Company insolvencies, October 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.
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The number of registered company insolvencies in England and Wales was 2,029 in October 2025, 2% higher than in September 2025 (1,995) and 17% higher than the same month in the previous year (1,739 in October 2024). Monthly company insolvency numbers so far in 2025 have been slightly higher than in 2024, but slightly lower than in 2023, which saw a 30-year high annual number of insolvencies.
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Company insolvencies in October 2025 consisted of 301 compulsory liquidations, 1,592 creditors’ voluntary liquidations (CVLs), 119 administrations and 17 company voluntary arrangements (CVAs). There were no receivership appointments. The number of compulsory liquidations was 8% higher than September 2025 and was higher than both October 2024 and the 2024 monthly average. The number of CVLs in October 2025 was similar to both September 2025 and the 2024 monthly average. Administrations were lower than in September 2025, while CVAs remained the same.
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One in 187 companies on the Companies House effective register (at a rate of 53.4 per 10,000 companies) entered insolvency between 1 November 2024 and 31 October 2025. This was a decrease from the 53.9 per 10,000 companies that entered insolvency in the 12 months ending 31 October 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.
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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.