Credit, Collections & Insolvency News
Latest figures from the Insolvency Service has shown that ehe number of businesses in England and Wales that there were 3,765 seasonally adjusted business insolvencies in Quarter3 2021, an increase of 16.7% compared to Q2 2021’s figures of 3,226 and a rise of 43.5% compared to Q3 2020 (2,624). The Insolvency Services says that teh…
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Latest statistics from the Insolvency Service have shown that Northern Irish business insolvences increased by 42% whilst personal insolvences rose by 1% in the latest quarterly figures. Latest business insolvencey figures have shown that there were 34 company insolvencies in Northern Ireland in Q3 2021, an increase of 42% on the same quarter of 2020.…
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The number of business insolvencies (liquidations and receiverships) in Scotland rose by 29.4% to 211 in July-September 2021 compared with April-June 2021 (163), and rose by 80.3% compared to July-September 2020 (117) according to latest Accountant in Bankruptcy (AiB) figures. Creditors’ Voluntary Liquidations rose to 179 for July-September 2021 – an increase of 35.6% on the…
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The number of businesses in England and Wales that failed last month was the largest since the pandemic began, with Insolvency Service data showing that 1,446 company insolvencies were logged in September. Business insolvencies increased by 7.2% in September 2021 compared to August’s figure of 1,349, and increased by 55.8% compared to September 2020’s figure…
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