Insolvency statistics released for June 2025
The insolvency statistics released for June show that of the 2,043 registered company insolvencies:
- There were 332 compulsory liquidations
- 1585 creditors’ voluntary liquidations (CVLs)
- 111 administrations
- 15 company voluntary arrangements (CVAs).
Individual Insolvencies
- In June 2025, 10,279 individuals entered insolvency in England and Wales. This was similar to the numbers in both May 2025 and June 2024.
The individual insolvencies consisted of
- 6596 bankruptcies
- 4135 debt relief orders (DROs)
- 5548 individual voluntary arrangements (IVAs)
- IVA numbers in the first six months of 2025 were similar to the monthly average in 2024. Bankruptcy numbers remained at about half of pre-2020 levels and were also 10% lower than in June 2024.
- In the 12 months ending 30 June 2025, one in 415 adults in England and Wales entered insolvency (at a rate of 24.1 per 10,000 adults). This is higher than the rate of 21.9 per 10,000 adults (one in 457) who entered insolvency in the 12 months ending 30 June 2024.
Debt Relief Orders
Individual Voluntary Arrangements
Breathing Space Registrations
- There were 7,637 breathing spaces registered under the Debt Respite Scheme in June 2025. This is 10% higher than in June 2024. Of the 7,637 breathing space registrations, 7,535 were Standard breathing space registrations and 102 were Mental Health breathing space registrations. Between the start of the scheme in May 2021 and 30 June 2025, StepChange Debt Charity registered 60% of breathing spaces.
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.