Irish company start-ups recorded this January matched pre-recession totals with over 1,500 new companies being incorporated.
Our latest figures show that 1,511 Irish company start-ups were incorporated in January 2014 - this is the first time start-ups have reached the 1,500 mark, in a calendar month, since April of 2008 when 1,541 were set up.
An average of 48 new companies were set up per day this January - this is up 11% on the same period in 2013 when 1,362 start-ups were recorded (''an average of 43 start-ups per day'').
The professional services sector was the most popular industry for start-ups this January, accounting for almost 24% of all new companies.
Wholesale and retail was second on the list making up a further 11% of start-ups. Having dropped in popularity during recent years construction rose to third on the list, accounting for just over 8% of company incorporations.
January 2014 also saw 1,826 individuals become director of an Irish company for the first time - 59% of these individuals were male.
The number of companies that have collapsed this year. This figure is up 44% 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.
- 26 Companies
E8 (Notice Of Appointment Of Receiver)
- 5 Companies
- 0 Company
The number of companies that have closed this week.
- 362 Companies
- 748 Businesses
- 584 Companies
HIGH COURT NOTICES
- 3 Companies
- 215 Companies
- 0 Company