National Statistics

Insolvency Statistics: July to September 2018

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

Documents

Insolvency Statistics July to September 2018 release

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Insolvency Statistics July to September 2018 tables

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Insolvency Statistics July to September 2018 industry breakdown

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Insolvency Statistics July to September 2018 company insolvency infographic

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Insolvency Statistics July to September 2018 individual insolvency infographic

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Insolvency Statistics July to September 2018 data (CSV format)

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Insolvency Statistics July to September 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 increased in Q3 2018 both on the previous quarter and on the same quarter in 2017.

  • This was driven by a rise in underlying creditors’ voluntary liquidations which rose to their highest level since Q1 2012.

People

  • Total individual insolvencies fell in Q3 2018 from a six-year high in Q2 2018
  • This was driven by a decrease in individual voluntary arrangements and was offset by increases in bankruptcies and debt relief orders
Published 30 October 2018