Company insolvencies have increased and experts predict this to continue

Company insolvencies have gone up by 7.4% in quarter 4 of 2011, compared to the same period in 2010.

Compulsory liquidations increased by 14.1% between quarter 3 and quarter 4 of 2011, however, increased at a rate of 16.1% compared to the same period in 2010. Company Voluntary Liquidation (CVL’s) have risen by 3.4% based on the same period in 2010.

Other corporate insolvencies have registered a 5.3% increase between 2010 and 2011’s levels, including receivership's, administrations and Company Voluntary Arrangements (CVA’s).

The figures show that in 2011, on average, one in 138 companies were liquidated.

Do not let things reach the stage where your company would have no other option, give companies like Beer & Young a ring today to discuss private investment.