National statistics

Individual Insolvency Statistics: January to March 2022

Statistics on new individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland

• From: The Insolvency Service
• Published: 28 April 2022

Documents

Commentary - Individual Insolvency Statistics January to March 2022

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Infographic - Individual Insolvency Statistics January to March 2022

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Methodology and Quality Document - Individual Insolvency Statistics January to March 2022

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Data Tables in Excel (xlsx) Format - Individual Insolvency Statistics January to March 2022

MS Excel Spreadsheet, 169 KB

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Data Tables in Open Document Spreadsheet (ods) Format - Individual Insolvency Statistics January to March 2022

ODS, 169 KB

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Metadata for Long-Run Series in CSV Format - Individual Insolvency Statistics January to March 2022

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Long-Run Series in CSV Format - Individual Insolvency Statistics January to March 2022

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Trader Bankruptcies by Industry in Excel (xlsx) Format - Individual Insolvency Statistics January to March 2022

MS Excel Spreadsheet, 332 KB

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Trader Bankruptcies by Industry in Open Document Spreadsheet (ods) Format - Individual Insolvency Statistics January to March 2022

ODS, 213 KB

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Pre-Release Access List - Individual Insolvency Statistics January to March 2022

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Details

• After seasonal adjustment, the number of individual insolvencies in January to March (Q1) 2022 was 17% higher than in Q4 2021. Individual Voluntary Arrangement (IVA) and Debt Relief Order (DRO) numbers were higher, while bankruptcies were lower. Total individual insolvencies were 14% higher than in Q1 2021.
• One in 416 adults (at a rate of 24.1 per 10,000 adults) entered insolvency between 1 April 2021 and 31 March 2022. This is an increase from the 23.5 per 10,000 adults who entered insolvency in the 12 months ending 31 March 2021.
• During Q1 2022, there were 32,305 (seasonally adjusted) individual insolvencies, comprised of 23,997 IVAs, 6,629 DROs and 1,679 bankruptcies.
• Between the launch of the Breathing Space scheme on 4 May 2021, and 31 March 2022, there were 58,463 registrations, comprised of 57,555 Standard breathing space registrations and 908 Mental Health breathing space registrations.

Published 28 April 2022