Insolvency Service enforcement outcomes released

The Insolvency Service has released the latest data on new outcomes obtained as a result of enforcement activities between April 2016 and March 2017.

The data shows that:

  • The total number of directors disqualified for misconduct remained around the same as in 2015/16 (1,214 director disqualifications were obtained, compared with 1,210 in the previous year).
  • The average obtained period of disqualification remained around the same as in 2015/16 (5.8 years, compared with 5.9 in the previous year).
  • The number of bankruptcy and debt relief restrictions increased for the first time since 2013/14 (up 10 per cent when compared with the previous year), coinciding with an increase in the number of bankruptcies.
  • The average period of bankruptcy restrictions remained in line with long-term trends, at 5.3 years.

Read more: Insolvency Service enforcement outcomes