Statistics and Analysis Directorate:Statistics Release – 6 May 2024
6. INSOLVENCIES IN SCOTLAND (not seasonally adjusted)
Individuals
Companies
Years Sequestrations Total Compulsory Liquidations Creditors’ Voluntary
Liquidations
1997
2,502
477
254
223
1998
3,016
566
338
228
1999
3,195
572
364
208
2000
2,965
583
344
239
2001
3,048
602
378
224
2002
3,215
788
556
232
2003
3,328
631
436
195
2004
3,297
621
431
190
1997
Q1
619
126
66
60
Q2
658
125
66
59
Q3
589
117
61
56
Q4
636
109
61
48
1998
Q1
702
150
79
71
Q2
756
151
93
58
Q3
830
124
82
42
Q4
728
141
84
57
1999
Q1
776
153
83
70
Q2
807
136
89
47
Q3
842
144
98
46
Q4
770
139
94
45
2000
Q1
751
136
75
61
Q2
751
153
92
61
Q3
712
139
85
54
Q4
751
155
92
63
2001
Q1
709
166
102
64
Q2
750
141
82
59
Q3
839
108
75
33
Q4
750
187
119
68
2002
Q1
832
240
170
70
Q2
797
175
123
52
Q3
834
184
139
45
Q4
752
189
124
65
2003
Q1
799
183
133
50
Q2
858
168
118
50
Q3
845
154
109
45
Q4
826
126
76
50
2004
Q1
720
153
95
58
Q2
851
147
110
37
Q3
923
168
113
55
Q4
803
153
113
40
2005
Q1
p
908
140
103
37
Percentage change, latest qtr on corresponding qtr of previous year
2005
Q1
p
26.1
-8.5
8.4
-36.2
p provisional The Bankruptcy (Scotland) Act 1993, amending the Bankruptcy (Scotland) Act 1985, came into force on 1 April 2024 and will have affected the number of sequestrations in the Scottish Courts from the second quarter of 1993 onwards.
Last updated on 19 April, 2006
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