Business Barometer

An average of 40 Irish Companies were dissolved each working day of June this year.

According to the latest figures, 849 Irish companies were dissolved in June 2011. Most of these companies were incorporated less than 10 years ago.

As you can see from the graph below, companies between 2 - 3.9 years old were most affected.

These results are in keeping with our previous findings when researching this issue which suggest that a company's age has a noticeable bearing on its ability to survive and continue trading.

In total, Companies under 10 years old made up 71% of

all dissolutions in June '11. The remaining 29% were aged over 10 years old - so while trading conditions for more recently formed companies are very challenging, the more established businesses are also experiencing difficulties.

Our analysis showed that, of the dissolved companies aged over 10 years old, 18% were 10 - 19.9 years old, 6% were 20 - 29.9 years old and the remainder were 30+ years old.

Insolvency Notices

469

The number of companies that have collapsed this year. This figure is down 15% 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

  • 47 Companies

E8 (Notice Of Appointment Of Receiver)

  • 24 Companies

EXAMINERS

  • 0 Companies

Closures

249

The number of companies that have closed this week.

New Startups

New Companies

  • 307 Companies

New Businesses

  • 598 Businesses

Important Changes

Changed Status

  • 945 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 157 Companies

Struck Off

  • 307 Companies

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