National Statistics

Insolvency Statistics: April to June 2018

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

Documents

Insolvency Statistics April to June 2018 release

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Insolvency Statistics April to June 2018 tables

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Insolvency Statistics April to June 2018 industry breakdown

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Insolvency Statistics April to June 2018 company insolvency infographic

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Insolvency Statistics April to June 2018 individual insolvency infographic

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Insolvency Statistics April to June 2018 data (CSV format)

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Insolvency Statistics April to June 2018 pre-release access list

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Details

This statistics release contains the latest data on company insolvency (companies which are unable to pay debts and enter liquidation, or enter administration or other company rescue process) and individual insolvency (people who are unable to pay debts and enter formal procedures).

Statistics are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy.

Main messages

Companies

  • The underlying number of insolvencies decreased in Q2 2018 but was higher than the same quarter in 2017
  • This was driven by falls in compulsory liquidations, administrations and underlying creditors’ voluntary liquidations.

People

  • Total individual insolvencies continued to increase in Q2 2018, reaching the highest quarterly level since Q1 2012
  • This was driven by increases in individual voluntary arrangements, which reached a record high, and debt relief orders.
Published 27 July 2018