Staffordshire sees exiting growth in new company incorporations during 2021.

8,541 new companies were formed in Staffordshire in 2021, a 10.63% increase on 2020. This is particularly exciting for locals when considering the UK as a whole saw new incorporations fall by 1.2%.

Unfortunately – as is the overall UK trend – the number of businesses closing down in Staffordshire during 2021 was 6,245 which represents a 27.84% increase on 2020. Despite this, the county rises a notable 2 positions on the company formation league table to 22^nd.

Take a look at our infographic which examines company start-up activity in Staffordshire in 2021. As well as summarising the area, our analysis breaks down performance by borough and even looks at individual wards.

If you want to register a company in Staffordshire, you’ll find our simple company registration service helpful.