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Policy Directorate:
Statistics Release - 3 February 2006
6. INSOLVENCIES IN SCOTLAND (not seasonally adjusted) |
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Individuals |
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Companies |
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Years |
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Sequestrations |
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Total |
Compulsory Liquidations |
Creditors' Voluntary Liquidations |
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1998 |
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3,016 |
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566 |
338 |
228 |
1999 |
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3,195 |
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572 |
364 |
208 |
2000 |
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2,965 |
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583 |
344 |
239 |
2001 |
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3,048 |
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602 |
378 |
224 |
2002 |
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3,215 |
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788 |
556 |
232 |
2003 |
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3,328 |
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631 |
436 |
195 |
2004 |
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3,297 |
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621 |
431 |
190 |
2005 p |
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4,965 |
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569 |
420 |
149 |
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1998 |
Q1 |
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702 |
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150 |
79 |
71 |
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Q2 |
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756 |
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151 |
93 |
58 |
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Q3 |
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830 |
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124 |
82 |
42 |
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Q4 |
728 |
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141 |
84 |
57 |
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1999 |
Q1 |
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776 |
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153 |
83 |
70 |
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Q2 |
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807 |
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136 |
89 |
47 |
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Q3 |
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842 |
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144 |
98 |
46 |
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Q4 |
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770 |
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139 |
94 |
45 |
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2000 |
Q1 |
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751 |
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136 |
75 |
61 |
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Q2 |
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751 |
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153 |
92 |
61 |
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Q3 |
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712 |
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139 |
85 |
54 |
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Q4 |
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751 |
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155 |
92 |
63 |
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2001 |
Q1 |
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709 |
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166 |
102 |
64 |
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Q2 |
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750 |
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141 |
82 |
59 |
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Q3 |
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839 |
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108 |
75 |
33 |
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Q4 |
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750 |
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187 |
119 |
68 |
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2002 |
Q1 |
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832 |
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240 |
170 |
70 |
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Q2 |
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797 |
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175 |
123 |
52 |
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Q3 |
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834 |
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184 |
139 |
45 |
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Q4 |
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752 |
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189 |
124 |
65 |
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2003 |
Q1 |
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799 |
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183 |
133 |
50 |
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Q2 |
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858 |
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168 |
118 |
50 |
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Q3 |
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845 |
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154 |
109 |
45 |
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Q4 |
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826 |
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126 |
76 |
50 |
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2004 |
Q1 |
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720 |
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153 |
95 |
58 |
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Q2 |
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851 |
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147 |
110 |
37 |
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Q3 |
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923 |
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168 |
113 |
55 |
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Q4 |
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803 |
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153 |
113 |
40 |
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2005 |
Q1 |
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908 |
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140 |
103 |
37 |
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Q2 |
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1,307 |
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159 |
120 |
39 |
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Q3 |
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1,461 |
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151 |
115 |
36 |
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Q4 |
p |
1,289 |
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119 |
82 |
37 |
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2005 |
Q4 |
p |
60.5 |
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-22.2 |
-27.4 |
-7.5 |
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p provisional |
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The Bankruptcy (Scotland) Act 1993, amending the Bankruptcy (Scotland)
Act 1985, came into force on 1 April 1993 and will have affected the
number of sequestrations in the Scottish Courts from the second
quarter of 1993 onwards. |
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