Following a consultation in 2023, the Insolvency Service will merge the monthly and quarterly statistics while maintaining monthly frequency. This the last release in the current format. The first release in the new format will be published on 26 April 2024. It will be available on the Company Insolvency Statistics releases page.
1. Main messages for England and Wales
Annual Summary for 2023
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In 2023, there were 25,158 registered company insolvencies, comprising
20,577 creditors’ voluntary liquidations (CVLs), 2,827 compulsory
liquidations, 1,567 administrations, 185 company voluntary
arrangements (CVAs) and two receivership appointments. The number of
company insolvencies was the highest annual number since 1993.…
