Latest annual data analysis by the Accountant in Bankruptcy has shown that there were 1,175 corporate insolvencies in the year 2024-2025. This was a slight increase of 0.6% from 2023-2024’s figure of 1,168, and an increase of 3.8% on 2022-2023’s figure of 1,132.
Separate quarterly figures (fourth quarter 2024-25) showed that registered companies becoming insolvent or entering receivership decreased when compared to the same quarter in 2023-24, with 294 companies becoming insolvent, 2.3% less than the fourth quarter of 2023-24, where 301 companies became insolvent.
Commenting on the data, Tim Cooper, President of insolvency and restructuring trade body R3 and Partner at Addleshaw Goddard said “The increase in…
