HC Deb 15 March 1967 vol 743 c101W
Mr. J. H. Osborn

asked the President of the Board of Trade what was the number of companies, and the approximate capital assets involved in the hands of the Official Receiver on 1st January, 1965, 1st January, 1966, and 1st January, 1967.

Mr. Darling

The numbers of compulsory liquidations being administered in England and Wales by Official Receivers and non-official liquidators were as follows:

Official Receivers Non-official liquidators
On 1st January, 1965 1,701 1,315
On 1st January, 1966 1,863 1,344
On 1st January, 1967 2,027 1,448

The approximate figures of balances on the accounts of such liquidations as at 1st January, 1967, were:

Official Receivers £1 million
Non-official liquidators £4½ million
respectively.

I regret that figures for the two preceding years could not be obtained without an undue expense of time.

Mr. J. H. Osborn

asked the President of the Board of Trade what was the number of companies liquidated by the Official Receiver and the value of the assets realised during the year ended 31st December, 1966, 31st December, 1965, and 31st December, 1964, respectively.

Mr. Darling

The numbers of compulsory winding-up orders made in England and Wales were as follows:

1964 724
1965 805
1966 934

I regret that the values of the assets realised in each of these three years could not be ascertained without an undue expense of time.