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POLITICS

&

SOCIETYInsolvenciesintheUKCHAPTER

01OverviewSurvivalrateofnewenterprisesintheUnitedKingdomfrom2007to2020,byyearssurvivedNewenterprisesurvivalrateintheUK2007-20201year93.1%2years91.2%3years93.5%4years92.2%5years95.2%100%90%80%70%60%50%40%30%95.4%81.1%94.8%94.6%74.6%93.7%72.9%92.9%92%90.8%89.7%86.7%72.5%75.6%60.5%75.7%61.2%75%74%58%73.8%59.6%73.8%59.4%74.1%57.6%71.3%55.3%71.1%54.1%63%60.8%57.1%56.1%46%52%51%51.2%42.4%50.4%43.2%48.9%41.3%48.9%41.7%49.3%42.5%48.1%41.4%46%44.6%44.9%38.4%44.1%39.6%2007200820092010201120122013201420152016*2017201820192020Yearofenterprisebirth4/statistics/285305/new-enterprise-survival-rate-in-the-ukAsof2021,businessenterprisesfoundedin2020intheUnitedKingdomhadaone-yearsurvialrateof92.9percent,comparedwith94.6percentinthepreviousyear.Ofbusinessesfoundedin2016,just38.5percentwerestilloperatingin2021.

ReadmoreNote(s):UnitedKingdom;2007to2020;*Changeinmethodologyfrom2016onwards.Furtherinformationavailabilefromthe'MeasuringtheData'sectionoftheONSarticle.ReadmoreSource(s):OfficeforNationalStatistics(UK)NumberofcompanyinsolvenciesinEnglandandWalesfromJanuary2019toSeptember2023NumberofcompanyinsolvenciesinEnglandandWales2019-20233,0002,5002,0001,5001,0005000Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Oct19

19

19

19

19

19

20

20

20

20

20

20

21

21

21

21

21

21

22

22

22

22

22

22

23

23

23

23

235Description:Therewere1,967companyinsolvenciesinEnglandandWalesinSeptember2023,comparedwith2,319inthepreviousmonth.ReadmoreNote(s):UnitedKingdom(England,Wales);January2019toSeptember2023Source(s):GOV.UKNumberofcorporateinsolvenciesinScotlandfrom2015/16to2022/23NumberofcorporateinsolvenciesinScotland2015-20231,2001,1329671,00080060040020009489028848548464422015/162016/172017/182018/192019/202020/212021/222022/236Description:In2022/23,therewere1,132corporateinsolvenciesinScotland,comparedwith854inthepreviousfinancialyear.Duringthistimeperiod,thereportingyearwiththehighestnumberofinsolvenciestookplaceinthemostrecentyear,withthefewestoccurringin2020/21,whentherewere442.ReadmoreNote(s):UnitedKingdom(Scotland);April1,2015toMarch31,2023Source(s):AccountantinBankruptcy;ScottishGovernmentNumberofcompanyinsolvenciesinEnglandandWalesin2ndquarter2023,bysectorNumberofcompanyinsolvenciesinEnglandandWales2023,bysectorNumberofofinsolvencies0

2004006008001,0001,200ConstructionWholesaleandretailtrade;repairofmotorvehiclesandmotorcyclesAccommodationandfoodserviceactivitiesAdministrativeandsupportserviceactivitiesManufacturing1,122973914582517509Professional,scientificandtechnicalactivitiesOtherserviceactivities339312InformationandcommunicationTransportationandstorage239203168RealestateactivitiesAllothersArts,entertainmentandrecreationHumanhealthandsocialworkactivities1201127Description:Inthesecondquarterof2023,therewereapproximately6,393companyinsolvenciesinEnglandandWales,with1,122ofthesebeingintheConstructionsector,andafurther973inwholesaleandretailtrade.

ReadmoreNote(s):UnitedKingdom;Q22023Source(s):GOV.UKNumberofcompulsoryliquidationsinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofcompulsoryliquidationsinEnglandandWales2019-20239008147818007006005004003002001000732734701673677668645504382341303202159147117114101Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

20238Description:Therewere734compulsoryliquidationsinEnglandandWalesduringthethirdquarterof2023,comparedwith645inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofcreditors'voluntaryliquidationsinEnglandandWalesfrom1stquarter2019to3rdquarter2023Numberofcreditors'voluntaryliquidationsinEnglandandWales2019-20236,0005,0004,0005,2994,9114,8094,8414,7914,6454,5304,1243,5863,1163,0672,9782,8972,8622,8603,0002,0001,00002,4342,2802,0851,914Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

