Insolvency statistics for April 2016

2016 1st Quarter Appointment Figures

Bar graph of insolvency stats

 

 

  • There were 231 appointments in March 2016. 215 liquidations and 16 receiverships were recorded. The volume of liquidations is marginally down from last year while the number of receivership appointments was slightly up.
  • Total insolvency appointments stand at 678 for the year to date.
  • Applications made to the High Court to liquidate companies in March 2016 totalled 82 making a total for the year of 278. This is consistent with previous years.

totals

 

 

How does 2016 compare thus far to the last five years?

market-commentary-insolvency-appointments---newsletter

2016 First Quarter

Administration – 5

Liquidation – 636

Receivership – 37

Total – 678

 

 

Grand Total: 2011 – 2016 (thus far)

Administration – 62

Liquidation – 13027

Receivership – 991

Total – 14080

 

What are your thoughts on the first quarter insolvency statistics? Any feedback, inquiries or comments are welcome. Please email Simon at sdalton@gerryrea.co.nz.

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