703,785 companies formed

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

A 2.8% increase in formations in England, year on year, masked significant regional variations.

Away from London, the most popular areas for company formations in England were the West Midlands (39,355), Greater Manchester (38,756), West Yorkshire (25,517) and Essex (18,955). Of these, all but Essex – and 13 other English counties – experienced a record year in forming new companies.

Across the whole of England, only three counties – CheshireEast Sussex and Northamptonshire – saw a reduction in their corporate population.

Interestingly, growth in formations was far stronger in the North (5% growth) than in the South (1.8% growth).

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