Credit, Collections & Insolvency News
Annual figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland remained stable in 2024. Scottish business insolvencies remained steady at 1,236 compared to 1,234 in 2023. Figures for December 2024, showed that there were 82 business insolvencies registered in Scotland, 24% lower than the number in December 2023. The business insolvencies…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies increased by 5%. In November 2024, there were 114 business insolvencies registered in Scotland, 5% higher than the number in November 2023. The insolvencies comprised of 55 CVLs, 54 compulsory liquidations and five administrations. There were no CVAs or receivership appointments.
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies increased by 18% In October 2024, there were 116 business insolvencies registered in Scotland, 18% higher than the number in October 2023. The total number of business insolvencies comprised of 50 CVLs, 60 compulsory liquidations, five administrations and one receivership appointment. There were…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies fell by 16%. In September 2024, there were 73 business insolvencies registered in Scotland, 16% lower than the number in September 2023. The total number of business insolvencies was comprised of 48 CVLs, 18 compulsory liquidations and seven administrations. There were no CVAs…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies fell by 9% in August 2024. In August 2024 there were 102 business insolvencies registered in Scotland, this was 9% lower than the number in August 2023. The total number of business insolvencies was comprised of 56 CVLs, 42 compulsory liquidations, two administrations…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 21% in July 2024. In July 2024 there were 117 business insolvencies registered in Scotland, which was 21% higher than in July 2023. The insolvencies comprised of 76 CVLs, 33 compulsory liquidations and eight administrations. There were no CVAs or receivership…
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Business insolvency numbers (liquidations and receiverships) in Scotland for Q1 2024-2025 decreased by 3.1% compared with Quarter 1 (Q!) 2023-2024, to a total of 283 according to latest figures from Accountant in Bankruptcy (AiB). The figures also decreased by 6% compared with the previous quarter’s total of 301 (January-March 2024). Richard Bathgate, Scotland Chair of…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland increased by 22% in May 2024. In May 2024 there were 118 business insolvencies registered in Scotland, 22% higher than the number in May 2023. The insolvencies comprised of 71 CVLs, 43 compulsory liquidations and 4 administrations. There were no CVAs and no…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell by 4% in April 2024. In April 2024 there were 109 company insolvencies registered in Scotland, 4% lower than the number in April 2023. The insolvencies comprised of 48 compulsory liquidations, 59 CVLs, and 2 administrations. There were no CVAs or…
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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.
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Latest figures from Accountant in Bankruptcy found that there were 1,168 Scottish business insolvencies in the year 2023-2024. The figures showed that this was an increase of 3% from 2022-2023’s figure of 1,132, an increase of 37% on 2021-2022’s figure of 854, and an increase of 23% compared to pre-pandemic levels in 2019-2020 (948). Fourth quarterly…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland rose by 9%. In February 2024 there were 94 company insolvencies registered in Scotland, 9% higher than the number in February 2023. The business insolvencies comprised of 33 compulsory liquidations, 58 CVLs, and three administrations. There were no CVAs or receivership…
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Latest figures from Accountant in Bankruptcy (AiB) have revealed that business insolvencies in Scotland rose by 7.3% compared with Quarter 3 (Q3) 2022-2023, to a total of 292. Business insolvencies (liquidations and receiverships) in Scotland for Q3 2023-2024 increased by 3.2% compared with the previous quarter’s total of 283 (July-September 2023). Richard Bathgate, Scotland Chair…
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