Key findings: P0043 - Statistics of Liquidations and insolvencies, October 2020

The total number of liquidations increased by 33,2% in the three months ended October 2020 compared with the three months ended October 2019. A year-on-year increase of 20,8% was recorded in October 2020. 

Compulsory liquidations increased by 21 cases and voluntary liquidations increased by 16 cases.The total number of liquidations decreased by 4,7% in the first ten months of 2020 compared with the first ten months of 2019.

 

The estimated number of insolvencies decreased by 57,7% in the third quarter of 2020 compared with the third quarter of 2019. There was a year-on-year decrease of 38,3% in September 2020.

 Seasonally adjusted insolvencies increased by 30,8% in September 2020 compared with August 2020. This followed month-on-month changes of 30,0% in August 2020 and -21,1% in July 2020.