5,109 companies formed

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

Strong growth in company formation activity in Durham.

Durham celebrated further growth in entrepreneurial activity in 2022, with an increase in the number of people taking the step to form a company: 5,109 companies were formed in the county during the year, compared with 5,065 in 2021.

The statistics give further cause for celebration after a 5.5% growth rate lends to a 5 year growth rate of 29.93%, notably above the average rate for the UK as a whole of 27.1%.

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