Business Barometer

Who's the higher Credit Risk?

Who's the higher Credit Risk...

... a company that's in Business 1 year or a company that's in Business 3 years?

Or does it matter, should length of time in Business be considered at all when assessing risk... the simple answer from Vision-net.ie's latest Business Barometer... is most definitely yes!... and it's not as clear cut as you might think.

Believe it or not the riskiest category, are not the young fledging start-ups who have been operating for less than 2 years, but the slightly more established companies, who have been in business between 2 and 4 years!

An amazing 25% of company closures for the first quarter of 2009 fell into this category, with all other categories considerably lower. So if your client base is made up of companies who have been in business for 2 or 3 years... beware! Probably time to re-check them on Vision-net.ie. More »

Insolvency Notices

665

The number of companies that have collapsed this year. This figure is up 51% 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

  • 34 Companies

E8 (Notice Of Appointment Of Receiver)

  • 9 Companies

EXAMINERS

  • 0 Company

Closures

92

The number of companies that have closed this week.

New Startups

New Companies

  • 366 Companies

New Businesses

  • 278 Businesses

Important Changes

Changed Status

  • 486 Companies

HIGH COURT NOTICES

  • 3 Companies

Strike off & Struck off Companies

Strike Off

  • 39 Companies

Struck Off

  • 0 Company

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