Firms in critical financial distress across the UK
The number of businesses in critical financial distress rose by more than a quarter during the final three months of 2023.
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Your support makes all the difference.The latest Red Flag Alert report from Begbies Traynor has revealed that more than 47,000 firms have started 2024 in critical financial distress.
Here is a list of the companies seen as being on the edge of collapse by region:
London – 14,221
South East – 7,884
Midlands – 5,696
North West – 4,951
Yorkshire – 3,303
South West – 3,271
East of England – 2,960
Scotland – 2,245
Wales – 1,360
North East – 836
Northern Ireland – 747