Publication - FOI/EIR release

Trust Deeds and Debt Arrangement Scheme statistics: FOI release

Published: 8 Oct 2019
Part of:
Public sector

Information request and response under the Freedom of Information (Scotland) Act 2002.

Published:
8 Oct 2019
Trust Deeds and Debt Arrangement Scheme statistics: FOI release
FOI reference: FoI/19/02109
Date received: 12 Sep 2019
Date responded: 8 Oct 2019
Information requested

You asked for the following information:

0. The total number of Trust Deeds granted per Trustee/Company/Practice from 01/01/2019 to 31/08/2019

1. The number of Trust Deed Form 1s registered with the AiB in 2018 and 2019, and which Company (Insolvency Practitioner/practice) registered the forms

2. The number of Trust Deeds registered with the AIB as protected in 2018 and 2019, and which Company (Insolvency Practitioner/practice) was responsible for registering same

3. The average debtor contribution payments per month, in a Trust Deed and in a Debt Arrangement Scheme case for 2018 and 2019

4. The average debt levels in a Trust Deed and in a Debt Arrangement Scheme case for 2018 and 2019.

Response

I enclose a copy of all the information you requested, detailed below and attached in the Excel spreadsheet. Note that while all the information requested is available, for some parts of your request there will be differences in time period requested.

The provisional 2019-20 Q2 data (covering the period July to September 2019) is currently being prepared as part of the Scottish Quarterly Insolvency Statistics 2019-20 Q2 report. This report will be published on Wednesday 23 October 2019, and further detailed statistics (subject to data availability and disclosure check control) will be available on request afterwards. Hence, under section 27(1) of FOISA we do not have to provide information which is already planned to be released.

Hence, data for 2019 is based on between 01 January 2019 and 30 June 2019.

0. The total number of Trust Deeds granted per Trustee/Company/Practice from 01/01/2019 to 31/08/2019

We do not hold information on the total number of trust deeds granted as records are not retained on trust deeds that are granted, but do not go on to be protected.

This is a notice under section 17 of FOISA that the information you have requested is not held.

1. The number of Trust Deed Form 1s registered with the AiB in 2018 and 2019, and which Company (Insolvency Practitioner/practice) registered the forms

The number of protected trust deeds (PTDs) advertised by company in 2018 and 2019 (01/01/2019 to 30/06/2019) is shown in the following table. Information is shown on a calendar year basis and based on the advertised date for the PTD.

Table 1: Protected trust deeds advertised by company: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)

Company PTDs advertised
2018  
Carrington Dean 2993
Harper McDermott 1543
Campbell Wallace Fraser 1219
KPMG 756
Hanover Insolvency 407
Campbell Dallas 247
Wylie & Bisset 239
William Duncan (Business Recovery) 209
Begbies Traynor 157
Wilson Andrews 112
Payplan Scotland 104
Grant Thornton UK 59
PTD Today 37
Murray Stewart Fraser 34
Pinnacle Insolvency 26
Other 88
Total PTDs advertised (2018) 8230
Company PTDs advertised
2019  
Carrington Dean 1800
Harper McDermott 1001
Campbell Wallace Fraser 631
KPMG 432
Wilson Andrews 345
Wylie & Bisset 116
Hanover Insolvency 106
Campbell Dallas 94
Begbies Traynor 63
William Duncan (Business Recovery) 53
Payplan Scotland 44
J3 Debt Solutions 41
Grant Thornton UK 34
Other 82
Total PTDs advertised (2019) 4842

(1) Displaying companies with 25 or more PTDs advertised.
(2) PTDs advertised based on advertised date.

2. The number of Trust Deeds registered with the AIB as protected in 2018 and 2019, and which Company (Insolvency Practitioner/practice) was responsible for registering same?

The number of PTDs protected by company in 2018 and 2019 (01/01/2019 to 30/06/2019) is shown in the following table. Information is shown on a calendar year basis and based on the protected date for the PTD.

Table 2: Protected trust deeds protected by company: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2), (3)

Company PTDs protected
2018  
Carrington Dean 2844
Harper McDermott 1278
Campbell Wallace Fraser 1113
KPMG 679
Hanover Insolvency 330
Wylie & Bisset 254
Campbell Dallas 214
William Duncan (Business Recovery) 166
Begbies Traynor 115
Payplan Scotland 89
Wilson Andrews 84
Grant Thornton UK 53
Murray Stewart Fraser 30
Other 76
Total PTDs protected (2018) 7325
Company PTDs protected
2019  
Carrington Dean 1564
Harper McDermott 931
Campbell Wallace Fraser 615
KPMG 365
Wilson Andrews 276
Campbell Dallas 117
Hanover Insolvency 116
Wylie & Bisset 101
William Duncan (Business Recovery) 65
Begbies Traynor 61
Payplan Scotland 41
Grant Thornton UK 31
KLM Chartered Accountants-Insolvency Practitioners 25
Other 74
Total PTDs protected (2019) 4382

(1) Displaying companies with 25 or more PTDs protected.
(2) PTDs protected based on protected date.
(3) Figures presented here may not be consistent with the official, quarterly Scottish Insolvency Statistics publication. These tables on based on data extracted from live databases at a different point in time. The quarterly statistics are the definitive source on the number of protected trust deeds.

3. The average debtor contribution payments per month, in a Trust Deed and in a Debt Arrangement Scheme for 2018 and 2019 (01/01/2019 to 30/06/2019)

The average (median) approximately monthly payment for PTDs and Debt Arrangement Scheme (DAS) case is shown in the following table.

Table 3: Median approximately monthly payment by statutory debt solution and year of protected/approved date: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)

Statutory debt solution 2018 (£) 2019 (£)
Protected trust deed(3) 140 -
Debt Arrangement Scheme 220 230

(1) Protected trust deed information is based on latest (actual payment) Form 4 as at 26 September 2019. Note only the total number of contribution ingathered and total realisation from contributions are available. It is not within AiB's remit to collect further information, including the frequency of contribution ingathered. Therefore, while care has been taken to ensure the PTD figure presented here is accurate as much as possible, caution is needed when interpreting this figure. Debt Arrangement Scheme information is based on eDEN administrative system for cases approved in between 01/01/2018 and 30/06/2019
(2) Figures rounded to nearest £10.
(3) Due to a very low number of Form 4 cases for 2019, figure is not shown.

4. The average debt levels in a Trust Deed and in a Debt Arrangement Scheme for 2018 and 2019

The average (median) debt level per month for PTDs and DAS cases is shown in the following table.

Table 4: Median debt level by statutory debt solution and year of protected/approved date: Scotland, annual data (calendar year), 2018 and 2019 (01/01/2019 to 30/06/2019)(1), (2)

Statutory debt solution 2018 (£) 2019 (£)
Protected trust deed 14800 15200
Debt Arrangement Scheme 16500 17200

(1) PTD information is based on Form 3 for PTDs protected in between 01/01/2018 and 30/06/2019. Debt Arrangement Scheme information is based on eDEN administrative system for cases approved in between 01/01/2018 and 30/06/2019.
(2) Figures rounded to nearest £100.

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Contact

Please quote the FOI reference
Central Enquiry Unit
Email: ceu@gov.scot
Phone: 0300 244 4000

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