Directors: Disqualification

(asked on 1st June 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what the average (a) cost is incurred by the Insolvency Service of each director disqualification it has undertaken and (b) length of time taken by the Insolvency Service to secure a director disqualification, from the date at which the office holder's report on the director's conduct is submitted to the Insolvency Service, for each of the last five years.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 9th June 2022

The Insolvency Service does not currently record the average cost of a disqualification, however where a case goes to court, the Insolvency Service’s costs are calculated on individual cases for the purpose of seeking costs.

The Insolvency Service records the average time from the date of insolvency to disqualification. The average time for each of the last five years is:

2021-22

22.1 months

2020-21

21.7 months

2019-20

19.8 months

2018-19

19.9 months

2017-18

20.4 months

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