Credit, Collections & Insolvency News
Latest annual data analysis by the Accountant in Bankruptcy has shown that there were 1,175 corporate insolvencies in the year 2024-2025. This was a slight increase of 0.6% from 2023-2024’s figure of 1,168, and an increase of 3.8% on 2022-2023’s figure of 1,132. Separate quarterly figures (fourth quarter 2024-25) showed that registered companies becoming insolvent…
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Latest figures from Accountant in Bankruptcy (AiB) have shown that business insolvencies in Scotland fell slightly in June 2024. In June 2024 there were 109 business insolvencies registered in Scotland, 4% lower than the number in June 2023. The insolvencies comprised of 60 CVLs, 43 compulsory liquidations and six administrations. There were no CVAs and no receivership…
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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…
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