Hansard

Construction: Company Liquidations

Volume 504: debated on Thursday 28 January 2010

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Julia Goldsworthy

To ask the Secretary of State for Communities and Local Government how many construction firms have gone into liquidation or ceased trading for other reasons in each of the last 10 years, broken down by local authority area or the lowest geographical area for which data are available. (313978)

Ian Lucas

I have been asked to reply.

The available statistics for insolvencies in the “construction” industry are shown in Table 1. The smallest geographical area for which these statistics are available is England and Wales as a whole. We do not have information relating to firms which have ceased trading for other reasons.

Responsibility for statistics relating to business start-ups and closures (“births” and “deaths”) giving numbers of companies that have ceased trading (liquidations form part of these) has moved from the Department for Business to the Office for National Statistics (ONS).

Table 1: Company liquidations in England and Wales in the construction sector 1999-20081,2

Liquidations

1999

1,529

2000

1,474

2001

1,509

2002

1,840

2003

1,728

2004

1,653

2005

1,775

20063

1,409

20074

972

2008

2,702

1 Including compulsory liquidations and creditors' voluntary liquidations. 2 From July 2007, construction is defined within the SIC2003; up to September 2006 it is defined within the Insolvency Trade Classification. No statistics by sector are available from Q4 2006 to Q2 2007 inclusive due to the change in industry classification. 3 January to September only. 4 July to December only.