Business Barometer

1,061 bad debt judgments were awarded against companies and consumers in the first 3 months of 2015 - 77% of these were against individuals.

These awards against consumers had a combined value of E84.3m - an average of over E103,000 per judgment. A further 245 judgments were made against companies and had a total value of E10.2m.

While the number of judgments against consumers dropped this quarter compared to the same period in 2014 (816 v 839), the overall value increased by E24.4m (E84.3m v E59.9m).

537 judgments against consumers were awarded to either the Revenue Commissioner or the Credit Unions - these had a combined value of E16.9m.

86 judgments worth E52.4m were awarded to the banks against consumers - an average of almost E610,000 per award. The banks also received a further 9 judgments worth E5.7m against corporate entities.

Insolvency Notices

474

The number of companies that have collapsed this year. This figure is down 16% 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

  • 26 Companies

E8 (Notice Of Appointment Of Receiver)

  • 10 Companies

EXAMINERS

  • 3 Companies

Closures

457

The number of companies that have closed this week.

New Startups

New Companies

  • 357 Companies

New Businesses

  • 437 Businesses

Important Changes

Changed Status

  • 680 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 102 Companies

Struck Off

  • 172 Companies

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