Credit, Collections & Insolvency News
UK businesses continued to face intense financial pressure throughout 2025, with 28,616 insolvency activities recorded, while start-ups declined, according to a new report from R3. While corporate insolvency-related activities – including administration and voluntary and compulsory liquidations- eased slightly compared with 2024, when there were 29,366 instances, they remain significantly above pre-pandemic norms, reflecting a…
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New data shows Britain’s hospitality sector is shrinking fast, with a net loss of 382 venues between October and December. Industry bodies warn that without broader support, hundreds of restaurants, hotels and pubs could close in 2026, despite pubs being exempt from upcoming business rates increases according to NIQ’s latest Hospitality Market Monitor. Britain’s number…
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New research by Witan Solicitors, has analysed data from Companies House to determine the number of construction firms incorporated between January 2021 and December 2025 and compared this to the number that have since entered administration, liquidation, or been dissolved. The data found that in the past five years, two in five (41.6%) of newly…
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Latest data from the Insolvency Service for England & Wales has shown that business insolvencies increased by 0.2% in 2025 when compared to 2024, rising to 23,938 from 23,880 The 2025 insolvencies comprisied of 18,525 creditors’ voluntary liquidations (CVLs), 3,730 compulsory liquidations, 1,495 administrations, 186 company voluntary arrangements (CVAs) and two receivership appointments. In 2025,…
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Latest data statistics from the Insolvency Service show that there were 351 business insolvencies registered in Northern Ireland in 2025, which was an increase of 15% from 2024 (305 insolvencies). The increase was largely driven by a 56% increase in compulsory liquidations, although the number of CVLs decreased by 22%, while administrations increased by 47% and CVAs increased by…
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In December, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 13109114 LTD 1ST CHOICE ANIMALS LIMITED 3 DOT HERTS LIMITED 59 EDGWARE ROAD LTD AAGRAH FOODS LIMITED ACCTURA SERVICES LTD ADELINERECRUITS LTD ADH PORSCHE LTD AG CONSTRUCTION (HILTON) LTD AGCI LTD AIFILIA LTD ALBURY HILLS LTD ALFRESCO…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in December: 03948266 LIMITED 13TH DAY FILMS LIMITED 1ST CHOICE ANIMALS LIMITED 1ST UK CHOICE LIMITED 20 DSL LIMITED 2036 MINT LANE LINCOLN (LEASECO) LIMITED 247 MEDIA GROUP LIMITED 3`S A CROWD BREWING LTD 3M &…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales decreased by 6.7% to 1,866 in November 2025, compared to the November 2024 figure of 2,001. The business insolvencies consisted of 250 compulsory liquidations, 1,461 creditors’ voluntary liquidations (CVLs), 136 administrations, 18 company voluntary arrangements (CVAs) and…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell in November 2025. The data showed there were 98 company insolvencies registered in Scotland, 14% lower than the number in November 2024. The business insolvencies comprised of 58 CVLs, 33 compulsory liquidations and seven administrations. There were no CVAs or receivership…
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Latest monthly statistics from the Insolvency Service show that business insolvencies increased whilst personal insolvencies fell in Northern Ireland in November 2025. The data shows that there were 43 business insolvencies registered in Northern Ireland, 169% (2.7 times) higher than in November 2024. The insolvencies comprised of 33 compulsory liquidations, eight CVLs and two CVAs. There were…
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Creditors Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in November: 108 BUILDERS LIMITED 195MPH LIMITED 2020 CREATIV LTD 2020 PROPERTY DEVELOPMENTS LIMITED 24 FIRE AND SECURITY LTD 24/7 FITNESS BIRMINGHAM LIMITED 2828CS LTD 2YORKSHIRECHEFS LTD 3 PIN ELECTRICAL LIMITED 361 WE LIMITED 365WINDOWS LTD…
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The Insolvency Service has welcomed news in the Budget that the agency will receive an extra £25 million over the next five years to help it tackle rogue directors. The funding announced by the Chancellor today will fund a new Abusive Phoenixism Taskforce which will be staffed by 50 people investigating suspicious company insolvencies. The…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales, was 2,029 in October 2025, 2% higher than in September 2025 (1,995) and 17% higher than the same month in the previous year (1,739 in October 2024). The business insolvencies consisted of 301 compulsory liquidations, 1,592 creditors’…
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