Accredited official statistics

Company Insolvency Statistics: January to March 2021

Statistics on new company insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland

From:
The Insolvency Service
Published
30 April 2021

Documents

Commentary - Company Insolvency Statistics January to March 2021

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Summary - Company Insolvency Statistics January to March 2021

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Methodology and Quality Document - Company Insolvency Statistics January to March 2021

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MS Excel Spreadsheet, 1000 KB

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Pre-Release Access List - Company Insolvency Statistics January to March 2021

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Details

  • One in 396 active companies (at a rate of 25.3 per 10,000 active companies) entered liquidation between 1st April 2020 and 31st March 2021. This is a decrease from the 40.5 per 10,000 active companies that entered liquidation in the 12 months ending 31st March 2020.
  • During Q1 2021, there were 2,384 (seasonally adjusted) registered company insolvencies, comprising 2,047 creditors鈥� voluntary liquidations (CVLs), 108 compulsory liquidations, 192 administrations and 37 company voluntary arrangements (CVAs). There were no receivership appointments.
  • After seasonal adjustment, the number of company insolvencies was 22% lower than in Q4 2020 and 38% lower than in Q1 2020. This was driven by a drop in all company insolvency procedures.

Updates to this page

Published 30 April 2021

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