There has been a 19% increase in the number of petitions to Wind-Up companies being presented to the courts so far this year compared to the same period in 2015.
Between the 1st January and 9th June 2016 (inclusive), petitions to wind-up 42 Irish companies have been heard by the Courts - an average of about 2 per week - this represents a 19% increase on the figure for the same period in 2015 (34).
In order to present a petition to have a company wound up, an individual or a company (most likely a creditor) must be able to show that they are owed a minimum of E1,269.74 (approximately 1,000 in old Irish punts).
Of the 42 companies, 22 (52%) have been, or are in the process of being, wound-up.
Petitions to wind-up a further 6 companies will be heard by the courts before the end of this month.
To view further details about any of these companies, simply login to your account today.
The number of companies that have collapsed this year. This figure is up 4% 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.
- 25 Companies
E8 (Notice Of Appointment Of Receiver)
- 3 Companies
- 0 Company
The number of companies that have closed this week.
- 384 Companies
- 473 Businesses
- 643 Companies
HIGH COURT NOTICES
- 4 Companies
- 295 Companies
- 0 Company