PARLIAMENTARY WRITTEN QUESTION
(15 January 2025)

Question Asked

To ask the Secretary of State for Business and Trade, what data his Department holds on the number of businesses that have closed involuntarily in each month of the last five years.

Asked by:
Alison Griffiths (Conservative)

Answer

Official statistics on company involuntary dissolutions are published quarterly. These are made publicly available online by Companies House. We have extracted and produced the relevant yearly figures for your convenience below:

Financial Year

Struck off and dissolved

2023/24

631,742

2022/23

557,240

2021/22

557,653

2020/21

425,594

2019/20

497,639

The statistics for October to December 2024 will be published in the next quarterly release on 30 January 2025 at 9:30am.

The most recent complete datasets can be found here:

Incorporated companies in the UK July to September 2024 - GOV.UK

Statistics for previous periods are available here.


Answered by:
()

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.