Business Barometer

Over 7,600 company start-ups have been formed so far this year.

7,665 new companies have been formed between the 1st January and 12th May 2016 - an average of almost 60 per day. Just over a fifth of these new companies (1,593) operate in the professional services sector (accountants, consultants, legal practices etc).

The finance and wholesale & retail sectors were the second and third most popular industries for start-ups and accounted for just over 1,700 new companies between them.

There was good news for the construction sector which has seen a 29% increase in numbers this year (694 v 538).

During the same period we have seen 9,864 businesses registered. 65% (6,377) were set-up by sole-traders, 26% (2,517) by companies and the remainder by partnerships (two or more individuals).

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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

  • 24 Companies

E8 (Notice Of Appointment Of Receiver)

  • 9 Companies

EXAMINERS

  • 1 Company

Meetings of Creditors

5th of May, 2016

30th of April, 2016

29th of April, 2016

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Closures

457

The number of companies that have closed this week.

New Startups

New Companies

  • 610 Companies

New Businesses

  • 493 Businesses

Important Changes

Changed Status

  • 626 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 260 Companies

Struck Off

  • 0 Companies

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