Almost 1,600 new Irish companies were formed last month, however, this figure was down approximately 10% on July 2015's total.
While this year has been an excellent one for company start-ups - figures for the first seven months of 2016 show a 13% overall rise in start-ups - July bucked the trend with fewer companies being formed than in 2015.
1,597 companies were formed last month - an average of over 51 per day - this is down 10% from the 1,774 start-ups recorded last year.
Of the new companies formed this July, 19% operate within the professional services sector. The next most popular sectors for start-ups are finance, wholesale & retail and social & personal services which accounted for 14.5%, 11.5% and 9% of newly formed companies.
Dublin was the most popular location for start-ups with 47% setting up there. Cork accounted for a further 10% of new companies with Galway in third place with 5%.
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Insolvency Notices
2,477
The number of companies that have collapsed this year. This figure is up 21% 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
- 22 Companies
E8 (Notice Of Appointment Of Receiver)
- 3 Companies
EXAMINERS
- 0 Company
Meetings of Creditors
29th of July, 2016
28th of July, 2016
27th of July, 2016
26th of July, 2016
Read MoreClosures
149
The number of companies that have closed this week.
New Startups
New Companies
- 306 Companies
New Businesses
- 376 Businesses
Important Changes
Changed Status
- 670 Companies
HIGH COURT NOTICES
- 3 Companies
Strike off & Struck off Companies
Strike Off
- 338 Companies
Struck Off
- 0 Company
