Businesses: Closures
(asked on 15th January 2025) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data his Department holds on the number of businesses that have closed involuntarily in each month of the last five years.
Answered by
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
Official statistics on company involuntary dissolutions are published quarterly. These are made publicly available online by Companies House. We have extracted and produced the relevant yearly figures for your convenience below:
Financial Year | Struck off and dissolved |
2023/24 | 631,742 |
2022/23 | 557,240 |
2021/22 | 557,653 |
2020/21 | 425,594 |
2019/20 | 497,639 |
The statistics for October to December 2024 will be published in the next quarterly release on 30 January 2025 at 9:30am.
The most recent complete datasets can be found here:
Incorporated companies in the UK July to September 2024 - GOV.UK
Statistics for previous periods are available here.