Official Statistics

Monthly Insolvency Statistics, March 2021

Monthly company and individual insolvency statistics for England & Wales and Northern Ireland, and monthly company statistics for Scotland, in response to the coronavirus (COVID-19) pandemic.

• From: The Insolvency Service
• Published: 15 April 2021

Documents

Commentary - Monthly Insolvency Statistics March 2021

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Data Tables in Excel (xlsx) Format - Monthly Insolvency Statistics March 2021

MS Excel Spreadsheet, 298 KB

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Data Tables in OpenDocument Spreadsheet (ods) Format - Monthly Insolvency Statistics March 2021

ODS, 238 KB

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Methodology and Quality Document - Monthly Insolvency Statistics March 2021

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Pre-Release Access List - Monthly Insolvency Statistics March 2021

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Details

Company insolvencies

The number of registered company insolvencies in March 2021 was 992:

• 20% lower than the number registered in the same month in the previous year (1,236 in March 2020), and
• 37% lower than the number registered two years previously (1,586 in March 2019).

Individual insolvencies

For individual insolvencies, the number of bankruptcies in March 2021 was 1,028, while the number of Debt Relief Orders was 1,591. Both were 31% lower than in March 2020 and 34% lower than in March 2019.

There were, on average, 6,388 Individual Voluntary Arrangements registered per month in the three-month period ending March 2021:

• 24% higher than for the three-month period ending March 2020, and
• 2% higher than the three-months ending March 2019.

Published 15 April 2021