Michelle Elliot – Partner at FRP Advisory
Scotland saw a 13% increase in company insolvencies in May 2025 compared to the same period last year, reaching a total of 133.
This rise was primarily driven by an increase in compulsory liquidations, which accounted for 72 cases. The remaining insolvencies included 56 Creditors’ Voluntary Liquidations (CVLs) and five administrations. There were no Company Voluntary Arrangements (CVAs) or receivership appointments recorded.
The overall company insolvency rate in Scotland for the 12 months leading up to May 2025 stood at 51.8 per 10,000 companies on…