Insolvencies in Third Quarter 2002


Statistics showing insolvencies in the third quarter 2002 were published 1 November by the Department of Trade and Industry.

COMPANY INSOLVENCIES

There were 3,873 company insolvencies in England and Wales in the third quarter of 2002 on a seasonally adjusted basis. This was a decrease of 6.1% on the previous quarter and an increase of 5.2% on the same period a year ago.

1.1% of active companies became insolvent in the twelve months ended Q3 2002, the same as the previous quarter and the corresponding quarter in 2001.



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Posted on Nov 5, 2002
Region: UK