HC Deb 08 November 1976 vol 919 c31W
Mr. Adley

asked the Secretary of State for Trade how many firms went into liquidation in the 12 months October 1973 to September 1974, October 1974 to September 1975 and October 1975 to September 1976.

Mr. Clinton Davis

The numbers of company liquidations in the United Kingdom during the relevant periods are as follows:

Total Of which, members' voluntary liquidations
1st October 1973 to 30th September 1974 7,367 4,084
1st October 1974 to 30th September 1975 9,294 4,053
1st October 1975 to 30th September 1976 10,752 4,613

Company liquidations comprise compulsory liquidations and creditors' voluntary liquidations, in which the company is insolvent, and members' voluntary liquidations, in which the company is not insolvent. The figures are for liquidations begun during the periods.

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