Scottish business insolvencies fall 44%

2nd November 2020

The Insolvency Service has published its latest figures which indicate that in Q3 2020 Scottish company insolvencies decreased by 44%.

The Accountant in Bankruptcy, Scotland’s Insolvency Service, administers company insolvency in Scotland showed that In Q3 2020, there were 139 total insolvencies in Scotland, a fall of 44% on the same quarter of 2019.

This comprised 51 compulsory liquidations, 71 CVLs, 16 administrations, one CVA and no receiverships.

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Scottish business insolvencies fall 44%

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