Scottish business insolvencies rise by 11%

15th March 2023

Business

Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland rose by 11% in February 2023.

The figures showed that that there were 81 business insolvencies registered in Scotland, 11% higher than the number in February 2022 but 5% lower than in February 2020.

The insolvencies comprised of 21 compulsory liquidations, 57 CVLs and three administrations.

There were no receivership appointments or CVAs.

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Scottish business insolvencies rise by 11%

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