Last month was the strongest January for company start-ups since the year 2000.
1,768 new companies were formed last month - an average of 57 per day - that's 288 more companies than were formed in Jan '16 (1,480).
Professional services remains the most popular industry for Irish start-ups with 317 (18%) new companies operating in this sector - these companies would typically be associated with Accounting/Auditing, Administration Activities, Advertising/Marketing, Architecture, Consultancy, Engineering, HR, Investigation, Legal Services etc.
The finance and construction sectors were the second and third most popular industries for start-ups and accounted for just over 426 new companies between them.
Wholesale & retail and IT companies round out the top 5 most popular industries with 154 and 118 start-ups respectively.
Approximately 40% of this January's start-ups are based in Dublin with just over another 10% based in Cork. Galway, Kildare and Limerick are next on the list and account for just over 12% of new companies between them.
Simply login to your account 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 6% 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.
- 22 Companies
E8 (Notice Of Appointment Of Receiver)
- 24 Companies
- 1 Company
The number of companies that have closed this week.
- 163 Companies
- 551 Businesses
- 775 Companies
HIGH COURT NOTICES
- 8 Companies
- 565 Companies
- 0 Company