Our survey of 2,190 farming and food companies indicates that the sector is performing strongly in this tough economic climate.
These 2,190 companies represent 32% of the total number of firms in the sector and our stress test of them revealed that almost half are currently seen as being stable.
49% of the companies surveyed were seen as being at a low risk of failure with a further 22% at medium risk. The remaining 29% of companies were showing up as being high risk.
Our research also revealed variations in risk levels affecting companies in the various subsectors of the agri-food industry.
Of the 394 companies that were involved with farming, livestock and crops we saw that 56% were deemed to be at low risk of failure with 25% deemed to be high credit risks.
When we stress tested the 798 companies involved in food production we saw that just over half (51%) were low risk with only 23% listed as being high risk
The remaining 998 companies operate in the food selling sector. Here we saw that just over one in three (36%) were high risk. 43% of the companies surveyed in this sector were deemed to be low credit risks.
On an overall scale, the agri-food sector has accounted for just over 4% of insolvencies recorded in Ireland in the first half of 2013.
The number of companies that have collapsed this year. This figure is up 23% 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.
- 32 Companies
E8 (Notice Of Appointment Of Receiver)
- 7 Companies
- 0 Company
The number of companies that have closed this week.
- 295 Companies
- 458 Businesses
- 972 Companies
HIGH COURT NOTICES
- 1 Company
- 205 Companies
- 384 Companies