The Insolvency Service has released the official figures for the third quarter of 2013. Generally the statistics seem promising with liquidations and personal insolvencies down on the same period in 2012.
Compulsory - 964
Creditors Voluntary - 2911
Receivership’s - 253
Administrations - 544
Company Voluntary Arrangements - 152
Bankruptcy Orders - 6004
Debt Relief Orders - 6632
Individual Voluntary Arrangements - 13,394
Full information on the statistics can be found on the Insolvency Service website.
To view the figures from quarter 2, please click here
If you or your clients would like advice on a liquidation matter, please call Paul Bailey or Tom Ahmad on 020 8662 6070 for confidential advice.