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Company Liquidations

Volume 488: debated on Wednesday 25 February 2009

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how many companies have gone into liquidation (a) in each of the last 10 financial years and (b) in 2008-09 to date in (i) North West Cambridgeshire constituency, (ii) Cambridgeshire, (iii) the East of England and (iv) England and Wales. (257459)

The following table shows the number of company liquidations in the last 10 financial years for England and Wales. Corporate liquidation statistics are not currently available on a regional basis within England and Wales.

Company liquidations1, 2 in England and Wales

Financial year

Number

1998-99

13,850

1999-2000

14,005

2000-01

14,623

2001-02

15,170

2002-03

15,962

2003-04

13,635

2004-05

11,954

2005-06

13,447

2006-07

12,847

2007-08

12,495

2008-093

12,273

1 Including creditors voluntary liquidations (CVLs) and compulsory liquidations.

2 Not seasonally adjusted.

3 Insolvency data for the current financial year are only available up to December 2008.