Business Barometer

A combined total of 2,907 consumer and commercial judgments were awarded in the first half of 2013 - this figure is down 4% on the same period in 2012 (3,021).

However, despite this drop the value of the judgment awards for failure to repay debts - €204.7m - was up 9% on the first six months of last year (€187.2m).

Almost 69% of the judgments (1,998) were awarded against consumers and these amounted to €166.6m - an average of approximately €83,393 per judgment.

The value of consumer judgment awards in the first six months of this year is up 10.5% on the same period in 2012 (€150.8m).

The Revenue Commissioner received the most judgment awards (854) worth a value of almost €40m while the banks were awarded €84.1m in 185 separate judgments for non-payment of debt.

909 judgments were awarded against companies in the first half of 2013 - down 15% on the same period in 2012 (1,068).

Despite the drop, the value of judgments this year (€38.1m) is up 5% on the first half of 2012.

Local authorities (County Councils etc) were the main beneficiaries in relation to commercial judgments receiving 283 judgments worth €17.5m.

Insolvency Notices

807

The number of companies that have collapsed this year. This figure is up 37% 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

  • 18 Companies

E8 (Notice Of Appointment Of Receiver)

  • 10 Companies

EXAMINERS

  • 0 Company

Closures

68

The number of companies that have closed this week.

New Startups

New Companies

  • 147 Companies

New Businesses

  • 517 Businesses

Important Changes

Changed Status

  • 653 Companies

HIGH COURT NOTICES

  • 5 Companies

Strike off & Struck off Companies

Strike Off

  • 187 Companies

Struck Off

  • 180 Companies

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