Scotland witnessed a 10% increase in company insolvencies in February 2025 compared to the same month in 2024, with 103 businesses entering insolvency.
This figure comprised 60 Creditors’ Voluntary Liquidations (CVLs), 38 compulsory liquidations, and five administrations. There were no Company Voluntary Arrangements (CVAs) or receivership appointments.
The 12-month insolvency rate to February 2025 stood at 51.6 per 10,000 companies on the effective register, a slight decrease of 1.2 from the previous year.
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