Azets, which has an office in Chandler’s Ford, reported 1,882 corporate insolvencies across England and Wales recorded in September – down 3.6 per cent from August and 4.6 per cent from September last year.
However, Chris Tate, restructuring and insolvency partner at Azets, said the figures reflect a continuation of tough trading conditions rather than real recovery.
Chris Tate, restructuring and insolvency partner at international accountancy and business advisory group Azets. (Image: Azets)
Mr Tate said: “September is typically when the true picture of the summer trading period emerges, and where business owners and management teams decide whether they can keep going or need to close the doors.
“Despite the…