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The implications of voluntary liquidations post-Covid

By Simon Walsh, Partner, and Helen Young, Associate in the Commercial Litigation and Dispute Resolution Team at SA Law

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The Insolvency Service’s statistics for January 2022 reported 1,560 company insolvencies in England and Wales, and shows a huge split between 1,358 company instigated creditors’ voluntary liquidations (CVLs) and just 118 compulsory liquidations started in court by creditors.  The latest CVL figure is 122% up from January 2021 and 34% up on the pre-pandemic equivalent in January 2020.

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