Business Barometer

126 new companies and businesses were formed daily this April - up 5% on the same time last year while corporate insolvencies fell by 27%.

3,408 start-ups were formed this April - of these 1,350 (40%) were companies with the remainder being businesses.

Company start-ups were 7% up on figures from last April (1,267). A quarter of this April's new companies chose to operate in the professional services sector.

The construction sector continued to see gains with 113 new companies forming (up 11% on last April). The real estate sector also saw an improvement with a 54% increase in new entrants (83 v 54).

83 companies were declared insolvent last month, a drop of 27% on April 2014.

The hospitality sector was worst affected with 15 companies being declared insolvent (up from 10 the previous April).

The majority of industry sectors saw drops in insolvency figures with construction and real estate again faring well with decreases of 23.5% and 33% respectively.

Insolvency Notices

1,112

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

  • 34 Companies

E8 (Notice Of Appointment Of Receiver)

  • 6 Companies

EXAMINERS

  • 0 Companies

Closures

282

The number of companies that have closed this week.

New Startups

New Companies

  • 220 Companies

New Businesses

  • 584 Businesses

Important Changes

Changed Status

  • 532 Companies

HIGH COURT NOTICES

  • 0 Companies

Strike off & Struck off Companies

Strike Off

  • 66 Companies

Struck Off

  • 0 Companies

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