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Insolvency Statistics, July to September 2015

Statistics on new corporate and individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland.

From:
皇冠体育app Insolvency Service
Published
29 October 2015
Last updated
13 January 2020 鈥� See all updates

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Details

This statistics release contains the latest data on company insolvency (companies which are unable to pay debts and enter liquidation, or enter administration or other company rescue process) and individual insolvency (people who are unable to pay debts and enter formal procedures).

Statistics are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy.

Main messages

Companies

  • 皇冠体育app number of company insolvencies in England and Wales continued to decrease.
  • This decrease was mainly driven by a decrease in compulsory liquidations, which fell to the lowest level since Q3 1989.

People

  • 皇冠体育app total number of people who became insolvent in England and Wales decreased compared with the same quarter in 2014, but increased compared with the previous quarter.
  • This quarterly increase was driven by a rise in individual voluntary arrangements, the first such increase since Q2 2014.
  • 皇冠体育app number of bankruptcies and debt relief orders continued to decline.

Updates to this page

Published 29 October 2015
Last updated 13 January 2020 show all updates

  1. Minor punctuation change to title for consistency

  2. First published.

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