The number of insolvencies enforced by creditors increased in 2025 driven by the rise of alternative and international lenders on the market, according to Deloitte’s latest figures.
There were 812 corporate insolvency appointments in 2025 – a 7% decrease compared to 2024. Further 900 insolvencies are forecast for this year.
While company led closures – or Creditors Voluntary Liquidations – still accounted for the majority of corporate insolvencies (66%), they have decreased by 20% last year.
Meanwhile, corporate receiverships – a process when a lender takes control of a company’s assets to recover debts with the help of a third party – increased by 30% in 2025. Court appointed liquidations increased…