Business Barometer

Upward trend for Start-Ups continues in 2013

Signs of economic recovery in Ireland continue with 1,317 new Irish companies being formed in February of this year - an average of 47 per day - up 6% on February 2012.

This is the highest figure for Irish company start-ups in February since 2008.

Added to this, 2,706 Irish businesses were registered, up 5% on February 2012 (2,577).

If we combine new companies and businesses we see a total of 7,645 brand new Irish Start-Ups for the first two months of the year.

This is the highest combined figure, for start-ups in the first two months of the year, since 2007 when 8,655 were recorded.

These start-ups have contributed to just over 3,700 individuals being made a director of an Irish company for the first time this year.

The Professional Services sector remains the most popular industry for company start-ups accounting for 25% of new companies. Wholesale & Retail is second accounting for 11% of start-ups.

IT and Social & Personal Services companies account for another 10% of start-ups a piece while construction rounds off the top five with 7% of start-ups.

Insolvency Notices

1,563

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

  • 38 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

  • 326 Companies

New Businesses

  • 572 Businesses

Important Changes

Changed Status

  • 928 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 467 Companies

Struck Off

  • 7 Companies

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