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.  Liquidations pale into insignificance against this population: over the past 12 months, there were over 300,000 voluntary dissolution applications but only c.35,000 liquidations (all types).

The following are the changes over Q1 2024 compared with Q1 2023:

  • CVLs: 4% lower in Q1 2024
  • MVLs: 23% lower
  • ADMs: 35% higher
  • WUCs: 42% higher
  • BKYs: 18% higher

The Insolvency Service’s monthly figures are at https://www.gov.uk/government/collections/company-insolvency-statistics-releases and https://www.gov.uk/government/collections/individual-insolvency-statistics-releases (and pre March-24 stats are at www.gov.uk/government/collections/monthly-insolvency-statistics).CVL2MVL2ADM2WUC2BKY2DISS