Insolvency Statistics – March 2021

The Insolvency Service have today released the statistics for March 2021

There were 992 company insolvencies in March 2021, which was a drop of20% on March 2020, when there were 1,236.

There were 1,591 debt relief orders granted and 1,028 bankruptcies, around a 31% decrease on the March 2020 figures.

Redman Nichols Butler can now carry out extremely cost effective insolvency procedures. For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or to take advantage of our free consultation and business health check, please telephone Stella Flemmings on 01377 257788 and she will make you an appointment with one of our insolvency professionals at our Driffield, Hull, Grimsby, Scunthorpe or York offices.  Meetings can be held virtually or in any of our offices whilst observing the socially distancing guidelines.

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