Statistics

Recent insolvency statistics

Insolvency procedures

April 2024

Bankruptcies No Asset Procedures (NAP) Debt Repayment Orders (DRO) Liquidations
65 31 19 34

Personal insolvency comparisons

Year ended 30 June 2023

Personal insolvency comparisons 2015/16 to 2022/23

The Insolvency Act 2006 was implemented on 3 December 2007. As from this date the Official Assignee began administering No Asset Procedures (NAP) and Debt Repayment Orders (DRO).

Procedure 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23
Bankruptcy 1,995 1,863 1,486 1,319 1,101 782 525 526
No Asset Procedure 1,563 1,349 1,464 1,218 1,121 894 519 476
Debt Repayment Order 312 304 362 353 349 307 197 132
Totals 3,870 3,516 3,312 2,890 2,571 1,983 1,241 1,134

Liquidation figures

Year ended 30 June 2023

Liquidation figures 2015/16 to 2022/23

2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23
148 120 117 86 58 69 97 251