126 new companies and businesses were formed daily this April - up 5% on the same time last year while corporate insolvencies fell by 27%
3,408 start-ups were formed this April - of these 1,350 (40%) were companies with the remainder being businesses.
Company start-ups were 7% up on figures from last April (1,267). A quarter of this April's new companies chose to operate in the professional services sector.
The construction sector continued to see gains with 113 new companies forming (up 11% on last April). The real estate sector also saw an improvement with a 54% increase in new entrants (83 v 54).
83 companies were declared insolvent last month, a drop of 27% on April 2014.
The hospitality sector was worst affected with 15 companies being declared insolvent (up from 10 the previous April).
The majority of industry sectors saw drops in insolvency figures with construction and real estate again faring well with decreases of 23.5% and 33% respectively.
Insolvency Notices
2,288
The number of companies that have collapsed this year. This figure is up 22% 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
- 34 Companies
E8 (Notice Of Appointment Of Receiver)
- 6 Companies
EXAMINERS
- 0 Company
Meetings of Creditors
1st of May, 2015
- Energy Sense Ireland Limited
- Gerard Kirwan Limited
- Mmdm Limited
- Mmem Public Houses Limited
- National College Of Business Administration Limited
Closures
162
The number of companies that have closed this week.
New Startups
New Companies
- 220 Companies
New Businesses
- 584 Businesses
Important Changes
Changed Status
- 532 Companies
HIGH COURT NOTICES
- 6 Companies
Strike off & Struck off Companies
Strike Off
- 66 Companies
Struck Off
- 0 Company