Insolvency statistics released for November 2025
The insolvency statistics released for October show that of the 1,866 registered company insolvencies:
- There were 250 compulsory liquidations
- 1,461 creditors’ voluntary liquidations (CVLs)
- 136 administrations
- 18 company voluntary arrangements (CVAs).
Individual Insolvencies
- In November 2025, 9,343 individuals entered insolvency in England and Wales, lower than in October 2025, and November 2024.
The individual insolvencies consisted of
- 489 bankruptcies
- 3,792 debt relief orders (DROs)
- 5,062 individual voluntary arrangements (IVAs)
- IVA numbers in the first 11 months of 2025 were higher than the monthly average seen in both 2024 and 2023, but lower than in 2022, which saw a record high annual number.
- In the 12 months ending 30 November 2025, one in 407 adults in England and Wales entered insolvency (at a rate of 24.6 per 10,000 adults). This is higher than the rate of 23.7 per 10,000 adults (one in 422) who entered insolvency in the 12 months ending 30 November 2024.
Debt Relief Orders
Individual Voluntary Arrangements
Breathing Space Registrations
- There were 7,151 breathing spaces registered under the Debt Respite Scheme in November 2025. This is 7% lower than in November 2024. Of the 7,151 breathing space registrations, 7,009 were Standard breathing space registrations and 142 were Mental Health breathing space registrations. Between the start of the scheme in May 2021 and 30 November 2025, StepChange Debt Charity registered 59% 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.