Eight out of ten companies entering insolvency in the first three months of 2019 were incorporated more than five years ago, new figures show.
The data, which has been compiled by Deloitte, indicates that 195 companies entered insolvency during the first quarter, a marginal increase on the 188 insolvencies recorded for the same period a year earlier.
Some 21 per cent of insolvencies were for companies less than five years old, while 27 per cent was for businesses in the five to ten year bracket. Some 26 per cent were f…
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