Insolvency Figures Latest — Quarter 4, 2008
Number of Insolvencies in England and Wales (seasonally adjusted)
| 2008 Q4 Change on: | |||||||
|---|---|---|---|---|---|---|---|
| Type of Insolvency | 2007 Q4 | 2008 Q1 | 2008 Q2 | 2008 Q3 | 2008 Q4 | Q3 2008 | Q4 2007 |
| Company Liquidations | 3,039 | 3,189 | 3,560 | 4,001 | 4,607 | 15.1% | 51.6% |
| Compulsory | 1,162 | 1,106 | 1,324 | 1,483 | 1,562 | 5.3% | 34.4% |
| Creditors Voluntary | 1,877 | 2,084 | 2,236 | 2,518 | 3,045 | 20.9% | 62.2% |
| Receiverships | 92 | 159 | 177 | 270 | 261 | -3.3% | 183.7% |
| Administrations | 575 | 859 | 938 | 1,007 | 2,018 | 100.4% | 251.0% |
| Company Voluntary Arrangements | 91 | 140 | 131 | 167 | 149 | -10.8% | 63.7% |
| Individuals | 24,854 | 25,054 | 24,553 | 27,087 | 29,444 | 8.7% | 18.5% |
| Bankruptcies | 15,636 | 15,492 | 15,297 | 17,341 | 19,100 | 10.1% | 22.2% |
| IVAs | 9,218 | 9,562 | 9,256 | 9,746 | 10,344 | 6.1% | 12.2% |
Source: The Insolvency Service (10th February 2009)
