COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019

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COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
COMPANY INCORPORATION
INFORMATION LEAFLET NO.1 / APRIL 2019
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Contents

   Part 1 - Introduction								3

   Part 2 - Overview Of 2020							4

   Part 3 - The Company Lifecycle						                     10

   Part 4 - Other Entities Registered By The Cro				        16

   Part 5 - Corporate Function In The Cro					              18

   Part 6 - Coming In 2021								21

   Appendix 1: Detailed Statistics					                		   22

   Appendix 2: Purchase Of Own Shares				              		   29

   Appendix 3: Limited Partnerships				                		   44

   Appendix 4: Document Processing				                 		   50

   Appendix 5: Registrar Of Companies And Other   		        53
   Authorised Persons

2 | CRO Annual Report 2020
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Part 1 - Introduction
The Companies Registration Office (CRO) works under the aegis of the Departmen
of Enterprise, Trade and Employment. It is the central repository of public statutory
company law related information on Irish companies. The main functions of the Office
are:

  • Incorporation of companies
  • Registration of company post-incorporation documentation
  • Enforcement of the Companies Act 2014 in relation
    to filing obligations of companies
  • Registration of business names/changes in business name particulars
  • Making information available to the public

  The CRO Mission Statement is:

     to oversee the highest possible rate and quality of annual return filing on the part of
     companies in accordance with the relevant statutory provisions and to ensure that
     information on companies published in turn by the CRO is timely and accurately
     reflects the information provided by those companies.

                                                                          CRO Annual Report 2020 | 3
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Part 2 - Overview of 2020

2020 was an extremely challenging year for the CRO and its stakeholders due to the
COVID 19 pandemic. The CRO Public Office in Dublin was closed on 12th March 2020
due to COVID 19 restrictions and had not reopened by year end. The entire office
closed following the imposition of lockdown by Government in late March, reopening
on a limited basis for essential work that could not be done from home the following
week. Arrangements were quickly made for staff to work from home and gradually the
full range of services to our customers was restored.

In light of the difficulties being experienced by companies and presenters, the
Registrar suspended enforcement activity in March 2020 and it had not resumed by
year end.

On the 18th of March, following a decision by the Registrar, the Minister announced
that companies who were due to file their annual returns would be deemed to have
filed on time if all elements of the annual return were received in the office by 30th
of June 2020. Following a review of the position by the Registrar in May 2020, it
was announced that this filing extension would be extended to 31st of October.
The position was reviewed again during September and it was announced that all
companies with an annual return date on or after 30th September 2020 would be
deemed to have filed on time if all elements of their annual return were received by
CRO by 26th of February 2021.

4 | CRO Annual Report 2020
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
2020 saw the culmination of a major three-year IT project in CRO which went live on
16th of December.

251,275 Irish companies were in existence on the register at the end of the year,
resulting in over 431,000 submissions being filed with the CRO during 2020. Private
limited by shares companies make up 89% of all companies on the register.

The number of new companies being added to the register has exceeded the numbers
being removed. This has been the case for some years, although during 2020 the
increase was exacerbated by the suspension of involuntary strike offs in March 2020.

Over 81% of all documents filed with CRO in 2020 were filed electronically

                                                                   Irish Companies on the Register

       240000

       220000

       200000

       180000

            2006        2008          2010         2012         2014         2016          2018           2020

Mandatory Electronic Filing – Table of Filings

  Form
  Type1             2017                        2018                        2019                  20202
  B1 form          206,934                     219,266                     224,266                194,515
  B2 form          17,834                      19,216                      18,383                 16,292
  B10 form         75,681                      75,778                      77,471                 67,523
  B73 form         9,972                       10,653                      10,486                 8,810

1 B1 Form: Annual Return, B2 Form: Change of Registered Office, B10: Change of Director/Secretary or in their
  particulars, B73: Nomination of a new annual return date.
2 The number of annual returns filed in 2020 was lower than in previous years due to the filing extensions provided
  as a result of the pandemic.

                                                                                          CRO Annual Report 2020 | 5
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Trends in Electronic Filing

  Year         E-filed Documents All submissions Received     Irish companies on
                                                              Register
  2010         214,718           373,515                      181,642
  2015         302,421           437,859                      198,482
  2020         352,577           431,520                      251,275

Applications to the High Court/District Court for an Order Extending Time to File
Section 343(5) of the Companies Act 2014 states that a company which is late in filing
its annual return can make an application to the Court (High Court or the District
Court for the district in which the company’s registered office is situated) for an order
extending the time to file its annual return for that year. It should be noted that only
one application can be made to the court in respect of any one financial year and only
“live” companies may make an application to the courts under this section – it is not a
process available to dissolved companies.

Once an order is granted by the Court and complied with by the company, the annual
return will be treated as being on-time and the company will not be required to pay
late filing fees or suffer loss of audit exemption. In 2020, CRO received 342 notices of
applications from companies to the District Court or the High Court.

The CRO issued a total of 336 Letters of Acknowledgement/No Objection/Objection
and processed 278 Orders granted by the District Court/High Court. Two applications
were refused by the Courts and six applications were withdrawn. Forty-one
applications were adjourned from 2020 to 2021.

Legal Developments

COUNCIL REGULATION (EU) 2020/699 of 25 May 2020 on temporary measures
concerning the general meetings of European companies (SEs) and of European
Cooperative Societies (SCEs). The Regulation provides for a temporary derogation to
the deadline provided for in Articles 54 of EC Regulations 2157/2001 and 1435/2003
to provide flexibility for European companies (SEs) and European Cooperative
Societies (SCEs) to hold general meetings within 12 months of the end of the financial
year, but no later than 31st December 2020.

6 | CRO Annual Report 2020
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (No. 9 of 2020).
The Act came into effect in August 2020 and makes temporary amendments to
the Companies Act 2014 and the Industrial and Provident Societies Act 1893 to
address Covid-19 related issues. The Act provides for the holding of Annual General
Meetings and general meetings by electronic means. It also makes provision in respect
of business solvency by extending the period of examinership and increasing the
threshold at which a company is deemed unable to pay its debts.

S.I. No. 81/2020: European Union (Shareholders’ Rights) Regulations 2020
These Regulations give effect to the provision of European Directive EU 2017/828 as
regards the encouragement of long-term shareholder engagement and insert several
Chapters into Part 17 of the Companies Act 2014.

S.I. No. 609/2020: Companies Act 1990 (Uncertificated Securities) (Amendment)
Regulations 2020
These Regulations amend the definition of a competent authority to include
authorised persons in the United Kingdom up to 30 June 2021.

S.I. No. 626/2020: Companies Act 2014 (Fees) Regulation 2020
These Regulations prescribe the fees payable for any matter under the 2014 Act
including the registration of a company and the registration of any notice, return or
other document by the Registrar of Companies.

S.I. No. 627/2020: Companies Act 2014 (Forms) Regulations 2020
These Regulations make minor changes to some of the prescribed forms used in
CRO (A1 – Incorporation of a new company; B1 – Annual Return; E8 – Notice of
appointment of a receiver; E9 – Receiver’s abstract).

S.I. No. 628/2020: Companies Act 2014 (Forms and Content of Documents Delivered
to the Registrar) Regulations 2020
These Regulations provide for the manner of completion of documents deposited with
the Registrar which are not prescribed under the Act, including the size, print, legibility
and layout of documents.

S.I. No. 629/2020: Companies Act 2014 (Section 897) Order 2020
These Regulations mandate the Form A1 (Incorporation of a new company) as a form
which must be filed electronically.

S.I. No. 630/2020: Companies (Statutory Audits) Act 2018 (Commencement) Order
2020
S.I. No. 631/2020: Companies (Amendment) Act 2019 (Commencement) Order 2020
The effect of these Commencement Orders is to provide for the amalgamation of the
                                                                       CRO Annual Report 2020 | 7
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
previous two 28-day periods in the annual returns filing process to provide companies
with 56 days to complete their returns in a single step.

Unregistered Auditors
In 2020, there were no reports of unregistered auditors attempting to file false
auditors’ reports. There were 19 instances where auditors notified the CRO that
their Auditors Registration Number (ARN) was used to file auditors’ reports without
permission.

The CRO continues to monitor the controls which reduce the risk of such incidences
reoccurring. The mechanism in place, allowing auditors to immediately alert the CRO
of an abuse of their registration number, continues to operate effectively.

