Credit, collections & insolvency news
Latest figures from Accountant in Bankruptcy (AiB) has shown that business insolvencies in Scotland increased. In October 2023 there were 99 business insolvencies registered in Scotland, 21% higher than the number in October 2022. The business insolvences comprised of 35 compulsory liquidations, 58 CVLs, four administrations and two CVAs. There were no receivership appointments.
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Latest quarterly statistics from Accountant in Bankruptcy (AiB) indicated that Scottish business insolvencies increased by 7%. In Quarter 3 (Q3), there were 296 total company insolvencies in Scotland, 7% higher than in the same quarter of 2022. The business insolvencies comprised 107 compulsory liquidations, 174 CVLs and 15 administrations. There were no CVAs or receivership…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that Scottish business insolvency numbers (liquidations and receiverships) increased by 6% in August. In August 2023 there were 112 company insolvencies registered in Scotland, 6% higher than the number in August 2022. The business insolvencies comprised of 33 compulsory liquidations, 71 CVLs and 8 administrations. There…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that Scottish business insolvency numbers (liquidations and receiverships) increased in July. In July 2023 there were 97 business insolvencies registered in Scotland this was 41% higher than the number in July 2022. The business insolvencies comprised of 44 compulsory liquidations, 51 CVLs and two administrations. There…
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New data from Accountant in Bankruptcy (AiB) has revealed that business insolvencies jumped 19.7% in Quarter 1 (Q1) when compared to the same period last year. Sottish business insolvency numbers in Scotland also increased by 21.7% when compared to pre-pandemic levels in 2019. The number of business insolvencies (liquidations and receiverships) decreased by 15.6% compared…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that Scottish business insolvency numbers (liquidations and receiverships) have increased, In June 2023 there were 113 business insolvencies registered in Scotland, 51% higher than the number in June 2022. The business insolvencies comprised of 36 compulsory liquidations, 72 CVLs and five administrations. There were no receivership appointments…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland rose in April 2023. The figures showed that tthere were 114 business insolvencies registered in Scotland, 24% higher than the number in April 2022. The insolvencies was comprised of 41 compulsory liquidations, 64 CVLs and nine administrations.…
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Latest quarterly statistics have indicated that Scottish business insolvencies increased whilst personal insolvencies remained static in Quarter 1 (Q1) of 2023. The figures showed that there were 297 total business insolvencies in Scotland in Q1, 41% higher than in the same quarter of 2022. These business insolvencies comprised 113 compulsory liquidations, 176 CVLs, seven administrations…
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Annual figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers in Scotland rose by nearly a third (32.6%) in the year 2022-2023. There were 1,132 business insolvencies an increase of 32.6% from 2021-2022’s figure of 854, an increase of 157.3% on 2020-2021’s figure of 440, and a rise of 19.4% compared to…
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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…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland nearly doubled in January 2023. The figures showed that there were 109 company insolvencies registered in Scotland, 114% (2.1 times) higher than the number in January 2022 and 51% higher than in January 2020. This business insolvencies…
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Latest quarterly figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 19% when compared with Quarter 4 2021. In Quarter 4 2022, there were 313 total company insolvencies in Scotland, the highest number since Quarter 4 2011. The business insolvencies comprised 83 compulsory liquidations, 212…
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Latest quarterly figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 13.3% compared with Q3 2021-2022. The number of corporate insolvencies (liquidations and receiverships) in Scotland for Q3 2022-2023 increased by 0.7% compared with the previous quarter (July-September 2022). Commenting on the Scottish Insolvency Statistics,…
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