The February 2025 company insolvency stats for England and Wales have been published by The Insolvency Service, together with related figures for Scotland and Northern Ireland.

Company insolvency statistics for England and Wales – February 2025

After seasonal adjustment there were 2,035 company insolvencies in February 2025. This was 3% higher than in January 2025, but 7% higher than the number in February 2024.

In February 2025 there were:

• 1,520 creditors’ voluntary liquidations (CVLs)
• 393 compulsory liquidations
• 115 administrations
• 7 company voluntary arrangements (CVAs)
• 0 receiverships

CVLs

In February 2025, CVLs accounted for 75% of all company insolvencies. The number of CVLs was 2% lower than January 2025 and 13% lower than February 2024, after seasonal adjustment.

Compulsory liquidations

The number of compulsory liquidations was 41% higher than in January 2025 and 49% higher than in February 2024 after seasonally adjustment. February 2025 saw the highest monthly number since September 2014.

Administrations

The number of administrations was 18% lower than in January 2025 and 27% lower than in February 2024 after seasonally adjustment.

CVAs

The number of CVAs was 42% lower than in January 2025 and 50% lower than in February 2024 after seasonally adjustment.

Receivership appointments

There were no receivership appointments in February 2025. Receivership appointments are now rare - there were three in the past 12 months ending February 2025.

Insolvency rate statistics for England and Wales – February 2025

The company liquidation rate in the 12 months to February 2025 was 52.4 per 10,000 companies on the effective register in England and Wales. This corresponds to 1 in 191 companies entering insolvency.

Company insolvencies by industry in England and Wales – February 2024

The three industries (in accordance with SIC 2007) that experienced the highest number of insolvencies in the 12 months to February 2025 were:

• construction (4,031 insolvencies, 17% of cases with industry captured)
• wholesale and retail trade; repair of motor vehicles and motorcycles (3,631 insolvencies, 15% of cases with industry captured)
• accommodation and food service activities (3,474 insolvencies, 15% of cases with industry captured)

Company insolvency statistics for Scotland – February 2025

The Accountant in Bankruptcy (AiB), Scotland’s Insolvency Service, administers company insolvency in Scotland.

In February 2025 there were 103 company insolvencies, which was 10% higher than the number in February 2024. Of the total company insolvencies in Scotland, there were:

• 60 CVLs
• 38 compulsory liquidations
• 5 administrations
• 0 receivership appointments
• 0 CVAs

Historically, compulsory liquidations were the most common type of company insolvency in Scotland. However, since April 2020, numbers of CVLs have remained higher than numbers of compulsory liquidations.

Company insolvency statistics for Northern Ireland – February 2025

In February 2025 there were 21 company insolvencies in Northern Ireland, 19% lower than in February 2024. Of the total company insolvencies, there were:

• 9 compulsory liquidations
• 8 CVLs
• 2 administrations
• 2 CVAs
• 0 receivership appointments

Please note, the figures for Northern Ireland are not seasonally-adjusted.

Where can I see insolvency notices in The Gazette?

The Gazette is the primary source of both corporate insolvency and personal insolvency information in the UK and publishes this information in the form of insolvency notices, allowing transparency for the public, the credit industry and concerned individuals to quantify risk and inform creditors. You can view all corporate and personal insolvency notices on The Gazette website.

The Gazette also provides a Data Service which provides timely official company, insolvency and deceased estates information to aid data driven decision-making. As the UK’s official public record, our authorised data can help your business with:

• KYC/due diligence
• risk management
• regulatory compliance
• business development
• business intelligence and strategy

For more information on The Gazette Data Service, contact the team on 01603 985949, email data@thegazette.co.uk or click on the link below.

Enquire now

Next insolvency statistics release

Figures for February 2025 will be released on 25 March 2025.

See also

Individual insolvency statistics – February 2025

Company insolvency statistics - January 2025

Find out more

Company Insolvency Statistics February 2025 (GOV.UK)

The Insolvency Service (GOV.UK)

Accountant in Bankruptcy (AiB)

Images

Getty Images

Publication date

24 March 2025