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 voluntary business liquidations that have taken place each month of the last five years.
Voluntary liquidations consist of creditors’ voluntary liquidations (CVLs) and members’ voluntary liquidations (MVLs).
Tables 1 to 3 show monthly numbers of CVLs, based on Insolvency Service official statistics at Company insolvencies, November 2024 - GOV.UK.
Table 4 shows numbers of MVLs, based on Companies House official statistics at Incorporated companies in the UK July to September 2024 - GOV.UK. MVL data is not published on a monthly basis.
Table 1: Creditors’ voluntary liquidations by month, England & Wales
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 1,225 | 1,054 | 663 | 1,383 | 1,402 | 1,309 |
February | 852 | 991 | 638 | 1,351 | 1,539 | 1,726 |
March | 1,182 | 934 | 945 | 1,859 | 2,036 | 1,452 |
April | 1,045 | 973 | 847 | 1,810 | 1,371 | 1,853 |
May | 995 | 854 | 974 | 1,605 | 2,191 | 1,626 |
June | 1,058 | 593 | 1,164 | 1,472 | 1,773 | 1,906 |
July | 1,043 | 631 | 1,029 | 1,629 | 1,344 | 1,662 |
August | 1,007 | 628 | 1,302 | 1,683 | 1,905 | 1,555 |
September | 1,148 | 777 | 1,372 | 1,400 | 1,588 | 1,441 |
October | 1,108 | 719 | 1,275 | 1,608 | 1,910 | 1,514 |
November | 1,100 | 814 | 1,542 | 1,610 | 1,983 | 1,631 |
December | 823 | 1,085 | 1,383 | 1,676 | 1,749 | [x] |
Source: Companies House. [x] indicates not yet available
Table 2: Creditors’ voluntary liquidations by month, Scotland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 25 | 21 | 15 | 35 | 54 | 47 |
February | 23 | 36 | 16 | 61 | 63 | 58 |
March | 22 | 21 | 29 | 71 | 62 | 64 |
April | 31 | 26 | 29 | 73 | 64 | 59 |
May | 24 | 17 | 38 | 70 | 57 | 72 |
June | 22 | 20 | 61 | 66 | 74 | 60 |
July | 39 | 28 | 55 | 55 | 51 | 77 |
August | 27 | 21 | 76 | 66 | 72 | 57 |
September | 28 | 25 | 53 | 74 | 53 | 48 |
October | 20 | 27 | 54 | 56 | 59 | 51 |
November | 24 | 27 | 77 | 73 | 74 | 56 |
December | 36 | 26 | 75 | 85 | 66 | [x] |
Source: Companies House. [x] indicates not yet available
Table 3: Creditors’ voluntary liquidations by month, Northern Ireland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 8 | 3 | 1 | 12 | 11 | 17 |
February | 10 | 6 | 5 | 4 | 10 | 10 |
March | 7 | 11 | 5 | 13 | 9 | 15 |
April | 10 | 2 | 2 | 4 | 5 | 12 |
May | 4 | 3 | 6 | 17 | 8 | 20 |
June | 7 | 8 | 9 | 13 | 11 | 7 |
July | 7 | 8 | 12 | 10 | 8 | 11 |
August | 17 | 2 | 8 | 10 | 6 | 9 |
September | 7 | 8 | 9 | 18 | 9 | 10 |
October | 7 | 7 | 12 | 13 | 12 | 14 |
November | 6 | 8 | 6 | 16 | 10 | 10 |
December | 9 | 6 | 0 | 11 | 16 | [x] |
Table 4: Members’ voluntary liquidations by financial year, United Kingdom
Financial Year | Members' voluntary liquidations |
2023/24 | 11,507 |
2022/23 | 14,929 |
2021/22 | 11,824 |
2020/21 | 10,249 |
2019/20 | 9,240 |