Statistics showing insolvencies in the second quarter 2001 are
published today by the Department of Trade and Industry.
Company Insolvencies
There were 3,789 company insolvencies in England and Wales in the
second quarter of 2001 on a seasonally adjusted basis. This was an
increase of 2.6% on the previous quarter and an increase of 9.3% on
the same period a year ago.
1.1% of active companies became insolvent in the twelve months ended
Q2 2001, the same as the previous quarter and the corresponding
quarter in 2000.
Individual Insolvencies
There were 7,634 individual insolvencies in England and Wales in the
second quarter of 2001 on a seasonally adjusted basis. This was an
increase of 2.7% on the previous quarter and an increase of 1.6% on
the same period a year ago.
Number of Insolvencies in England and Wales (seasonally adjusted)
Percentage change