Redevelopment of IT resources
In 2020 the CRO completed its project to redevelop the CRO databases which house
the register of companies, the register of business names and the register of limited
partnerships. The update of the system required a full refresh and the new platform
went live on 16th of December. Prior to go live, over 700GB of data and 18 million
images were transferred to the new platform. This necessitated the shutdown of the
CORE system for 9 days from 7th of December to allow sufficient time for the data
migration in advance of go live. This involved teams in the office dealing with the
day to day task of ensuring that all filings received by the cut-off date were taken in
and processed on time while technical teams ensured that the data was successfully
migrated.

The new platform offers a modern, customer focused, streamlined portal with an
integrated account top up facility and provides for a number of enhancements such as:

   • Paperless online filings – all attachments and
     signature pages can now be uploaded.
   • Twenty new forms are available to file online, including many solvency forms.
   • Online payments can now be redirected to a third party
     which is useful in the case of large fees.
   • Online signatures can be redirected for example directors can
     be emailed a line to sign and upload signature pages.
   • Filing forms and document ordering are now available through a single portal.

The commencement of the Companies (Amendment) Act 2019 introduced the single
56 day filing period for annual returns. The option to incorporate a company manually
was withdrawn on 16th of December 2020 and it is now mandatory to use the online
process for the incorporation of new companies.

8 | CRO Annual Report 2020
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Provision of information to the public
Over 313,000 documents were purchased from the CRO website in 2020 and the
website was visited 2.1m times. All statutory information provided by companies
to the CRO is available to the public for inspection on payment of a small fee where
applicable. Certain vital information, such as company name and registered office
address, may be checked free of charge on the CORE portal
https://core.cro.ie

Information Unit
There continued to be a high volume of phone calls to the CRO Information Unit
throughout 2020. The phone number for the Information Unit is 00 353 1 8045200/
Lo call 1890 220 226. Over 29,450 phone calls were answered as well as over 26,500
emails. (Email address croinfo@enterprise.gov.ie).

Customer Complaints and Requests for information
If a customer is unhappy with the service delivered by the CRO and the issue cannot
be resolved with the staff member or section dealing with the matter, a formal
complaint can be made to the CRO Information Officer. The complaint will be dealt
with in accordance with the CRO’s Complaint Procedure. If the complainant is still not
satisfied, the complainant has the right of appeal to the Office of the Ombudsman.

Twenty official complaints were received during 2020, four of which were referred to
the Office of the Ombudsman. None of the complaints referred to the Ombudsman
were upheld. In addition, the CRO dealt with 3 requests under the Freedom of
Information Act and 2 GDPR requests.

                                                                    CRO Annual Report 2020 | 9
COMPANY INCORPORATION - INFORMATION LEAFLET NO. 1 / APRIL 2019
Part 3 - The Company Lifecycle
Incorporation of a company
A company is a legal form of business organisation. It is a separate legal entity and,
therefore, is distinct from those who run it. There are two basic company types, a
private company and a public company. The majority of companies registered in
Ireland are private companies and, of those, most are small with only one or two
members.

The Companies Act 2014 generally allows one or more persons to form a private
company for any lawful purpose by subscribing to a constitution. A private company
may have a maximum of 149 members and there is no limit on the number of members
of a public company.

All company types, with the exception of the Private Company Limited by Shares (LTD),
must have one secretary and a minimum of two directors. (Single director LTDs must
have a separate secretary). Formal qualifications are not required to be a company
director. All company directors must be over 18 years of age. All company officers have
wide responsibilities in law.

In 2020, the number of new companies incorporated was 21,873. This represents a
decrease compared to 2019 volumes and was mainly due to a significant reduction in
the number of incorporations during March, April and May 2020 due to the COVID
19 pandemic. Volumes of incorporations dropped to a low of 1,067 during April and

10 | CRO Annual Report 2020
increased gradually to reach an all-time monthly record of 2,830 in November. During
2020 there was an average of 1,822 new companies registered per month, compared
to a monthly average of 1,894 in 2019. While there was a reduction in incorporations
during 2020 compared to 2019, the general trend over recent years has been a steady
increase in incorporations, predating the enactment of the Companies Act 2014 and
the decision of the United Kingdom to leave the European Union.

As a result of SI 629 of 2020, which came into effect on 16th of December 2020,
online filing is now mandatory for new company incorporations. There are two
incorporation schemes. CRO has committed to the following customer service targets
for registration of new companies under the relevant schemes:-

  • Fé Phráinn Scheme - 5 working days
  • Ordinary A1 Online Scheme - 10 working days

Despite the increase in the number of companies being incorporated, CRO continued
to meet its customer service targets during 2020 within existing resources.
                                                                       Number of New Companies

    22000

    20000

    18000

    16000

    14000

        2007   2008   2009   2010   2011   2012   2013   2014   2015    2016   2017   2018   2019    2020

 Year                               Irish Companies on the              New Companies
                                    Register
 1950                               5,898                               488
 1960                               9,491                               671
 1970                               21,756                              2,729
 1980                               61,017                              7,095
 1990                               112,104                             15,156
 2000                               134,520                             18,840
 2010                               181,642                             14,013
 2020                               251,275                             21,873

                                                                                      CRO Annual Report 2020 | 11
External Companies
There were 46 new external company registrations in 2020. The most common
country of origin for new registrations for external companies was the Cayman Islands
with 23 registrations.

Registration of company post-incorporation documentation
Changes in the situation of a company’s registered office or changes amongst a
company’s officers or in their particulars must be notified to the CRO on the relevant
statutory form. The form must
be properly completed and signed by a current officer of the company per the CRO
records in accordance with the Companies Act 2014.

As the size of the register has grown, so have the number of filings. There were 67,523
B10 forms (change in director/secretary information) filed in 2020 which increases the
accuracy of the register. There were also 16,292 B2 forms (change of registered office)
filed during 2020.

Annual Returns
Every company on the register, whether trading or not, is required to submit an Annual
Return every year.

An annual return includes details of the company’s directors and secretary, its
registered office, and details of its shareholders and share capital. It must be signed by
a director and by the company
secretary. If the secretary is also a director, he/she may not sign in both capacities.
Company financial statements are required to be annexed to a company’s annual
return in most cases. There were 194,515 annual returns received in the CRO in 2020.

Any company which is late in filing its annual return is likely to face either strike-off
proceedings or prosecution in the District Court.

Re-Registrations
Under the Companies Act 2014, it is possible to change from any company type to
another company type e.g. from limited to unlimited, from private to public or from
limited by shares to limited by guarantee or vice versa, subject to the requirements of
Part 20 of the Act.

In 2020, a total of 355 companies re-registered, down from the high of 676 in 2016.

Mortgages and Charges
8,856 charges were filed in 2020. This is a reduction on the figure of 12,406 for 2019
and is the lowest figure since 2013.
12 | CRO Annual Report 2020
Year                       C1                         C1B*                       Total Charges
  2011                       6,150                                                 6,150
  2012                       6,964                                                 6,964
  2013                       7,207                                                 7,207
  2014                       9,516                                                 9,516
  2015                       9,527                      929                        10,456
  2016                       9,409                      1,311                      10,720
  2017                       10,769                     1,180                      11,949
  2018                       11,206                     1,152                      12,358
  2019                       11,243                     1,163                      12,406
  2020                       8,100                      756                        8,856

* Form C1B was introduced as part of an alternative method to register a charge by means of Part 8 of the
   Companies Act 2014 on 1st June 2015.

Liquidations and appointment of Receivers
Up-to-date registers of liquidations, appointment of receivers and examiners were
maintained by registering all documents received within agreed business plan
timeframes. The number of liquidations decreased by 12% compared to 2019.

Types of liquidation registered:

  Year                  Members              Creditors             Court                Total
  2016                  1,112                581                   61                   1,754
  2017                  1,040                653                   67                   1,760
  2018                  1,269                484                   59                   1,812
  2019                  1,472                611                   67                   2,150
  2020                  1,397                443                   49                   1,889

Liquidators are required to submit form E3 (Account of act and dealings) and form
E4 (s681 account and affidavit). Receivers are required to submit form E9 (receivers
abstract). The numbers of return submissions by liquidators and receivers rose
considerably in 2018 and 2019 as a result of a reminder programme that was begun in
2018 but dropped back somewhat in 2020. The reminder programme was suspended
in March 2020 due to the pandemic and had not resumed by year end.

                                                                                        CRO Annual Report 2020 | 13
Year                        E4 Form (s.681         E3 Form (liquidators E9 Form (receivers
                              account and affidavit) account of acts and  abstract)
                                                     dealings)

  2016                        6,499                2,747                 5,148
  2017                        8,021                3,518                 5,113
  2018                        12,728               5,510                 7,280
  2019                        10,159               4,350                 5,950
  2020                        6,865                2,842                 3,427

There is a continuing decrease in the number of companies where receivers were
appointed over assets of the company - down from 344 in 2017, 167 in 2018, to 114 in
2019 and 84 in 2020.