20239Description:Therewere4,791creditors'voluntaryliquidationsinEnglandandWalesduringthethirdquarterof2023,comparedwith5,299inthepreviousquarter.ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofadministrationinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofadministrationinsolvenciesinEnglandandWales2019-20236004964825004003002001000449447444400403389354353339326309287282260203176157Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202310Description:Therewere444administrationinsolvenciesinEnglandandWalesduringthethirdquarterof2023,comparedwith403inthepreviousquarter.ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofcompanyvoluntaryarrangementsinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofcompanyvoluntaryarrangementsinEnglandandWales2019-2023100949291908070605040302010081786963564741393733322925252520Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202311Description:Therewere41companyvoluntaryarrangementsinEnglandandWalesduringthethirdquarterof2023,comparedwith56inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKCHAPTER

02IndividualInsolvencyNumberofindividualinsolvenciesinEnglandandWalesfromJanuary2019toSeptember2023NumberofindividualinsolvenciesinEnglandandWales2019-202314,50013,50012,50011,50010,5009,5008,5007,5006,5005,500Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep

Nov

Jan

Mar

May

Jul

Sep19

19

19

19

19

19

20

20

20

20

20

20

21

21

21

21

21

21

22

22

22

22

22

22

23

23

23

23

2313Description:Therewere7,271individualinsolvenciesinEnglandandWalesinSeptember2023,comparedwith8,553inthepreviousmonth.ReadmoreNote(s):UnitedKingdom(England,Wales);January2019toSeptember2023Source(s):GOV.UKNumberofindividualinsolvenciesinScotlandfrom2015/16to2022/23NumberofindividualinsolvenciesinScotland2015-202316,00013,49114,00012,00010,0008,0006,0004,0002,000012,78810,60210,0328,4748,0017,7697,5942015/162016/172017/182018/192019/202020/212021/222022/2314Description:In2022/23,therewere8,001individualinsolvenciesinScotland,comparedwith7,769inthepreviousfinancialyear.Duringthistimeperiod,thereportingyearwiththehighestnumberofindividualinsolvenciestookplacein2019/20whentherewere13,491,withthefewestoccurringin2020/21,whentherewere7,594.ReadmoreNote(s):UnitedKingdom(Scotland);April1,2015toMarch31,2023Source(s):AccountantinBankruptcy;ScottishGovernmentNumberofindividualvoluntaryarrangements(IVAs)inEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofindividualvoluntaryarrangementsinEnglandandWales2019-202330,00025,00020,00015,00010,0005,0000Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

202315Description:Therewere13,842individualvoluntaryarrangements(IVAs)inEnglandandWalesduringthethirdquarterof2023,comparedwith18,077inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofindividualbankruptciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofindividualbankruptciesinEnglandandWales2019-20235,0004,5844,4694,5004,0003,5003,0002,5002,0001,5001,0005004,2354,1783,8612,8452,7862,8022,4422,3071,9791,9371,8891,8431,8541,7241,649

1,6721,5160Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

202316Description:Therewere1,979individualbankruptciesinEnglandandWalesduringthethirdquarterof2023,comparedwith1,854inthepreviousquarter.ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofDebtReliefOrders(DROs)inEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofDebtReliefOrders(DROs)inEnglandandWales2019-20239,0008,0008,2947,207

7,2096,9466,937

6,9156,796

6,7887,0006,0005,0004,0003,0002,0001,00006,6316,1425,8635,8685,7365,5804,8204,4904,3744,2484,163Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

202317Description:Therewere8,294debtrelieforders(DROs)inEnglandandWalesduringthethirdquarterof2023,comparedwith7,209inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom;Q12019toQ22023Source(s):GOV.UKNumberofselfemploymentbankruptciesinEnglandandWalesfromJanuary2019toJune2023NumberofselfemploymentbankruptciesinEnglandandWales2019-20234003433283373503002502001501005032431230130729029929829728626526120319117916915315812415014013014414213013011186122122119121118110115116104103105112104

10310899100100

9910096938984Jan

Mar

May

Jul19

Sep

Nov

Jan

Mar

May

Jul20

Sep

Nov

Jan

Mar

May

Jul21

Sep

Nov

Jan

Mar

May

Jul22

Sep

Nov

Jan

Mar

May19

19

19

19

19

20

20

20

20

20

21

21

21

21

21

22

22

22

22

22

23

23

2318Description:Therewere110self-employmentbankruptciesinEnglandandWalesinJune2023,comparedwith118inthepreviousmonth.ReadmoreNote(s):UnitedKingdom(England,Wales);January2019toJune2023Source(s):GOV.UKNumberofselfemploymentbankruptciesinEnglandandWalesfromJuly2021toJune2022,bysectorNumberofselfemploymentbankruptciesinEnglandandWales2021/22,bysectorNumberofself-employedbankruptcies50

