Credit, Collections & Insolvency News
Creditors are moving to shut down struggling companies at the fastest rate in at least three years, according to new figures obtained from the Ministry of Justice. Courts in England and Wales received 7,049 winding-up petitions in 2025 – up 11% on the 6,337 lodged in 2024 and 35% higher than the 5,220 recorded in…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales has shown that there were 1,845 business insolvencies in June 2026,. The figures were similar to in May 2026 but 10% lower than in June 2025. The business insolvencies in June 2026 consisted of 276 compulsory liquidations,…
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Latest monthly statistics from the Insolvency Service have shown that personal insolvencies increased whilst business insolvencies declined in June 2026. The data showed that in June 2026, there were 189 personal insolvencies in Northern Ireland. This was 13% higher than in June 2025. The insolvencies comprised 136 IVAs, 20 bankruptcies and 33 DROs. The business insolvencies…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland remained stable in June 2026. The data showed that there were 104 business insolvencies registered in Scotland, which was similar to the number in June 2025. The insolvencies comprised 61 CVLs, 41 compulsory liquidations and two administrations. There were no CVAs or…
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The Insolvency Service has returned £42.7 million to creditors and the wider economy in 2025-26 while increasing enforcement action against rogue directors and supporting thousands of people facing financial hardship, according to its Annual Report and Accounts. The report shows the agency handled 11,668 insolvency cases, processed 70,633 redundancy payments, and approved 48,344 Debt Relief…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales fell to 1,868 in May 2026, 10% lower than in April 2026 (2,087), and 16% lower than the same month in the previous year (2,231 in May 2025). The insolvencies consisted of 285 compulsory liquidations, 1,423 creditors’ voluntary…
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Latest monthly statistics from the Insolvency Service have shown that personal insolvencies fell whilst business insolvencies increased in Northern Ireland in May 2026. The data showed that there were 140 personal insolvencies; this was 37% higher than in May 2025. There were 99 IVAs, 20 bankruptcies and 21 DROs. There were 30 business insolvencies, 43% lower…
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Latest figures from the Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland decreased in May 2026. The data showed that there were 100 business insolvencies registered in Scotland, 25% lower than the number in May 2025. The business insolvencies comprised 51 CVLs, 40 compulsory liquidations, seven administrations and two CVAs. There were no…
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UK business insolvency stress has remained significantly above its historical baseline for 17 consecutive weeks, according to FrictionIndex, the UK’s first weekly measure of corporate insolvency activity across 21 economic sectors. T The index is currently elevated, with 12 of the main 18 tracked sectors showing above-normal stress levels despite an 8.4% decline over the…
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In May 2026, the following administration notices were issued and advertised in the London Gazette for the following companies: 12470936 LIMITED 4MERIT IMMIGRATION LIMITED ABSOLUTE POST LIMITED AERALIS LTD AIRSPRUNG FURNITURE LIMITED AIRSPRUNG GROUP PLC ALTERNATIVE USE BOSTON PROJECTS LIMITED ARUSTON LTD BARRETTS OF WOODBRIDGE LIMITED BECON (PRECISION) ENGINEERING MANUFACTURERS LIMITED BENLOWE GROUP LIMITED BERRIDGE…
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Creditors’ Voluntary Winding-Up – Appointment of Liquidators notices have been issued in the London Gazette for the following companies in May 2026: 11 ENTERPRISES LTD 1CARD SOLUTIONS LTD 24 HOUR 7 DAY SECURITY LTD 2LOD COMPLIANCE LIMITED 3 R CONSULTING LIMITED 42 SQUARE (LONDON) LIMITED 51 STUDIO LIMITED 7 TM LTD 720 DIGITAL LIMITED 82-35…
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In May 2026, Winding Up Petitions (Companies) were issued and advertised in the London Gazette for the following companies: 13040874 LTD 18-19 BUCKINGHAM GATE CONSTRUCTION LIMITED 2B STRUCTURES LTD 365 GROUNDWORK LTD 55 HOSPITALITY LIMITED A CONSULTANCY SERVICES LIMITED A T S S LIMITED A.R.J. BUTCHERS (SHAWS) LIMITED A7 COMMODITIES LIMITED ACCES LINK LTD AEQUITAS…
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Latest figures from the Insolvency Service have shown that the number of business insolvencies in England and Wales increased by 2% in April 2026 compared to the previous month rising to 2,085 from 2,037. April’s figure was 3% up on the same month in 2025. The data showed that there were 2,085 business insolvencies. The…
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