Between them, these companies owe their trade creditors E1.7m.
At the moment, 14 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator between today and the end of the month (Tuesday, 31st January 2017) - just under two per working day.
According to their latest sets of filed accounts, these companies owe their trade creditors a combined total of approximately E1.7m.
Our review of 2016 revealed a 17% drop in MOC notices last year compared to 2015 (612 vs 739). So far in this year, 19 meetings of creditors have been held.
This is in line with the same period last January, so the initial signs are again promising for an overall reduction in insolvencies.
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The number of companies that have collapsed this year. This figure is up 50% 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.
- 24 Companies
E8 (Notice Of Appointment Of Receiver)
- 12 Companies
- 0 Company
The number of companies that have closed this week.
- 437 Companies
- 37 Businesses
- 361 Companies
HIGH COURT NOTICES
- 5 Companies
- 135 Companies
- 0 Company