During September, there were 103 company insolvencies registered in Scotland, 41% higher than the same month last year.

The total number of company insolvencies was comprised of 50 company voluntary liquidations, 48 compulsory liquidations and five administrations. There were no company voluntary arrangements or receivership appointments.

The latest figures from Accountant in Bankruptcy, Scotland’s insolvency service, also showed that between 26 June 2020 and 30 September 2025, there were three restructuring plans and one moratorium in Scotland.

The total insolvency rate in Scotland in the 12 months to September was 52.2 per 10,000 companies on the effective register - down by 0.3 from the preceding 12 months.

Michelle Elliot, restructuring advisory partner at FRP in Glasgow, commented

See Full Page