There were 275 corporate insolvencies in the second quarter of 2015, according to figures released on Monday by Deloitte.

This represents a 20 per cent fall on the same period last year, when 347 insolvencies were recorded.

The figure is 10 per cent higher than in the first quarter of 2015.

The bulk of insolvencies continues to be accounted for by creditors’ voluntary liquidations. Receiverships accounted for 27 per cent of the total in the most recent three-month period.

There were 13 court liquidator appointments in the current period, the same number as was recorded in Q1 2015. In almost half of these, it was the Revenue Commissioners who took the petition to wind up.

“Similar to the last quarter, examinerships continue to remain at disappointingly low levels,” Deloitte said.