Insolvency Statistics July to September 2014 (Q3 2014) – This release contains the latest data on company insolvency Coverage (companies which are unable to pay debts and enter liquidation, or enter England and Wales administration or other company rescue process) and individual Scotland insolvency (people who are unable to pay debts and enter formal Northern Ireland procedures). Release date Results are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy. 29 October 2014 Frequency of release Main messages Quarterly Companies Next update 29 January 2014 The number of in England and Wales decreased by 11.7% compared with July to September 2013. Media enquiries Kathryn Montague Administrations decreased by 18.8%, and company voluntary arrangements and receiverships also +44 (0)20 7674 6910 decreased. Ade Daramy +44 (0)20 7596 6187 People Lead Statistician John Perrett The number of people who became insolvent in England and Wales decreased by 4.6% compared with 020 7637 6504 July to September 2013. Website This was driven by decreases in the number of (down 18.7%) and individual voluntary arrangements (down 1.9%). Reference Ins14/Coms/100 increased by 2.7% compared with July to September 2013. Figures for have been revised back to April to June 2011. Insolvency Statistics: user feedback survey The Insolvency Service is currently seeking feedback on its statistical publications in order to make them more relevant and useful. Please help by completing the survey . We are specifically seeking users’ views on: Whether figures for total company insolvencies in England & Wales would be useful; Whether to provide industry breakdowns as a separate Excel file; and Whether to discontinue publishing industry breakdowns using 2003 classifications (retaining breakdowns using 2007 classifications)
Insolvency Statistics – July to September 2014 (Q3 2014) Coverage England and Wales Scotland Northern Ireland Release date 29 October 2014 Frequency of release Quarterly Next update 29 January 2014 Media enquiries Kathryn Montague +44 (0)20 7674 6910 Ade Daramy +44 (0)20 7596 6187 Lead Statistician John Perrett 020 7637 6504 Website Reference Ins14/Coms/100 This release contains the latest data on company insolvency (companies which are unable to pay debts and enter liquidation, or enter administration or other company rescue process) and individual insolvency (people who are unable to pay debts and enter formal procedures). Results are presented separately for England and Wales, Scotland, and Northern Ireland because of differences in legislation and policy. Main messages Companies The number of in England and Wales decreased by 11.7% compared with July to September 2013. Administrations decreased by 18.8%, and company voluntary arrangements and receiverships also decreased. People The number of people who became insolvent in England and Wales decreased by 4.6% compared with July to September 2013. This was driven by decreases in the number of (down 18.7%) and individual voluntary arrangements (down 1.9%). increased by 2.7% compared with July to September 2013. Figures for have been revised back to April to June 2011. Insolvency Statistics: user feedback survey The Insolvency Service is currently seeking feedback on its statistical publications in order to make them more relevant and useful. Please help by completing the survey . We are specifically seeking users’ views on: Whether figures for total company insolvencies in England & Wales would be useful; Whether to provide industry breakdowns as a separate Excel file; and Whether to discontinue publishing industry breakdowns using 2003 classifications (retaining breakdowns using 2007 classifications)