13,336 companies formed

UK  586,784 companies formed in the UK in total  View national statistics

Figures reveal Hertfordshire to be one of the most entrepreneurial areas of the UK

There were 8,482 new companies formed in Hertfordshire in 2014, which is a record tally for the county. 1,849 new companies were based in Hertsmere, followed by 1,822 in Watford and 1,712 in St Albans.

The total number of active companies in the county grew 5.7% in a year and 34% over 5 years.

Hertfordshire performs particularly well when the figures for new and existing companies are adjusted to take account of the population of different counties. On those measures, it’s the third most entrepreneurial area of the UK, behind only London and Edinburgh.

Our infographic breaks down the performance of the county and compares it with others.