Four firms collapse every day but spike in new business names recorded this January
Our latest figures show that, on average, four Irish companies failed every day in January 2012.
121 company insolvencies were recorded in January, this figure is down 19% on the same period in 2011. 81 of these companies were liquidated with the remainder entering receivership.
Company incorporations for January 2012 remained in line with figures recorded from the same month in 2010 and 2011. However, Business Name registrations rose 12% to 1,973, this compares to 1,767 registrations from January 2011.
Our Stress Test of almost 13,000 Irish companies revealed that approximately 55% of them were showing signs consistent with business failure.
A review of risk levels associated with particular industry sectors revealed that Hospitality sector currently contains the highest percentage of "At Risk" companies.
Just over 60% of companies operating in this sector are ranked as being "High Risk". The Construction industry also remains affected with 53% of firms appearing to be in danger of collapse.
Insolvency Notices
2,227
The number of companies that have collapsed this year. This figure is up 24% 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.
Appointments
LIQUIDATORS
- 36 Companies
E8 (Notice Of Appointment Of Receiver)
- 22 Companies
EXAMINERS
- 3 Companies
Meetings of Creditors
25th of January, 2012
- Acom Stationery And Furniture Solutions Limited
- Garden Leisure Products Limited/Troscan Ghairdini Teoranta
- Msb Events Limited
24th of January, 2012
Read MoreClosures
240
The number of companies that have closed this week.
New Startups
New Companies
- 298 Companies
New Businesses
- 700 Businesses
Important Changes
Changed Status
- 931 Companies
HIGH COURT NOTICES
- 4 Companies
Strike off & Struck off Companies
Strike Off
- 585 Companies
Struck Off
- 1 Company
