Business Barometer

The latest figures for 2013 show that 902 Irish companies have held a meeting of creditors (MOC) with a view to entering in to liquidation - an average of three per day.

This represents a 20% drop on the same period in 2012 (1st January - 21st November) when 1,123 companies held an MOC.

According to their latest sets of filed accounts these 902 companies owe their short term creditors approximately E288.3m - while not all of these companies are insolvent, many creditors will struggle to reclaim debts owed in full.

The drop in MOCs this year has translated in to a drop in company insolvencies.

1,421 Irish companies have been declared insolvent this year - down 18% on the same period in 2012 (1,741 company insolvencies).

Insolvency Notices

474

The number of companies that have collapsed this year. This figure is down 16% 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

  • 37 Companies

E8 (Notice Of Appointment Of Receiver)

  • 8 Companies

EXAMINERS

  • 4 Companies

Meetings of Creditors

14th of November, 2013

13th of November, 2013

12th of November, 2013

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Closures

457

The number of companies that have closed this week.

New Startups

New Companies

  • 238 Companies

New Businesses

  • 404 Businesses

Important Changes

Changed Status

  • 1143 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 174 Companies

Struck Off

  • 340 Companies

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