Insolvency

(asked on 1st June 2020) - 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 entered administration in (a) the UK, (b) England, (c) the North East and (d) Wansbeck constituency in each month since May 2015.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 9th June 2020

The Insolvency Service collates national data on insolvency cases.

(a) and (b): administrations in the UK and England

Insolvency data back to 2015 are held on a quarterly basis for England and Wales, Scotland and Northern Ireland. It is not possible to identify only companies in England as the legal jurisdiction and recorded location is ‘England and Wales’. Quarterly information on companies entering administration since 2015 is available online: https://www.gov.uk/government/collections/company-insolvency-statistics-releases.

In response to the Coronavirus (COVID-19) pandemic, insolvency data have recently been compiled on a monthly basis to provide faster indicators of the impact of the pandemic on insolvency. However, this information only includes a short historical time series back to January 2019. The first monthly report was published in May 2020 and covers England and Wales, and Scotland. Monthly Northern Ireland data were not available for this release. Monthly information on companies entering administration since January 2019 is available online: https://www.gov.uk/government/collections/monthly-insolvency-statistics.

(c) and (d): administrations in the North East and in Wansbeck constituency

Annual data are held on enterprises entering insolvency at regional level each year between 2015 and 2017, in response to (c). These statistics are available online: https://www.gov.uk/government/statistics/corporate-insolvencies-by-size-age-and-location-2015-to-2017.

The Insolvency Service does not hold information in response to (d). Breakdowns of corporate insolvency by Parliamentary constituency are not available.

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