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Company Formations in 2024: Cornwall

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???? Businesses formed in Cornwall during 2024

2.3% more companies in Cornwall compared to 2023

New businesses in Cornwall mapped

Cornwall 2,839 formed

Dorset 7,890 formed

Somerset 6,153 formed

Devon 6,646 formed

Companies formed in 2024 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 2023: 1st
London
280,423
2nd 2023: 2nd
West Midlands
41,700
3rd 2023: 3rd
Greater Manchester
40,892
4th 2023: 4th
West Yorkshire
23,972
5th 2023: 5th
Essex
19,024
43rd 2023: 42nd
Cornwall
2,854
Rank
County
No. Companies formed
Rank County No. Companies formed
24th 2023: 23rd
Dorset
7,890
29th 2023: 28th
Devon
6,646
32nd 2023: 32nd
Somerset
6,153
43rd 2023: 42nd
Cornwall
2,854
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2023: 1st
London
280,423
2nd 2023: 2nd
West Midlands
41,700
3rd 2023: 3rd
Greater Manchester
40,892
4th 2023: 4th
West Yorkshire
23,972
5th 2023: 5th
Essex
19,024
6th 2023: 6th
Kent
16,490
7th 2023: 7th
Hampshire
14,534
8th 2023: 8th
Hertfordshire
14,111
9th 2023: 10th
Lancashire
13,620
10th 2023: 9th
Merseyside
13,029
11th 2023: 12th
South Yorkshire
11,673
12th 2023: 11th
Surrey
11,351
13th 2023: 13th
Leicestershire
11,209
14th 2023: 14th
Berkshire
10,454
15th 2023: 15th
Cheshire
9,854
16th 2023: 17th
Nottinghamshire
9,248
17th 2023: 16th
Buckinghamshire
9,185
18th 2023: 20th
Suffolk
9,091
19th 2023: 18th
North Yorkshire
8,830
20th 2023: 22nd
Cambridgeshire
8,588
21st 2023: 24th
Tyne and Wear
8,269
22nd 2023: 19th
Bedfordshire
8,251
23rd 2023: 21st
Staffordshire
8,181
24th 2023: 23rd
Dorset
7,890
25th 2023: 26th
Derbyshire
7,553
26th 2023: 27th
East Sussex
7,231
27th 2023: 29th
Lincolnshire
7,132
28th 2023: 25th
Northamptonshire
6,894
29th 2023: 28th
Devon
6,646
30th 2023: 30th
Gloucestershire
6,522
31st 2023: 31st
West Sussex
6,467
32nd 2023: 32nd
Somerset
6,153
33rd 2023: 34th
Durham
5,616
34th 2023: 33rd
Norfolk
5,434
35th 2023: 35th
Oxfordshire
5,301
36th 2023: 36th
Warwickshire
5,070
37th 2023: 39th
Worcestershire
5,059
38th 2023: 38th
Wiltshire
4,609
39th 2023: 37th
Bristol
4,467
40th 2023: 40th
East Riding of Yorkshire
4,234
41st 2023: 44th
Herefordshire
4,025
42nd 2023: 41st
Shropshire
3,031
43rd 2023: 42nd
Cornwall
2,854
44th 2023: 43rd
Cumbria
2,453
45th 2023: 45th
Northumberland
1,577
46th 2023: 46th
Isle of Wight
718
47th 2023: 47th
Rutland
242

New incorporations in 2024 per 1000 Man standing people

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In Cornwall

4.9

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National Average

12.5

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Type of companies formed in Cornwall breakdown

93% Private Limited Companies (2,662 companies)

7% Other company types (192 companies)

Other company types breakdown (192 companies)

Total companies in Cornwall by the end of 2024

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Businesses formed in Cornwall during 2024

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Businesses dissolved in Cornwall during 2024

meaning there is a total of

27,621

businesses registered in Cornwall at the end of 2024.

