Business: Insolvency
(asked on 13th October 2020) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what is the number of business liquidations which remain incomplete after (1) 5 years, (2) 10 years, and (3) 15 years or more, after their commencement.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
These figures are made up of private limited, public limited and unlimited companies. Companies House does not register details of sole traders etc and cannot provide information about them.
The number of private limited, public limited and unlimited company liquidations which remain incomplete after (1) 5 years (2) 10 years, and 3 (15) years is as follows:
Between 5 and 9 Years | Between 10 and 14 Years | 15 Years and More |
7,962 | 3,642 | 14,328 |