Credit, Collections & Insolvency News
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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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 23%. There were 114 company insolvencies registered in Scotland, 23% higher than the number in December 2021 and 28% higher than in December 2019. The insolvencies. comprised of 22 compulsory liquidations, 85 CVLs and seven…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 13% in November 2022. There were 118 business insolvencies registered in Scotland, 13% higher than the number in November 2021 and 36% higher than in November 2019. The business insolvencies comprised of 42 compulsory liquidations,…
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The number of Scottish companies entering insolvency increased during the third quarter of 2022 according to new analysis of the Accountant in Bankruptcy (AiB) data by Gilson Gray. The Scottish figures reflect the UK market generally, with 265 UK companies going into administration between July and September, up from 176 during the same period in…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased in August. The figures showed that there were 105 company insolvencies registered in Scotland, 18% higher than the number in August 2021 and 33% higher than in August 2019. The insolvencies comprised of 37 compulsory liquidations…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased by 49.1% in Quarter 1 (Q1) compared with Q1 2021-2022. The number of corporate insolvencies (liquidations and receiverships) in Scotland for Q1 2022 rose by 1.3% compared with the previous quarter (January-March 2022). Richard Bathgate, Chair…
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Latest figures from Accountant in Bankruptcy (AiB) have indicated that business insolvency numbers (liquidations and receiverships) in Scotland increased in April. In April 2022 there were 92 company insolvencies registered in Scotland, 142% (2.4 times) higher than April 2021 but 10% lower than in April 2019. The insolvencies comprised of 17 compulsory liquidations, 73 CVLs,…
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