Scottish company insolvencies up 9% in February 2024 – Scottish Financial News

Michelle Elliot Company insolvencies in Scotland rose by 9% during February compared to the previous year, totalling 94 cases, according to data from the Insolvency Service. This comprised 33 compulsory liquidations, 58 creditors voluntary liquidations (CVLs), and three administrations, with no company voluntary arrangements (CVAs) or receivership appointments. Company insolvencies in Scotland from February 2019…

Corporate insolvencies rise in February 2024 – Asset Finance International

Corporate insolvency levels rose 73.3% from pre-pandemic levels last month, while personal insolvency levels rose 22.4% during the same period, according to new statistics from the Insolvency Service. Corporate insolvencies increased by 18.5% in February 2024 to a total of 2,102 compared to January’s total of 1,774 and increased by 16.7% compared to February 2023’s…