2.3% more companies in Cornwall compared to 2023

Surrounding counties 2024 breakdown & comparison

Dorset

63,675 total businesses
7,890 formed in 2024
7,119 dissolved in 2024

Somerset

60,769 total businesses
6,153 formed in 2024
5,785 dissolved in 2024

Devon

64,346 total businesses
6,646 formed in 2024
5,864 dissolved in 2024

Cornwall

27,621 total businesses
2,854 formed in 2024
2,338 dissolved in 2024

CornwallDevonDorsetSomerset

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Altarnun
7
13
6
Bodmin St Leonard
27
32
5
Bodmin St Mary's
8
16
8
Bodmin St Petroc
24
44
20
Breage Germoe and Sithney
20
10
-10
Bude
23
52
29
Bugle
23
33
10
Callington
18
26
8
Camborne Pendarves
5
12
7
Camborne Roskear
10
19
9
Camborne Trelowarren
17
39
22
Camborne Treslothan
11
12
1
Camborne Treswithian
11
15
4
Camelford
16
13
-3
Carharrack Gwennap and St Day
13
33
20
Chacewater Kenwyn and Baldhu
43
55
12
Constantine Mawnan and Budock
25
34
9
Crowan and Wendron
18
22
4
Falmouth Arwenack
20
17
-3
Falmouth Boslowick
13
19
6
Falmouth Penwerris
14
22
8
Falmouth Smithick
47
65
18
Falmouth Trescobeas
9
20
11
Feock and Playing Place
24
17
-7
Four Lanes
15
16
1
Fowey and Tywardreath
19
12
-7
Grenville and Stratton
16
22
6
Gulval and Heamoor
8
13
5
Gunnislake and Calstock
24
24
0
Gwinear-Gwithian and St Erth
12
21
9
Hayle North
23
21
-2
Hayle South
15
19
4
Helston North
8
7
-1
Helston South
36
50
14
Illogan
13
19
6
Ladock St Clement and St Erme
16
20
4
Lanivet and Blisland
11
24
13
Lanner and Stithians
17
22
5
Launceston Central
30
32
2
Launceston North and North Petherwin
9
25
16
Launceston South
11
12
1
Lelant and Carbis Bay
14
14
0
Liskeard East
15
26
11
Liskeard North
8
11
3
Liskeard West and Dobwalls
14
15
1
Looe East
13
13
0
Looe West Lansallos and Lanteglos
31
12
-19
Lostwithiel
28
15
-13
Ludgvan
9
22
13
Lynher
6
23
17
Mabe Perranarworthal and St Gluvias
78
16
-62
Marazion and Perranuthnoe
11
11
0
Menheniot
12
11
-1
Mevagissey
13
35
22
Mount Charles
24
30
6
Mount Hawke and Portreath
18
26
8
Mullion and Grade-Ruan
13
11
-2
Newlyn and Goonhavern
17
25
8
Newlyn and Mousehole
15
13
-2
Newquay Central
61
53
-8
Newquay Pentire
28
47
19
Newquay Treloggan
9
16
7
Newquay Tretherras
18
24
6
Newquay Treviglas
15
16
1
Padstow
13
17
4
Par and St Blazey Gate
17
18
1
Penryn East and Mylor
26
46
20
Penryn West
14
21
7
Penwithick and Boscoppa
10
13
3
Penzance Central
45
50
5
Penzance East
8
12
4
Penzance Promenade
7
10
3
Perranporth
52
23
-29
Pool and Tehidy
22
37
15
Porthleven and Helston West
21
22
1
Poundstock
22
28
6
Probus Tregony and Grampound
9
13
4
Rame Peninsular
12
20
8
Redruth Central
18
19
1
Redruth North
25
45
20
Redruth South
13
35
22
Roche
15
22
7
Roseland
16
19
3
Saltash East
30
31
1
Saltash North
30
31
1
Saltash South
7
5
-2
Saltash West
10
9
-1
St Agnes
16
18
2
St Austell Bay
15
23
8
St Austell Bethel
5
9
4
St Austell Gover
30
49
19
St Austell Poltair
19
12
-7
St Blazey
10
12
2
St Buryan
16
17
1
St Cleer
15
30
15
St Columb Major
25
30
5
St Dennis and Nanpean
17
22
5
St Dominick Harrowbarrow and Kelly Bray
12
20
8
St Enoder
14
26
12
St Germans and Landulph
11
12
1
St Issey and St Tudy
23
20
-3
St Ives East
27
29
2
St Ives West
10
22
12
St Just In Penwith
12
9
-3
St Keverne and Meneage
13
12
-1
St Mawgan and Colan
18
38
20
St Mewan
11
18
7
St Minver and St Endellion
19
11
-8
St Stephen-In-Brannel
5
11
6
St Teath and St Breward
14
6
-8
Stokeclimsland
20
20
0
Threemilestone and Gloweth
12
22
10
Tintagel
12
14
2
Torpoint East
11
14
3
Torpoint West
6
9
3
Trelawny
19
23
4
Truro Boscawen
96
120
24
Truro Redannick
39
48
9
Truro Tregolls
34
39
5
Truro Trehaverne
16
8
-8
Wadebridge East
9
21
12
Wadebridge West
28
15
-13

