20 GALWAY FIRMS INSOLVENT IN FIRST QUARTER OF 2013
20 companies, with registered addresses in Galway were declared insolvent in the first three months of this year.
That’s according to figures compiled by business and credit analysts Vision-net.
The data shows that the rate of insolvencies in Galway for the period from January to March this year is down by 23 percent on quarter one last year when 26 insolvencies were recorded.
It’s also down on quarter one in 2011 when 23 such insolvencies are noted.
March saw the highest rate of insolvencies in quarter one this year with 10 recorded, followed by January where 7 are noted and February where the remaining three are detailed.