Recovery and Insolvency Services

2016 last quarter insolvency statistics

31/01/2017 by Webmaster

The number of Scottish registered companies becoming insolvent or entering receivership marginally decreased in the third quarter of 2016-17, with 209 companies becoming insolvent compared with 218 in the previous quarter.The number of members’ voluntary liquidations (solvent liquidations) increased from 106 to 151.

Whilst the outlook for the North-East of Scotland is slightly improved, continued fall out can be expected in the oil and gas sector as the impact of low oil prices continues to work its way down the supply chain.

The Accountant in Bankruptcy published statistics on personal and corporate cases and the link will take you to the AiB's website.


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