Monthly Insolvency Statistics, February 2021
Monthly company and individual insolvency statistics for England and Wales as well as Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic.
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Company insolvencies
The number of registered company insolvencies in England and Wales in February 2021 was 686, approximately half the number registered in the same month in the previous year (1,348 in February 2020).
Individual insolvencies
For individual insolvencies, the number of bankruptcies in England and Wales in February 2021 was 898, while the number of Debt Relief Orders was 1,389. Both were 42% lower than in February 2020. There were, on average, 6,138 IVAs registered per month in the three-month period ending February 2021, 11% higher than for the three-month period ending February 2020, although this series is volatile.