Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 8.4% to a total of 2,043 in June compared to May 2025’s total of 2,230, and decreased by 15.9% compared to June 2024’s figure of 2,430.
The business insolvencies consisted of 332 compulsory liquidations, 1,585 creditors’ voluntary liquidations (CVLs), 111 administrations and 15 company voluntary arrangements (CVAs). There were no receivership appointments.
CVLs accounted for 78% of all company insolvencies. The number of CVLs decreased by 8% from May 2025 and was 18% lower compared to the same month last year (June 2024). In the first six months of 2025, CVLs have been at…