Business Barometer

Figures for company start-ups are the best seen since the year 2000

The first five months of 2017 have seen 9,585 Irish company start-ups recorded - an average of 63 new companies per day - the best figure seen for that period since 2000 (9,729 start-ups).

Professional services remains the most popular industry for Irish start-ups with almost one in five (1,851) operating in this sector - these companies would typically be associated with Accounting, Admin, Marketing, Engineering, HR, Investigation, Legal Services etc.

The finance and social & personal sectors were the second and third most popular industries for start-ups and accounted for 2,452 new companies between them. Construction and wholesale & retail round out the top 5 most popular industries with 943 and 859 start-ups respectively.

Approximately 45% of start-ups formed between January and May this year are based in Dublin with a further 10% based in Cork. Kildare, Galway and Meath are next on the list and account for 11.5% of new companies between them.

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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

  • 19 Companies

E8 (Notice Of Appointment Of Receiver)

  • 4 Companies

EXAMINERS

  • 0 Company

Meetings of Creditors

2nd of June, 2017

1st of June, 2017

31st of May, 2017

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Closures

186

The number of companies that have closed this week.

New Startups

New Companies

  • 261 Companies

New Businesses

  • 356 Businesses

Important Changes

Changed Status

  • 438 Companies

HIGH COURT NOTICES

  • 4 Companies

Strike off & Struck off Companies

Strike Off

  • 303 Companies

Struck Off

  • 80 Companies

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