CCR Magazine

You are here  :Home arrow News arrow Business "in fine fettle" post Brexit as CCJs plunge
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Business "in fine fettle" post Brexit as CCJs plunge PDF Print E-mail
Tuesday, 07 February 2017
The number of county court judgments (CCJs) against businesses in England and Wales fell to the lowest level on record during 2016, according to figures released today by Registry Trust.  

Registry Trust is the non-profit organisation which collects judgment information from jurisdictions across the British Isles and Ireland. In England and Wales, it operates the Register of Judgments, Orders and Fines on behalf of the Ministry of Justice. A judgment is incontrovertible proof of unmanaged debt.

CCJs registered against businesses in England and Wales fell 21 percent to 78,739 in 2016, continuing a six-year downward trend.

In the second half of 2016 there were fewer CCJs against businesses than in any other half-year on record, suggesting businesses have been managing their debts better since the vote to leave the European Union on June 23.

The total value of business CCJs fell 17 percent to £278m, while the average value of a business judgment rose by five percent to £3,535.

The trends between incorporated and generally smaller unincorporated businesses were broadly consistent. The main difference was that the average non-corporate CCJ fell by 9 percent, more in line with value trends for consumer judgments.

Judgments against businesses in the High Court similarly fell to a record low, with only 71 registered in 2016. The average value, however, rose 155 percent to almost £2m.

“Facing the uncertainties of Brexit, business in England and Wales gives every impression of being in fine fettle,” said Registry Trust chairman Malcolm Hurlston CBE. “If there was any expectation of immediate difficulty the judgment information points if anything in the opposite direction.”

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197