Business Barometer

Already in the first six weeks of this year Petitions requesting the winding up of 28 Irish companies have been presented to the Courts. Over half of these have come from the Office of the Collector General.

Our latest figures show that the office of the Collector General has requested that 15 Irish companies be wound-up this year in an attempt to recover outstanding taxes.

A creditor can petition the Court to have a company wound up if they can prove that they are owed over €1,269.74.

According to their latest set of financial accounts, the 28 companies facing winding up petitions owe their short creditors almost €30m in unpaid debts.

The 15 companies that the Collector General's office are pursuing, owe €18.2m and further research into their accounts shows a sum of €1.3m being owed in taxes*.

These figures are in line with what we saw in the first six weeks of 2011.

*The actual figure for this is likely to be greater but not all sets

of accounts display a full breakdown of creditor figures.

This pursuit of outstanding amounts is not restricted to commercial entities.

Our data shows that the Office of the Collector General has been awarded 90 Judgments against consumers in 2012. These were worth €3.8m and make up 28% of the total number of consumer judgments awarded this year.

Insolvency Notices

1,563

The number of companies that have collapsed this year. This figure is down 3% 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

  • 0 Company

Closures

145

The number of companies that have closed this week.

New Startups

New Companies

  • 295 Companies

New Businesses

  • 827 Businesses

Important Changes

Changed Status

  • 549 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 187 Companies

Struck Off

  • 144 Companies

Missed A Barometer?

View Previous Business Barometers: