1. Main messages for England and Wales
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Between 1 July and 30 September 2023 (Q3 2023), there were 6,208
(seasonally adjusted) registered company insolvencies, as shown in
Figure 1, comprising 4,965 creditors’ voluntary liquidations (CVLs),
735 compulsory liquidations, 466 administrations, 41 company voluntary
arrangements (CVAs) and one receivership appointment. -
After seasonal adjustment, the number of company insolvencies in Q3
2023 was 2% lower than in Q2 2023, but 10% higher than in Q3 2022. The
last two quarters saw the highest quarterly insolvency numbers since
Q2 2009 and the highest numbers of CVLs since the start of the series
in 1960. The numbers of compulsory liquidations and administrations
increased to…