IRRV Alert - week ending 18th June 2021
News
Reports
Monthly Insolvency Statistics, May 2021 (15 June 2021)
Official Statistics
Monthly Insolvency Statistics, May 2021
Monthly company and individual insolvency statistics for England and Wales, as well as Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic.
- From:
- The Insolvency Service
- Published
- 15 June 2021
Documents
Commentary - Monthly Insolvency Statistics May 2021
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Data Tables in Excel (xlsx) Format - Monthly Insolvency Statistics May 2021
MS Excel Spreadsheet, 328KB
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Data Tables in Open Document Spreadsheet (ods) Format - Monthly Insolvency Statistics May 2021
ODS, 228KB
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Methodology and Quality Document - Monthly Insolvency Statistics May 2021
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Pre-Release Access List - Monthly Insolvency Statistics May 2021
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Details
The number of registered company insolvencies in May 2021 was 1,011:
- 7% higher than the number registered in the same month in the previous year (946 in May 2020), and
- 25% lower than the number registered two years previously (pre-pandemic; 1,352 in May 2019).
For individuals, 718 bankruptcies and 1,525 Debt Relief Orders were registered. The number of Bankruptcies was similar to May 2020 and 50% lower than during May 2019. DRO numbers were similar to May 2020, but 33% lower than in May 2019 (pre-pandemic).
There were, on average, 7,393 IVAs registered per month in the three-month period ending May 2021, which is similar to both the three-month periods ending May 2020 and May 2019.
Published 15 June 2021