Register of restricted and disqualified persons
The register of disqualified and restricted directors was also maintained, while reports
of companies in liquidation continued to issue to ODCE on a regular basis. By year
end, 3,328 persons were on the register of disqualified persons and 615 persons were
on the register of restricted persons. The disqualified and restricted registers can be
searched online at www.cro.ie. This facility is updated daily.

ICAVs
The Register of Irish Collective Asset – Management Vehicles (ICAVs) is maintained by
the Central Bank of Ireland. The CRO is required under the legislation to de-register
companies who have registered as ICAVs with the Central Bank. A certificate of
de-registration of the company is issued, the Register records the de-registration
of the company and notice of the removal of the company is published in the CRO
Gazette. In 2020, four companies were de-registered.

Enforcement, prosecution and striking companies off the register of companies
A company can be dissolved either through liquidation or strike-off. Strike-off is not
always involuntary. A company that ceases to trade and has no outstanding creditors
can request the Registrar to strike the company off the register.

In 2020 CRO continued to enforce the Companies Act 2014 against companies in
default of their annual return filing obligations by way of involuntary strike-off until
enforcement activity was suspended in March 2020 due to the pandemic. Enforcement
activity had not resumed by year end.

Involuntary Strike-Off
The number of companies involuntarily struck off the register in 2020 was 1,266 which
represented a significant decrease over the number of involuntary strike-offs in 2019

14 | CRO Annual Report 2020
(5,068). This reduction is due to the suspension of enforcement activity by the CRO in
March 2020 due to the pandemic.

Voluntary Strike-Off
Voluntary strike-off is a statutory process under the Companies Act 2014. A total of
5,479 companies were struck off voluntarily in 2020, which is a decrease of 9% over
2019. Voluntary strike off was also suspended for some time due to the pandemic and
resumed in August 2020.

Restoration to the Register
A company can be restored to the register following strike-off. Where a company has
been struck off the register for a period not exceeding 12 months, an application can
be made by the company to the Registrar for restoration. Once the 12 months has
elapsed, it is only possible to restore the company via Court Order Restoration. A
total of 232 companies were restored to the register, a 47% decrease on the number
restored in 2019.

Prosecutions for failing to file annual returns
A total of 23 cases were prosecuted by the CRO in 2020 for failure to file annual
returns, 6 of which were adjourned from 2019. A further three cases were brought
against company directors.

In cases brought before the courts, one case was convicted, and the Probation Act
was applied to 12 cases. No cases were withdrawn or struck out. Thirteen cases were
adjourned.

In the case where a conviction was secured, a fine of €1,000 was imposed.

                                                                   CRO Annual Report 2020 | 15
Part 4 - Other Entities Registered by the CRO
Business Names
The Registration of Business Names Act 1963 provides transparency in relation
to persons trading under a name other than their own. It is obligatory to register a
business name if any individual or partnership (whether composed of individuals or
bodies corporate or any combination of both) or body corporate carries on business
under a name other than their own true names. Its purpose is to make public the
identities of those individual(s), partnerships or corporate bodies being the legal entity
behind the business name. Registration of a business name does not result in the
creation of an entity with separate legal personality.

The number of new business names registered by the CRO in 2020 was 21,592 an
increase of 4% on 2019 when 20,723 were registered. 94.4% of new business name
applications were filed electronically in 2020.
                              Business Names on the New Business Names
  Year                                               Registrations
                              Register
  1950                        11,011                      718
  1960                        14,865                      802
  1970                        24,342                      1,477
  1980                        42,366                      2,583
  1990                        84,542                      5,320
  2000                        160,056                     16,354
  2010                        382,950                     28,118
  2020                        601,782                     21,592

16 | CRO Annual Report 2020
A change in any of the particulars of a registered business name (e.g. change of
business name or business address) should be notified to the Registrar within one
month of the date of the change. In 2020, 2,079 changes were registered. 2,197 forms
notifying the Registrar of cessation of business were submitted.

Make up of Register and Activity on the Register of Business Names

Changes in the            2015       2016       2017      2018       2019         2020
register
 New registrations        27,477     25,103     24,130    21,202     20,723       21,592
 Statement of changes     2,114      2,332      2,233     2,089      2,086        2,079
 in the registered
 particulars
Cessations                2,718      2,570   2,805   2,610   2,777   2,197
Total on register at      501,991    524,524 545,849 564,441 582,387 601,782
year end

Limited Partnerships
The Limited Partnership Act 1907 facilitates the creation of a partnership in which
some members have limited liability for the debts of the firm. Their liability is limited
to the extent of the amount of capital contributed by them to the partnership. As with
a general partnership, a limited partnership is not a separate legal entity. 214 Limited
Partnerships were registered in 2020, a reduction on the number registered in 2019
(305) but still an abnormally high number compared to the long-term trend.

                                                                     CRO Annual Report 2020 | 17
Part 5 - Corporate Function in the CRO
The 2020 expenditure for the CRO was €7.47m. This also includes expenditure in
relation to the operation of the Registry of Friendly Societies and the Register of
Beneficial Ownership.

                              2018          2019                 2020
  Pay                         4.6m          4.8m                 5.2m
  Non -Pay                    2.5m          2.3m                 2.3m
  Total                       7.1m          7.1m                 7.5m

Income 2020
CRO received €12.89 million in 2020, which represents a decrease of 27% on the
2019 figure of €17.6m. This reduction was due to two factors, the fall in the level of
late filing fees received and the reduction in the number of submissions filed with
the Office. The figure includes income received in respect of the Registry of Friendly
Societies and the Register of Beneficial Ownership.

There has continued to be a reduction in late filing fees paid. This was mainly due to
the filing extensions granted in response to the pandemic but is also part of a longer-
term trend towards increased compliance with filing obligations. 8,288 companies
paid late filing fees during 2020 meaning that the average late filing fee paid by each of
these companies was €450.

18 | CRO Annual Report 2020
CRO Income                2018                       2019                      2020
  Late Filing Fees          9.3m                       7.5m                      3.7m
  Submission Fees           8.5m                       8.4m                      7.37m
  Registry of               0.043m                     0.046m                    0.028m
  Friendly Societies
  Fees
  Register of               N/A                        0.008m                    0.032m
  Beneficial
  Ownership
  Miscellaneous*            1.37m                      1.646m                    1.76m
  Total                     19.2m                      17.6m                     12.89m
* Miscellaneous includes Enquiries Bulk Data Sales, Credit Notes, Customer Account balances

The CRO is committed to facilitating and implementing more payments by
electronic means, over the traditional methods of cash and cheque payments.
Since the introduction of mandatory e-filing of the annual return (Form B1) and the
accompanying financial statements in June 2017, filing fees and any late filing fees
must be paid for by credit/debit card or by customer account.

The number of cheques received in the CRO reduced from 18,495 in 2018 (value
€2.3m) down to 10,875 in 2019 (value €512k) to 7,955 (value €343k) in 2020. The
CRO continues to review alternative payment methods for customers who have
traditionally paid by cheque.

  Year                      Transactions              Transactions              Transactions
                            Cheque                    Credit Card               Customer account
  2016                      106,779                   110,673                   237,974
  2017                      66,116                    141,896                   281,736
  2018                      18,495                    165,120                   338,881
  2019                      10,875                    173,765                   351,308
  2020                      7,955                     163,933                   317,704

A Customer Account can be topped up by Credit Card or through an Electronic Funds
Transfer (EFT) provided that the Customer Account number is given as a reference on
the EFT and notification is made by email that such a transfer has occurred.

                                                                                      CRO Annual Report 2020 | 19
Overview of Energy Usage - S.I. 542 of 2009
S.I. 542 of 2009 requires public sector organisations to report annually on their energy
usage and actions taken to reduce consumption.

The CRO is located in Bloom House Gloucester Place Lower, Dublin 1 and O’Brien
Road, Carlow.

The CRO shares Bloom House along with meeting rooms, toilets and the reception
area with the Registry of Friendly Societies (RFS) and the Competition and Consumer
Protection Commission (CCPC) as well as private firms.

CRO Carlow is the minor energy user of O’Brien Road (45%) and shares the building
with the Register of Beneficial Ownership, and the Workplace Relations Commission
while also sharing canteen facilities, toilets and the reception area.

Bloom House has a Building Energy Rating of B3. BER No.: 800191413. Energy
Performance Indicator: 77.12kg CO2 /m2 /yr.

O’Brien Road Carlow has a Building Energy Rating of C2. BER No.: 800408395. Energy
Performance Indicator: 53kg CO2/m2/yr.

