Business Barometer

17,916 new companies were formed in Ireland in 2014 with a number of industries recording their best start-up figures since the year 2000.

These start-up figures are the best we've seen since 2007 and represent a 14% increase on new companies formed in 2013 (15,665). 2014 also saw the best December for company start-ups since the millennium (1,728 new companies), signalling confidence for the New Year.

Six industries saw their best figures for company start-ups since the year 2000. These were - professional services (4,618), social & personal services (1,554), hospitality (1,148), agriculture (556), motor (398) and fishing (48).

Three further industries recorded their second highest figures since the Millennium - IT (1,443), finance (992) and leasing (293).

Two industries which suffered greatly during the recession showed signs of recovery last year. 1,322 start-ups entered the construction sector - an increase of 33% on 2013's total while a further 1,067 new companies joined the real estate sector - up 54% on 2013.

Upon reviewing this data our Managing Director, Christine Cullen, commented that - "The seven-year high in company formations, and the best performing December since 2000, signals a positive outlook for companies in the coming year".

Insolvency Notices

1,563

The number of companies that have collapsed this year. This figure is down 3% 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.

Appointments

LIQUIDATORS

  • 13 Companies

E8 (Notice Of Appointment Of Receiver)

  • 4 Companies

EXAMINERS

  • 0 Company

Closures

145

The number of companies that have closed this week.

New Startups

New Companies

  • 297 Companies

New Businesses

  • 250 Businesses

Important Changes

Changed Status

  • 192 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 0 Company

Struck Off

  • 0 Company

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