Business Barometer

19 Companies to hold Meetings of Creditors before month end.

After the drop in insolvency rates Ireland experienced last year, compared to 2017, figures held steady in Q1-2019. However, it's still vital that companies and individuals continue to remain vigilant and carry out ongoing tests on customers, potential clients and suppliers to help protect their business interests.

To highlight this, as of today, 19 Irish companies are scheduled to hold a Meeting of Creditors (MOC) to appoint a liquidator between today and the end of the month (22nd-31st May 2019).

According to their latest sets of filed accounts with CRO, at the time of publishing, these companies owed their trade creditors a combined total of just under €5.5m.

Twelve (63%) of these companies are based in Dublin, with a further three in Meath, two in Cork and one each in Carlow and Galway.

The wholesale & retail sector is worst affected with seven of the companies operating there. The professional services sector accounts for a further six. The other affected industries are construction, hospitality, IT, manufacturing, real estate and social & personal services.

The Credit Reports on CRIF Vision-net.ie, offer you an intuitive and user-friendly way of identifying potential issues, well ahead of time.

These reports are highly analytical and are currently predicting over 80% of corporate insolvencies approximately 6 months in advance on average.

Our credit reports are able to do this by utilising the very latest technology along with the key critical risk factors facing Irish businesses today, to continually monitor and evaluate every score every day (over 300 factors are analysed every day on every company).

To access Credit Checks on any company, business or individual you deal with simply login to your account or contact our support team on Tel: +353 1 903 2660 or email helpdesk.vision-net@crif.com today.

Insolvency Notices

1,176

The number of companies that have collapsed this year. This figure is up 15% 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.

Appointments

LIQUIDATORS

  • 27 Companies

E8 (Notice Of Appointment Of Receiver)

  • 5 Companies

EXAMINERS

  • 1 Company

Closures

260

The number of companies that have closed this week.

New Startups

New Companies

  • 393 Companies

New Businesses

  • 496 Businesses

Important Changes

Changed Status

  • 933 Companies

HIGH COURT NOTICES

  • 0 Company

Strike off & Struck off Companies

Strike Off

  • 309 Companies

Struck Off

  • 409 Companies

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