Actions Undertaken in 2020

   • Energy Saving related emails to staff reminding everyone
     to turn off PC monitors, printers etc. each evening.
   • Monthly ‘No-Lift Days’
   • Out of Hours energy Audits
   • Air Handling Unit operating hours monitored continuously.
   • Heating timers regularly programmed in line with
     current weather conditions (both locations).
   • Establishment of a Carlow/Bloom Green Team to identify ways the office
     can help with the fight against climate change and loss of biodiversity.

20 | CRO Annual Report 2020
Part 6 - Coming In 2021
Brexit
The Withdrawal Agreement between the EU and the UK provided for a transition
period during which the UK continued to operate under EU law. This transition period
ended on 31st December 2020.

Following the ending of the transition period, a bond is required for companies which
have only UK resident directors under Section 137 Companies Act 2014. The bond
is required from 31st December 2020. Alternatively, companies have the option of
obtaining a statement from the Revenue Commissioners under section 140 Companies
Act 2014 (form B67). Companies continue to have the option of appointing an EEA
resident director.

External companies from the UK must now file annual returns with the CRO under the
non-EEA country legislation. Section 1304 Companies Act 2014 applies in relation to
the submission of any changes in the company’s information. Section 1305 applies with
regard to the annual returns.

                                                                 CRO Annual Report 2020 | 21
Appendix 1
Detailed Statistics

Activity on the register of companies in 2020

                                     2019              2020        % +/-
  Total New Companies                22,723            21,873      -3.75%
  Incorporated
  Restorations
  By Companies within one            340               157         -54%
  year of strike off
  By the High Court or Circuit       103               75          -28%
  Court
  Companies Dissolved                13,233            6,745       -49%
  Net Change                         +9,490            +15,360

Total number of new companies incorporated in 2020:			           21,873
Total number of companies dissolved during 2020:			              6,745
Total number of companies restored to the register in 2020: 		   232

                                                   New Companies Incorporated

       2015

       2016

       2017

       2018

       2019

       2020

              0               5000         10000     15000        20000

22 | CRO Annual Report 2020
Restoration of Companies to the Register

Chapter 2 Part 12 of the Companies Act 2014 provides for the restoration of a
dissolved company to the Register of companies. A company struck off the register
may be restored to the Register by application to the:

  • High Court before twenty years have elapsed from the date of dissolution;
  • Circuit Court before twenty years have elapsed from the
    date of dissolution, where the applicant is a creditor;
  • Registrar of Companies before twelve months have elapsed from the date of
    dissolution, where the application is made by or on behalf of the company.

There were 75 Court ordered restorations and 157 administrative restorations in
2020.

 Year    Companies Restored to the Register    Companies on the Register        %
 2015    559                                   201,901                          0.27
 2016    516                                   207,677                          0.24
 2017    557                                   217,770                          0.26
 2018    579                                   225,898                          0.26
 2019    498                                   235,914                          0.19
 2020    232                                   254,202                          0.09

External Register
Companies on external register at 31 December 2020:

                            2018                2019                2020
 Branches (EEA)             1,968               2,051               2,027
 Branches (Non-EEA)         917                 914                 900
 Total on external register 2,885               2,965               2,927

                                                                 CRO Annual Report 2020 | 23
External Companies
       Branch EAA   Branch non EAA

      2015

      2016

      2017

      2018

      2019

      2020
             0                       500   1000             1500              2000

Changes of Company Name

During 2020, a total of 2,307 company changes of name were approved. This figure
includes companies which were directed to change their name under Section 30(3)
Companies Act 2014. In 2019 there were 2,126, in 2018, there were 2,214 changes in
company name and 2,422 in 2017.

Irish Collective Asset-management Vehicles

The Irish Collective Asset-management Vehicles Act 2015 allows companies to be
de-registered following conversion to an ICAV. Registration orders for ICAVs are
granted by the Central Bank. Four companies were de-registered following conversion
to ICAV status.

  2015                                     12
  2016                                     16
  2017                                     10
  2018                                     8
  2019                                     7
  2020                                     4

Societas Europaea

A Societas Europaea (SE) is a European Public Limited Company formed under EU
Regulation (Council Regulation 2157/2001) and Statutory Instrument 21 of 2007.
No Societas Europaea left the State in 2020 and 1 Societas Europaea transferred its
registered offices into the State. There were 14 Societas Europaea in the State at the
end of 2020.
24 | CRO Annual Report 2020
Investment Fund Migration

No company was registered in the State, by way of continuation, following migration in
2020. This is provided for under Part 24 Companies Act 2014.

Permission to Omit Suffix from Company Name

77 companies were granted permission to exclude the suffix from the company name
during 2020.

Cross Border Mergers

The European Union (Cross Border Mergers) Regulations 2008 implemented Directive
2005/56/EC. The Regulations allow any Irish limited liability company, with the
exception of companies limited by guarantee, to be party to a cross border merger with
an entity in another member of the EEA. Ten company acquisitions were completed
using the Cross-Border Merger legislation in 2020 while another 3 were absorbed
(deleted from register). One acquisition and 2 further absorptions were planned in
2020 but have not been completed to date. 85 companies have been merged into
Ireland and 116 companies have left the State since the legislation was enacted in
2008.

 Year                       Completed Acquisitions     Completed Absorptions
 2013                       4                          7
 2014                       6                          9
 2015                       8                          6
 2016                       6                          9
 2017                       7                          10
 2018                       8                          13
 2019                       11                         5
 2020                       10                         3

European Economic Interest Groupings

No European Economic Interest Groupings (EEIGs) were registered in the State in
2020 under the European Communities (European Economic Interest Groupings)
Regulations 1989. There are 25 EEIGs currently registered with the CRO.

                                                                  CRO Annual Report 2020 | 25
Enforcement Activities for 2020

Strike Off Process

  Companies dissolved (struck off for failure to file returns)               1,266
  Companies dissolved (voluntary strike-off)                                 5,479

Solvency

Examinerships
22 companies went into examinership in 2020. By year end, 8 had returned to normal
status, none had entered liquidation and 14 companies were in examinership. One
examiner was appointed by the Circuit Court.

                                                                 2018   2019         2020
  Application to the court for the appointment of an             38     26           27
  examiner :
  Court order appointing an examiner :                           31     24           22
  Court order appointing interim examiner :                      27     14           13
  Court order confirming scheme of arrangements :                11     4            8
  Court order amending scheme of arrangements :                  1      2            1
  Court order ceasing protection from the court :                3      1            3
  Examinerships in force at year end :                           1      3            14

Receiverships

                                        2015 2016       2017 2018       2019 2020
   Companies where receiver             2,188 2,614     2,509 2,387     2,188 1,756
   appointed over property of the
   company: year end
   Companies where receiver             327     340     344       167   146      84
   was appointed over property
   of the company during the
   year

26 | CRO Annual Report 2020
Receiverships Initiated

     300

     250

     200

     150

     100

      50

        0
                     2015          2016    2017           2018              2019               2020

Liquidations by type notified to the CRO

                                          2015    2016           2017     2018         2019           2020
 Members Voluntary                        1,034   1,112          1,040    1,269        1,472          1,397
 Creditors Voluntary                      746     581            653      484          611            443
 Court Liquidations                       70      61             67       59           67             49
 Total                                    1,850   1,754          1,760    1,812        2,150          1,889

                                                             Voluntary Liquidations initiated
     Branch EAA   Branch non EAA

     2000

     1500

     1000

      500

         0
                      2015         2016    2017           2018              2019               2020

                                                                                   CRO Annual Report 2020 | 27
Companies in liquidation

  Year                                          Number in course of liquidation
  2015                                          7,985
  2016                                          7,913
  2017                                          8,046
  2018                                          8,189
  2019                                          8,481
  2020                                          7,310

Notifications That Proper Books Were Not Kept

In accordance with the provisions of section 392 Companies Act 2014, the Registrar
received notices from auditors in respect of the following companies during 2020.

  Company Number              Company Name
  147842                      Domino Design Limited
  242806                      Waterford Area Partnership Company Limited by Guarantee
  246221                      Glendale Oil Company Limited
  250342                      AHC Limited
  434113                      L&G Commercial Limited
  567459                      GTA Security Limited
  585081                      Carragher Retail Limited

Registration of Prospectuses

Since 21st of July 2019 there has been no need to submit a prospectus document
with the CRO. Statutory Instrument 380 of 2019 – European Union (Prospectus)
Regulations 2019, which revoked S.I. 324 of 2005 requires that the prospectus be
filed with the Central Bank. Local offers defined as such by being less than €5,000,000
whether for Irish or foreign registered companies are presented to the CRO for
registration under s 1361(4) of the Companies Act 2014. There were no local offers
registered with CRO during 2020.

