Insolvency

House of Lords written question – answered on 12th February 2004.

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Photo of Lord Chadlington Lord Chadlington Conservative

asked Her Majesty's Government:

How many insolvencies there have been each year since 1996.

Photo of Lord Sainsbury of Turville Lord Sainsbury of Turville Parliamentary Under-Secretary (Science and Innovation), Department of Trade and Industry, Parliamentary Under-Secretary (Department of Trade and Industry) (Science and Innovation)

The table below gives total insolvencies broken down by company and individual insolvencies for each year from 1996 to 2003.

Year Total Insolvencies Individual Insolvencies Company Insolvencies
1996 39,732 26,271 13,461
1997 37,051 24,441 12,610
1998 37,752 24,549 13,203
1999 43,089 28,809 14,280
2000 43,845 29,528 14,317
2001 44,747 29,775 14,972
2002 46,892 30,587 16,305
2003 50,512 36,328 14,184

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