According to recent data, there were 103 company insolvencies registered in Scotland in September, representing a 41% increase compared to the same month last year.
No company voluntary arrangements or receivership appointments were recorded. The data from Accountant in Bankruptcy, Scotland's insolvency service, also revealed that between June 2020 and September 2025, there were 3 restructuring plans and 1 moratorium in Scotland.
The total insolvency rate in Scotland over the past 12 months was 52.2 per 10,000 companies, a decrease of 0.3 from the previous 12 months.
Next month's Budget will be decisive in shaping the near-term operating landscape, said Michelle Elliot, restructuring advisory partner at FRP in Glasgow.
Author's summary: Scotland's corporate insolvencies increased by 41% in September.