The CRO recently published its 2024 Annual Report and we have set out some of the main highlights from the annual report below.
- 324,531 companies on the register at the end of 2024
- An extra 15,720 companies on the register at the end of 2024 (no involuntary strike off occurred in 2024)
- 566,827 submissions filed in 2024 (95% electronically)
- Sec 243 District Court Applications
- 1,938 notices of applications received by CRO
- 1,858 Letter of Acknowledgement / No Objection issued
- CRO lodged 5 objections
- 1,749 Orders granted by the District Courts
- No applications were refused by the Courts
- 14 applications withdrawn and 231 adjourned to 2025
- 34 Official Complaints
- New Companies
- 23,652 new companies incorporated
- 7% increase on 2023
- Average of 1,971 per month in 2024
- External Companies
- 181 new external companies registered in 2024
- 37 EEA and 144 non-EEA
- 320 Re-Registrations in 2024 (decrease from 393 in 2023)
- 2,233 change of names were approved
- 12,015 charges filed in 2024 (an increase from 10,704 in 2023)
- 4,433 Liquidations in 2024
- 2516 MVL
- 1846 CVL
- 71 Court Liquidations
- 164 Receivers Appointed in 2024 (an increase on 108 in 2023)
- SCARP
- 30 Appointment of a process advisor
- 26 notifications of approval of a rescue plan
- 5,926 persons on the Register of Disqualified Persons
- 689 persons on the Register of Restricted Persons
- Involuntary Strike off still paused
- 6,737 companies were applied for Voluntary Strike Off (an increase on 6,227 in 2023)
- 47 companies restored to the Register (a decrease on the 62 in 2023)
- 24 Court restoration and 22 administrative restorations
- 20,066 Business Names were registered in 2024 (an increase of 1.6% on 2023
- 149 Limited Partnerships were registered in 2024 (an increase on 147 in 2023)
- CRO Income for 2024 was €20.5 million with an expenditure of €8.41m
- €9.7 million in late filing fees and €9.7 million in submission fees
- 16,073 companies paid late filing penalties in 2024
NB: The content of this article is provided for information purposes only and does not constitute legal or other advice.
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