Business Barometer

Building on a strong showing in 2015 - Irish company start-up numbers have continued to grow this year with 20,059 set-up so far this year.

This level of new company formations has not been seen since 1998 and represents the second highest figure recorded in the past 36 years.

On average, 401 new companies have been formed per week in 2016 - that figure is more or less in line with the same period in 1998 (408 approx. company start-ups per week).

Having analysed the industry groupings associated with new companies this year, we can see that professional services remains the most popular sector for start-ups with almost 1 in 5 (3,899) choosing to operate there.

This year has shown a noticeable increase in companies in the finance sector with over 2,800 incorporated. The top 5 most popular industries are then made up of wholesale & retail, social & personal services and construction who, between them, account for 5,898 start-ups this year.

46% of start-ups this year have a registered address in Dublin while a further 12% are based in Cork. After this there is somewhat of a drop to Galway, Kildare, Limerick and Meath who account for a combined total of 14% of the new companies formed.

To find out more information on any of these start-ups or any other Irish or UK company, business or director - simply login to your account today.

Insolvency Notices

1,112

The number of companies that have collapsed this year. This figure is down 7% compared to last year
Click here to view the list


PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.

Appointments

LIQUIDATORS

  • 33 Companies

E8 (Notice Of Appointment Of Receiver)

  • 10 Companies

EXAMINERS

  • 4 Companies

Closures

282

The number of companies that have closed this week.

New Startups

New Companies

  • 597 Companies

New Businesses

  • 666 Businesses

Important Changes

Changed Status

  • 1045 Companies

HIGH COURT NOTICES

  • 0 Companies

Strike off & Struck off Companies

Strike Off

  • 283 Companies

Struck Off

  • 463 Companies

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