The number of companies filing for administration in Scotland fell by a quarter in 2022, despite rising inflation, weaker trade and geopolitical uncertainty continuing to put businesses under pressure.
Analysis of notices in The Gazette by Interpath Advisory revealed that a total of 32 companies fell into administration in Scotland last year – down from 43 companies in 2021.
This trend has continued into 2023, with three administrations in January, compared to six in December.
