Northern Irish personal insolvencies rise whilst business insolvencies fall 40%

31st July 2023

Business

Latest quarterly statistics from the Insolvency Service have indicated that Northern Irish personal insolvencies increased by 4%.

In Quarter 2 (Q2) 2023 there were 458 personal insolvencies, 4% higher than the same quarter in 2022.

The personal insolvencies comprised 349 IVAs, 47 DROs and 62 bankruptcies.

The business insolvencies figures showed that there were 35 company insolvencies in Northern Ireland in Q2 2023, a decrease of 40% from the same quarter of 2021.

The business insolvency figures comprised 24 CVLs, seven compulsory liquidations, two administrations and two CVAs.

There were no administrative receiverships.

Create your Account:

1. Please fill in the boxes below with your email, tick the relevant newsletters you would like to subscribe to and click the Sign Up button.

2. Wait for the double opt-in page to open and confirm your email address.

3. You have subscribed and have agreed to receive the newsletters.

Credit Connect Media is committed to reserving your right to privacy. By using our website and services you consent to our collection and use of your information as described in or privacy policy.

Credit Connect Media has set up a network of business partners whose products and services may be interesting and useful to you. They may contact you from time to time. By subscribing you confirm that you agree to our Terms & Conditions statement.

Northern Irish personal insolvencies rise whilst business insolvencies fall 40%

Related Posts

Login