Insolvencies

Company insolvencies in June have fallen year-on-year by four per cent to 109. The figure comprised 60 CVLs, 43 compulsory liquidations and six administrations. There were no CVAs and no receivership appointments.

A nearly five per cent increase in corporate insolvencies in the past year is likely to lead to a rise in personal insolvencies in the next six to 12 months, according to Gilson Gray. The latest figures from the Accountant in Bankruptcy (AiB) show there were 283 corporate insolvencies in July to Sep

The number of companies filing for administration in Scotland fell by a quarter in 2022 despite rising inflation, weaker trade and geopolitical uncertainty continuing to put businesses under pressure. Analysis of notices in The Gazette by Interpath Advisory reveals that a total of 32 companies fell

In the first quarter of this year, corporate insolvency numbers (liquidations and receiverships) in Scotland rose by 49.1 per cent, compared with the same period in 2021. According to new figures published by the Accountant in Bankruptcy (AiB) – Scotland's Insolvency Service – the number