Ireland recorded 618 corporate insolvency appointments in the first nine months of 2025, a 5% decrease on the same period last year, according to new figures from Deloitte Ireland.
Quarterly activity remained steady, with 206 cases in Q1, 201 in Q2 and 211 in Q3.
James Anderson, Turnaround & Restructuring Partner at Deloitte, said the overall decline masked a shift in underlying trends.
“The decrease in insolvency activity levels in the first 9 months of 2025 compared to the same period in 2024 highlights interesting trends.
“Company led closures (CVLs) are down (-22%), however formal corporate restructuring activity (SCARP & Examinerships) increased (+36%).
“Creditor led enforcements were also on the rise with…