Services
Restructuring
Solutions to help get your business back to growth
If your company is facing financial problems, whether it concerns cash flow shortfall, falling sales or excessive debt, we can help you deliver restructuring solutions for your company so that it can recover quickly.
How can we help?
Our approach and hands-on service has helped many struggling companies, from small businesses to large companies, back on their feet and on a path to growth and prosperity. Our experienced professionals based at offices in Dublin, Cork, Limerick, Galway, Waterford and Belfast will see you on your way to recovery.
Our services
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Insights: 28% decrease in corporate insolvencies in H1 2019 compared to the same period in 2018
The latest insolvency statistics published by Deloitte indicate that the total number of corporate insolvencies in H1 2019 was 310. This is a significant decrease of 125 (29%) on H1 2018, when 435 corporate insolvencies were recorded.
The analysis also shows that the age of companies becoming insolvent has remained consistent for H1 2019 - 78% (241) of insolvent companies in the first half of this year were incorporated more than five years ago.
22% (69) of all insolvencies recorded in the first six months of 2019 relate to companies less than five years old, 25% (76) are in the 5-10 years bracket, 22% (69) are in the 10-20 years bracket, 17% (53) are in the 20-30 years bracket, 7% (21) are in the 30-40 years bracket and 7% (22) are over 40 years old.
Keep up to date with our quarterly report on our Restructuring Solutions homepage.
Free and confidential consultation: +353 1 417 2625
Recommendations
Acting early can help companies get through financial distress
Publication of A Practical Guide to Insolvency by Deloitte
