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Company Formations in 2022: Cornwall

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???? Businesses formed in Cornwall during 2022

4.5% more companies in Cornwall compared to 2021

New businesses in Cornwall mapped

Cornwall 2,905 formed

Dorset 8,427 formed

Somerset 7,121 formed

Devon 6,814 formed

Companies formed in 2022 league table

The counties in England where most companies are formed, and how Cornwall compares.

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Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2021: 1st
London
274,838
2nd 2021: 2nd
West Midlands
39,355
3rd 2021: 3rd
Greater Manchester
38,756
4th 2021: 4th
West Yorkshire
25,517
5th 2021: 5th
Essex
18,955
43rd 2021: 41st
Cornwall
2,912
Rank
County
No. Companies formed
Rank County No. Companies formed
19th 2021: 22nd
Dorset
8,427
27th 2021: 28th
Somerset
7,121
29th 2021: 30th
Devon
6,814
43rd 2021: 41st
Cornwall
2,912
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2021: 1st
London
274,838
2nd 2021: 2nd
West Midlands
39,355
3rd 2021: 3rd
Greater Manchester
38,756
4th 2021: 4th
West Yorkshire
25,517
5th 2021: 5th
Essex
18,955
6th 2021: 6th
Kent
16,109
7th 2021: 7th
Hampshire
14,533
8th 2021: 8th
Hertfordshire
13,643
9th 2021: 9th
Merseyside
13,358
10th 2021: 10th
Lancashire
13,312
11th 2021: 12th
South Yorkshire
11,901
12th 2021: 11th
Surrey
10,902
13th 2021: 14th
Leicestershire
10,408
14th 2021: 15th
Berkshire
9,571
15th 2021: 13th
Cheshire
9,335
16th 2021: 17th
Nottinghamshire
9,235
17th 2021: 16th
Buckinghamshire
8,683
18th 2021: 24th
Bedfordshire
8,495
19th 2021: 22nd
Dorset
8,427
20th 2021: 21st
North Yorkshire
8,424
21st 2021: 18th
Staffordshire
8,072
22nd 2021: 20th
Tyne and Wear
7,838
23rd 2021: 27th
Northamptonshire
7,831
24th 2021: 26th
Derbyshire
7,764
25th 2021: 23rd
Cambridgeshire
7,739
26th 2021: 19th
East Sussex
7,193
27th 2021: 28th
Somerset
7,121
28th 2021: 29th
Lincolnshire
7,100
29th 2021: 30th
Devon
6,814
30th 2021: 33rd
Suffolk
6,749
31st 2021: 32nd
Gloucestershire
6,373
32nd 2021: 31st
West Sussex
6,136
33rd 2021: 36th
Warwickshire
5,540
34th 2021: 34th
Norfolk
5,384
35th 2021: 37th
Durham
5,109
36th 2021: 35th
Bristol
4,951
37th 2021: 25th
Worcestershire
4,941
38th 2021: 38th
Oxfordshire
4,842
39th 2021: 39th
Wiltshire
4,536
40th 2021: 40th
East Riding of Yorkshire
4,233
41st 2021: 42nd
Shropshire
3,132
42nd 2021: 43rd
Herefordshire
2,928
43rd 2021: 41st
Cornwall
2,912
44th 2021: 44th
Cumbria
2,418
45th 2021: 45th
Northumberland
1,527
46th 2021: 46th
Isle of Wight
652
47th 2021: 47th
Rutland
193

New incorporations in 2022 per 1000 Man standing people

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In Cornwall

5.4

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National Average

12.7

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Type of companies formed in Cornwall breakdown

93% Private Limited Companies (2,712 companies)

7% Other company types (200 companies)

Other company types breakdown (200 companies)

Total companies in Cornwall by the end of 2022

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Businesses formed in Cornwall during 2022

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Businesses dissolved in Cornwall during 2022

Companies House did not always process company dissolutions as soon as the standard conditions for dissolution were first met.

meaning there is a total of

25,857

businesses registered in Cornwall at the end of 2022.

