Business Barometer

Soon to be liquidated Irish companies owe their short term creditors over E4m.

23 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator this week (between the 17th and 21st November 2014) - an average of over four meetings per day. This will be for the purpose of winding-up the companies.

These 23 companies owe their short term creditors a combined total of E4.4m.

The majority of these companies (70%) are based in Dublin. Two companies are based in Laois with one each from Cork, Galway, Limerick, Tipperary and Wexford.

The industries most affected by this week's MOCs are professional services and manufacturing, accounting for six and five meetings respectively.

Construction, health and social work and hospitality add a further two meetings each, with one company in the IT, real estate and social & personal services sectors also being affected.

Insolvency Notices

1,116

The number of companies that have collapsed this year. This figure is down 7% 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

  • 32 Companies

E8 (Notice Of Appointment Of Receiver)

  • 6 Companies

EXAMINERS

  • 0 Companies

Meetings of Creditors

10th of November, 2014

8th of November, 2014

7th of November, 2014

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Closures

279

The number of companies that have closed this week.

New Startups

New Companies

  • 320 Companies

New Businesses

  • 575 Businesses

Important Changes

Changed Status

  • 1137 Companies

HIGH COURT NOTICES

  • 1 Companies

Strike off & Struck off Companies

Strike Off

  • 159 Companies

Struck Off

  • 507 Companies

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