Company growth in Cambridgeshire unable to continue the precedent set in the preceding years.

With 7,739 businesses formed in Cambridgeshire during 2022 this equates to a somewhat disappointing growth rate for the county of 2.6%. Not only is this below the 4.6% that the UK as a whole saw, it is also the lowest that Cambridgeshire has seen in over 10 years.

A contributory factor is without a doubt the is the significant number of company dissolutions – 6,068. Despite this, the county maintains 26th position on the league table of total number of companies registered by county.

If you’d like to start a new company in Cambridgeshire, you’ll find our simple online company registration service  helpful.