Insolvent Liquidations at Record High

Now that 2025 has drawn to a close, various stats are finding their way out into the public domain. Business owners may or may not be surprised that there were more compulsory liquidations last year than at any point in since the double-dip recession of 2012.

Insolvent Liquidations

• 18,525 – Creditors voluntary liquidations
• 3,730 – Creditors compulsory liquidations
• 1,495 – Administrations
• 186  – Company Voluntary Arrangements

Solvent Liquidations

Expected to be around 12,500 Members voluntary liquidations

It is not entirely clear why it was such a bad year for business, but recent increases to NI rates and National Minimum Wage rates will not have helped in what is generally a tough market. On top of this HMRC currently have more appetite to pursue unpaid tax debts through the Courts.

Disclaimer - All information in this post was correct at time of writing.