Insolvency Processes
As expected and in line in previous years, Creditors Voluntary Liquidations (CVLs) continue to account for the majority of corporate insolvencies, with 393 CVL’s recorded in the first 9 months of 2025 – 64% of overall 2025 insolvencies so far. This represents a 22% decrease on the same period in 2024. The reduction in Company led corporate closures via CVL is linked to the increased levels of creditor enforcement via Court appointed liquidations and Receiverships.
Conversely, Court appointed Liquidations increased by 107% (85) in the first 9 months of 2025 compared to the same period in 2025. Creditor led petitions accounted for 73% (62/85) of Court appointed liquidations year to date with the…