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Company insolvencies show 9% annual increase

The Journal

|

April 26, 2025

THE Insolvency Service has revealed that 1,992 company insolvencies were registered in England and Wales in March, marking a 9% annual rise.

Company insolvencies over the past 12 months have been slightly lower than in 2023, which saw a 30-year high annual number, but have remained high relative to historical levels.

John Cullen, a business recovery partner at Menzies, said: "Our message would be for businesses to act early if they anticipate financial trouble."

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