Insolvency statistics released for February 2026
The insolvency statistics released for February show that of the 1,878 registered company insolvencies:
- There were 249 compulsory liquidations
- 1,473 creditors’ voluntary liquidations (CVLs)
- 146 administrations
- 10 company voluntary arrangements (CVAs).
Individual Insolvencies
- In February 2026, 11,609 individual insolvencies were registered in England and Wales. This was 18% higher than in February 2025 and 6% higher than in January 2026.
The individual insolvencies consisted of:
- 768 bankruptcies
- 4,210 debt relief orders (DROs)
- 6,631 individual voluntary arrangements (IVAs)
- The number of DROs in February 2026 was a record high in the monthly time series going back to their introduction in 2009, exceeding the previous high of 4,185 in August 2025. The number of IVAs was higher than both January 2026 and the 2025 monthly average. Bankruptcies were 25% higher than in February 2025, although numbers were affected by the clearing of a backlog following the Insolvency Service moving to a new case management system.
- In the 12 months ending 28 February 2026, one in 388 adults in England and Wales entered insolvency (at a rate of 25.8 per 10,000 adults). This was higher than the rate of 24.0 per 10,000 adults (one in 417) who entered insolvency in the 12 months ending 28 February 2025.
Debt Relief Orders
Individual Voluntary Arrangements
Breathing Space Registrations
- There were 5,102 breathing spaces registered under the Debt Respite Scheme in February 2026. This is 35% lower than in February 2025. Of the 5,102 breathing space registrations, 4,997 were Standard breathing space registrations and 105 were Mental Health breathing space registrations.
We publish a summary of the reports here each month. For advice relating to support, insolvency or recovery options, please contact Isobel Brett for further information and guidance.
* This content and data were reported in full in the Insolvency Service Statistics.