Company Insolvency Statistics: July to September 2021
Statistics on new company insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland
- After seasonal adjustment, the number of company insolvencies was 17% higher than in Q2 2021 and 43% higher than in Q3 2020. This was driven by an increase in CVLs to the highest quarterly level since Q2 2009, while numbers for all other company insolvency procedures were similar to the previous quarter and lower than in the same quarter of the previous year.
- One in 341 active companies (at a rate of 29.3 per 10,000 active companies) entered liquidation between 1 October 2020 and 30 September 2021. This was a decrease from the 32.4 per 10,000 active companies that entered liquidation in the 12 months ending 30 September 2020.
- During Q3 2021, there were 3,765 (seasonally adjusted) registered company insolvencies, as shown in Figure 1, comprising 3,471 creditors’ voluntary liquidations (CVLs), 105 compulsory liquidations, 169 administrations, and 20 company voluntary arrangements (CVAs). There were no receivership appointments.
Published 29 October 2021