The total number of companies registered in Northumberland reaches record high during 2022.

Northumberland has never really been a hot spot for company activity, with 39.3 companies per 1000 people, compared to the national average of 82.7 but after a disappointing 2021, growth in Northumberland recovers well sitting at 4.4% – only slightly below the national growth rate of 4.6%.

With 1,527 new business formed in the area during 2022 and the number of companies closing their doors falling from the preceding year it is clear that business optimism has returned to the county.

If you want to register a company in Northumberland, you’ll find our simple company formation service really helpful.