Business Barometer

Companies that held a Meeting of Creditors with a view to winding-up this February owed their short term creditors almost E9m.

62 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator last month - an average of just over two meetings per day.

According to their latest sets of filed accounts, these companies owe their short term creditors a combined total of E8.7m.

39% of these companies are based in Dublin. Cork, Kildare and Limerick account for a further 24% between them.

The wholesale & retail sector is the industry that's most affected, accounting for just over a quarter of insolvent companies with professional services and construction accounting for a further 31% between them (18% and 13% respectively).

Insolvency Notices

686

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

  • 30 Companies

E8 (Notice Of Appointment Of Receiver)

  • 10 Companies

EXAMINERS

  • 1 Company

Closures

177

The number of companies that have closed this week.

New Startups

New Companies

  • 386 Companies

New Businesses

  • 651 Businesses

Important Changes

Changed Status

  • 1465 Companies

HIGH COURT NOTICES

  • 1 Companies

Strike off & Struck off Companies

Strike Off

  • 380 Companies

Struck Off

  • 354 Companies

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