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Businesses: Closures

Asked by Alison GriffithsConservativeDepartment for Business and TradeTabled Answered 20 January 2025UIN 24353

The question

To ask the Secretary of State for Business and Trade, what data his Department holds on the number of businesses that have closed voluntarily in each month of the last five years.

Answered by Justin Madders

Official statistics on company voluntary dissolutions are published quarterly. These are made publicly available online by Companies House. We have extracted and produced the relevant yearly figures from this publication for your convenience below:

Financial Year

Wound up voluntarily or subject to the supervision of the court under the Companies Act

2023/24

31,603

2022/23

28,711

2021/22

23,901

2020/21

24,287

2019/20

26,629

The statistics for October to December 2024 will be published in the next quarterly release on 30 January 2025 at 9:30am.

The most recent complete datasets can be found here:

Incorporated companies in the UK July to September 2024 - GOV.UK

Statistics for previous periods are available here.

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