Insolvency

(asked on 22nd June 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how many (a) businesses and (b) people filed for bankruptcy in (i) York, (ii) Yorkshire and the Humber and (iii) England in each year since 2015.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Shadow Secretary of State for Levelling Up, Housing and Communities
This question was answered on 28th June 2023

Information on company insolvencies is sourced from Companies House, which holds information on companies only, not all business types. Furthermore, the registered office address for a company may not be its trading location, and is often the address of the appointed Insolvency Practitioner handling the case.

Subject to these caveats, numbers of company insolvencies in the requested locations were:

Year

York

Yorkshire and the Humber

England

2015

102

1,850

13,913

2016

90

1,944

13,968

2017

61

1,857

13,976

2018

74

2,005

15,390

2019

99

2,140

16,554

2020

67

1,654

12,266

2021

86

2,103

13,701

2022

140

2,855

21,544

2023 (to 31 May)

38

1,164

9,682

The numbers of individuals who entered bankruptcy were:

Year

York

Yorkshire and the Humber

England

2015

47

1,558

14,808

2016

44

1,381

14,131

2017

47

1,362

14,220

2018

37

1,535

15,656

2019

39

1,474

15,801

2020

34

1,162

12,003

2021

15

766

8,232

2022

26

580

6,322

Numbers for 2023 form part of Official Statistics to be published in March/April 2024. The latest release can be found at Individual Insolvencies by Location, Age and Gender, England and Wales, 2022.

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