Q4 2023: Company Insolvency Statistics
The quarterly company insolvency statistics have been released, covering Q4 2023 (October to December).
Since this dates the final quarter of the year, an annual summary can be noted:
2023 saw the highest annual number of company insolvencies since 1993. The total of 25,158 registered company insolvencies is broken down into:20,577 Creditors Voluntary Liquidations (increased by 9% from 2022)
2,827 Compulsory Liquidations (increased by 44% from 2022)
1,567 Administrations (increased by 27% from 2022)
185 Company Voluntary Arrangements (increased by 67% from 2022)
2 Receiverships
One for every 186 active companies fell into insolvent liquidation in 2023, making the liquidation rate 53.7 per 10,000…
