Business Barometer

The economic upturn currently being experienced in Ireland can be seen in company director appointments with over 6,000 individuals becoming a director for the first time this year.

To date, we have seen 6,080 individuals have become the director of an Irish company for the first time in 2014.

40% of these individuals are female with their average age being 41 years old. Males who have become directors for the first time this year are, on average, 42 years old.

This figure for first time director appointments is aided by the almost 11% increase in company start-ups we've seen this year.

2,977 company start-ups were incorporated in the first two months of the year which is 10.6% up on the same period in 2013 and is the highest total we've seen for that period since 2008.

The most popular industry for company start-ups this year is professional services which accounts for just over a quarter of all new companies. Wholesale & retail and social and personal services, between them, account for a further 19% of start-ups.

Insolvency Notices

2,206

The number of companies that have collapsed this year. This figure is up 25% 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

  • 30 Companies

E8 (Notice Of Appointment Of Receiver)

  • 9 Companies

EXAMINERS

  • 2 Companies

Closures

186

The number of companies that have closed this week.

New Startups

New Companies

  • 233 Companies

New Businesses

  • 714 Businesses

Important Changes

Changed Status

  • 226 Companies

HIGH COURT NOTICES

  • 4 Companies

Strike off & Struck off Companies

Strike Off

  • 88 Companies

Struck Off

  • 0 Company

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