Business insolvency numbers (liquidations and receiverships) in Scotland for Q3 2024-2025 decreased by 2.4% compared with Q3 2023-2024, to a total of 285 according to latest Accountant in Bankruptcy data.
Business insolvencies (liquidations and receiverships) decreased by 8.9% when compared with the previous quarter’s total of 313 (July-September 2024).
Commenting on the Scottish insolvency statistics, Richard Bathgate, Chair of insolvency and restructuring trade body R3 in Scotland, and a Restructuring Partner at Johnston Carmichael in Aberdeen, said “While corporate insolvency levels in Scotland have fallen compared to last quarter and last month, the make-up of the figures has changed significantly and suggests…