28 | CRO Annual Report 2020
Appendix 2
Purchase Of Own Shares

During 2020, the Registrar received notifications to purchase their own shares from
the following 589 companies:

 10110                                    SOLVAR LIMITED
 102403                                   LAVERTY DESIGN WORKSHOPS LIMITED
 102775                                   CANON HAYES COMMUNITY RECREATION
                                          CENTRE COMPANY LIMITED BY GUARANTEE

 102973                                   GROVE FURNISHINGS LIMITED
 103529                                   SCULPURED CRYSTAL (IRELAND) LIMITED
 104016                                   VULCAN MACHINING LIMITED
 108112                                   GOLDCROP HOLDINGS LIMITED
 109824                                   OBSIDIAN HCM MED INTERNATIONAL
                                          HOLDINGS UNLIMITED COMPANY
 110525                                   MONREAGH PROPERTIES LIMITED
 113112                                   PATRICK LOGAN & SONS LIMITED
 114044                                   PETER VAHEY COMMERCIALS LIMITED
 114879                                   KESTREL COMMUNICATIONS LIMITED
 115322                                   ALAY ENTERPRISES LIMITED
 11571                                    SOUTHGATE INVESTMENTS LIMITED
 117233                                   HAVEN CELBRIDGE HIRE LIMITED
 117379                                   AQUA FACT INTERNATIONAL SERVICES LIMITED
 119113                                   CASTLEKEEL LIMITED
 120153                                   LANKEL LIMITED
 12332                                    GLANBIA NUTRITIONALS (IRELAND) LIMITED
 126990                                   M. & P. O’SULLIVAN LIMITED
 128692                                   IRISH WIRE PRODUCTS LIMITED
 12965                                    CRH PUBLIC LIMITED COMPANY
 131015                                   LYNCH’S OIL PRODUCTS LIMITED
 131272                                   PHELAN PHARMACY LIMITED
 131417                                   HEGADON LIMITED

                                                                   CRO Annual Report 2020 | 29
132142                      CONSOLIDATED FIRE PREVENTION LIMITED
  132379                      DUNDALK TRINITY TRANSPORT LIMITED
  132776                      ARROW GROUP LIMITED
  133925                      MULMUF LIMITED
  135451                      T. PEARE & SONS LIMITED
  136091                      FISH DISTRIBUTORS, SOUTH EAST LIMITED
  136898                      N. L. WEST AUTO ELECTRICS LIMITED
  137391                      FRANK WHELTON LIMITED
  138329                      O’CONNOR, SUTTOM, CRONIN & ASSOCIATES
                              LIMITED
  138489                      BEAUMONT RESIDENTIAL CARE LIMITED
  145869                      BUBBLE PACK INSULATION LIMITED
  150791                      NEWBRIDGE FOODS UNLIMITED COMPANY
  152763                      FLYCO LIMITED
  157911                      MCDONALD MECHANICAL SERVICES LIMITED
  158866                      IRISH GALLERY OF PHOTOGRAPHY COMPANY
                              LIMITED BY GUARANTEE
  161808                      STANDARD ENGINEERING (CORK) LIMITED
  162921                      DONEGAL INVESTMENT GROUP PUBLIC
                              LIMITED COMPANY
  165006                      FORLORNE UNLIMITED COMPANY
  168612                      WORLD TRAVEL CENTRE LIMITED
  170472                      TULLY’S BAR LIMITED
  173476                      FOLLAIN TEORANTA
   17385                      J. H. MCLOUGHLIN AND COMPANY, LIMITED
  174061                      MONEEN HOLDINGS COMPANY LIMITED BY
                              GUARANTEE
  174664                      LALLY COACH HIRE LIMITED
  177219                      MCO PROJECTS LIMITED
  177377                      HUGH MUNRO & CO. LIMITED
  179219                      IMPRESS PRINTING WORKS LIMITED
  180497                      FEHILY TIMONEY & COMPANY LIMITED
  181210                      SENATOR ENGINEERING LIMITED
  181833                      OBSIDIAN HCM MED HOLDINGS IRELAND
                              UNLIMITED COMPANY
  188325                      CHEMCO (IRELAND) LIMITED
  192797                      NEW VISTAS HEALTHCARE LIMITED
  193873                      STAPLETON’S BAKERY (BORRISOLEIGH) LIMITED
  194580                      J&T CHEMICALS (MANUFACTURING) LIMITED
  194670                      BOYLESPORTS LIMITED
  194753                      NASA ELECTRONICS & ALARMS LIMITED
  195181                      LETVIEW LIMITED
  196002                      KELLS REGION ECONOMIC ENTERPRISE
                              COMPANY LIMITED BY GUARANTEE
  203302                      OATES BREHENY FINANCIAL SERVICES LIMITED
  208292                      EURO SAW LIMITED
  210433                      JACK CUTHBERT’S HANDMADE BREAD LIMITED
  212414                      WEAR GROUP (IRELAND) LIMITED

30 | CRO Annual Report 2020
212485   C.R.S RENT A FRIDGE LIMITED
213030   VANTA LIMITED
213127   DUGGAN LYNCH LIMITED
215292   SOUTHERN FUEL AND FARM SUPPLIES LIMITED
217756   CROTTY INSURANCE BROKERS LIMITED
21883    PATRICK CARNEY DESIGNATED ACTIVITY
         COMPANY
220837   CORAT LIMITED
225303   OPTIMED (TULLAMORE) LIMITED
22819    CARBERY FOOD INGREDIENTS LIMITED
228353   FONTHILL LODGE DAYCARE LIMITED
234128   M.J. FLOOD TECHNOLOGY LIMITED
234246   CLARE LANGUAGE CENTRE LIMITED
236392   UNDERGROUND SYSTEM AND SEWER REPAIR
         LIMITED
237825   SAN LEON ENERGY PUBLIC LIMITED COMPANY
23941    LISBEG ESTATE CO UNLIMITED COMPANY
240181   GREAT NORTHERN DISTILLERY LIMITED
24250    FIMAREX LIMITED
246185   DOLMEN DESIGN AND INNOVATION LIMITED
247301   ALLENLINE LIMITED
24738    P. BOLAND LIMITED
249465   MAYNOOTH ELECTRICAL SUPPLIES LIMITED
24970    CRANE HIRE LIMITED
249885   RYANAIR HOLDINGS PUBLIC LIMITED COMPANY
251777   VISION 2000 LIMITED
253112   TORPEY WOOD PRODUCTS LIMITED
25413    P. J.DUFFY AND SONS LIMITED
257450   AVON GROUPAGE (IRELAND) LIMITED
258801   EUROFLEX TEORANTA
260602   MURPHY SURFACE COATING LIMITED
260981   CLASSIC TECHNOLOGY LIMITED
263181   G & S FOODS LIMITED
263306   CITY OF DUBLIN ENERGY MANAGEMENT
         AGENCY COMPANY LIMITED BY GUARANTEE
269654   CAMPION INSURANCES LIMITED
272470   PERIGOR PREMEDIA LIMITED
275449   TENBIGH INVESTMENTS LIMITED
277563   OBSIDIAN HCM HOLDINGS IRELAND
         UNLIMITED COMPANY
280010   KILLARNEY TELECOMMUNICATIONS LIMITED
285998   SPARANTUS LIMITED
288855   GALA RETAIL SERVICES LIMITED
288881   JOSEPH DOYLE ARCHITECTS LIMITED
289612   COMET DESIGNS LIMITED
292626   TUBVILLE UNLIMITED COMPANY
295370   MRPA KINMAN COMMUNICATIONS LIMITED

