It's not all bad news! Would you like to view the Company Startup Breakdown?
|Year||Company Closures||Difference||% Diff.|
|Third Quarter, 2019||3,498||-133||-3.66%|
|Third Quarter, 2018||3,631||+986||+37.28%|
|Third Quarter, 2017||2,645||+218||+8.98%|
|Third Quarter, 2016||2,427||---||---|
For the Third Quarter of this year, company closures are up 44.13% on the 2016 figures.
|Year||Company Liquidations||Difference||% Diff.|
|Third Quarter, 2019||462||-24||-4.94%|
|Third Quarter, 2018||486||+2||+0.41%|
|Third Quarter, 2017||484||+139||+40.29%|
|Third Quarter, 2016||345||---||---|
For the Third Quarter of this year, company liquidations are up 33.91% on the 2016 figures.
|Year||Company Closures||Company Liquidations||% Liq.|
|Third Quarter, 2019||3,498||462||13.21%|
|Third Quarter, 2018||3,631||486||13.38%|
|Third Quarter, 2017||2,645||484||18.3%|
|Third Quarter, 2016||2,427||345||14.22%|
On average, 14.78% of company closures are likely to result in a liquidator being appointed.
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The new quarterly figures published this week, reveal a growth of 5,010 new companies in Q3 2019, bringing the total number of start-ups in Ireland to 17,160.
With the effects of Brexit still hanging in the balance, many Irish companies may be forced to look to wider European markets