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.
The number of companies that have collapsed this year. This figure is down 16% 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.
- 38 Companies
E8 (Notice Of Appointment Of Receiver)
- 10 Companies
- 0 Company
The number of companies that have closed this week.
- 326 Companies
- 572 Businesses
- 928 Companies
HIGH COURT NOTICES
- 0 Company
- 467 Companies
- 7 Companies