Register today to access recent news and articles.

UK insolvencies rise as unpaid invoices and energy costs hit SMEs

insolvency

UK business insolvencies have increased by 7% month-on-month, highlighting mounting pressure on SMEs as cashflow conditions tighten.

Businesses are now owed an average of £66,770 in unpaid invoices, with many forced to write off significant sums due to non-payment.

“The latest figures show how tough trading conditions remain,” said Derek Ryan of Bibby Financial Services.

Rising energy costs and late payments are adding further strain, increasing the risk of financial distress across the SME sector.

The data reinforces the importance of receivables finance and working capital solutions in helping businesses manage liquidity challenges.

To top
BCR Publishing
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.