Key findings: P0043 - Statistics of Liquidations and insolvencies, April 2021

The total number of liquidations was 158 in April 2021, following zero liquidations in April 2020. There were no liquidations reported by the Companies and Intellectual Property Commission in April 2020 due to the COVID-19 lockdown. An increase of 78,6% was recorded for the three months ended April 2021 compared with the three months ended April 2020.The total number of liquidations increased by 55,3% in the first four months of 2021 compared with the first four months of 2020.

 

The estimated number of insolvencies decreased by 40,6% in March 2021 compared with March 2020. A 48,0% decrease was estimated in the first quarter of 2021 compared with the first quarter of 2020. Seasonally adjusted insolvencies increased by 18,9% in March 2021 compared with February 2021. This followed month-on-month changes of -43,4% in February 2021 and -40,2% in January 2021.