Company liquidations in the UK increased 23% in Q2 2018 compared to Q2 2017         

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Data released from Dun & Bradstreet reveals that year-on-year, the number of companies liquidated in the three months to June rose to 4,148 from 3,372 of the same period the previous year, an increase of 23%.

Dun & Bradstreet’s UK Q2 Industry Report, which looks at data from April to June, found Retail and Construction to be the sectors most susceptible and at high risk of failure & payment delinquency.

Of all the sectors, Retail Trade recorded the sharpest increase in the number of liquidations in Q2, up by 23.5% on Q1.

Year-on-year total retail insolvencies increased by 36.7%, and a robust increase in retail sales over the same period was not enough to prevent a quarterly rise in the number of bankruptcies. The data also revealed a small but noticeable rise in the number of construction companies liquidating in Q2. Overall, 688 companies liquidated in Q2, compared with 662 in Q1.

Commenting on the results, Markus Kuger, Senior Economist at Dun and Bradstreet, said: “With uncertainty rising over the next months, ahead of the final stages of the Brexit negotiations, we expect retail sales growth to remain modest in the quarters ahead as consumer spending continues to be restrained. A slowdown in sales growth means that the number of liquidations could rise in the coming quarters. Indeed, the uncertainty surrounding the retail sales outlook remains high. However, the still-low unemployment rate will continue to provide a boost to domestic sales volumes.”

Kuger continued: “The construction industry plays an important role in the UK economy; the entire sector contributes some £90bn in gross value added to the UK economy and supports 2.9m jobs. Lower momentum in this sector is likely to weigh on real GDP growth in the quarters ahead.

“With the number of insolvencies increasing, especially for the UK’s retail and construction companies, businesses should keep a close eye on the Brexit negotiations as international trade and investment regulations will depend on their outcome in the long term. It’s also important to monitor the UK’s payments performance, which has been poorer than the European average for several quarters, as this could have a detrimental impact on a business’ finances and increase its risk of failure.”

To read the full UK Q2 Industry Report, please get in touch with [email protected]