The number of firms collapsing into administration rose in the third quarter, according to notices filed with the Britain's official public record.
Analysis of the London Gazette revealed some 302 companies appointed administrators during the third quarter, up from 297 in the second quarter and 295 in the same period 12 months ago.
The steady rate of firms that are failing is symptomatic of "the benign economic climate we’ve seen in the UK over the last 18 month", according to KPMG head of restructuring Blair Nimmo.
The retail sector, heavily shorted by hedge funds believing it is in for a tough time, appeared to be holding up well though.
The analysis follows a separate warning last week that the restaurant sector is facing extreme financial pressure.
Almost 15,000 eateries are facing a real insolvency threat as rising staff costs and the fall out of Brexit put a strain on the sector, accountancy firm Moore Stephens said.
Over half of all food is imported, with three-quarters coming from the EU. Such imports have become increasingly costly for restaurateurs with sterling more than 10 per cent weaker against both the Euro and US dollar since the Brexit vote.