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Insolvency Statistics & Information – Q4 2013

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Here are the Insolvency figures, for the last quarter of 2013.

Richard Simms comments;
For a third consecutive quarter the insolvency statistics show a drop in corporate & personal insolvency figures across the majority of procedures within the UK. The next step for these companies that have survived the economic downturn and are trading more positively is to stay up to date with their market to ensure longevity in their business.

A drop in insolvency is a positive thing; however for businesses it means more competition from both new and long standing competitors. This is a chance for company directors to make some positive changes whether to their cash flow, marketing, reach of customer etc. and branch out to expand and develop their business that will stand strong against the increase in competition.

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Insolvency Stats Final Quarter 2013

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