Are you sure you want to delete your account?
You have indicated you do not agree to our terms of use, do you wish to delete your account?
Login
person
lock_outline
Why not sign up?

You will also be registered for the agent to contact you via other means you provide, with information relevant to your property search.

Register
There was an error creating your account, please try again. If the problem persists, please contact us and we will investigate.
Password does not match
How would you like to be contacted?

Monthly UK insolvency statistics – February 2021

Published: 18/03/2021 By Jane Price

The following figures are part of a monthly series published by the Insolvency Services to supplement quarterly National Statistics, with the aim of providing more up to date information on insolvencies as COVID-19 continues.

 
There were 686 registered company insolvencies registered in February 2021

These figures are made up as follows:
Company Voluntary Liquidations = 591 (down 38% compared to the same period last year)
Compulsory liquidations = 33 (down 86% compared to the same period last year)
Administrations = 56 (down 62% compared to the same period last year)
Company Voluntary Arrangements = 6 (68% fewer CVA’s compared to the same period last year)

Detailed figures and information of monthly company insolvency data for England & Wales can be found at the Insolvency Service here.

It is believed that the overall reduction in company insolvencies is likely to be in part driven by the range of government support put in place to financially support companies in response to the coronavirus (COVID 19) pandemic.

Could a Moratorium give you the necessary breathing space to save your business?  Find out  here.