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Friday 2 June 2023 Dublin: 12°C

# Insolvencies

All time
# full of ideas
Every day last month, 135 new Irish businesses were set up
Insolvencies were also down.
# going under
Bankruptcies have increased more than 750% since four years ago
New figures also show a rise in start-ups and a fall in the number of businesses going under.
# Back in business
Open for business: new company start-ups beat pre-recession levels
There were 49 companies founded every day last month.
# Insolvencies
Hospitality sector at risk of collapse while economy continues to improve
Figures from Vision-net also show an 18 per cent fall from last year in the number of businesses becoming insolvent.
# Insolvencies
Four companies went out of business each day in January - report
The number of corporate insolvencies last month marked an increase of almost 40 per cent on the same period last year.
# Economy
Five companies a day went out of business in 2011
The firms left unpaid debts of €1.2billion, which it’s feared could further hit economic recovery.
# Insolvencies
Liquidations rise in Q3, but fewer companies become insolvent
Latest statistics show that insolvencies in the construction sector are falling – but are increasing in retail and hospitality.
# Insolvencies
August one of highest months for insolvencies
An average of 10 companies a day became insolvent in August, with one-third of insolvent companies leaving unpaid mortgages behind.
# Daily Fix
The Daily Fix: Friday
Our collection of the day’s news, developments and random tidbits.
# Insolvencies
Rise in number of Irish businesses closing with one in two described as being at risk
It’s worrying news with an average of ten insolvencies a day in April. As well as this it has been revealed that a high percentage of court judgements on unpaid debt were against consumers.