Over 7,600 company start-ups have been formed so far this year.
7,665 new companies have been formed between the 1st January and 12th May 2016 - an average of almost 60 per day. Just over a fifth of these new companies (1,593) operate in the professional services sector (accountants, consultants, legal practices etc).
The finance and wholesale & retail sectors were the second and third most popular industries for start-ups and accounted for just over 1,700 new companies between them.
There was good news for the construction sector which has seen a 29% increase in numbers this year (694 v 538).
During the same period we have seen 9,864 businesses registered. 65% (6,377) were set-up by sole-traders, 26% (2,517) by companies and the remainder by partnerships (two or more individuals).
Simply login today to view the latest information on Irish and UK companies and directors.
The number of companies that have collapsed this year. This figure is down 12% 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.
- 24 Companies
E8 (Notice Of Appointment Of Receiver)
- 9 Companies
- 1 Company
The number of companies that have closed this week.
- 610 Companies
- 493 Businesses
- 626 Companies
HIGH COURT NOTICES
- 1 Company
- 260 Companies
- 0 Company