Defence: Insolvency

(asked on 29th May 2026) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how many UK-based defence companies have dissolved since 2020.


Answered by
Blair McDougall Portrait
Blair McDougall
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 4th June 2026

Since 1 January 2020 to 2 June 2026, 842 UK-based defence companies have been dissolved. Defence companies are identified using the Standard Industrial Classification (SIC) code 84220. SIC codes are self-reported by companies at incorporation and through confirmation statement filings. As SIC codes are self-reported and not always completed accurately, the figures may not be fully precise. This may not be a company’s only industry classification code, as up to four can be provided. Some companies have been restored to the register; this figure relates only to companies recorded as dissolved during the period.

The net decline in UK-based defence companies is 838, as 4 companies were subsequently restored.

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