The IT sector showed more solid evidence of the recovery during February, with sector insolvencies down 48% year-on-year, according to the latest Experian Insolvency Index.
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Just 39 businesses went to the wall in the second month of the year, down from 76 in February 2010, said Experian.
This represented 0.04% of the total sector, which has one of the strongest UK financial strength scores - an Experian metric that predicts the likelihood of a business failing in the next 12 months - of 83.97 out of 100.
As a whole, the IT industry outperformed the UK, which saw total insolvencies down 12.5% from 1,934 in February 2010 to 1,605 in February 2011.
Businesses in Scotland saw the greatest rate of improvement, with an insolvency rate of 0.06% in February, while Wales saw the biggest increase in its insolvency rate going from 0.08% to 0.11%.
Yorkshire was the worst performing region, with a rate of 0.13%, while London firms had the lowest financial strength score.
Said Experian pH managing director Max Firth: "The period of stability for businesses in the Uk continues to head in a postivie direction overall. However, whilst smaller and larger companies are improving, insolvency rates for midsized companies continue at the same rate month-on-month.
"This could mean that in more challenging times they fall victim to being too large to be flexible and too small to rely on a solid, established business structure and long-term contracts," he added.