                                 CRO Annual Report 2020 | 31
295757                      CANBE LIMITED
  298404                      INTEGRATED CONTROL SOLUTIONS LIMITED
  301179                      SALTERSTOWN FARM SERVICES LIMITED
  301421                      PREMIER WINDOWBOARD LIMITED
  302118                      O’FLYNN O’RIORDAN PROPERTIES LIMITED
  303811                      ROONEY REPAIRS LIMITED
  305242                      M.A.S.T. CONSTRUCTION LIMITED
  306730                      D.W. UTILITY SERVICES LIMITED
  308599                      HUTTONREAD UNLIMITED COMPANY
  309454                      4E – FULFILLMENT.COM
  310491                      MACRO WORKS LIMITED
  31148                       J. D. HACKETT AND COMPANY LIMITED
  313635                      CORR NA GAOITHE TEORANTA
  313712                      TOMARA GROUP LIMITED
  315904                      ANGELS FIGHT LIMITED
  315969                      DATADUCT TECHNOLOGIES
  316849                      STONEHOUSE MARKETING LIMITED
  317007                      ARRA DEVELOPMENT CO. COMPANY LIMITED
                              BY GUARANTEE
  318748                      VOICELOCK LIMITED
  319755                      MONTARA LIMITED
  320068                      KILTIMAGH COMMUNITY ENTERPRISE GROUP
                              COMPANY LIMITED BY GUARANTEE
  321747                      VISIONID LIMITED
  324191                      BROADMEADOW CASTLE MANAGEMENT
                              COMPANY COMPANY LIMITED BY GUARANTEE
  324381                      LISTENT LIMITED
  325179                      HESSCROFT LIMITED
  325202                      COLORMAN (IRELAND) LIMITED
  327011                      IRISH PAYROLL ASSOCIATION LIMITED
  329065                      KNOCKROE FABRICATIONS LIMITED
  329490                      LEAP LEADING ENTERPRISES TO ADVANCED
                              PERFORMANCE LIMITED
  329759                      ROOMEX LIMITED
  330726                      EU-ASIA MEDICAL SOURCING LIMITED
  331724                      COOLADINE FARMS LIMITED
  332520                      CARRIG WIND FARM LIMITED
  333012                      DRAPER-ERIN LIMITED
  33680                       BLACKWATER J&J LIMITED
  336956                      BREENS FARM MACHINERY LIMITED
  337403                      BRENNAN AGRI TRAILERS LIMITED
  33832                       KENNY MCCONNELL LIMITED
  340010                      HIRE 2K PLANT & TOOL COMPANY LIMITED
  342355                      AUTOROLLER (MANUFACTURING) LIMITED
  342844                      UMS MANAGEMENT SERVICES LIMITED
  342913                      C&D PHELAN HOLDINGS LIMITED
  343144                      ALLEGRO RESEARCH LIMITED

32 | CRO Annual Report 2020
343414   BOYLESPORTS HOLDINGS UNLIMITED
         COMPANY
345712   PELKO HOLDINGS LIMITED
346913   STORIT LIMITED
347152   GARRY OFFICE SUPPLIES LIMITED
347251   BRIAN HENNEBRY & ASSOCIATES LIMITED
349051   BEAM WIND LIMITED
350019   CSIQ LIMITED
351168   KILELL LIMITED
351242   ALL PLAST ENGINEERING LIMITED
353051   ASPHALT & ALLIED ROOFING (AAR) LIMITED
353462   RICRAY TRUSTS LIMITED
354250   MAPS – MANAGEMENT AND PROFESSIONAL
         SERVICES LIMITED
355958   PGB SPORTS LIMITED
357083   CB VISUAL COMMUNICATIONS SOLUTIONS
         LIMITED
357935   OFFICE IT LIMITED
358362   CONNOLLY COMMERCIALS CALARY LIMITED
358753   BEACON COMPANY SECRETARIES LIMITED
358826   GALLIVAN MURPHY INSURANCE BROKERS
         LIMITED
360244   CONTRACTING PLUS CONSULTANTS LIMITED
361432   JOHN PAUL CONSTRUCTION LIMITED
362039   PRUNELL LIMITED
363255   M2I HOLDINGS LIMITED
365923   BASIL CONROY & COMPANY LIMITED
367245   NATURE’S BEST HOLDINGS LIMITED
367949   BIFTA LIMITED
368202   OBI WEALTH MANAGEMENT LIMITED
368284   ADVANCED MANUFACTURING CONTROL
         SYSTEMS LIMITED
368548   TECHRETE GROUP LIMITED
369713   MILLENIUM CONSTRUCTION AND BUILDING
         SERVICES LIMITED
370192   E. DILLANE ELECTRICAL SERVICES LIMITED
370725   COMERAGH CONTROLS LIMITED
371734   FOYLE WARRIOR LIMITED
371749   BALLYMOUNT CORPORATE PARK LIMITED
373955   AC SEARCH & MEDIA TECHNOLOGIES LIMITED
37426    CLARISSAN MISSIONARY SISTERS COMPANY
         LIMITED BY GUARANTEE
374572   LYNCH’S COTTONBALL LIMITED
374628   VENTASKER LIMITED
374800   ALBA LIQUORS LIMITED
376424   MSDIG HOLDINGS UNLIMITED COMPANY
377034   Z STATIONS LIMITED
377073   PETRIVA LIMITED

                                 CRO Annual Report 2020 | 33
37717                       D. M. BOOKS & COMPANY LIMITED
  382018                      SKIBBEREEN RESIDENTIAL CARE LIMITED
  382261                      ANYTHING OFFICE LIMITED
  383466                      C & C GROUP PUBLIC LIMITED COMPANY
  383734                      CAPERNAUM LIMITED
  387016                      JEFFRIES BAY LIMITED
  387308                      TRALEE DYNAMOS F.C./ST. BRENDAN’S PARK F.C.
                              COMPANY LIMITED BY GUARANTEE
  387329                      OYSTERCATCHER LIMITED
  387896                      JHK MILLINERY LIMITED
  388607                      DALFORM LIMITED
  389214                      GABHALTAS CATHAIR DOIRE TEORANTA
  39058                       KPMG SERVICES UNLIMITED COMPANY
  390761                      KC II LIMITED
  391134                      NEYLONS FACILITY MANAGEMENT LIMITED
  393306                      AUTO RECORDS LIMITED
  393899                      MERCURIAN LIFE FINANCE TWO LIMITED
  395161                      BVP INVESTMENTS LIMITED
  398191                      DHD CONSTRUCTION LIMITED
  399192                      JAZZ PHARMACEUTICALS PUBLIC LIMITED
                              COMPANY
  399405                      BLUEACRE TECHNOLOGY LIMITED
  400703                      ALLNONE LIMITED
  400767                      ASAVIE R&D LIMITED
  402977                      DMC WEIGHBRIDGE SYSTEMS LIMITED
  404409                      EIQA LIMITED
  405614                      CALLIGO (IRELAND) LIMITED
  406111                      F.S. INVESTMENTS LIMITED
  406514                      PINNACLE AUTOMOTIVE SERVICES LIMITED
  406699                      LIGHTWAVE OPTICS LIMITED
  406845                      ALTIFY IRELAND LIMITED
  408005                      REDDAN, O’BRIEN, HENRY LIMITED
  408091                      TECHSURE LIMITED
  408518                      DES KELLY INTERIORS LIMITED
  408817                      CAVAN AUTOPARC LIMITED
  409757                      FINANCE ONE LIMITED
  411749                      MORRISTOWN LATTIN BLOODSTOCK LIMITED
  413306                      CLONEE HOLDINGS LIMITED
  414905                      MAIRCON LIMITED
  415374                      CUBIC TELECOM LIMITED
  416179                      CREATIVE FLAVOURS IRELAND LIMITED
  417373                      ARNAUDPATRICE LIMITED
  417819                      DENNEHY COMMERCIALS LIMITED
  426028                      DHKN LIMITED
  426846                      HERB STREET RESTAURANT LIMITED
  427687                      TOTAL PRODUCE PUBLIC LIMITED COMPANY
  428885                      IMAGE ICT SOLUTIONS LIMITED

34 | CRO Annual Report 2020
429287   CAMBUS TEORANTA
430371   GREENAER MOBILITY LIMITED
430852   EML ARCHITECTS LIMITED
430987   KILLROSS PROPERTIES LIMITED
433045   FOCUS SCIENTIFIC SOLUTIONS LIMITED
435129   GKM CONSTRUCTION LIMITED
436960   CHURCHILL STONE LIMITED
442260   SONRU LIMITED
442313   ARTHUR GIBNEY & CO. (ARCHITECTURE)
         LIMITED
443138   ENDECO TECHNOLOGIES LIMITED
444724   KERASOUN LIMITED
445011   VENTURE FINISHING LIMITED
446897   DIGITAL OUTPUTS LIMITED
448399   BRIDGEWAY ENGINEERING LIMITED
451005   XENTRA HOLDINGS LIMITED
451198   VISION PRIVATE EQUITY LIMITED
451253   CHEETAH ELECTRONICS LIMITED
454031   ORCAN LIMITED
454454   CATAPA UNLIMITED COMPANY
454673   KENNCO UNDERWRITING LIMITED
454900   TITAN TECHNOLOGY SOLUTIONS LIMITED
456729   EPONA BIOTECH LIMITED
458251   ENROS WIND FARM LIMITED
458933   AATAZAR UNLIMITED COMPANY
461896   PW INNOVATION UNLIMITED COMPANY
463726   REALT NA MARA INVESTMENTS UNLIMITED
         COMPANY
464644   HECOR TRUSTS LIMITED
465709   OM TRANSACTION SERVICES LIMITED
465766   MULLALLY REPAIRS LIMITED
465767   MULLALLY HAULAGE LIMITED
467214   TOTAL EXPO LIMITED
467497   NANODIAMOND PRODUCTS DESIGNATED
         ACTIVITY COMPANY
468606   LR MOTORS LIMITED
468948   KILKIERAN LIMITED
469076   EDWARD FEEHELY (DECORATORS) LIMITED
469095   YOUBLOOM PUBLIC LIMITED COMPANY
469272   TRANE TECHNOLOGIES PUBLIC LIMITED
         COMPANY
469391   CURRENCYFAIR LIMITED
469470   AUTO ASSURE LIMITED
469561   KOOL 4 LOGISTICS LIMITED
470122   EAST COAST FACILITY SUPPORT LIMITED
473062   SWING MANAGEMENT COMPANY LIMITED BY
         GUARANTEE

