Accredited official statistics
Company insolvencies, March 2025
Monthly tables and commentary on the numbers, rates and sectors of companies that have entered formal insolvency procedures in England and Wales, Scotland and Northern Ireland.
Documents
MS Excel Spreadsheet, 306 KB
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.
ODS, 225 KB
This file is in an OpenDocument format
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.
MS Excel Spreadsheet, 1.44 MB
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.
ODS, 1010 KB
This file is in an OpenDocument format
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.
CSV, 5.36 KB
View online
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.
CSV, 85.5 KB
View online
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.
ZIP, 3.68 MB
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
Main messages for England and Wales
-
The number of registered company insolvencies in England and Wales
was 1,992 in March 2025, 2% lower than in February 2025 (2,032) but
9% higher than the same month in the previous year (1,826 in March
2024). Company insolvencies over the past 12 months have been
slightly lower than in 2023, which saw a 30-year high annual number,
but have remained high relative to historical levels.
-
Company insolvencies in March 2025 consisted of 295 compulsory
liquidations, 1,543 creditors’ voluntary liquidations (CVLs), 137
administrations and 17 company voluntary arrangements (CVAs). There
were no receivership appointments. The number of compulsory
liquidations was 24% lower than the 10-year high seen in February
2025, but remained higher than both March 2024 and the 2024 monthly
average. The number of CVLs in March 2025 was similar to both
February 2025 and the 2024 monthly average. Administrations and CVAs
were higher than in February 2025.
-
One in 188 companies on the Companies House effective register (at a
rate of 53.1 per 10,000 companies) entered insolvency between 1
April 2024 and 31 March 2025. This was a decrease from the 55.8 per
10,000 companies that entered insolvency in the 12 months ending 31
March 2024. Insolvency rates are calculated on a 12-month rolling
basis as a proportion of the total number of companies on the
effective register. The 12-month rolling rates show longer term
trends and reduce the volatility associated with estimates based on
single months.
-
While the insolvency rate has increased since the lows seen in 2020
and 2021, it remains much lower than the peak of 113.1 per 10,000
companies seen during the 2008-09 recession. This is because the
number of companies on the effective register has more than doubled
over this period.
Updates to this page
Published 25 April 2025
