Corporate report

Members' Voluntary Liquidations: A Statistical Review of MVL Practice and Outcomes

Empirical analysis of Members’ Voluntary Liquidations in England and Wales, examining efficiency, effectiveness and case outcomes using a representative sample of cases from 2016 to 2024.

• From: The Insolvency Service
• Published: 18 June 2026

Applies to England and Wales

Documents

Members' Voluntary Liquidations: A Statistical Review of MVL Practice and Outcomes Research Report March 2026

HTML

Members' Voluntary Liquidations: A Statistical Review of MVL Practice and Outcomes

PDF, 1.61 MB, 36 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email publications@insolvency.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

‘The Insolvency Service commissioned ZK Analytics Limited through fair and open procurement to undertake the research for two primary purposes: first, to better understand the potential impact of the High Court ruling in Noal SCSp & Ors v Novalpina Capital LLP & Ors [2025] EWHC 1392 (Ch), which addressed the interpretation of the 12-month payment period in the Declaration of Solvency; and second, to explore and understand the members’ voluntary liquidation landscape more generally, with particular focus on metrics around efficiency, effectiveness and open cases.

The analysis is based on a robust stratified random sample of 2,309 members’ voluntary liquidations cases commenced between 2016 and 2024

Published 18 June 2026