Breakdown of firm closures by reason
Over the 12 months to August 2019, 603 Recognised Sole Practitioners, Recognised Bodies and Licensed Bodies (also know as Alternative Business Structures) have closed.
Closure figures have been updated to include all reasons for closure, such as, ceased practising, mergers, splits and change of status. Previous figures reported related only to firms that had ceased practising. A breakdown of closure reasons for the 12 month period to September 2019 can be seen on the chart below.
Data for breakdown of firm closures by reason September 2018 to August 2019
Percentages and figures in this report may include rounding differences.
|Date(s)||Ceased Practising||Merged/Amalgamated||Change of status||Split||Other||Total|
|August 2018 to July 2019||328