The UK reported 2,000 registered company insolvencies in September 2025, a 2% decrease from August 2025 but a slight increase of 2% compared to September 2024, illustrating the ongoing pressures facing UK businesses amid challenging economic conditions.
Of the 2,000 registered company insolvencies in September, there were:
Figure 1: The total number of company insolvencies in September 2025
Sources: Insolvency Service (compulsory liquidations only); Companies House (all other insolvency procedures).
In September 2025, CVLs accounted for 79% of all company insolvencies. The number of CVLs was similar to both August 2025 and the same month last year (September 2024).
The number of compulsory liquidations in September 2025 was 9% lower than in August 2025, but 17% higher than in September 2024 and 4% higher than the 2024 monthly average.
The number of CVAs in September 2025 was 6% higher than in August 2025 and the same as in September 2024. Numbers remain low compared to historical levels.
The six industries that experienced the highest number of insolvencies in the 12 months to August were:
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CoCredo’s Managing Director, Dan Hancocks, says, “The number of companies going insolvent in September 2025 has stayed the same. This shows that the business environment is relatively stable. However, businesses still face ongoing challenges, such as economic pressures and downturns in specific sectors.
Many businesses are choosing to voluntarily liquidate, which means they are winding down their operations in a structured way. This trend is likely due to reasons such as too many competitors in the market, declining profits, or shifts in strategy within different industries.
The increase in compulsory liquidations compared to last year raises concerns about how creditors are acting and whether current debt recovery methods are working. This may show that creditors are being more aggressive in pursuing insolvency actions.”
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