May (and a bit of April) 2025 Corporate Insolvency Statistics

Corporate insolvencies increased by almost 8% in May 2025 compared to April, taking the overall figure again to above 2,000 for the month, this is a 15% increase on this same period in 2024.

Construction remains a vulnerable sector, with over 15% of that total occurring within the industry for April. A little more detailed information on that here courtesy of BCIS;

https://bcis.co.uk/news/construction-insolvencies-latest-news/

Tom Russell, Vice President of R3, noted the various factors affecting the May figures both geopolitically, citing ongoing US tariffs, and domestically, especially the rise in NI and National Minimum Wage.

He goes on to repeat the same mantra that I always seem to sign these updates off with; seek advice as soon as possible. Early intervention facilitates the best chance of a constructive and sensible outcome for everybody concerned, and is the very reasoning behind what we do here at Green Corporate.