Over 16% increase in company failures over the last two years

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Challenging year for Irish businesses.

1,638 Corporate insolvencies in 2011, a 7% increase on 2010. 

21% in Munster.

Court Liquidations decrease

Creditors  Voluntary Liquidations increase

Receiverships increase

Examinerships level

This worrying trend demonstrates a lack of  business confidence and liquidity in the Irish Economy as we enter 2012. Expert advise is needed at the earliest stages of liquidity crisis to avoid losing control of your business and becoming an enforced statistic. Contact us at 022-21132 for confidential assistance.

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John O'Connell & Co., Chartered Accountants, Corporate Recovery & Insolvency Practitioners, Independent Financial Centre
33 Bank Place, Mallow, Co. Cork, Ireland :: Phone +353 (0)22-21132