Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales increased by 7.9% to 2,238 in May 2025. when compared to April 2025 (2,074) and 15% higher than the same month in the previous year (1,946 in May 2024).
The insolvencies consisted of 354 compulsory liquidations, 1,734 creditors’ voluntary liquidations (CVLs), 136 administrations and 14 company voluntary arrangements (CVAs). There were no receivership appointments.
In May 2025, CVLs accounted for 77% of all company insolvencies. The number of CVLs increased by 11% from April 2025 and was 13% higher compared to the same month last year (May 2024).
The number of compulsory liquidations in May…