1000150200250300350400ConstructionOtherserviceactivities357312Transportationandstorage132Wholesaleandretailtrade;repairofmotorvehiclesandmotorcyclesAccommodationandfoodserviceactivitiesArts,entertainmentandrecreationAdministrativeandsupportserviceactivitiesHumanhealthandsocialworkactivitiesManufacturing1168152362323FinancialandinsuranceactivitiesElectricity,gas,steamandairconditioningsupplyAgriculture,forestryandfishing20191616Education19Description:BetweenJuly2021andJune2022therewereapproximately357selfemployedbankruptciesintheconstructionsectorinEnglandandWales,whichwasthemostofanysector.

ReadmoreNote(s):UnitedKingdom;July1.2021toJune30,2022Source(s):GOV.UKCHAPTER

03InsolvenciesbysectorNumberofagriculture,forestryandfishinginsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofagriculturecompanyinsolvenciesinEnglandandWales2019-2023353025312725222020171616141510512111111101088860Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202321Description:Therewere16companyinsolvenciesinEnglandandWales'agriculture,forestryandfishingsectorinthethirdquarterof2023,comparedwith31inthepreviousquarter.ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofminingandquarryingcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofminingandquarryingcompanyinsolvenciesinEnglandandWales2019-202316141413131212108111098877776554443210Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202322Description:ThereweresevencompanyinsolvenciesinEnglandandWales'miningandquarryingsectorinthethirdquarterof2023,comparedwith11inthefirstquarterof2023.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofmanufacturingcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofmanufacturingcompanyinsolvenciesinEnglandandWales2019-20236005235005004034504384324193983913834003002001000347349332291282264233215181Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202323Description:Therewere523companyinsolvenciesinEnglandandWales'manufacturingsectorinthethirdquarterof2023,comparedwith450inthepreviousquarter.ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofelectricity,gas,steamandairconditioningsupplycompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofutilitysupplycompanyinsolvenciesinEnglandandWales2019-20234539403530252015105322424222221201915141413131399990Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202324Description:TherewereninecompanyinsolvenciesinEnglandandWales'electricity,gas,steamandairconditioningsupplysectorinthethirdquarterof2023,comparedwith13inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofwatersupply,sewerage,wastemanagementandremediationactivitiescompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofwatersupplycompanyinsolvenciesinEnglandandWales2019-202345414035302520151053837353431302827242424212019181714120Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202325Description:Therewere24companyinsolvenciesinEnglandandWales'watersupply,sewerage,wastemanagementandremediationactivitiessectorinthethirdquarterof2023,comparedwith38inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofconstructioncompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofconstructioncompanyinsolvenciesinEnglandandWales2019-20231,2001,1421,072

1,0711,047

1,0479989911,0008488668227767748006004002000726716596517426Q4403Q1392Q3Q1Q2Q3Q4Q1Q2Q2Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

202326Description:Therewere991companyinsolvenciesinEnglandandWales'constructionsectorinthethirdquarterof2023,comparedwith1,142inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofwholesaleandretailtrade;repairofmotorvehiclesandmotorcyclescompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofwholesaleandretailcompanyinsolvenciesinEnglandandWales2019-20231,2009889571,0008006004002000922910843811707655619608576570558477422Q2378Q3361Q2326Q1317Q4Q1Q2Q3Q4Q1Q3Q4Q1Q2Q3Q4Q1Q2Q32019

