Insolvency Oracle

Developments in UK insolvency by Michelle Butler

Appointment Statistics

The following graphs show the numbers of notices of appointment published in the Gazette on a weekly basis.  Therefore, they likely lag a week or so behind the actual dates of appointment.  The graphs are updated each week.

The figures for voluntary dissolution applications (i.e. those initiated by the company) have been drawn from the Office for National Statistics (data released 25 May 23).  Formal insolvencies pale into insignificance against this population: there were over 300,000 voluntary dissolution applications in the past 12 months.

CVLs have always been the most popular insolvency process, but they are far more dominant now than they were just before the pandemic: the number of CVLs in Feb 2023 was over 50% larger than the number in Feb 2020 (i.e. based on the number of Gazette notices in that month).  Compare that to the change in the numbers of ADMs and Compulsories: they were 25% and 38% lower in Feb 2023 than the numbers in Feb 2020.  In Feb 2020, CVLs accounted for 73% of all those three insolvency processes; in Feb 2023, the figure was 86%.

The Insolvency Service is also publishing monthly figures based on Companies House filings on the 15th day of each month.  These are available at