Key findings: P0043 - Statistics of Liquidations and insolvencies, March 2016

The total number of liquidations recorded decreased by 22,6% (47 fewer cases) year-on-year in March 2016. Compulsory liquidations decreased by 25 cases and voluntary liquidations decreased by 22 cases.

The number of liquidations showed a 2,6% decrease in the first quarter of 2016 compared with the first quarter of 2015.Company liquidations decreased by 6,2% (from 260 to 244) and close corporation liquidations increased by 1,2% (from 242 to 245) during this period.

The estimated number of insolvencies decreased by 3,9% in February 2016 compared with February 2015. The number of insolvencies estimated in the three months ended February 2016 compared with the three months ended February 2015 showed an increase of 2,7% (from 633 to 650).