6,432 companies formed
780,766 companies formed in the UK in total View national statistics
Somerset maintains a growing trend registering a record high number of new businesses
Somerset saw 6,432 companies formed in 2020. Despite everything that happened during the year, it still saw 6% more companies than 2019.
There was a positive response across the county as numbers of dissolutions dipped and incorporation number grew. North Somerset incorporated the lions share forming 1,555 new businesses. Find out more from the breakdown below.
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