Business Barometer

There has been a 42% drop in the number of petitions to Wind-Up companies being presented to the courts so far this year when compared to the same period in 2012.

So far this year petitions to wind-up 86 Irish companies have been presented to the courts - an average of just under 10 per month - this represents a 42% drop on the figure for the same period in 2012 (149).

In order to present a petition to have a company wound up, an individual or a company (most likely a creditor) must be able to show that they are owed a minimum of €1,269.74 (1,000 in old Irish punts).

Of the 86 companies, 54 (63%) have been, or are in the process of being wound-up.

According to the latest financial accounts filed these companies owe their trade creditors over €33.9m

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)

  • 9 Companies

EXAMINERS

  • 0 Companies

Closures

177

The number of companies that have closed this week.

New Startups

New Companies

  • 325 Companies

New Businesses

  • 303 Businesses

Important Changes

Changed Status

  • 602 Companies

HIGH COURT NOTICES

  • 1 Companies

Strike off & Struck off Companies

Strike Off

  • 244 Companies

Struck Off

  • 0 Companies

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