Appointment Statistics

The following graphs show the numbers of notices of appointment published in the Gazette on a weekly basis.  Therefore, they likely lag a week or so behind the actual dates of appointment.  The graphs are updated each week.

The figures for voluntary dissolution applications (i.e. those initiated by the company) have been drawn from the Office for National Statistics. Liquidations pale into insignificance against this population: over the past 12 months, there were over 300,000 voluntary dissolution applications but only c.35,000 liquidations (all types).

CVLs have always been the most popular insolvency process, but they are far more dominant now than they were just before the pandemic: the number of CVLs in Feb 2024 was 50% larger than the number in Feb 2020 (i.e. based on the number of Gazette notices in that month). Compulsories have picked up as well: the number in Feb 2024 was 33% higher than in Feb 2020.  However, ADM numbers have changed little: they were only 9% higher in Feb 2024 than in Feb 2020.

Looking at more recent trends:

  • CVLs had a 9% increase over 2023 compared with 2022.
  • MVLs have continued their downward trend, being 6% lower in 2023 compared with 2022.
  • Although 2023 was a good year for ADMs with a +3-year high of 64 in the week to 07/10/23, overall the numbers are lower for 2024. 
  • WUCs are still on the increase (aside from the Christmas/New Year pause).
  • 2023 BKYs were up on 2022 by 16%, but what my graphs don’t show is that the number of DROs in the 6 months to Jan-24 was four times the number of BKYs over the same period – see the Insolvency Service’s monthly figures at www.gov.uk/government/collections/monthly-insolvency-statistics