HC Deb 16 May 1996 vol 277 c561W
Mr. John D. Taylor

To ask the Secretary of State for Northern Ireland how many businesses in Northern Ireland have ceased trading(a) voluntarily and (b) involuntarily in each of the past five years. [28589]

Mr. Ancram

The following information relates to companies for the period 1 April 1990 to 31 March 1995. The companies and insolvency report for the year ended 31 March 1995 contains further data and is available in the Library of the House.

Companies which commenced winding up proceedings Companies struck off the companies register
Year to 31 March Members voluntary Creditors voluntary Court (Compulsory) Total
1991 58 57 77 192 647
1992 57 69 100 226 787
1993 51 82 85 218 678
1994 50 76 74 200 522
1995 51 50 75 176 489

These figures do not include unregistered businesses which ceased trading voluntarily or involuntarily.