The Insolvency Service has released its latest figures for company insolvencies in the UK for June 2025.
In June 2025, there were 2,043 registered company insolvencies in England and Wales. This represents an 8% decrease from May 2025, which had 2,230 insolvencies, and a 16% decrease compared to June 2024, when there were 2,430 insolvencies.
Of the 2,238 registered company insolvencies in May, there were:
Figure 1: The total number of company insolvencies in June 2025 was lower than in May 2025.
Sources: Insolvency Service (compulsory liquidations only); Companies House (all other insolvency procedures)
In June 2025, the number of compulsory liquidations decreased by 6% compared to May 2025. However, it was 13% higher than in June 2024 and 23% higher than the average monthly rate for 2024. In 2024, compulsory liquidations reached their highest levels since 2014, showing a 14% increase compared to the volumes recorded in 2023.
The number of administrations in June 2025 was 18% lower than in May 2025 and 35% lower than in June 2024.
The number of CVAs in June 2025 was 7% higher than in May 2025, but 35% lower than in June 2024. Numbers remain low compared to historical levels.
The five industries that experienced the highest number of insolvencies in the 12 months to May 2025 were:
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CoCredo’s Managing Director, Dan Hancocks, says, “Recent government figures show a modest decline in company insolvencies. In June, 2,043 businesses in England and Wales entered insolvency, which is 8% fewer than in May and a 16% decrease compared to the same month last year.
Despite this slight decline, experts are still cautious that 2025 is still projected to see over 24,000 insolvencies, putting additional pressure on already fragile sectors, particularly construction, hospitality, and retail.”
“While declining insolvency numbers are encouraging, it’s crucial for businesses to remain proactive. By actively monitoring the creditworthiness of suppliers and adapting strategies to manage potential risks, companies can navigate the ongoing volatility effectively.”
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