Our economic recovery continues with figures for the year showing a drop in insolvencies and growth in company start-ups.
Our latest figures, covering the period 1st January - 25th November, show that Irish company insolvencies have dropped by 18% when compared to the same period in 2012. 1,433 companies were declared insolvent this year compared to 1,750 in 2012.
130 insolvencies were recorded this November with 58% of the companies having an address in Dublin.
Company start-ups in Ireland this year are up 9% on the same period in 2012 with over 14,000 new companies formed.
The most popular industry for company start-ups this year is professional services which accounts for 26% of new companies. Wholesale and retail, social and personal services and IT are next on the list accounting for 11.5%, 9% and 8% respectively.
To view our guide to some of the key trends from November and for the year simply click the link below:
The number of companies that have collapsed this year. This figure is down 7% 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.
- 21 Companies
E8 (Notice Of Appointment Of Receiver)
- 10 Companies
- 0 Companies
The number of companies that have closed this week.
- 411 Companies
- 447 Businesses
- 868 Companies
HIGH COURT NOTICES
- 1 Companies
- 178 Companies
- 0 Companies