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Insolvency index

McTear Williams & Wood launched its quarterly business index in October 2008, which monitors the number of corporate insolvencies in East Anglia.  In good times and bad one of the frustrations facing East Anglia's business managers is a lack of reliable information on the health of the local economy.  Most statistics are either national or for the East of England which can bear little resemblance to what is being experienced on the ground at county level.

 

The index tracks all corporate insolvencies other than Court initiated compulsory liquidations.  We have done this so the index better represents the health of SME businesses in the local economy.  Compulsory liquidations tend to be used to wind up micro businesses, Court orders can be made four to six months after the business has ceased trading and they do not arise consistently throughout the year.

 Insolvency chart for website 19.11.12 0001

Click on the links below to view news items relating to insolvency statistics throughout East Anglia and London.

26/05/2011 East Anglia sees fall in company failures
22/02/2011 Firms are warned of tougher times ahead
15/12/2010 Region sees big increase in insolvencies
11/08/2010 Business failures continue to decline
11/08/2010 Company failures low despite downturn
07/08/2010 Insolvency figures show drop in business failures
26/05/2010 The number of failing businesses is still falling
25/02/2010 Company solvencies drop 29%
18/02/2010 Good news for economic recovery
18/02/2010 New hope of a recovery
18/08/2009 Investors help secure Cambridge's recovery
14/08/2009 Contradictory figures suggest a blip in trend toward insolvency
12/05/2009 Fewer firms going bust
12/05/2009 East Anglian Business Index confirms that the economic downturn is hitting local businesses
03/05/2009 East Anglia hit hard by recession
10/02/2009 Corporate Insolvencies double - Quarter four 2008 results
08/10/2008 Insolvency index results - Quarter three 2008 results
 

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