Scottish business insolvencies rise by 11%

29th April 2024

Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland rose by 11%.

In March 2024 there were 115 company insolvencies this was 11% higher than the number in March 2023.

The insolvencies comprised of 44 compulsory liquidations, 62 CVLs, and 9 administrations.

There were no CVAs or receivership appointments.