Business Barometer

Over EUR10.1m in bad debt judgments have been awarded against companies and consumers in the first month of 2020. This figure is up by 88% on the same period in 2019 (EUR5.4m)

The number of these judgements currently stands at 230, 182 against consumers and 48 against commercial entities.

Although the value of Judgments against consumers is up 78% on January 2019 the number of cases has pretty much stayed the same (186 v 182) these 182 cases have a combined value of €9,380,579 - an average of €51,541 per judgment.

A further €724,991 in bad debts were registered against companies in 48 separate judgments (€15,103 per judgment). This increase in overall numbers of judgments helps illustrate that there is still an ongoing need for continued risk assessment and client monitoring, even in a positive economic environment.

CRIF Vision-net lets you carry out risk assessment in a low cost and highly effective way, to minimise your exposure along the full credit life cycle, using the very latest data, to ensure you make the most informed credit and risk decisions.

Why not check a client on CRIF Vision-net.ie today. All of our accounts allow you to search judgments and analyse bad debt histories on consumers and corporate clients, as well as proactively alerting you if a new judgment is registered against someone you have an interest in - free of charge.

CRIF Vision-net also gives you access to the most comprehensive background checking tool on the market on consumers with our CCI report. This simple search compiles information, taken from 11 key data streams, into one user-friendly credit profile of directors or individuals.

To access reports on any business or individual you deal with today simply login to your account or contact our support team on Tel: +353 1 903 2660 or Email: Helpdesk.vision-net@crif.com today.

Insolvency Notices

2,206

The number of companies that have collapsed this year. This figure is up 25% compared to last year
Click here to view the list


PREDICTIVE CREDIT REPORTS

Our Credit Reports are predicting over 80% of insolvencies at up to 6 months in advance.

Appointments

LIQUIDATORS

  • 27 Companies

E8 (Notice Of Appointment Of Receiver)

  • 5 Companies

EXAMINERS

  • 0 Company

Meetings of Creditors

24th of January, 2020

23rd of January, 2020

22nd of January, 2020

21st of January, 2020

Read More

Closures

186

The number of companies that have closed this week.

New Startups

New Companies

  • 538 Companies

New Businesses

  • 591 Businesses

Important Changes

Changed Status

  • 635 Companies

HIGH COURT NOTICES

  • 4 Companies

Strike off & Struck off Companies

Strike Off

  • 362 Companies

Struck Off

  • 0 Company

Missed A Barometer?

View Previous Business Barometers: