Business Barometer

Last month was the strongest January for company start-ups since the year 2000.

1,768 new companies were formed last month - an average of 57 per day - that's 288 more companies than were formed in Jan '16 (1,480).

Professional services remains the most popular industry for Irish start-ups with 317 (18%) new companies operating in this sector - these companies would typically be associated with Accounting/Auditing, Administration Activities, Advertising/Marketing, Architecture, Consultancy, Engineering, HR, Investigation, Legal Services etc.

The finance and construction sectors were the second and third most popular industries for start-ups and accounted for just over 426 new companies between them.

Wholesale & retail and IT companies round out the top 5 most popular industries with 154 and 118 start-ups respectively.

Approximately 40% of this January's start-ups are based in Dublin with just over another 10% based in Cork. Galway, Kildare and Limerick are next on the list and account for just over 12% of new companies between them.

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Insolvency Notices

682

The number of companies that have collapsed this year. This figure is down 13% 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

  • 22 Companies

E8 (Notice Of Appointment Of Receiver)

  • 24 Companies

EXAMINERS

  • 1 Company

Closures

180

The number of companies that have closed this week.

New Startups

New Companies

  • 163 Companies

New Businesses

  • 551 Businesses

Important Changes

Changed Status

  • 775 Companies

HIGH COURT NOTICES

  • 1 Companies

Strike off & Struck off Companies

Strike Off

  • 565 Companies

Struck Off

  • 0 Companies

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