Individual insolvencies, April 2025
Monthly tables and commentary on the numbers and rates of individual insolvencies, including bankruptcies, debt relief orders and individual voluntary arrangements in England and Wales and Northern Ireland, and quarterly information for Scotland. For England and Wales, Breathing Space scheme statistics are also included.
Documents
Details
Main messages for England and Wales
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In April 2025, 10,012 individuals entered insolvency in England and Wales. This was 8% higher than in March 2025 and 4% higher than in April 2024.
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The individual insolvencies consisted of 589 bankruptcies, 3,837 debt relief orders (DROs) and 5,586 individual voluntary arrangements (IVAs). DRO numbers in April 2025 remained similar to the record high levels seen over the past 12 months. The number of IVAs registered in April 2025 was similar to the average monthly number seen in 2024. Bankruptcy numbers remained at about half of pre-2020 levels and were also 11% lower than in April 2024.
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In the 12 months ending 30 April 2025, one in 417 adults in England and Wales entered insolvency (at a rate of 24.0 per 10,000 adults). This is higher than the rate of 21.6 per 10,000 adults (one in 463) who entered insolvency in the 12 months ending 30 April 2024.
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There were 7,273 Breathing Space registrations in April 2025. This is 5% lower than in April 2024.