⁽²⁾ Includes Law of Property Act receiverships. Receivership figures between Q1 2007 and Q1 2008 were previously revised to remove duplication, and are not consistent with those for the earlier period.

⁽³⁾ Includes administrator appointments and administrations under the Enterprise Act 2002.

⁽⁴⁾ Provisional.

Note:

It should be noted that it is possible for a company to enter into more than one procedure during the course of its insolvency. Apart from for the creditors' voluntary liquidation figures (following administration) shown, these procedures will be double counted. Therefore it is not valid to sum all insolvency procedures together and calculate a percentage of insolvent businesses, as to do this would count some companies more than once.

⁽¹⁾ The Insolvency Trade Classification (ITC) was used to classify trading-related bankruptcies (and company liquidations) until end September 2006. From October 2006 the Standard Industry Classification 2003 has been in use and there have been associated changes to the method used to identify traders among bankrupts. The period covered should not, therefore, be treated as a consistent time series.