Business insolvencies increased by 0.2% in 2025

Latest data from the Insolvency Service for England & Wales has shown that business insolvencies increased by 0.2% in 2025 when compared to 2024, rising to 23,938 from 23,880 The 2025 insolvencies comprisied of 18,525 creditors’ voluntary liquidations (CVLs), 3,730 compulsory liquidations, 1,495 administrations, 186 company voluntary arrangements (CVAs) and two receivership appointments. In 2025,…

Startup Heizma takes over Soly customers following insolvency in Austria

Austrian energy company Heizma is integrating several hundred photovoltaic systems as well as ongoing projects from insolvent Dutch provider Soly into its platform. The acquisition includes full support for Austrian customers and strengthens Heizma’s position in the field of decentralized energy solutions. The Vienna-based scale-up is positioning itself as a stability anchor in a market…

Scottish business insolvencies rose by 35% in December 2025

Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 35% in December 2025. The figures showed that there were 111 company insolvencies registered. The insolvencies were comprised of 69 CVLs, 35 compulsory liquidations and seven administrations.There were no CVAs or receivership appointments. The overall 2025 Scottish business insolvency figures…