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, CVLs were the most common company insolvency procedure (77%), followed by compulsory liquidations (16%), administrations (6%) and CVAs (1%), whilst receivership appointments made up less than 1% of cases. There were two receivership appointments made in 2025, one fewer than in 2024. Compulsory liquidations made up a…