Monthly Insolvency Statistics May 2020
Statistics on new company and individual insolvencies in England and Wales, and related statistics for Northern Ireland. Company statistics are presented for Scotland.
Documents
Details
This statistics release contains the latest data on monthly company and individual insolvency (companies and individual people who are unable to pay debts and enter formal procedures).
Statistics are presented separately for England and Wales , Scotland and for Northern Ireland in this release.
Main messages
Companies insolvencies
- There were 994 company insolvencies in May 2020.
Individual insolvencies
- There were 1,540 Debt relief orders and 739 bankruptcies in May 2020.
- In three months ending May 2020 there was a monthly average of 7,899 registered individual voluntary arrangements .