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Insolvency Figures For First Quarter of 2015

Posted on 7 May 2015

The Insolvency Service has released insolvency statistics for the first quarter of 2015 confirming the downward trend in the number of corporate and personal insolvencies.

Creditors' Voluntary Liquidations (CVL's) are at their lowest since Q2 of 2008 and Administrations (ADM) at their lowest since 2004. 

With the general election taking place today, it will be interesting to see how the outcome will affect insolvency figures going forward.

 

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Having just used Byrne Associates to handle my company's liquidation I can't recommend them highly enough. All the stress, fear and worry, not to mention all the onerous paperwork, was taken care of in a friendly, yet highly professional manner

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