Soon to be liquidated Irish companies owe their short term creditors over E4m.
23 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator this week (between the 17th and 21st November 2014) - an average of over four meetings per day. This will be for the purpose of winding-up the companies.
These 23 companies owe their short term creditors a combined total of E4.4m.
The majority of these companies (70%) are based in Dublin. Two companies are based in Laois with one each from Cork, Galway, Limerick, Tipperary and Wexford.
The industries most affected by this week's MOCs are professional services and manufacturing, accounting for six and five meetings respectively.
Construction, health and social work and hospitality add a further two meetings each, with one company in the IT, real estate and social & personal services sectors also being affected.
The number of companies that have collapsed this year. This figure is up 32% 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.
- 32 Companies
E8 (Notice Of Appointment Of Receiver)
- 6 Companies
- 0 Company
The number of companies that have closed this week.
- 320 Companies
- 575 Businesses
- 1137 Companies
HIGH COURT NOTICES
- 0 Company
- 159 Companies
- 507 Companies