Scottish business insolvencies increased 24% in April

17th May 2023

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

The figures showed that tthere were 114 business insolvencies registered in Scotland, 24% higher than the number in April 2022.

The insolvencies was comprised of 41 compulsory liquidations, 64 CVLs and nine administrations.

There were no receivership appointments or CVAs.