The figure rose to 1,946 in August, a 0.6 per cent increase compared to July, according to Chris Tate, a restructuring and insolvency partner at Azets, an accountancy and advisory firm with offices in Chandler’s Ford and Fareham.
Mr Tate said: “Corporate insolvency numbers hit a four-month high in August, driven by a rise in administrations as more than 250 connected companies in the real estate sector entered administration between March and August of this year.
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“August also saw an uptick in compulsory liquidations, as creditors continue to chase down debt in an attempt to balance their own books and HMRC continues to pursue tax debts to…