Accredited official statistics
Individual insolvencies, October 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
- In October 2025, 10,552 individuals entered insolvency in England and Wales. This was 4% lower than in September 2025 and 14% higher than in October 2024.
- The individual insolvencies consisted of 599 bankruptcies, 3,846 debt relief orders (DROs) and 6,107 individual voluntary arrangements (IVAs). DRO numbers in October 2025 were lower than the record high seen in August 2025, but remained at the historically high levels seen over the past 18 months. The number of IVAs registered in October 2025 was higher than the average monthly number seen in the first half of 2025. Bankruptcy numbers remained at about half of pre-2020 levels and were similar to October 2024.
- In the 12 months ending 31 October 2025, one in 403 adults in England and Wales entered insolvency (at a rate of 24.8 per 10,000 adults). This is higher than the rate of 23.4 per 10,000 adults (one in 427) who entered insolvency in the 12 months ending 31 October 2024.
- There were 7,701 Breathing Space registrations in October 2025. This is similar to October 2024.
Updates to this page
Published 18 November 2025