Scottish business insolvencies rise by 21%

19th April 2023

Business

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

The figures showed that there were 104 company insolvencies registered in Scotland, 21% higher than the number in March 2022.

This was business insolvencies comprised of 40 compulsory liquidations, 61 CVLs, two administrations and one receivership appointment.

There were no CVAs.

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Scottish business insolvencies rise by 21%

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