HC Deb 08 March 1994 vol 239 cc208-9W
Mr. Austin Mitchell

To ask the President of the Board of Trade how many compulsory insolvencies distinguishing between companies and personal bankruptcies were dealt with by insolvency practitioners in 1991–92, 1992–93 and 1993–94.

Mr. Neil Hamilton

The number of compulsory insolvencies passed to insolvency practitioners and the number of final accounts received from them on conclusion of their administration were as follows:

1991–92 Cases to Final 1992–93 Cases to Final 1993–94 Cases to Final
IPs a/c's IPs a/c's IPs1 a/c's2
Bankruptcy 5,150 2,844 5,258 3,024 4,125 2,969
Companies 1,514 927 1,417 1,030 1,119 1,015
Total 6,664 3,771 6,675 4,054 5,244 3,984
1 9 months to 31 December 1993
2 11 months to 28 February 1994