Irish company start-up rates have risen 16% on the same period in 2013 with the construction sector showing a significant improvement.
So far this year 6,666 company start-ups have been incorporated in the Republic of Ireland - an average of 49 per day.
This figure represents a 16% increase on the same period in 2013 (5,769) and is the highest we've seen, for start-ups, since 2007 when 7,334 were formed.
Almost a quarter of start-ups this year (1,628) are operating in the professional services sector. That figure is up almost 18% on last year when 1,384 were set-up during the same period.
The wholesale & retail, social & personal service and I.T. sectors are the next most popular industries this year and account for over 30% of start-ups between them.
Almost 8% (509) of start-ups are operating in the fifth most popular sector - construction. This figure is up 43% on the same period in 2013 when just 355 companies in that industry were formed.
The number of companies that have collapsed this year. This figure is up 33% 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.
- 37 Companies
E8 (Notice Of Appointment Of Receiver)
- 10 Companies
- 0 Company
The number of companies that have closed this week.
- 406 Companies
- 542 Businesses
- 610 Companies
HIGH COURT NOTICES
- 1 Company
- 223 Companies
- 0 Company