17,916 new companies were formed in Ireland in 2014 with a number of industries recording their best start-up figures since the year 2000
These start-up figures are the best we've seen since 2007 and represent a 14% increase on new companies formed in 2013 (15,665). 2014 also saw the best December for company start-ups since the millennium (1,728 new companies), signalling confidence for the New Year.
Six industries saw their best figures for company start-ups since the year 2000. These were - professional services (4,618), social & personal services (1,554), hospitality (1,148), agriculture (556), motor (398) and fishing (48).
Three further industries recorded their second highest figures since the Millennium - IT (1,443), finance (992) and leasing (293).
Two industries which suffered greatly during the recession showed signs of recovery last year. 1,322 start-ups entered the construction sector - an increase of 33% on 2013's total while a further 1,067 new companies joined the real estate sector - up 54% on 2013.
Upon reviewing this data our Managing Director, Christine Cullen, commented that - "The seven-year high in company formations, and the best performing December since 2000, signals a positive outlook for companies in the coming year".
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
- 13 Companies
E8 (Notice Of Appointment Of Receiver)
- 4 Companies
EXAMINERS
- 0 Company
Closures
186
The number of companies that have closed this week.
New Startups
New Companies
- 297 Companies
New Businesses
- 250 Businesses
Important Changes
Changed Status
- 192 Companies
HIGH COURT NOTICES
- 4 Companies
Strike off & Struck off Companies
Strike Off
- 0 Company
Struck Off
- 0 Company