The insolvency statistics released for May 2024 show that of the 2,006 registered company insolvencies: There were 271 compulsory liquidations 1,590 creditors’ voluntary liquidations (CVLs) 126 administrations 19 company...
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If you or your client’s business is facing financial distress it can be a stressful and worrying time for all involved. It can also be daunting to be presented with an overload of information and options on what to do next. Perhaps a formal...
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A restructuring plan is a recently introduced court-supervised process that allows financially distressed companies to restructure their liabilities and reach a binding compromise with their creditors and/or shareholders. It must have approval from...
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The number of registered company insolvencies in July 2023 was 1,727, 6% lower than in the same month in the previous year (1,831 in July 2022). This was higher than levels seen while the Government support measures were in place in response to the...
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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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