2025 insolvency figures represent a 7% decrease compared to 2024. The number of corporate insolvencies has remained largely consistent throughout the year – 206 in Q1,201 in Q2, 211 in Q3 and 194 in Q4.
While Creditors Voluntary Liquidations (CVLs) continue to account for the majority of corporate insolvencies (535 CVLs/66% of 2025 insolvencies), there has been a 20% decrease compared to 2024 (668 CVLs). Insolvencies have remained consistent with 2024 figures however, due to the increased levels of creditor enforcement via Court appointed liquidations and Receiverships.
Court appointed Liquidations increased by 58%, with 104 recorded in 2025 compared to 66 in 2024. Our analysis of the statistics points to increased creditor…