Accredited official statistics

Individual Insolvency Statistics: January to March 2021

Statistics on new individual insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland

• From: The Insolvency Service
• Published: 30 April 2021

Documents

Commentary - Individual Insolvency Statistics January to March 2021

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Summary - Individual Insolvency Statistics January to March 2021

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Methodology and Quality Document - Individual Insolvency Statistics January to March 2021

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Data Tables in Excel (xlsx) Format - Individual Insolvency Statistics January to March 2021

MS Excel Spreadsheet, 1.26 MB

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Data Tables in Open Document Spreadsheet (ods) Format - Individual Insolvency Statistics January to March 2021

ODS, 179 KB

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Long-Run Series in CSV Format - Individual Insolvency Statistics January to March 2021

CSV, 30.3 KB

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Trader Bankruptcies by Industry in Excel (xlsx) Format - Individual Insolvency Statistics January to March 2021

MS Excel Spreadsheet, 928 KB

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Trader Bankruptcies by Industry in Open Document Spreadsheet (ods) Format - Individual Insolvency Statistics January to March 2021

ODS, 211 KB

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Pre-Release Access List - Individual Insolvency Statistics January to March 2021

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Details

• One in 425 adults (a rate of 23.5 per 10,000 adults) entered insolvency between 1st April 2020 and 31st March 2021. This is a decrease from the 25.3 per 10,000 adults who became insolvent during the 12 months to 31st March 2020.

• During Q1 2021, there were 29,140 (seasonally adjusted) individual insolvencies, comprised of 22,354 individual voluntary arrangements (IVAs), 4,143 Debt Relief Orders (DROs) and 2,643 bankruptcies.

• After seasonal adjustment, the number of insolvencies was 5% lower than in Q4 2020, with numbers of IVAs, DROs and bankruptcies all lower.

• The number of bankruptcies and DROs have remained low since the start of the first UK lockdown in March 2020, when compared with pre-pandemic levels. This is likely to be partly driven by government measures put in place in response to the coronavirus (COVID 19) pandemic, including enhanced government financial support for companies and individuals.

Published 30 April 2021