2017 Company Insolvency Annual Statistics England ... - Gov.uk

2017 Company Insolvency Annual Statistics England & Wales Underlying company insolvencies increased in 2017 compared with 2016… Total company insolvencies

2017 Total

Including bulk insolvencies (BIs)* Exc. BIs*

Creditors’ voluntary liquidations (CVLs)

Inc. BIs* Exc. BIs*

% change from 2016

17,243 15,112

4.2% 2.5%

12,861 10,730

8.2% 6.3%

Compulsory liquidations

2,799

4.5%

Other company insolvencies

1,583

8.4%

0

5,000

10,000

15,000

25,000 Total company insolvencies

20,000

…driven by an increase in underlying CVLs Inc. BIs*

15,000

Exc. BIs*

Creditors’ voluntary liquidations

Inc. BIs* Exc. BIs*

10,000 Compulsory liquidations

5,000

Other company insolvencies

0 2007

2009

2011

In 2017, one in 213 companies entered liquidation (In 2016: one in 215)

2013

2015

2017

* Two bulk insolvencies composed of an estimated 2,131 connected companies entered creditors’ voluntary liquidation (CVL) in 2017, following changes to claimable expense rules. For further information on figures in this infographic, see: https://www.gov.uk/government/statisti cs/insolvency-statistics-october-todecember-2017