4.5% more companies in Cornwall compared to 2021

Surrounding counties 2022 breakdown & comparison

Dorset

61,217 total businesses
8,427 formed in 2022
5,845 dissolved in 2022

Somerset

59,531 total businesses
7,121 formed in 2022
5,386 dissolved in 2022

Devon

61,854 total businesses
6,814 formed in 2022
5,521 dissolved in 2022

Cornwall

25,857 total businesses
2,912 formed in 2022
2,045 dissolved in 2022

CornwallDevonDorsetSomerset

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Altarnun
10
8
-2
Bodmin St Leonard
17
34
17
Bodmin St Mary's
5
9
4
Bodmin St Petroc
27
32
5
Breage Germoe and Sithney
11
17
6
Bude
29
42
13
Bugle
13
29
16
Callington
18
34
16
Camborne Pendarves
8
7
-1
Camborne Roskear
12
12
0
Camborne Trelowarren
6
29
23
Camborne Treslothan
7
14
7
Camborne Treswithian
12
6
-6
Camelford
21
21
0
Carharrack Gwennap and St Day
13
14
1
Chacewater Kenwyn and Baldhu
39
58
19
Constantine Mawnan and Budock
13
24
11
Crowan and Wendron
17
17
0
Falmouth Arwenack
19
30
11
Falmouth Boslowick
8
10
2
Falmouth Penwerris
15
16
1
Falmouth Smithick
38
47
9
Falmouth Trescobeas
12
20
8
Feock and Playing Place
11
11
0
Four Lanes
10
15
5
Fowey and Tywardreath
13
13
0
Grenville and Stratton
8
15
7
Gulval and Heamoor
7
8
1
Gunnislake and Calstock
18
27
9
Gwinear-Gwithian and St Erth
8
18
10
Hayle North
25
39
14
Hayle South
5
27
22
Helston North
6
13
7
Helston South
40
32
-8
Illogan
14
16
2
Ladock St Clement and St Erme
17
25
8
Lanivet and Blisland
14
8
-6
Lanner and Stithians
19
21
2
Launceston Central
16
39
23
Launceston North and North Petherwin
16
8
-8
Launceston South
16
18
2
Lelant and Carbis Bay
15
19
4
Liskeard East
21
16
-5
Liskeard North
4
9
5
Liskeard West and Dobwalls
8
15
7
Looe East
12
16
4
Looe West Lansallos and Lanteglos
36
48
12
Lostwithiel
19
25
6
Ludgvan
13
20
7
Lynher
11
20
9
Mabe Perranarworthal and St Gluvias
51
54
3
Marazion and Perranuthnoe
15
16
1
Menheniot
15
19
4
Mevagissey
13
14
1
Mount Charles
21
44
23
Mount Hawke and Portreath
19
26
7
Mullion and Grade-Ruan
14
7
-7
Newlyn and Goonhavern
11
25
14
Newlyn and Mousehole
14
19
5
Newquay Central
49
85
36
Newquay Pentire
28
31
3
Newquay Treloggan
12
15
3
Newquay Tretherras
21
22
1
Newquay Treviglas
17
16
-1
Padstow
10
15
5
Par and St Blazey Gate
13
17
4
Penryn East and Mylor
29
58
29
Penryn West
15
27
12
Penwithick and Boscoppa
15
13
-2
Penzance Central
38
80
42
Penzance East
4
15
11
Penzance Promenade
9
10
1
Perranporth
51
35
-16
Pool and Tehidy
13
23
10
Porthleven and Helston West
16
15
-1
Poundstock
21
25
4
Probus Tregony and Grampound
19
9
-10
Rame Peninsular
18
19
1
Redruth Central
14
23
9
Redruth North
27
32
5
Redruth South
5
16
11
Roche
9
16
7
Roseland
8
19
11
Saltash East
33
48
15
Saltash North
18
36
18
Saltash South
9
5
-4
Saltash West
11
10
-1
St Agnes
24
29
5
St Austell Bay
12
22
10
St Austell Bethel
8
7
-1
St Austell Gover
20
63
43
St Austell Poltair
7
16
9
St Blazey
7
16
9
St Buryan
13
15
2
St Cleer
9
19
10
St Columb Major
10
21
11
St Dennis and Nanpean
12
14
2
St Dominick Harrowbarrow and Kelly Bray
16
13
-3
St Enoder
6
26
20
St Germans and Landulph
12
18
6
St Issey and St Tudy
15
23
8
St Ives East
24
38
14
St Ives West
14
20
6
St Just In Penwith
14
25
11
St Keverne and Meneage
22
19
-3
St Mawgan and Colan
23
28
5
St Mewan
11
14
3
St Minver and St Endellion
11
14
3
St Stephen-In-Brannel
7
14
7
St Teath and St Breward
11
18
7
Stokeclimsland
23
19
-4
Threemilestone and Gloweth
13
25
12
Tintagel
4
12
8
Torpoint East
7
13
6
Torpoint West
9
13
4
Trelawny
17
26
9
Truro Boscawen
62
135
73
Truro Redannick
34
33
-1
Truro Tregolls
23
50
27
Truro Trehaverne
13
20
7
Wadebridge East
9
19
10
Wadebridge West
9
18
9