2019

2019

2019

2020

2020

2020

2020

2021

2021

2021

2021

2022

2022

2022

2022

2023

2023

202327Description:Therewere910companyinsolvenciesinEnglandandWales'wholesaleandretailtradesectorinthethirdquarterof2023,comparedwith988inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberoftransportationandstoragecompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberoftransportationcompanyinsolvenciesinEnglandandWales2019-2023300250242229198199191200150100501831831831561551441361301261231069987680Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202328Description:Therewere199companyinsolvenciesinEnglandandWales'transportationandstoragesectorinthethirdquarterof2023,comparedwith242inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofinformationandcommunicationcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofinformationandcommunicationinsolvenciesinEnglandandWales2019-2023400350347350300250200150100503243233202952892662592532322232202131991841631571360Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202329Description:Therewere347companyinsolvenciesinEnglandandWales'informationandcommunicationsectorinthethirdquarterof2023,comparedwith323inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofcompulsoryliquidationsinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofcompulsoryliquidationsinEnglandandWales2019-20239008147818007006005004003002001000732734701673677668645504382341303202159147117114101Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202330Description:Therewere734compulsoryliquidationsinEnglandandWalesduringthethirdquarterof2023,comparedwith645inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberoffinancialandinsuranceactivitiescompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberoffinanceandinsuranceinsolvenciesinEnglandandWales2019-2023160138140120100801071041039494928888858382767675737165656040200Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202331Description:Therewere103companyinsolvenciesinEnglandandWales'financialandinsuranceactivitiessectorinthethirdquarterof2023,comparedwith107inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofrealestatecompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofrealestateinsolvenciesinEnglandandWales2019-20232502001502082071761741661571491351331321111101101069310050088836866Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202332Description:Therewere174companyinsolvenciesinEnglandandWales'realestatesectorinthethirdquarterof2023,comparedwith207inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofprofessional,scientificandtechnicalactivitiescompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofprofessionalactivitiesinsolvenciesinEnglandandWales2019-20236005254844785004003002001000474468450443415389349342334318316276267232232223Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202333Description:Therewere484companyinsolvenciesinEnglandandWales'professional,scientificandtechnicalactivitiessectorinthethirdquarterof2023,comparedwith484inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofadministrativeandsupportservicecompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofadministrativeservicesinsolvenciesinEnglandandWales2019-20237005895865846005004003002001000566545541530525510467468427420423366357333290274Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202334Description:Therewere566companyinsolvenciesinEnglandandWales'administrativeandsupportserviceactivitiessectorinthethirdquarterof2023,comparedwith586inthepreviousquarter.

ReadmoreNote(s):Q12019toQ32023Source(s):GOV.UKNumberofpublicadministration,defenseandcompulsorysocialsecuritycompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofpublicadministrationservicesinsolvenciesinEnglandandWales2019-20231412121089887776665554443322200Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202335Description:ThereweresevencompanyinsolvenciesinEnglandandWales'publicadministration,defenseandcompulsorysocialsecuritysectorinthethirdquarterof2023,comparedwitheightinthepreviousquarter.

ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofeducationcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofeducationinsolvenciesinEnglandandWales2019-2023100908778807573707064646060534850403020100444442343231313026Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202336Description:Therewere78companyinsolvenciesinEnglandandWales'educationsectorinthethirdquarterof2023,comparedwith87inthepreviousquarter.ReadmoreNote(s):UnitedKingdom(England,Wales);Q12019toQ32023Source(s):GOV.UKNumberofhumanhealthandsocialworkcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofhealthandsocialworkinsolvenciesinEnglandandWales2019-20231601401401291271221201008060402001141121021019890898584838359565142Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202337Description:Therewere127companyinsolvenciesinEnglandandWales'humanhealthandsocialworksectorinthethirdquarterof2023,comparedwith114inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom;Q12019toQ32023Source(s):GOV.UKNumberofarts,entertainmentandrecreationcompanyinsolvenciesinEnglandandWalesfrom1stquarter2019to3rdquarter2023NumberofartsandentertainmentinsolvenciesinEnglandandWales2019-20231401201171201008060402001141131131111081029291918686777369686352Q12019Q2

2019Q3

2019Q4

2019Q1

2020Q2

2020Q3

2020Q4

2020Q1

2021Q2

2021Q3

2021Q4

2021Q1

2022Q2

2022Q3

2022Q4

2022Q1

2023Q2

2023Q3

202338Description:Therewere113companyinsolvenciesinEnglandandWales'arts,entertainmentandrecreationsectorinthethirdquarterof2023,comparedwith120inthepreviousquarter.

ReadmoreNote(s):UnitedKingdom;Q12019toQ32023;*ProvisionaldataNotSeasonallyAdjustedThedatacorrespondtoactivitiesdefinedinSectionR,SIC2007.ThisstatisticusingoriginaldatafromtheGovernmentDigitalServiceandincludesSource(s):GOV.UK[...]

ReadmoreCHAPTER

04GlobalcomparisonsYear-on-yeargrowthinglobalbusinessinsolvenciesfrom2008to2023,byregion(withpredictionsfor2024)Annualgrowthinglobalbusinessinsolvenciesbyregion2008-2023NorthAmericaLatinAmericaWesternEuropeCentralandEasternEuropeAfricaAsiaPacificGlobally80%60%40%20%0%-20%-40%2008200920102011201220132014201520162017201820192020202120222023*

2024*40Description:Followingtherisingglobalinflation,businessinsolvenciesareforecasttoincreaseinallworldregionsin2023,increasingbyalmost50percentinNorthAmerica.Followingasha

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