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Policy Directorate: Statistics Release - 3 February 2006

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6. INSOLVENCIES IN SCOTLAND (not seasonally adjusted)
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� � Individuals � Companies � �
Years � � Sequestrations � Total Compulsory Liquidations Creditors' Voluntary Liquidations
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1998 � � 3,016 � 566 338 228
1999 � � 3,195 � 572 364 208
2000 � � 2,965 � 583 344 239
2001 � � 3,048 � 602 378 224
2002 � � 3,215 � 788 556 232
2003 � � 3,328 � 631 436 195
2004 � � 3,297 � 621 431 190
2005 p � � 4,965 � 569 420 149
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1998 Q1 � 702 � 150 79 71
Q2 � 756 � 151 93 58
Q3 � 830 � 124 82 42
Q4��� 728 � 141 84 57
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1999 Q1 � 776 � 153 83 70
Q2 � 807 � 136 89 47
Q3 � 842 � 144 98 46
Q4� � 770 � 139 94 45
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2000 Q1 � 751 � 136 75 61
Q2 � 751 � 153 92 61
Q3 � 712 � 139 85 54
Q4 � 751 � 155 92 63
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2001 Q1 � 709 � 166 102 64
Q2 � 750 � 141 82 59
Q3 � 839 � 108 75 33
Q4 � 750 � 187 119 68
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2002 Q1 � 832 � 240 170 70
Q2 � 797 � 175 123 52
Q3 � 834 � 184 139 45
Q4 � 752 � 189 124 65
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2003 Q1 � 799 � 183 133 50
Q2 � 858 � 168 118 50
Q3 � 845 � 154 109 45
Q4 � 826 � 126 76 50
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2004 Q1 � 720 � 153 95 58
Q2 � 851 � 147 110 37
Q3 � 923 � 168 113 55
Q4 � 803 � 153 113 40
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2005 Q1 � 908 � 140 103 37
Q2 � 1,307 � 159 120 39
Q3 � 1,461 � 151 115 36
Q4 p 1,289 � 119 82 37
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2005 Q4 p 60.5 � -22.2 -27.4 -7.5
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p provisional � � � � � �
The Bankruptcy (Scotland) Act 1993, amending the Bankruptcy (Scotland) Act 1985, came into force on 1 April 1993 and will have affected the number of sequestrations in the Scottish Courts from the second quarter of 1993 onwards.

Last updated on 31 January, 2006

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