What is an MVL? A Members' Voluntary Liquidation (MVL) is a formal process used in the United Kingdom to wind up a solvent company. Unlike a Compulsory Liquidation or a Creditors' Voluntary Liquidation (CVL), where the company is insolvent and...
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The number of registered company insolvencies in June 2023 was 2,163, 27% higher than in the same month in the previous year (1,698 in June 2022). There were 260 compulsory liquidations in June 2023, 77% higher than in June 2022. Numbers of...
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The number of registered company insolvencies in May 2023 was 2552, 40% higher than in the same month in the previous year and a leap of 51% on April's figures. The number of company insolvencies in May 2023 was 40% higher than the number in...
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The number of registered company insolvencies in April 2023 was 1,685 15% lower than the number in April 2022 The decrease in company insolvencies compared to the same month last year was driven by a decrease in the number of CVLs,...
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The number of registered company insolvencies in March 2023 was 2,457, 16% higher than in the same month in the previous year (2,120 in March 2022) There were 288 compulsory liquidations in March 2023, which is more than twice the number...
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Corporate insolvencies are 33% higher than pre-pandemic levels. The number of registered company insolvencies in February 2023 was 1,783: 17% higher than in the same month in the previous year (1,518 in February 2022), and 33% higher than...
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Corporate insolvencies are rising steadily The number of registered company insolvencies in January 2023 was 1,671: 7% higher than in the same month in the previous year (1,567 in January 2022), and 11% higher than the number registered...
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As Bretts Business Recovery celebrates 10 years of being in business, Managing Director Isobel Brett shares her Top 10 predictions for 2023: Top 10 Predictions IVAs are becoming more popular as the 31stJan deadline has passed and...
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High corporate insolvencies are driven by an increasing number of CVLs and Compulsory Liquidations Compulsory liquidations have increased by 259% as HMRC are reverting to pre-pandemic practices, whilst bankruptcy figures remain relatively low as...
Read more...High corporate insolvencies are driven by an increasing number of CVLs and Compulsory Liquidations The number of registered company insolvencies in November 2022 was 2,029: 21% higher than in the same month in the previous year (1,676 in...
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