Individual insolvency statistics - April 2025

The April 2025 individual insolvency stats for England and Wales have been published by The Insolvency Service, together with related figures for Scotland and Northern Ireland.

Individual insolvency statistics for England and Wales – April 2025

In April 2025, 10,012 individuals entered insolvency in England & Wales. This was 8% higher than in March 2025 and 4% higher than in April 2024. The total amount of individual insolvencies consisted of:

5,586 individual voluntary arrangements (IVAs)
3,837 debt relief orders (DROs)
589 bankruptcies

IVAs

The number of IVAs was 9% higher than March 2025 and 7% higher than April 2024 after seasonal adjustment. IVA numbers in 2024 and the first four months of 2025 were slightly higher than in 2023 but lower than during 2022, which saw a record high annual number.

DROs

The number of DROs in April 2025 was 8% higher than in March 2025 and 70% higher than the long-term (2015 to 2024) monthly average.

Bankruptcies

The number of bankruptcies in April 2025 was 6% lower than in March 2025 and 11% lower than in April 2024. Bankruptcy numbers have declined since 2009 and fell further during the COVID-19 pandemic.

Bankruptcies in April 2025 consisted of:

446 resulting from debtors’ applications, which was similar to March 2025 but 14% lower than in April 2024.
143 resulting from creditors’ petitions, which was 19% lower than in March 2025 and similar to April 2024.

Individual insolvency statistics for Scotland – Q1 2025

The Accountant in Bankruptcy (AiB), Scotland’s Insolvency Service, administers individual insolvency in Scotland. The AiB produces individual insolvency statistics on a quarterly basis. Therefore, the numbers in this section are updated once every three months only.

In Q1 2025, there were 1,673 individual insolvencies in Scotland, which was 11% lower than in the same quarter of 2024. The individual insolvencies were comprised of:

1,078 protected trust deeds
595 sequestrations (of which 299 went into bankruptcy via the minimal asset process route)

Individual insolvency statistics for Northern Ireland – April 2025

In Northern Ireland in April 2025, there were 123 individual insolvencies, which was 10% higher than in April 2024. Of the total individual insolvencies, there were:

95 IVAs
16 bankruptcies
12 DROs

Please note, individual insolvency in Northern Ireland is governed by separate, but broadly similar, legislation to England and Wales, and so figures are presented separately.

Where can I see insolvency notices in The Gazette?

The Gazette is the primary source of both corporate insolvency and personal insolvency information in the UK and publishes this information in the form of insolvency notices, allowing transparency for the public, the credit industry and concerned individuals to quantify risk and inform creditors. You can view all corporate and personal insolvency notices on The Gazette website.

The Gazette also provides a Data Service which provides timely official company, insolvency and deceased estates information to aid data driven decision-making. As the UK’s official public record, our authorised data can help your business with:

KYC/due diligence
risk management
regulatory compliance
business development
business intelligence and strategy

For more information on The Gazette Data Service, contact the team on 01603 985949, email data@thegazette.co.uk or click on the link below.

Enquire now

Next insolvency statistics release

Figures for May 2025 will be released on 20 June 2025.

You can see all personal insolvency notices in The Gazette.

Find out more

Individual Insolvency Statistics April 2025 (GOV.UK)

The Insolvency Service (GOV.UK)

Accountant in Bankruptcy (AiB)

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Publication date

20 May 2025