Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data his Department holds on the number of businesses that have closed involuntarily in each month of the last five years.
Answered by Justin Madders
Official statistics on company involuntary dissolutions are published quarterly. These are made publicly available online by Companies House. We have extracted and produced the relevant yearly figures for your convenience below:
Financial Year | Struck off and dissolved |
2023/24 | 631,742 |
2022/23 | 557,240 |
2021/22 | 557,653 |
2020/21 | 425,594 |
2019/20 | 497,639 |
The statistics for October to December 2024 will be published in the next quarterly release on 30 January 2025 at 9:30am.
The most recent complete datasets can be found here:
Incorporated companies in the UK July to September 2024 - GOV.UK
Statistics for previous periods are available here.
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data his Department holds on the number of involuntary business liquidations that have taken place each month of the last five years.
Answered by Justin Madders
The numbers of companies entering compulsory liquidation in each month since January 2019 are provided in monthly Official Statistics on company insolvency at Company insolvency statistics releases - GOV.UK and in the tables below.
England & Wales
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 317 | 295 | 51 | 124 | 204 | 339 |
February | 259 | 231 | 33 | 77 | 162 | 225 |
March | 237 | 175 | 33 | 140 | 302 | 230 |
April | 234 | 100 | 30 | 94 | 187 | 291 |
May | 272 | 32 | 34 | 141 | 195 | 248 |
June | 274 | 70 | 37 | 148 | 264 | 293 |
July | 250 | 175 | 44 | 137 | 249 | 336 |
August | 195 | 79 | 38 | 151 | 232 | 236 |
September | 228 | 49 | 32 | 219 | 255 | 221 |
October | 237 | 67 | 53 | 252 | 260 | 212 |
November | 270 | 37 | 54 | 296 | 364 | 340 |
December | 170 | 43 | 52 | 186 | 164 | [x] |
Source: Insolvency Service. [x] indicates not yet available
Scotland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 57 | 45 | 12 | 14 | 53 | 34 |
February | 51 | 44 | 7 | 10 | 22 | 33 |
March | 68 | 47 | 11 | 9 | 40 | 44 |
April | 66 | 17 | 9 | 17 | 41 | 48 |
May | 50 | 10 | 8 | 19 | 35 | 43 |
June | 45 | 21 | 14 | 8 | 36 | 43 |
July | 45 | 21 | 14 | 15 | 44 | 33 |
August | 49 | 18 | 11 | 38 | 33 | 42 |
September | 43 | 12 | 8 | 25 | 30 | 18 |
October | 55 | 10 | 11 | 19 | 35 | 60 |
November | 56 | 13 | 21 | 42 | 30 | 54 |
December | 47 | 21 | 17 | 22 | 40 | [x] |
Source: Companies House. [x] indicates not yet available
Northern Ireland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 7 | 21 | 2 | 2 | 1 | 8 |
February | 9 | 18 | 0 | 10 | 1 | 14 |
March | 25 | 12 | 0 | 7 | 2 | 8 |
April | 3 | 0 | 3 | 6 | 2 | 17 |
May | 35 | 0 | 1 | 3 | 2 | 22 |
June | 16 | 0 | 1 | 11 | 3 | 8 |
July | 12 | 1 | 1 | 1 | 3 | 5 |
August | 5 | 0 | 1 | 2 | 2 | 1 |
September | 28 | 0 | 0 | 2 | 25 | 15 |
October | 39 | 1 | 1 | 0 | 14 | 17 |
November | 22 | 0 | 2 | 2 | 13 | 3 |
December | 18 | 1 | 7 | 2 | 6 | [x] |
Source: Department for the Economy, Northern Ireland
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data his Department holds on the number of businesses that have closed voluntarily in each month of the last five years.
Answered by Justin Madders
Official statistics on company voluntary dissolutions are published quarterly. These are made publicly available online by Companies House. We have extracted and produced the relevant yearly figures from this publication for your convenience below:
Financial Year | Wound up voluntarily or subject to the supervision of the court under the Companies Act |
2023/24 | 31,603 |
2022/23 | 28,711 |
2021/22 | 23,901 |
2020/21 | 24,287 |
2019/20 | 26,629 |
The statistics for October to December 2024 will be published in the next quarterly release on 30 January 2025 at 9:30am.
The most recent complete datasets can be found here:
Incorporated companies in the UK July to September 2024 - GOV.UK
Statistics for previous periods are available here.
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what data his Department holds on the number of voluntary business liquidations that have taken place each month of the last five years.
Answered by Justin Madders
Voluntary liquidations consist of creditors’ voluntary liquidations (CVLs) and members’ voluntary liquidations (MVLs).
Tables 1 to 3 show monthly numbers of CVLs, based on Insolvency Service official statistics at Company insolvencies, November 2024 - GOV.UK.
Table 4 shows numbers of MVLs, based on Companies House official statistics at Incorporated companies in the UK July to September 2024 - GOV.UK. MVL data is not published on a monthly basis.
