Company insolvencies decrease by 14.5% in Scotland

30th April 2020

Latest figures from Accountant in Bankruptcy, Scotland’s Insolvency Service have indicated that company insolvencies decreased in Scotland in Q1 2020

There were 235 total insolvencies in Scotland, a fall of 14.5% from the same quarter of 2019. This comprised of 137 compulsory liquidations, 77 CVLs, 20 administrations, one company voluntary arrangement and no receiverships.

The majority of company liquidations in Scotland are compulsory liquidations.

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Company insolvencies decrease by 14.5% in Scotland

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