Business Barometer

Soon to be liquidated Irish companies owe their short term creditors almost E1.4m.

13 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator this week (between the 19th and 23rd January 2015) - an average of just over two meetings per day. This will be for the purpose of winding-up the companies.

These 13 companies owe their short term creditors a combined total of almost E1.4m.

54% of these companies are based in either Dublin or Kildare (31% and 23% respectively) with a further 15% in Limerick.

The industries most affected by this week's MOCs are professional services and wholesale & retail which accounted for three meetings each.

Hospitality and manufacturing add a further two meetings apiece, with one company in the health & social services, IT and transport & logistics sectors also being affected.

Insolvency Notices

469

The number of companies that have collapsed this year. This figure is down 15% 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

  • 17 Companies

E8 (Notice Of Appointment Of Receiver)

  • 6 Companies

EXAMINERS

  • 0 Companies

Closures

249

The number of companies that have closed this week.

New Startups

New Companies

  • 394 Companies

New Businesses

  • 674 Businesses

Important Changes

Changed Status

  • 2680 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 715 Companies

Struck Off

  • 138 Companies

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