Business Barometer

Our latest figures for 2014 reveal a 28% drop in the number of Irish companies holding Meetings of Creditors to appoint a Liquidator.

As of today, 25th April 2014, 266 Irish companies have held or will hold a meeting of creditors to appoint a liquidator - an average of just over two per day.

This year's figure is down 28% and 33% on the same periods in 2013 and 2012 respectively, when 363 and 395 meetings were held.

According to their latest sets of filed financial accounts, the 266 companies with an MOC notice in 2014 owe their short term creditors approximately E131.7m.

The wholesale and retail sector is the industry that has been most affected by MOCs this year and it accounts for approximately 21% of the meetings held.

Construction, manufacturing, professional services and hospitality are the next most affected industries and between them they account for a further 53% of MOCs this year.

Insolvency Notices

686

The number of companies that have collapsed this year. This figure is down 12% 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

  • 11 Companies

E8 (Notice Of Appointment Of Receiver)

  • 3 Companies

EXAMINERS

  • 0 Companies

Closures

177

The number of companies that have closed this week.

New Startups

New Companies

  • 220 Companies

New Businesses

  • 482 Businesses

Important Changes

Changed Status

  • 626 Companies

HIGH COURT NOTICES

  • 1 Companies

Strike off & Struck off Companies

Strike Off

  • 375 Companies

Struck Off

  • 0 Companies

Missed A Barometer?

View Previous Business Barometers: