R3 Value of the Insolvency Industry

ComRes interviewed 429 insolvency practitioners across the UK, all of whom are members of R3.

Date Published: 30 Apr 2013

Categories: Business | Professionals | Public Sector | UK

Description

 

 

 

ComRes interviewed 429 insolvency practitioners across the UK, all of whom are members of R3. The interviews were conducted online between 12th December 2012 and 22nd January 2013 as part of the R3 quarterly membership survey. The results have been used to extrapolate and model all IPs in the UK.

In particular, part of the survey addressed the detail of the nature of the last five corporate insolvency cases that respondents had worked on. These cases have been used to model the state of UK businesses which have gone through insolvency procedures. Combined with analysis using data from the Office of National Statistics and the Insolvency Service, this allows us to calculate the value of the insolvency industry through its multifarious contributions to the wider economy.

Where the report produced references the ONS, this data is from 2010, which is the most up-to-date data available.