Total companies 2022 league table

The counties in England where the most existing companies were based at the end of 2022 and how Cornwall compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2021: 1st
London
1,462,539
2nd 2021: 2nd
Greater Manchester
233,019
3rd 2021: 3rd
West Midlands
211,766
4th 2021: 5th
West Yorkshire
151,175
5th 2021: 4th
Essex
148,387
42nd 2021: 42nd
Cornwall
25,857
Rank
County
Total companies
Rank County Total companies
20th 2021: 18th
Devon
61,854
21st 2021: 25th
Dorset
61,217
23rd 2021: 23rd
Somerset
59,531
42nd 2021: 42nd
Cornwall
25,857
Rank
County
Total companies
Rank County Total companies
1st 2021: 1st
London
1,462,539
2nd 2021: 2nd
Greater Manchester
233,019
3rd 2021: 3rd
West Midlands
211,766
4th 2021: 5th
West Yorkshire
151,175
5th 2021: 4th
Essex
148,387
6th 2021: 6th
Kent
130,283
7th 2021: 7th
Hampshire
124,249
8th 2021: 8th
Hertfordshire
122,123
9th 2021: 9th
Surrey
107,722
10th 2021: 10th
Lancashire
91,522
11th 2021: 11th
Cheshire
81,809
12th 2021: 12th
Merseyside
81,221
13th 2021: 14th
Buckinghamshire
78,850
14th 2021: 13th
Berkshire
76,700
15th 2021: 15th
Leicestershire
73,507
16th 2021: 17th
South Yorkshire
72,058
17th 2021: 16th
East Sussex
70,836
18th 2021: 19th
North Yorkshire
62,355
19th 2021: 20th
Nottinghamshire
62,142
20th 2021: 18th
Devon
61,854
21st 2021: 25th
Dorset
61,217
22nd 2021: 22nd
Staffordshire
60,009
23rd 2021: 23rd
Somerset
59,531
24th 2021: 21st
West Sussex
58,763
25th 2021: 24th
Gloucestershire
57,852
26th 2021: 26th
Cambridgeshire
57,788
27th 2021: 27th
Derbyshire
55,697
28th 2021: 29th
Lincolnshire
53,143
29th 2021: 28th
Northamptonshire
51,966
30th 2021: 30th
Tyne and Wear
51,640
31st 2021: 31st
Bedfordshire
50,545
32nd 2021: 32nd
Oxfordshire
46,748
33rd 2021: 33rd
Norfolk
45,968
34th 2021: 35th
Suffolk
45,867
35th 2021: 34th
Worcestershire
43,964
36th 2021: 36th
Warwickshire
42,564
37th 2021: 37th
Wiltshire
40,505
38th 2021: 38th
Bristol
37,039
39th 2021: 39th
Durham
35,455
40th 2021: 40th
East Riding of Yorkshire
29,451
41st 2021: 41st
Shropshire
26,781
42nd 2021: 42nd
Cornwall
25,857
43rd 2021: 43rd
Cumbria
23,003
44th 2021: 44th
Herefordshire
16,412
45th 2021: 45th
Northumberland
12,420
46th 2021: 46th
Isle of Wight
6,423
47th 2021: 47th
Rutland
2,076

Total companies at the end of 2022 per 1000 Person people

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In Cornwall

48.2

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National Average

82.7

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The last 5 years

How the total number of companies in Cornwall has changed over the last 5 years as new companies have been formed and some existing companies dissolved.

2018

2,829 formed

1,898 dissolved

2019

2,948 formed

2,121 dissolved

2020

2,951 formed

1,825 dissolved

2021

2,993 formed

2,145 dissolved

2022

2,912 formed

2,045 dissolved

Overall growth compared to previous year

5.17% vs 2018

3.33% vs 2019

3.98% vs 2020

4.5% vs 2021