Cookies disclaimer

I agree Our site saves small pieces of text information (cookies) on your device in order to deliver better content and for statistical purposes. You can disable the usage of cookies by changing the settings of your browser. By browsing our website without changing the browser settings you grant us permission to store that information on your device.


ENGLAND & WALES BUSINESS CCJs RISE FIFTY NINE PERCENT OVER THE YEAR

County Court Judgments (CCJs) against businesses in England and Wales rose by 59 percent in Q2 2021, compared to the same quarter in 2020, according to figures released today (27.07.2021) by Registry Trust.

The number of business CCJs increased from 12,597 in Q2 2020 to 20,014 in Q2 2021. The total value of CCJ debt owed by businesses rose by 38 percent, from £56 million to £78 million. The average value of business debt fell by nearly 13 percent from £4,481 to £3,905 while the median value fell by 43 percent from £1,845 to £1,042over the period.

The number of judgments against larger incorporated businesses increased by 68 percent, from 8,942 to 15,035 with the total value up from £45 million to £over £63 million. The average value fell by over 16 percent from £5,035 to £4,207 with the median value down 56 percent from £2,089 to £920.

CCJs against smaller unincorporated businesses also rose, up by 36 percent from 3,655 to 4,979, with the total value rising just over 30 percent from £11.4 million to £14.9 million. The average value fell slightly, down just over four percent from £3,125 to £2,993. The median value fell more, by 12 percent from £1,365 to £1,203.

The number of High Court Judgments against businesses fell by nearly two-thirds (63 percent) from 102 to 38, with the value 88 percent lower at £16 million compared to £136 million in the same period last year. The small number of registered High Court Judgments means these figures are subject to large fluctuations.

Mick McAteer, Chair of Registry Trust said: “Judgments against businesses in England and Wales saw large increases this quarter compared to the same period last year. At that time, interventions by government and regulators, and forbearance by creditors, in response to the Covid crisis had kept judgment numbers at historically low levels. But, as these measures were wound down, numbers began to rise again. It looks like Covid economic crisis is far from over for many businesses”.

-Ends-

Q2 2020 Q2 2021 Change (compared with 2020)
CCJs against all businesses
volume 12,597 20,014 58.9%
total value £56,449,319 £78,155,735 38.5%
average* value £4,481 £3,905 -12.9%
median £1,845 £1,042 -43.5%
CCJs against incorporated businesses
volume 8,942 15,035 68.1%
total value £45,026,738 £63,252,435 40.5%
average* value £5,035 £4,207 -16.5%
median £2,089 £920 -56%
CCJs against unincorporated businesses
volume 3,655 4,979 36.2%
total value £11,422,581 £14,903,300 30.5%
average* value £3,125 £2,993 -4.2%
median £1,369 £1,203 -12.1%
High Court judgments against all businesses
volume 102 38 -62.7%
total value £135,958,158 £16,297,179 -88%
average* value £1,332,923 £428,873 -67.8%
median £70,000 £115,278 64.7%
Satisfactions registered by all businesses
volume 2,549 2,388 -6.3%
total value £7,493,349 £8,966,267 19.7%
average* value £2,940 £3,755 27.7%
median £1,257 £1,463 16.4%

For more information contact

press@registry-trust.org.uk

0207 391 7287

www.registry-trust.org.uk

Notes for editors

Registry Trust is the Registrar for Judgments, Orders and Fines in England and Wales on behalf of the Ministry of Justice. The Register includes county court judgments, high court judgments, CSA liability orders, fine defaults and tribunal awards for England and Wales.

CCJs are removed from the register if paid in full within one calendar month of the judgment date, but will otherwise remain registered for six years. If fully paid outside the one calendar month, defendants can apply to have the judgment marked as ‘satisfied’ which will improve their credit rating.

Anyone may search for entries against a named person or business at a stated address or a corporate body in Great Britain, Northern Ireland and the Republic of Ireland by visiting Registry Trust’s website www.trustonline.org.uk or by writing to Registry Trust, 153-157 Cleveland Street, London W1T 6QW.