Over 9,200 start-ups were formed in Ireland in the third quarter of 2012, an average of roughly 100 per day!
Quarter 3 of this year saw a combined total of 9,233 company and business start-ups, an impressive average of 100 per day.
Many of these could become companies or businesses that you deal with on a daily basis in the future...a potential customer...a valued client...a potential supplier etc.
With Vision-net.ie you'll be able to access details on all of them.
For example, did you know that...
...64% (5,941) of start-ups in quarter 3 were businesses while the remaining 3,292 were companies?
Or that of the new companies...
...25% began trading in the professional services industry and 12% chose the social and personal services sector.
Vision-net.ie will also allow you to be among the first people to be able to view Annual Returns, Financial Accounts and detailed credit reports on company start-ups to help you make the best credit decisions on them.
501 individual companies were declared insolvent in the third quarter of 2012, an average of approximately 5 per day.
42% of these companies were located in Dublin. The other counties worst affected included Limerick, Cork, Meath and Galway who, between them, accounted for another 23% of company insolvencies during the quarter.
291 Irish companies held a meeting of creditors during the third quarter of this year. This figure is down 14% on the same period in 2011 (338).
According to their latest filed financial accounts, these 291 companies owed their creditors just over €95m.
Company Start-Ups vs. Closures
Having compiled the statistics for the first 9 months of 2012 we have found that company closures exceed start-ups by approximately 2%.
During the period, 10,433 companies began trading while 10,643 were dissolved. Companies in the professional services, construction, wholesale & retail, real estate, social and personal services and manufacturing sectors make up 72% of the closures recorded this year.
In order to start receiving the latest information on the companies that could affect your business simply Login to your Vision-net.ie account today.
Here you'll find the latest CRO filings (including Financial Accounts and Annual Returns) along with the latest insolvency notices and Irish and UK Company Credit Reports.
The number of companies that have collapsed this year. This figure is up 52% 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.
- 38 Companies
E8 (Notice Of Appointment Of Receiver)
- 15 Companies
- 1 Company
The number of companies that have closed this week.
- 262 Companies
- 453 Businesses
- 975 Companies
HIGH COURT NOTICES
- 2 Companies
- 320 Companies
- 193 Companies