The number of companies filing for administration across Scotland spiked in the third quarter of 2022, as economic headwinds continued to buffet businesses.
Interpath Advisory analysis of notices in The Gazette showed that 14 companies based in Scotland fell into administration from July to September – up from only three during April to June.
This mirrors the wider UK picture, where 265 companies fall into administration from July to September – up from 176 during the same period in 2021, and up from 243 in the third quarter of 2020.