                                  CRO Annual Report 2020 | 35
473846                      FRESH ‘N’ FRUITY LIMITED
  475667                      AZTEC ENTERTAINMENT LIMITED
  476178                      BETAPOND LIMITED
  476393                      GREEN STRAND HOLDINGS LIMITED
  476566                      CIRCULATOR LIMITED
  476928                      CAST FIREPLACE AND TILE COMPANY (PATENTS)
                              LIMITED
  477078                      RG RECYCLE HOLDINGS LIMITED
  477651                      DAVID WALSH PRECISION LIMITED
  480010                      SEAGATE TECHNOLOGY PUBLIC LIMITED
                              COMPANY
  481148                      SHEM DROWNE LIMITED
  481221                      CAVROS CONSTRUCTION LIMITED
  482134                      PIVOTAL INTERNATIONAL CONSULTANTS
                              LIMITED
  482643                      JUNIPER INVESTMENTS LIMITED
  482686                      TROJAN IT BUSINESS SOLUTIONS LIMITED
  483009                      CUBEMATCH (IRELAND) LIMITED
  484612                      TIGH CHÓILÍ GALWAY LIMITED
  484657                      SOLAR 21 RENEWABLE ENERGY IRELAND
                              LIMITED
  484757                      TRANSITIONAL EXCHANGES LIMITED
  485380                      FOCUS CORPORATED FINANCE LIMITED
  485444                      CONTRACTING PLUS MEDICAL SERVICES
                              LIMITED
  486196                      SMART CHOICE FINANCIAL BROKERS LIMITED
  486349                      ASKA SYKES HOLDINGS UNLIMITED COMPANY
  486414                      TREEHOUSE REPUBLIC LIMITED
  487800                      NICANOR LIMITED
  488073                      BETA CAM SERVICE LIMITED
  488715                      PROFITERO LIMITED
  491195                      QUATERNION RISK MANAGEMENT LIMITED
  49179                       DUGGAN SUPERMARKETS LIMITED
  491942                      GLENCALAN ENGINEERING LIMITED
  493240                      NAVY BLUE LIMITED
  494177                      DIRECT ELECTRICAL ENGINEERING & BUILDING
                              SERVICES LIMITED
  494678                      JAG CLEANING SERVICES LIMITED
  496320                      CORK ENGLISH COLLEGE LIMITED
  497123                      NATIONAL INSULATION ASSOCIATION OF
                              IRELAND COMPANY LIMITED BY GUARANTEE
  497154                      PROPAK HEALTH LIMITED
  497594                      TARA PIG FARMS LIMITED
  497631                      DCP PHARMACY LIMITED
  499398                      CHURCHFIELD HOME SERVICES LIMITED
  499949                      PHARMASAVE HOLDINGS LIMITED
  500603                      CASTLETOWN PRESS GROUP LIMITED
  501410                      SUPERFORD LIMITED

36 | CRO Annual Report 2020
504639   ALMAGRO INVESTMENTS UNLIMITED
         COMPANY
505053   CAVEATOR LIMITED
505303   KP & ASSOCIATES CONSULTING ENGINEERS
         LIMITED
505309   MULLINARY ENVIRONMENTAL SERVICES
         LIMITED
506010   ANSELL RYAN YOUNG TULLOW LIMITED
506121   REGENT ISLAND PROPERTIES LIMITED
506767   LMC CONSULTING ENGINEERS LIMITED
508063   MASON HAYES & CURRAN PROFESSIONAL
         SERVICES LIMITED
598256   B S P CATERING LIMITED
508460   I -ELECTRON REPAIRS UNLIMITED COMPANY
508745   RETROFIT ENERGY IRELAND LIMITED
508787   SAMDOR HEALTHCARE SERVICES LIMITED
508900   MALONE ENGINEERING GROUP LIMITED
510025   KAMCON INVESTMENTS LIMITED
510760   DIGIT GAME STUDIOS LIMITED
511725   FIRE AND CLIMATE SOLUTIONS LIMITED
512215   ANAM TECHNOLGIES LIMITED
512606   NEW MEASURED POWER LIMITED
512626   KV AVIATION GROUP DESIGNATED ACTIVITY
         COMPANY
513008   CAMPUS RETAIL MANAGEMENT LIMITED
513638   UTS HOLDINGS UNLIMITED COMPANY
513643   FENERGO GROUP LIMITED
514234   MERVOSH LIMITED
514710   UHY PERSONAL AND CORPORATE INSOLVENCY
         SOLUTIONS LIMITED
51474    FINBARR GALVIN LIMITED
514752   JADE IRELAND SEAFOOD LIMITED
516580   PUBLY LIMITED
517350   P.J. RIGNEY DISTILLERY AND INTERNATIONAL
         BRANDS LIMITED
518031   PATRONA UNDERWRITING LIMITED
518073   TOGHER HOLSTEIN FARM LIMITED
518143   KINNEGAR BREWING LIMITED
518670   CARBERY INVESTMENTS (BANDON) LIMITED
518671   CARBERY INVESETMENTS (BARRYROE) LIMITED
518672   CARBERY INVESTMENTS (LISAVAIRD) LIMITED
519314   O’GORMAN BRANNIGAN PURTILL & CO
         UNLIMITED COMPANY
52056    WALLACE TRAVEL GROUP LIMITED
521701   ABBEY ÁLAINN LIMITED
522166   WORLD LOGISTICS COUNCIL LIMITED
522198   WAYSTONE HOLDINGS (IE) LIMITED
522227   MALLINCKRODT PUBLIC LIMITED COMPANY

                                  CRO Annual Report 2020 | 37
522590                      DLT DILLON KELLY CREGAN LIMITED
  523240                      ROOMYIELD HOSPITALITY LIMITED
  523857                      OBFA ARCHITECTS LIMITED
  524310                      MICHAEL KORS (IRELAND) LIMITED
  525050                      INCHCAPE FINANCE (IRELAND) UNLIMITED
                              COMPANY
  525481                      CHANNELSIGHT LIMITED
  525621                      GROGAN & BROWN ARTISAN BUTCHERS
                              LIMITED
  525939                      STORMINGTON INVESTMENTS UNLIMITED
                              COMPANY
  525946                      TFS MEDIA AGENCY LIMITED
  527343                      WEXFORD INSURANCES GROUP LIMITED
       527370                 ALLEGION PUBLIC LIMITED COMPANY
  527418                      VALLEY FORGE IRELAND LIMITED
  527562                      ABAIRTÍN TEORANTA
  528487                      AGRICULTURAL MAGNETICS LIMITED
  528536                      USA SUMMERCAMP TRAVEL LIMITED
  530039                      LIMERICK CITY BUILD (REGEN) COMPANY
                              LIMITED BY GUARANTEE
  530611                      BLOOMFORD LIMITED
  530920                      CARRICKALLEN WIND LIMITED
  531058                      CIRCLE INTERNET FINANCIAL LIMITED
  531267                      HIBERNIA REIT PUBLIC LIMITED COMPANY
  531416                      TBB FITNESS LIMITED
  533164                      CARBERY INVESTMENTS (DRINAGH) LIMITED
  534668                      SHIRE PHARMACEUTICALS INTERNATIONAL
                              UNLIMITED COMPANY
  535014                      FOUNDRY INNOVATION & RESEARCH 1, LIMITED
  535200                      WALL STREET LIMITED
  535267                      HPS INVESTMENTS LIMITED
  536074                      BATOKA ENERGY HOLDINGS (IRELAND) LIMITED
  537077                      PLATFORM CAPITAL HOLDINGS LIMITED
  538169                      HARBOURDEV LIMITED
  538338                      SHERLOCK RECRUITMENT LIMITED
  538833                      SEABOUND ENGINEERING LIMITED
  539491                      BIA NUA CONSULTING LIMITED
  539511                      FM TOTAL FACILITY SERVICES LIMITED
  542744                      HORIZON PROCESS EQUIPMENT LIMITED
  544427                      DIAGEO IRELAND FINANCE 3 UNLIMITED
                              COMPANY
  544611                      BRENTMONT LIMITED
  545054                      DUBLIN BOULDERING GYM LIMITED
  545333                      MEDTRONIC PUBLIC LIMITED COMPANY
  545723                      AALTO BIO HOLDING LIMITED
  545843                      OILEUS HOLDINGS LIMITED
  545891                      CAHIRDOWNEY FARM LIMITED
  546442                      DEPOSIFY LIMITED

