Corporate insolvencies continue to remain below 2014 levels.
Last month our figures showed that insolvencies this January were down approximately 38% on the same period last year.
A further two weeks in and insolvencies continue to remain low with 87 cases having taken place in the year to date - this is down 33% on the same period in 2014 (129).
57 (66%) of the insolvent companies this year have either had a liquidator appointed or been ordered to Wind-Up by the High Court.
A further 29 companies have had a receiver appointed and one company has been placed under the protection of the courts by having an examiner appointed.
The number of companies that have collapsed this year. This figure is up 17% 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.
- 33 Companies
E8 (Notice Of Appointment Of Receiver)
- 4 Companies
- 0 Company
The number of companies that have closed this week.
- 298 Companies
- 561 Businesses
- 386 Companies
HIGH COURT NOTICES
- 1 Company
- 219 Companies
- 8 Companies