Insolvency
(asked on 18th January 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses were declared insolvent in each of the last twelve months for which figures are available.
The Insolvency Service publishes insolvency statistics each month on GOV.UK:
Registered Company insolvencies in the UK
1 January 2020 to 31 December 2020
| England and Wales | Scotland | Northern Ireland |
Jan 20 | 1,514 | 72 | 22 |
Feb 20 | 1,348 | 85 | 33 |
Mar 20 | 1,234 | 76 | 30 |
Apr 20 | 1,201 | 45 | 3 |
May 20 | 946 | 34 | 5 |
Jun 20 | 740 | 46 | 9 |
Jul 20 | 966 | 52 | 10 |
Aug 20 | 789 | 43 | 4 |
Sep 20 | 927 | 43 | 11 |
Oct 20 | 862 | 44 | 8 |
Nov 20 | 891 | 46 | 8 |
Dec 20 | 1228 | 57 | 9 |
The statistics for individual months have not been adjusted to account for seasonality in the data. The Insolvency Service separately publishes quarterly statistics that present seasonally-adjusted data and rates of insolvency per 10,000 active companies that allow for a like-for-like comparison over time. These statistics can also be found on GOV.UK.