The July monthly insolvency statistics have been released. Here we provide a summary overview.
The July 2024 company insolvency statistics for England and Wales showed a total of 2,191 insolvencies, a 16% increase compared to July 2023.
Creditors’ voluntary liquidations (CVLs) remained the most common, comprising 77% of cases.
Compulsory liquidations also saw a rise, reaching their highest level since 2018. Sectors such as construction and retail were notably impacted.
Scotland saw a 21% year-on-year increase in insolvencies, while Northern Ireland’s figures remained stable. The overall trend indicates a gradual increase in insolvency cases across the UK.
Just 25 companies were rescued by using Company Voluntary Arrangements (CVAs) in July. This is unfortunate as surely it is possible that some of the 1000s of companies that went insolvent last month some might have been able to survive by using a CVA?
The number of CVLs decreased by 9% from June 2024 but was 15% higher than during the same month last year (July 2023), after seasonal adjustment.
The number of seasonally adjusted compulsory liquidations in July 2024 was the highest monthly number since August 2018, 5% higher than in June 2024 and 27% higher than in July 2023.
In 2023, there were 44% more compulsory liquidations than in 2022, but they were still 4% fewer than in 2019 (before to the pandemic). The numbers have risen from the all-time lows observed in 2020 and 2021, when limitations were placed on the use of winding-up petitions and statutory demands, which resulted in compulsory liquidations.
The number of administrations in July 2024 was 10% lower than in June 2024 but 6% higher than in July 2023, after seasonal adjustment.
High profile administrations have been few and far between these last few months with Carpetright being the most noteable exception.
It does seem that In the 12 months to June 2024 compared to the previous 12-month period, insolvencies increased by the most in the hospitality sector. The increase was c.15%
This is not surprising given that this includes the period of high inflation in the last half of last year.
Written ByRobert Moore
Marketing Manager
Rob has over a decade of experience in web and general marketing. He has extensive knowledge of the Insolvency sector and has helped many worried directors with their questions.
Rob is now working with the Board at RMT KSA to develop strategic marketing programmes to support the business plan and drive more company rescues.
Monthly Insolvency Statistics: November 2025
There were 1,866 registered company insolvencies in England and Wales in November 2025. That’s 8% fewer than in October and 7% fewer than in November last year. Overall, insolvency numbers in 2025 have generally been slightly higher than in 2024, but still below 2023, which recorded the highest levels in 30 years. In November 2025, these cases included 250 compulsory liquidations, 1,461 creditors’ voluntary liquidations (CVLs), 136 administrations, 18 company voluntary arrangements (CVAs) and one receivership. Compulsory liquidations were down sharply compared to October and were also below last year and the 2024 monthly average. CVLs were also lower than both October and the 2024 average, while both administrations and CVAs increased compared to October. Looking over the past 12 months to the end of November 2025, around 1 in every 189 companies entered insolvency (52.9 per 10,000 companies), which is slightly down on the previous 12-month period. Using this rolling annual measure helps smooth out monthly fluctuations and shows the broader trend.Creditors’ Voluntary Liquidations (CVLs)CVLs made up 78% of all insolvencies in November 2025. Numbers fell by 7% compared with both October 2025 and November 2024. So far in 2025, average CVL levels are broadly similar to 2024. CVLs had previously peaked in 2023 at the highest level since records began, after rising for several years, but fell in 2024 for the first time since 2020. Compulsory LiquidationsCompulsory liquidations dropped 21% from October and were 10% lower than November 2024. However, looking at 2025 so far, monthly averages are still around 17% higher than in 2024. Levels in 2024 were already the highest since 2014, following sharp increases from the very low levels seen during the pandemic when restrictions limited winding-up action. AdministrationsAdministrations were up 12% on October and 5% higher than November 2024, although the 2025 monthly average remains below 2024 levels. After hitting an 18-year low in 2021 during the pandemic, administration numbers have gradually risen and are now broadly similar to pre-pandemic levels. Company Voluntary Arrangements (CVAs)CVAs increased by 6% compared with October and were 29% higher than November last year, although absolute numbers remain low compared to historic trends.In Conclusion The fall in insolvency figures is a relief for policy makers but anecdotal evidence is that HMRC were taking a soft line against companies that owed tax in the last few months. The budget uncertainty persuaded companies not to take risks and keep costs under control that may have also contributed to the fall.Find the full release here.
ReadMonthly Insolvency Statistics: October 2025 Shows Uptick In Compulsory Liquidations
In October 2025, there were 2,029 company insolvencies in England and Wales. The annual number of company insolvencies in the UK for 2024 was 23,872. Individual insolvencies in England and Wales reached 10,552 in October 2025.Company Insolvency Statistics (England and Wales) In October 2025, the number of registered company insolvencies in England and Wales was similar to September 2025 levels but 17% higher than in October 2024. The monthly numbers in the first ten months of 2025 have been slightly higher than in 2024, which followed a 30-year annual high in 2023.The total for October 2025 comprised:1,592 Creditors' Voluntary Liquidations (CVLs) 301 Compulsory Liquidations 119 Administrations 17 Company Voluntary Arrangements (CVAs)In the 12 months ending in October 2025, one in every 187 companies on the effective register entered insolvency. The industries most affected in this period were construction, wholesale and retail trade, and accommodation and food services.Individual Insolvency Statistics (England and Wales) In October 2025, there were 10,552 individual insolvencies, which is a 14% increase compared to October 2024.
ReadMonthly Insolvency Statistics: July 2025 Shows Levelling Off Of Liquidations
The number of registered company insolvencies in England and Wales was 2,081 in July 2025, similar to both June 2025 (2,053) and the same month in the previous year (2,078 in July 2024). Monthly company insolvency numbers in the first seven months of 2025 were higher than the second half of 2024, but remained slightly lower than the 30-year annual high seen in 2023. As such, there isn't much to say really accept the summer months are alwas a bit volatile as you can see in the peak recorded in May. The insolvency rate of c. 36-37 per 10,000 companies has remained remarkably steady in 2025 down from the peak of 40 seen in spring 2024. The majority of the debts accrued during the pandemic have washed through the system. So, those who cannot pay their BBLs and CBILS have already been into an insolvency procedure. Further tax rises may dampen consumer spending in the latter part of the year but many companies have been sensible with keeping costs down.It is often in a big boom that more companies go bust due to too much optimism combined with poor financial controls.
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