of Appointment Of Receiver)

  • 18 Companies

EXAMINERS

  • 0 Companies

Closures

457

The number of companies that have closed this week.

New Startups

New Companies

  • 298 Companies

New Businesses

  • 665 Businesses

Important Changes

Changed Status

  • 1055 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 467 Companies

Struck Off

  • 172 Companies

Missed A Barometer?

View Previous Business Barometers: