780,766 companies formed
780,766 companies formed in the UK in total View national statistics
The U.K. saw an increase in overall company incorporations during 2020
As the pandemic, numerous lockdowns, and Brexit took over our everyday lives, there was a record number of new companies formed across the country. 780,766 company incorporations were recorded across the country; an 8.2% rise from 2019.
The West Midlands alone accounted for 37,202 companies. Greater Manchester registered 36,288 incorporations, West Yorkshire had 22,615 and London once again recorded the most with 270,114. This brought the total number of registered businesses in the United Kingdom at the end of 2020 to 4,837,426.
You can see much more detailed analysis and breakdowns in the infographic below.
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