Official Statistics

Monthly Insolvency Statistics, February 2021

Monthly company and individual insolvency statistics for England and Wales as well as Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic.

Documents

Commentary - Monthly Insolvency Statistics February 2021

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Commentary - Monthly Insolvency Statistics February 2021

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Data Tables in Excel (xlsx) Format - Monthly Insolvency Statistics February 2021

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Data Tables in Open Document Spreadsheet (ods) Format - Monthly Insolvency Statistics February 2021

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Monthly Insolvency Statistics Methodology and Quality Document February 2021

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Monthly Statistics Methodology and Quality Document February 2021

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Pre-Release Access List - Monthly Insolvency Statistics February 2021

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Details

Company insolvencies

The number of registered company insolvencies in England and Wales in February 2021 was 686, approximately half the number registered in the same month in the previous year (1,348 in February 2020).

Individual insolvencies

For individual insolvencies, the number of bankruptcies in England and Wales in February 2021 was 898, while the number of Debt Relief Orders was 1,389. Both were 42% lower than in February 2020. There were, on average, 6,138 IVAs registered per month in the three-month period ending February 2021, 11% higher than for the three-month period ending February 2020, although this series is volatile.

Published 16 March 2021