Scottish business insolvencies increase by 9%

18th March 2024

Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland rose by 9%.

In February 2024 there were 94 company insolvencies registered in Scotland, 9% higher than the number in February 2023.

The business insolvencies comprised of 33 compulsory liquidations, 58 CVLs, and three administrations.

There were no CVAs or receivership appointments.