6,814 companies formed

UK  805,141 companies formed in the UK in total View national statistics

Mixed picture for company registrations in Devon in 2022.

Devon didn’t quite manage to match the number of new company registrations achieved last year, with 6,814 new businesses created during 2022. That compares to 6,825 in 2021 and brings the total number of companies based in Devon to a new peak of 61,854.

However, reflecting difficult times, Devon drops 2 places on the total number of companies by county league table to 20th position with the county growth rate of 3.1% being it’s lowest in over 10 years and notably below the UK average of 4.6%.

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