Scottish business insolvencies double

20th December 2021

The number of business insolvencies (liquidations and receiverships) in Scotland doubled in November.

In November 2021 there were 104 company insolvencies registered in Scotland, more than twice the number in November 2020 and 18% higher than in November 2019.

The insolvencies comprised of 21 compulsory liquidations, 76 CVLs and seven administrations.

There were no CVAs or receivership appointments.