After the last bankruptcy reform, bankruptcies for natural persons remain above 4,000 quarterly.
MADRID, 11 Ago. (EUROPA PRESS) –
The number of bankrupt debtors reached 5,934 in the second quarter of 2023, which represents an increase of 108.06% compared to the same period of the previous year, and an increase of 21.23% compared to the previous quarter, according to the ‘Statistics of Bankruptcy Procedure’ of the College of Registrars.
According to the report published this Friday, bankruptcies of legal persons, companies, only increased by 18.3% compared to the same period of the previous year, while those of individuals shot up 161.3%.
Of the 5,934 debtors declared bankrupt in the second quarter, 1,255 are companies and legal entities, and 4,679 are individuals, representing 21.1% and 78.9%, respectively, of the total number of debtors. According to the legal form, 90.2% of the insolvent companies are Limited Liability Companies.
By type of contest, 5,602 volunteers (297.9% more than in the second quarter of 2022), 296 consecutive (79.3% less), and 36 necessary (227.3% more than in the same quarter of 2022).
According to the report, 39.4% of the companies declared bankrupt are in the lowest bracket of business volume (up to 250,000 euros), and only 7.5% exceed 2 million euros per year.
According to the Registrars’ study, 26% of the companies declared bankrupt have Commerce as their main economic activity, 15.8% Construction, and 14.7% the Manufacturing Industry.
Regarding the number of employees, 47.9% of the total companies declared bankrupt have less than six and, among these, 17.7% have no employees.
For their part, 24.7% of the total companies declared bankrupt in the second quarter were 20 or more years old, while 47.3% were eight or less years old.
The autonomous communities with the highest number of debtors insolvent in the second quarter of 2023 are Catalonia (1,714), Comunidad Valenciana (996), Madrid (824) and Andalucía (560), concentrating almost seven out of ten debtors insolvent in them.
Aragon is the only Community that presents an annual decrease in the number of bankrupts compared to the same period of the previous year (-6.9%); while Extremadura, Ceuta and Melilla and La Rioja registered the highest annual increases (762.5%, 700% and 409.1% respectively).
