Top Service News
January 2024 Insolvency Statistics
Published on
There were 1769 company insolvencies registered for January 2024, reported by the Insolvency Service.
Made up by:
339 compulsory liquidations
1294 creditors voluntary liquidations
120 administrations
16 CVA’s
Compared to January 2023, there has been a 5% increase in company insolvencies in January 2024.
A proactive approach to credit management will help to support businesses through what is expected to be a difficult first quarter of 2024.
Understanding what credit management information, tools and services are available to your business will help you to achieve your business financial goals.