Companies: Insolvency

(asked on 19th March 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what is their estimate of the numberĀ of registered company insolvencies in England since March 2020, by the parliamentary constituency in which the company registered office was based.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 31st March 2021

The Insolvency Service publishes National Statistics on insolvency cases for England and Wales combined. It is not possible to identify accurately companies that traded within specific parliamentary constituencies before entering insolvency. The data used for insolvency statistics is compiled from information at Companies House. The registered office address for a company may not be representative of its trading location, and often it is changed upon insolvency to the address of the appointed Insolvency Practitioner dealing with the case. This means that some cases may be counted as being in the constituency of the insolvency practitioner rather than the constituency of the registered office of the company before it went into insolvency.

Subject to these caveats, the table provided as Annex A sets out the data on all registered company insolvencies from March 2020 to January 2021 (inclusive).

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