Company insolvency statistics show accommodation and food services insolvencies were down 12% year-on-year from 313 (April 2024) to 275 (April 2025) and fell 2.5% month-on-month.
Insolvencies in the sector also decreased 12% from 3,824 in the 12 months to April 2024 to 3,369 in the 12 months to April 2025.
Saxon Moseley, partner and head of leisure and hospitality at leading audit, tax and consulting firm RSM UK, said:
“April was a strong month for the hospitality industry, with the sunny weather boosting operators’ top line which translated into fewer insolvencies. But looking ahead, May’s data paints a different picture, with sales slipping 1.0% year-on-year according to the CGA RSM Hospitality Business Tracker. This downturn…