38 | CRO Annual Report 2020
547320   GREAT PLACE TO WORK (IRELAND) LIMITED
548099   OWENS & MINOR IRELAND UNLIMITED
         COMPANY
548273   MAINLINE POWER LIMITED
548512   LOMA CONSTRUCTION LIMITED
549567   KILROY TYRE DEPOT LIMITED
549582   ASPECT DEVELOPMENTS (ADC) LIMITED
549739   OBRU PLASTICS LIMITED
549840   HEALTHHERO ONLINE HEALTHCARE LIMITED
550009   BALLINOE VENTURES LIMITED
552564   CAIRN HOMES PUBLIC LIMITED COMPANY
554824   ENDEAVOUR TECHNOLOGY LIMITED
555137   PJL AGRICULTURAL & INDUSTRIAL PARTS
         SUPPLIERS LIMITED
558243   VOLCANO PIZZA LIMITED
558593   MARCON REAL ESTATE SERVICES LIMITED
558773   CARRICK THERAPEUTICS LIMITED
558852   WALLS CONSTRUCTION HOLDINGS LIMITED
559264   INSIGHT ACQUISITION HOLDINGS LIMITED
560450   GOVERNANCE ADVISORY SERVICES IRELAND
         LIMITED
561256   BEYOND ACCOUNTING LIMITED
561708   BROWERSTACK LIMITED
561860   APERTURE RECRUITMENT PARTNERS LIMITED
564074   POSITIVE IDEAS LIMITED
564121   ECO2ZONE INTEGRATED SERVICES LIMITED
570013   POWERMILL LIMITED
571563   PV GENERATION LIMITED
573381   TOMEG LIMITED
573656   CORE BIDCO LIMITED
573821   FITZBIZ INVESTMENTS LIMITED
574688   SCOOBYBOX LIMITED
574737   ACR HEALTHCARE LIMITED
575233   TAKEDA BIOLOGICS LIMITED
575246   UNIFY ORDERING LIMITED
575493   KELDRUM LIMITED
576490   MBO PARTNERS LIMITED
576840   TURACO LIMITED
578945   HURLEY DESIGN PRINT & WEB LIMITED
57933    DANIEL HARRINGTON & SON LIMITED
579419   IRISH RAILWAY MODELS LIMITED
581830   OHG SUPPLY CHAIN MANAGEMENT LIMITED
582634   IBM GF INTERNATIONAL TREASURY COMPANY
         DESIGNATED ACTIVITY COMPANY
583493   ERBIUM LIMITED
587272   EXOS TECHNOLOGY FINANCIAL PARTNERS
         LIMITED

                                  CRO Annual Report 2020 | 39
588960                      KASTUS HOLDINGS DESIGNATED ACTIVITY
                              COMPANY
  589039                      COGS & MARVEL HOLDINGS DESIGNATED
                              ACTIVITY COMPANY
  589159                      STAPLES OWLEY LIMITED
  589986                      SANDYFORD HOUSE REDEVELOPMENT LIMITED
  590097                      TRAVELWIN GROUP DESIGNATED ACTIVITY
                              COMPANY
  594226                      PRETIQUE LIMITED
  594345                      SEA CHANGE CORPORATE LIMITED
  594350                      DXC IRELAND NO. 2 DESIGNATED ACTIVITY
                              COMPANY
  595518                      GPO TV PRODUCTIONS LIMITED
  596405                      IMPERIC MEDIA LIMITED
  597242                      FUSION PHARMACEUTICALS (IRELAND)
                              UNLIMITED COMPANY
  597315                      STANELHUME LIMITED
  597469                      CLB PUBLICANS LIMITED
  500564                      CLONDEV SC LIMITED
  600111                      AMPELFRAU UNLIMITED COMPANY
  602527                      LINDE PUBLIC LIMITED COMPANY
  603219                      SCHIVO MEDICAL LIMITED
  603890                      WORKVIVO LIMITED
  605257                      NVENT ELECTRIC PUBLIC LIMITED COMPANY
  605440                      COMMAND CONTROL SWITCHES LIMITED
  605707                      KAIZEN DESIGN AND DEVELOPMENT LIMITED
  606504                      ZF IRELAND AIRCRAFT 44 LIMITED
  607944                      OSMOTICAL PHARMACEUTICALS PUBLIC
                              LIMITED COMPANY
  608084                      ALIRALPH LIMITED
  610917                      CARPERKNOLL INVESTMENTS LIMITED
  611241                      BEAUPARC UTILITIES HOLDINGS LIMITED
  611261                      SRETAW 2 LIMITED
  612540                      OAK FIRE PIZZA LIMITED
  613704                      WINGS AVIATION 8061 LIMITED
  614570                      NEPHIN ENERGY LIMITED
  615303                      ALL WAVES HOLDINGS LIMITED
  616353                      WESTON POINT LIMITED
  618206                      BLUE LEAF RESTAURANT LIMITED
  620714                      NATIONAL COMPUTER AND VIDEOGAME
                              MUSEUM COMPANY LIMITED BY GUARANTEE
  622743                      MYMONEYJAR LIMITED
  623137                      STAR ERRIGAL BIDCO DESIGNATED ACTIVITY
                              COMPANY
  623222                      HEBRON VENTURES LIMITED
  623506                      WINGS AVIATION 37961 LIMITED
  623677                      TEA BRANDS LIMITED
  624189                      WEST CORK LADS LIMITED

40 | CRO Annual Report 2020
625184   CLIENT SOLVERS (HOLDING) LIMITED
627167   PERRYVALE LIMITED
627847   SHOREVALE INVESTMENTS LIMITED
630679   ZF IRELAND AIRCRAFT 79 LIMITED
631750   WINGS AVIATION 62696 LIMITED
632384   WINGS AVIATION 7771 LIMITED
632385   WINGS AVIATION 7796 LIMITED
632416   4D SIGHT IMMERSIVE TECHNOLOGIES LIMITED
632682   KICKIN GRASS LIMITED
632732   GRANDPAL TECHNOLOGY LIMITED
633600   ZF IRELAND AIRCRAFT 84 LIMITED
634384   WINGS AVIATION 4532 LIMITED
634410   TWILIGHT PRS ECLIPSE 11O DESIGNATED
         ACTIVITY COMPANY
636137   HAVEN SUNRISE HOLDINGS LIMITED
637325   WINGS AVIATION 6878 LIMITED
637935   EQUAL 1 LABORATORIES IRELAND LIMITED
638168   WINGS AVIATION 5779 LIMITED
638501   CASHEL COMPLIANCE TOPCO LIMITED
63936    INDUSTRIAL AND DOMESTIC FURNITURE
         (TULLAMORE) LIMITED
639435   STONECREST AVIATION DESIGNATED ACTIVITY
         COMPANY
640101   LATHARNA IRELAND FINANCE NO. 2 UNLIMITED
         COMPANY
640196   PEPPER STREET BEAUTY LIMITED
64108    MARTSWORTH (ASHFORD) LIMITED
64121    HOOPER DOLAN INSURANCES LIMITED
642156   F & M DUNPHY LIMITED
645056   LUNAR AIRCRAFT TRADING COMPANY LIMITED
645056   EXPERIENCE TECHNOLOGY NOMINEES LIMITED
646959   MICRON AGRITECH LIMITED
647263   BOUNCE MARKETING LIMITED
648467   KENNCO UNDERWRITING SERVICES LIMITED
651299   GREENSPARK ANALYTICS LIMITED
651517   CHIPRIGHT HOLDINGS LIMITED
652591   LUNAR AIRCRAFT TRADING COMPANY 2
         LIMITED
652608   LUNAR AIRCRAFT TRADING COMPANY 3
         LIMITED
652764   PITCHWAY LIMITED
652797   KOBOL LIMITED
653620   WINGS AVIATION 7985 LIMITED
654082   IMPERIAL STRUCTURES LIMITED
655217   GLANBIA NUTRITIONALS LIMITED
655218   GLANBIA PERFORMANCE NUTRITION LIMITED
655607   ANCORA IMPARA LIMITED

                                 CRO Annual Report 2020 | 41
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