Insolvency

(asked on 8th September 2026) - View Source

Question to the Department for Business, Innovation, Science and Trade:

To ask the Secretary of State for Business, Innovation, Science and Trade, how many investigations into suspected phoenix company activity have been undertaken by the Insolvency Service in each of the last five years; and how many resulted in enforcement action.


Answered by
Blair McDougall Portrait
Blair McDougall
Parliamentary Under-Secretary of State (Department for Business, Innovation, Science and Trade) (Jointly with the Department for Energy Security and Net Zero)
This question was answered on 16th September 2026

The Insolvency Service did not, before April 2025, record investigations in a way that consistently identifies every case where phoenix activity formed part of the misconduct. Partial management information may be identified, but it would not provide a complete picture because phoenix activity may have been recorded under wider misconduct allegations. Internal management information for 2025/26 shows 123 civil investigations and 50 criminal investigations connected with abusive phoenix behaviours. Enforcement outcomes connected with abusive phoenix behaviours in 2025/26 included 88 director disqualifications, 18 companies being wound up and 5 criminal convictions.

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