Key findings: P0043 - Statistics of Liquidations and insolvencies, June 2018

The total number of liquidations recorded was 154 in June 2018. Voluntary liquidations increased by 4,4% while compulsory liquidations decreased by 35,3% year-on-year in June 2018. The number of liquidations in the second quarter of 2018 increased by 3,3% compared with the second quarter of 2017.

There was an increase of 6,3% in the first six months of 2018 compared with the first six months of 2017. Company liquidations increased by 20,2% (from 416 to 500) and close corporation liquidations decreased by 6,9% (from 437 to 407) during this period.

The estimated number of insolvencies decreased by 5,8% year-on-year in May 2018. An 11,5% decrease was estimated in the three months ended May 2018 compared with the three months ended May 2017.