Insolvency-related activities in the North West fell to their lowest level for 12 months, according to new research from R3, the UK’s insolvency and restructuring trade body.
R3’s analysis of data, provided by Creditsafe, shows there were 313 new cases of insolvency-related activity – which includes liquidator appointments, administrator appointments and creditors’ meetings – in the North West in January, the lowest recorded figure since January 2024’s total of 303.
Insolvency-related activity also fell by 25.5% in January when compared with the previous month’s total of 420.
Fran Henshaw, Chair of R3 in the North West, said: “Insolvency-related activity in the North West remained high throughout much of…
