Soon to be liquidated Irish companies owe their short term creditors almost E1.4m.
13 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator this week (between the 19th and 23rd January 2015) - an average of just over two meetings per day. This will be for the purpose of winding-up the companies.
These 13 companies owe their short term creditors a combined total of almost E1.4m.
54% of these companies are based in either Dublin or Kildare (31% and 23% respectively) with a further 15% in Limerick.
The industries most affected by this week's MOCs are professional services and wholesale & retail which accounted for three meetings each.
Hospitality and manufacturing add a further two meetings apiece, with one company in the health & social services, IT and transport & logistics sectors also being affected.
The number of companies that have collapsed this year. This figure is up 5% 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.
- 17 Companies
E8 (Notice Of Appointment Of Receiver)
- 6 Companies
- 0 Company
The number of companies that have closed this week.
- 394 Companies
- 674 Businesses
- 2680 Companies
HIGH COURT NOTICES
- 1 Company
- 715 Companies
- 138 Companies