Figures compiled by Vision-net.ie show that 148 Irish Companies held a Meeting of Creditors to agree the appointment of Liquidator in April 2011
Between them, these companies owed their Creditors €93.9m (71% to Short Term Creditors and the remainder to Long Term Creditors).
April was the worst month in 2011 for Companies holding Meetings of Creditors and continues the upward trend we've seen consistently throughout this year.
MOCs are increasing month by month in 2011. 498 meetings have been held in the first four months of this year, an increase of 11% on the same period in 2010.
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Court Ordered Judgments
The Irish Courts issued 499 Registered Judgments this April.
That number is up 19% on the figure for April 2010 however, the total value of Judgments awarded in April '11 was €25m (down 60% on the April '10 total).
Over 80% (€20.4m) were awarded against Consumers with the remainder being made up of Corporate Judgments.
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
- 35 Companies
E8 (Notice Of Appointment Of Receiver)
- 7 Companies
EXAMINERS
- 1 Company
Meetings of Creditors
28th of April, 2011
- Bella Lusso Limited
- Cunnane & Donaghey Limited
- Dewside Limited
- Jjj Coatings Limited
- Nattom Retail Limited
Closures
162
The number of companies that have closed this week.
New Startups
New Companies
- 218 Companies
New Businesses
- 283 Businesses
Important Changes
Changed Status
- 911 Companies
HIGH COURT NOTICES
- 6 Companies
Strike off & Struck off Companies
Strike Off
- 438 Companies
Struck Off
- 128 Companies