Business Barometer

The value of bad debt judgments in the first 10 months of this year is already E4m more than the total for all of 2014 (E341.5m).

3,677 judgments were awarded against companies and consumers in the first 10 months of 2015 for failure to repay debts - these awards totalled E345.5m which is up 13% on the same period in 2014 (E304.5m).

2,783 of this year's judgments (76%) were awarded against consumers - these judgments have a value of E314.9m - 91% of the total value of judgments awarded. 1,477 of the judgments against consumers were awarded to the office of the Revenue Commissioner and are valued at E50.6m.

Banks received E230.4m in 341 separate judgments against consumers - an average of over E675,000 per award.

894 judgments were awarded against companies between January and October of this year - these had a combined value of E30.6m. 317 of these judgments were awarded to Local Authorities (City & County Councils etc).

E16.8m in corporate bad debt judgments were awarded to the banks in 23 separate cases.

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

  • 24 Companies

E8 (Notice Of Appointment Of Receiver)

  • 4 Companies

EXAMINERS

  • 2 Companies

Closures

145

The number of companies that have closed this week.

New Startups

New Companies

  • 423 Companies

New Businesses

  • 528 Businesses

Important Changes

Changed Status

  • 353 Companies

HIGH COURT NOTICES

  • 2 Companies

Strike off & Struck off Companies

Strike Off

  • 229 Companies

Struck Off

  • 0 Company

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