Corporate insolvencies increased by 7.9% in May 2025 to a total of 2,238, compared to April 2025’s total of 2,074, and increased by 15% compared to May 2024’s figure of 1,946.
Corporate insolvencies decreased by 10.2% from May 2023’s total of 2,493.
Personal insolvencies decreased by 0.5% in May 2025 to a total of 10,014 compared to April 2025’s total of 10,060, and increased by 5.5% compared to May 2024’s figure of 9,493. Personal insolvencies increased by 9.9% from May 2023’s total of 9,113.
Bethan Evans, Chair of R3 in Wales, the UK’s insolvency and restructuring trade body, and a Partner at Menzies LLP, said:
“The monthly increase in corporate insolvencies is due to an increase in Creditors’ Voluntary Liquidations and…