Over 1,700 company start-ups have been formed in Ireland so far this month - that's the highest July figure we've seen in the last 15 years.
1,732 new companies were formed in Ireland this month - an average of almost 58 per day.
That makes this month the best July for company start-ups since the year 2000 and the third best July in the past 25 years - 1,753 and 2,234 start-ups were formed in July 1997 and 1998 respectively.
Company start-ups this month are up 17% on the same period last year with the professional services sector proving to be the most attractive for new companies. Approximately 23% of new companies this month are operating in that sector.
Other popular industries for start-ups this month include social & personal services and wholesale & retail which account for 11% and 10% of start-ups this month respectively.
The number of companies that have collapsed this year. This figure is down 16% 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.
- 15 Companies
E8 (Notice Of Appointment Of Receiver)
- 7 Companies
- 3 Companies
The number of companies that have closed this week.
- 327 Companies
- 474 Businesses
- 177 Companies
HIGH COURT NOTICES
- 0 Company
- 159 Companies
- 0 Company