Company liquidations in 2005 fall to record low

The number of company liquidations in Ireland fell to a new all time low of 313 in 2005, compared with 329 for 2004, according to figures released today by global information solutions company Experian.

The number of companies entering receivership was also down, to 14 in 2005 from 16 in 2004, while the number of petitions to wind up companies almost doubled, from 36 in 2004 to 61 in 2005.