What sources does Taxxa search?

Taxxa searches a continuously updated collection of more than one million pages from tax authorities, government publications, legislation and case law across the European jurisdictions it covers. Every response cites the underlying material, so a professional can inspect the rule, its jurisdiction and whether it is current before relying on the result.

Can Taxxa work with a team’s own documents?

Yes. Research can combine the public knowledge base with a team’s own PDF, DOCX, CSV and TXT files in one workspace. That makes it possible to compare a client document with the relevant guidance, trace a conclusion to its source and prepare a draft without losing the evidence that supports it.

Who is Taxxa built for?

Accountants, auditors, tax advisors, payroll specialists, bookkeepers and advisory teams working across European jurisdictions. Shared workspaces keep research available to colleagues, and citations make review easier.

Where is customer data stored, and is it used to train models?

Customer data stays in the European Union and is never used to train language models.

Does Taxxa replace professional judgement?

No. Taxxa is a research and drafting workspace. It helps professionals reach an informed starting point faster; the professional still reviews the evidence and makes the final decision. It does not file returns, post bookkeeping entries or give legal advice.

United KingdomGOV.UK

Company insolvencies fall to 1,882 in September 2026

September total was 4% below August and 5% below a year earlier; compulsory liquidations rose while administrations fell 44% on the month.

By Taxxa AI OyPublished 20 October 2026

Public Sector & Economy

Industry: Across industries

1,882 registered company insolvencies were recorded in England and Wales in September 2026GOV. That total was 4% lower than 1,953 in August 2026GOV and 5% lower than 1,973 in September 2025GOV. Monthly totals for each of the first nine months of 2026 were below the average for the preceding three years.

The September total comprised 341 compulsory liquidations, 1,420 creditors' voluntary liquidations, 102 administrations and 19 company voluntary arrangements, with no receivership appointments. Creditors' voluntary liquidations were at a similar level to August 2026 and below the September 2025 level, while compulsory liquidations were higher than in both comparison months. Administrations were 44% lower than in August 2026GOV and 20% lower than in September 2025.

Administration numbers have been volatile in recent months because more than 250 connected companies in the Real Estate sector entered administration between March and August 2026GOV. That cluster lifted administration counts through that periodGOV, so month-to-month movements in administrations do not reflect a change in the underlying rate for unrelated companies.

One in 200 companies entered insolvency in the 12 months to 30 September 2026GOV, at a rate of 49.9 per 10,000 companies on the effective registerGOV. That compares with 52.8 per 10,000 in the 12 months to 30 September 2025GOV. The rate is calculated on a 12-month rolling basis as a proportion of companies on the effective register, which smooths single-month volatility and shows the longer-term trend.

The rolling rate remains above the lows of 2020 and 2021 but far below the 2008-09 recession peak of 113.1 per 10,000 companiesGOV. The number of companies on the effective register has more than doubled since that peak, so a similar number of insolvencies now produces a much lower rate.

The figures are the official Insolvency Service monthly company-insolvency statisticsGOV for England and Wales for September 2026GOV.

Benchmark portfolio distress against the 49.9 per 10,000 rolling insolvency rate and strip out the Real Estate connected-company cluster before resetting provisions.

Sources