Table 1: Creditors’ voluntary liquidations by month, England & Wales
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 1,225 | 1,054 | 663 | 1,383 | 1,402 | 1,309 |
February | 852 | 991 | 638 | 1,351 | 1,539 | 1,726 |
March | 1,182 | 934 | 945 | 1,859 | 2,036 | 1,452 |
April | 1,045 | 973 | 847 | 1,810 | 1,371 | 1,853 |
May | 995 | 854 | 974 | 1,605 | 2,191 | 1,626 |
June | 1,058 | 593 | 1,164 | 1,472 | 1,773 | 1,906 |
July | 1,043 | 631 | 1,029 | 1,629 | 1,344 | 1,662 |
August | 1,007 | 628 | 1,302 | 1,683 | 1,905 | 1,555 |
September | 1,148 | 777 | 1,372 | 1,400 | 1,588 | 1,441 |
October | 1,108 | 719 | 1,275 | 1,608 | 1,910 | 1,514 |
November | 1,100 | 814 | 1,542 | 1,610 | 1,983 | 1,631 |
December | 823 | 1,085 | 1,383 | 1,676 | 1,749 | [x] |
Source: Companies House. [x] indicates not yet available
Table 2: Creditors’ voluntary liquidations by month, Scotland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 25 | 21 | 15 | 35 | 54 | 47 |
February | 23 | 36 | 16 | 61 | 63 | 58 |
March | 22 | 21 | 29 | 71 | 62 | 64 |
April | 31 | 26 | 29 | 73 | 64 | 59 |
May | 24 | 17 | 38 | 70 | 57 | 72 |
June | 22 | 20 | 61 | 66 | 74 | 60 |
July | 39 | 28 | 55 | 55 | 51 | 77 |
August | 27 | 21 | 76 | 66 | 72 | 57 |
September | 28 | 25 | 53 | 74 | 53 | 48 |
October | 20 | 27 | 54 | 56 | 59 | 51 |
November | 24 | 27 | 77 | 73 | 74 | 56 |
December | 36 | 26 | 75 | 85 | 66 | [x] |
Source: Companies House. [x] indicates not yet available
Table 3: Creditors’ voluntary liquidations by month, Northern Ireland
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
January | 8 | 3 | 1 | 12 | 11 | 17 |
February | 10 | 6 | 5 | 4 | 10 | 10 |
March | 7 | 11 | 5 | 13 | 9 | 15 |
April | 10 | 2 | 2 | 4 | 5 | 12 |
May | 4 | 3 | 6 | 17 | 8 | 20 |
June | 7 | 8 | 9 | 13 | 11 | 7 |
July | 7 | 8 | 12 | 10 | 8 | 11 |
August | 17 | 2 | 8 | 10 | 6 | 9 |
September | 7 | 8 | 9 | 18 | 9 | 10 |
October | 7 | 7 | 12 | 13 | 12 | 14 |
November | 6 | 8 | 6 | 16 | 10 | 10 |
December | 9 | 6 | 0 | 11 | 16 | [x] |
Table 4: Members’ voluntary liquidations by financial year, United Kingdom
Financial Year | Members' voluntary liquidations |
2023/24 | 11,507 |
2022/23 | 14,929 |
2021/22 | 11,824 |
2020/21 | 10,249 |
2019/20 | 9,240 |
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, pursuant to the Answer of 17 January 2024 to Question 19287 on Trade Agreements: India, whether talks have begun.
Answered by Douglas Alexander - Secretary of State for Scotland
UK-India trade talks will relaunch early this year, and work is underway across government to prepare for negotiations.
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many laptop computers procured for his Department have been (a) lost and (b) stolen in each of the last 12 months.
Answered by Justin Madders
The Department for Business and Trade figures for (a) lost and (b) stolen between start Jan 2024 and end Dec 2024 are:
(a) Lost = 31
(b) Stolen = 25
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what discussions he has had with businesses on the subsidy control regime.
Answered by Justin Madders
To date I have not met with business representatives directly to discuss the subsidy control regime, however my department would welcome the views of businesses in response to the current public consultation on refinements to the UK’s subsidy control regime. The consultation closes on 21 January 2025 and can be found at https://www.gov.uk/government/consultations/refining-the-uk-subsidy-control-regime.
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, what the net monetary value to business was of the removal of regulation in each year from 2010 to 2024.
Answered by Justin Madders
The Business Impact Target BIT, which was repealed by the previous government through the Retained EU Law (Revocation and Reform) Act, was the principal mechanism through which government made an estimate of the change in the total annual cost of regulation to business. The total impact of regulatory changes between 2011-2022 measured by equivalent annual net direct cost to business is estimated to be an increase of £6.2bn. This data is taken from annual BIT reports and for the period 2011-2015 the data also includes calculations by the National Audit Office of some regulatory changes outside the BIT’s remit.
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many mobile phones procured for use by his Department have been (a) lost and (b) stolen in each of the last 12 months.
Answered by Justin Madders
Date | Lost Phone | Stolen Phone |
Dec-23 | 12 | 3 |
Jan-24 | 17 | 0 |
Feb-24 | 12 | 2 |
Mar-24 | 13 | 0 |
Apr-24 | 19 | 0 |
May-24 | 16 | 2 |
Jun-24 | 11 | 4 |
Jul-24 | 10 | 3 |
Aug-24 | 14 | 0 |
Sep-24 | 14 | 1 |
Oct-24 | 20 | 2 |
Nov-24 | 18 | 3 |
Dec-24 | 7 | 2 |
Total (Jan 24- Dec 24) | 171 | 19 |
Asked by: Alison Griffiths (Conservative - Bognor Regis and Littlehampton)
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, how many visits (a) he and (b) Ministers in his Department have made to Northern Ireland since 5 July 2024.
Answered by Justin Madders
As of 17 December, the Secretary of State for Business and Trade and his ministerial team have not yet visited Northern Ireland, but plan to do so in the upcoming months.