26 Irish companies to begin liquidation process before July 2017.
At the moment, 26 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator in the run up to the end of June 2017 (23rd - 30th).
According to their latest sets of filed accounts, these companies owe their trade creditors a combined total of approximately E10.7m.
Dublin and Cork are each home to five of the companies with a further four based in Galway. The other affected counties are Wexford (3), Kilkenny (2), Roscommon (2), Limerick, Meath, Tipperary and Waterford.
The wholesale & retail sector is the most affected industry and accounts for 27% of the meetings (7). The professional services sector is next with four MOCs and another three companies apiece in construction, hospitality, manufacturing and real estate. The other sectors affected are finance, IT, and motor.
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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.
- 17 Companies
E8 (Notice Of Appointment Of Receiver)
- 1 Company
- 0 Company
The number of companies that have closed this week.
- 493 Companies
- 416 Businesses
- 455 Companies
HIGH COURT NOTICES
- 5 Companies
- 242 Companies
- 0 Company