Insolvency: Greater London
(asked on 11th October 2022) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what estimate he has made of the number of company insolvencies that took place in London in the second quarter of the year, for each of the last five years.
The data used for insolvency statistics is compiled from information at Companies House. The registered office address for a company may not be representative of its trading location, and often it is changed upon insolvency to the address of the appointed Insolvency Practitioner dealing with the case. Subject to these caveats, the table below sets out the data on estimated company insolvencies in the second quarter, 1st April to 30th June, in London in each year from 2017 to 2022.
Estimated number of company insolvencies in London in Q2 (April to June) 2017 to 2022
Source: Insolvency Service and Companies House
Year | Q2 (London) [1] | Q2 (England & Wales) |
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2017 | 768 | 3498 |
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2018 | 921 | 3970 |
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2019 | 1018 | 4239 |
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2020 | 608 | 2884 |
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2021 | 685 | 3145 |
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2022 | 1183 | 5501 |
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[1] Location is based on registered company address, which may not be representative of a company’s trading location. |
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