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Company Liquidations

Volume 84: debated on Friday 25 October 1985

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asked the Secretary of State for Trade and Industry how many firms have gone into receivership or

BankruptciesCompany Liquidations
Coventry County CourtCounty Courts in West Midlands RegionTotal England and WalesEngland and Wales
1979182643,5004,537
1980273254,0386,890
1981283705,1518,596
1982434925,70012,067
1983606197,03213,406
1984687008,22913,721
1985*474505,03310,753
* To September.
The bankruptcy figures cover all individuals and partnerships; receiving orders, administration orders and deeds of arrangement are included. Approximately three quarters of all bankruptcies relate to unincorporated businesses. Figures for bankruptcies after 1 October 1984 are not comparable with earlier periods because of changes in monetary limits on bankruptcy proceedings and deposits on petitions. Company liquidations include both compulsory and creditors' voluntary liquidations. Figures of company liquidations are not analysed by area.