§ Mr. McMahonasked the Secretary of State for Trade how may liquidations were declared during the year May 1979 to May 1980; what figures are available for the first quarter of 1981; and if he will break these figures down as between (a) compulsory liquidations and (b) voluntary liquidations, giving separate figures for England, Wales and Scotland.
§ Mr. EyreNumbers of company liquidations are given in the table below. I regret that figures for England and Wales separately are not available.
303W
12 months May 1979 to April 1980 1st quarter 1981 England and Wales Compulsory liquidations 2359 1017 Creditors' voluntary liquidations 2682 1595 Members' voluntary liquidations* 3800† 1295 Scotland Compulsory liquidations 83 36 Creditors' voluntary liquidations 184 66 Members' voluntary liquidations* 241 72 * in members voluntary liquidations, the company is not insolvent; † approximate figure.