Statistics

Recent insolvency statistics

Insolvency procedures

June 2025

Chart image showing the Insolvency procedures, including bankruptcy, No Asset Procedures, Debt Repayment Orders, and Liquidations.

Bankruptcies No Asset Procedures (NAP) Debt Repayment Orders (DRO) Liquidations
66 40 11 39

Personal insolvency comparisons

Year ended 30 June 2025

Personal insolvency comparisons 2017/18 to 2024/25

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 2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25
Bankruptcy 1,486 1,319 1,101 782 525 526 628 698
No Asset Procedure 1,464 1,218 1,121 894 519 476 413 405
Debt Repayment Order 362 353 349 307 197 132 138 120
Totals 3,312 2,890 2,571 1,983 1,241 1,134 1,179 1,223

Liquidation figures

Year ended 30 June 2025

Liquidation figures 2017/18 to 2024/25

2017/18 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25
117 86 58 69 97 251 381 586