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CRS Team

UK company insolvencies 2022

The increase in insolvencies over Q2 2021 grew by 81% over the same quarter last year and 13% over the previous quarter. This result is numerically the largest since Q3 2009. in 2020 there was negative growth in bankruptcies of British companies. In contrast, a steady increase in the number of new bankruptcies was already noted in 2021.

How does the situation look in numbers?
Q2 2022 – 5,629 business insolvencies

What is the forecast?
As Atradius Collections informs us, the second half of 2022 will continue to bring new bankruptcies. There will only be a slowdown in 2023 and 2024.

We are keeping a close eye on all analysis and forecasts.
Remember, to avoid liquidity shortages, come to us and insure your receivables. We will help in every aspect of securing them.
CRS Team