Business Barometer

Corporate insolvencies down almost a quarter on 2014 levels.

Our latest figures for corporate insolvencies in Ireland this year show that 493 companies have been declared insolvent - an average of 3 per day.

This is down 24% on the figure for the same period last year when 648 Irish companies were found to be insolvent.

358 (73%) of the insolvent companies this year have either had a liquidator appointed or been ordered to Wind-Up by the High Court.

A further 122 companies have had a receiver appointed and thirteen have been placed under the protection of the courts by having an examiner appointed.

40% of insolvent companies this year were based in Dublin with a further 9% and 6% based in Cork and Galway respectively.

The most affected industry sectors so far this year are professional services, construction and wholesale & retail - accounting for 16%, 15% and 13% of insolvencies.

Insolvency Notices

1,513

The number of companies that have collapsed this year. This figure is down 5% compared to last year
Click here to view the list


PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.

Appointments

LIQUIDATORS

  • 44 Companies

E8 (Notice Of Appointment Of Receiver)

  • 14 Companies

EXAMINERS

  • 3 Companies

Closures

33

The number of companies that have closed this week.

New Startups

New Companies

  • 113 Companies

New Businesses

  • 508 Businesses

Important Changes

Changed Status

  • 297 Companies

HIGH COURT NOTICES

  • 3 Companies

Strike off & Struck off Companies

Strike Off

  • 73 Companies

Struck Off

  • 0 Company

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