Monthly Insolvency Statistics: March 2025

​ March 2025 had 1,992 registered company insolvencies in England and Wales, which was 9% more than the same month the year before (1,826 in March 2024) but 2% fewer than February 2025 (2,032). Though they have remained high in comparison to historical levels, company insolvencies over the last 12 months have been marginally lower…

Business insolvencies fall by 2%

Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 2.9% in March 2025 to a total of 1,992 when compared to February 2025’s total. Business insolvencies increased by 9.1% when compared to March 2024’s figure of 1,826  than the same month in the…

JSW Steel Coated Products wins bid for Colour Roof India, Legal News, ET LegalWorld

JSW Steel Coated Products Limited (JSWSCPL), a wholly-owned subsidiary of JSW Steel, has received a letter of intent from the resolution professional of Colour Roof (India) Limited, indicating its successful bid in the corporate insolvency resolution process (CIRP). The committee of creditors approved JSWSCPL’s resolution plan, declaring the company the successful resolution applicant. The completion…