Business Barometer

Corporate insolvencies continue to remain below 2014 levels

Last month our figures showed that insolvencies this January were down approximately 38% on the same period last year.

A further two weeks in and insolvencies continue to remain low with 87 cases having taken place in the year to date - this is down 33% on the same period in 2014 (129).

57 (66%) of the insolvent companies this year have either had a liquidator appointed or been ordered to Wind-Up by the High Court.

A further 29 companies have had a receiver appointed and one company has been placed under the protection of the courts by having an examiner appointed.

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

  • 33 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

  • 298 Companies

New Businesses

  • 561 Businesses

Important Changes

Changed Status

  • 386 Companies

HIGH COURT NOTICES

  • 4 Companies

Strike off & Struck off Companies

Strike Off

  • 219 Companies

Struck Off

  • 8 Companies

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