Insolvency Results To June 2022 Summary
The insolvency results to June 2022 show that total company insolvencies dropped for the third consecutive month from March 2022.
Consistent with this pattern the number of Creditors Voluntary Liquidations (accounting for more than 86% of company insolvencies in April, May and June 2022) also dropped for the third month in a row.
Administrations Insolvency Results To June 2022
For quarter 2 to June 2022 Administrations exist but their numbers reduced to under a 100 cases a month.
Company Voluntary Arrangements So Far In 2002
The number of Company Voluntary Arrangments is now so low that referring to them appears otiose.
Company Insolvencies By Industry Sector
It can be seen that company insolvencies by industry sector are dominated by the construction sector which accounts for 19% of business insolvencies.
Bankruptcies In Six Months To June 2022
The number of bankruptcies has been reasonably stable each month but there was a notable drop in June 2022.
Individual Voluntary Arrangements In Six Months To June 2022
The number of Individual Voluntary Arrangements in the six months to June 2022 was reasonably stable but increased substantially after January 2022. The numbers were over 8,000 in March 2022 and then fell back a bit.
Debt Relief Order In Six Months To June 2022
The number of Debt Relief Orders in the six months to June 2022 was reasonably stable varying between around 1,800 a month to 2,500.
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Disclaimer: Insolvency Results To June 2022
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