Over 20,000 Irish company start-ups formed so far this year.
So far this year, we've seen the formation of 20,102 new Irish companies - an average of over 61 start-ups per day - an increase of 6.8% on the same period in 2016 (18,825).
Professional services remains the most popular industry for Irish start-ups with 19.5% (3,919) operating in this sector - these companies would typically be associated with Accounting, Admin, Marketing, Engineering, HR, Investigation, Legal Services etc.
The finance and social & personal sectors were the second and third most popular industries for start-ups and accounted for 3,061 and 2,126 new companies respectively. Construction and wholesale & retail round out the top 5 most popular industries with 1,986 and 1,863 start-ups between them.
Approximately 46% of start-ups in 2017 are based in Dublin with a further 10% in Cork. Galway, Kildare and Meath are next on the list and account for almost 12% of new companies between them.
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The number of companies that have collapsed this year. This figure is up 49% 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.
- 44 Companies
E8 (Notice Of Appointment Of Receiver)
- 5 Companies
- 1 Company
The number of companies that have closed this week.
- 362 Companies
- 342 Businesses
- 960 Companies
HIGH COURT NOTICES
- 7 Companies
- 292 Companies
- 0 Company