IRRV Alert - week ending 16th April 2021
News
Monthly Insolvency Statistics, March 2021 (15 April 2021)
Official Statistics
Monthly Insolvency Statistics, March 2021
Monthly company and individual insolvency statistics for England & Wales and Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic.
From:
Published:
15 April 2021
Documents
Commentary - Monthly Insolvency Statistics March 2021
HTML
Data Tables in Excel (xlsx) Format - Monthly Insolvency Statistics March 2021
MS Excel Spreadsheet, 298KB
This file may not be suitable for users of assistive technology.
Request an accessible format.
Data Tables in OpenDocument Spreadsheet (ods) Format - Monthly Insolvency Statistics March 2021
ODS, 238KB
This file is in an OpenDocument format
This file may not be suitable for users of assistive technology.
Request an accessible format.
Methodology and Quality Document - Monthly Insolvency Statistics March 2021
HTML
Pre-Release Access List - Monthly Insolvency Statistics March 2021
HTML
Details
Company insolvencies
The number of registered company insolvencies in March 2021 was 992:
- 20% lower than the number registered in the same month in the previous year (1,236 in March 2020), and
- 37% lower than the number registered two years previously (1,586 in March 2019).
Individual insolvencies
For individual insolvencies, the number of bankruptcies in March 2021 was 1,028, while the number of Debt Relief Orders was 1,591. Both were 31% lower than in March 2020 and 34% lower than in March 2019.
There were, on average, 6,388 Individual Voluntary Arrangements registered per month in the three-month period ending March 2021:
- 24% higher than for the three-month period ending March 2020, and
- 2% higher than the three-months ending March 2019.
Published 15 April 2021