National Statistics

Insolvency Statistics: January to March 2016

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

Documents

Insolvency Statistics January to March 2016 release

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Insolvency Statistics January to March 2016 tables

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Insolvency Statistics January to March 2016 industry breakdown

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Insolvency Statistics January to March 2016: personal insolvency infographic

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Insolvency Statistics January to March 2016: company insolvency infographic

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Insolvency Statistics January to March 2016 (CSV format)

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Insolvency Statistics January to March 2016 PRA 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

  • Total company Insolvencies increased for the first time since Q1 2014, but were still lower than Q1 2015.
  • This increase was mainly driven by an increase in compulsory liquidations, which were at the highest level since Q1 2015

People

  • Total individual insolvencies increased slightly compared to last quarter, but were lower compared to the same period a year ago.
  • There was an increase in debt relief orders, which resulted from a change to the eligibility criteria.
Published 29 April 2016