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Cornwall compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2023: 1st
London
1,560,328
2nd 2023: 2nd
Greater Manchester
251,769
3rd 2023: 3rd
West Midlands
234,944
4th 2023: 5th
West Yorkshire
157,321
5th 2023: 4th
Essex
157,235
42nd 2023: 42nd
Cornwall
27,621
Rank
County
Total companies
Rank County Total companies
20th 2023: 20th
Devon
64,346
21st 2023: 21st
Dorset
63,675
25th 2023: 23rd
Somerset
60,769
42nd 2023: 42nd
Cornwall
27,621
Rank
County
Total companies
Rank County Total companies
1st 2023: 1st
London
1,560,328
2nd 2023: 2nd
Greater Manchester
251,769
3rd 2023: 3rd
West Midlands
234,944
4th 2023: 5th
West Yorkshire
157,321
5th 2023: 4th
Essex
157,235
6th 2023: 6th
Kent
136,504
7th 2023: 7th
Hampshire
127,564
8th 2023: 8th
Hertfordshire
125,410
9th 2023: 9th
Surrey
110,047
10th 2023: 10th
Lancashire
97,537
11th 2023: 11th
Merseyside
84,857
12th 2023: 12th
Cheshire
83,478
13th 2023: 13th
Buckinghamshire
80,842
14th 2023: 14th
Berkshire
80,348
15th 2023: 15th
Leicestershire
78,116
16th 2023: 16th
South Yorkshire
75,130
17th 2023: 17th
East Sussex
71,666
18th 2023: 18th
North Yorkshire
67,293
19th 2023: 19th
Nottinghamshire
65,784
20th 2023: 20th
Devon
64,346
21st 2023: 21st
Dorset
63,675
22nd 2023: 22nd
Staffordshire
62,904
23rd 2023: 24th
Cambridgeshire
61,973
24th 2023: 26th
Gloucestershire
61,133
25th 2023: 23rd
Somerset
60,769
26th 2023: 25th
West Sussex
60,518
27th 2023: 27th
Derbyshire
59,950
28th 2023: 28th
Lincolnshire
57,099
29th 2023: 29th
Northamptonshire
55,842
30th 2023: 32nd
Suffolk
55,335
31st 2023: 30th
Tyne and Wear
54,971
32nd 2023: 31st
Bedfordshire
53,808
33rd 2023: 33rd
Norfolk
49,863
34th 2023: 34th
Oxfordshire
48,887
35th 2023: 35th
Worcestershire
48,838
36th 2023: 36th
Warwickshire
43,777
37th 2023: 37th
Wiltshire
42,535
38th 2023: 38th
Durham
38,779
39th 2023: 39th
Bristol
36,561
40th 2023: 40th
East Riding of Yorkshire
31,014
41st 2023: 41st
Shropshire
28,136
42nd 2023: 42nd
Cornwall
27,621
43rd 2023: 43rd
Cumbria
24,059
44th 2023: 44th
Herefordshire
18,258
45th 2023: 45th
Northumberland
13,228
46th 2023: 46th
Isle of Wight
6,739
47th 2023: 47th
Rutland
2,179

Total companies at the end of 2024 per 1000 Person people

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In Cornwall

47.8

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National Average

83.4

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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.

2020

2,951 formed

1,825 dissolved

2021

2,993 formed

2,145 dissolved

2022

2,912 formed

2,045 dissolved

2023

3,074 formed

2,287 dissolved

2024

2,854 formed

2,338 dissolved

Overall growth compared to previous year

3.98% vs 2020

4.46% vs 2021

4.41% vs 2022

2.3% vs 2023