Scottish business insolvencies double

15th February 2023

Business

Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland nearly doubled in January 2023.

The figures showed that there were 109 company insolvencies registered in Scotland, 114% (2.1 times) higher than the number in January 2022 and 51% higher than in January 2020.

This business insolvencies comprised of 53 compulsory liquidations, 54 CVLs and two administrations.

There were no receivership appointments or CVAs.

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Scottish business insolvencies double

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