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Company Formations in 2022: Devon

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???? Businesses formed in Devon during 2022

3.1% more companies in Devon compared to 2021

New businesses in Devon mapped

Boroughs

  • AEast Devon: 733
  • BExeter: 1,083
  • CMid Devon: 410
  • DNorth Devon: 492
  • EPlymouth: 1,514
  • FSouth Hams: 462
  • GTeignbridge: 691
  • HTorbay: 847
  • ITorridge: 329
  • JWest Devon: 245

Companies formed in 2022 league table

The counties in England where most companies are formed, and how Devon 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
29th 2021: 30th
Devon
6,814
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 Devon

6.0

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National Average

12.7

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Type of companies formed in Devon breakdown

95% Private Limited Companies (6,458 companies)

5% Other company types (356 companies)

Other company types breakdown (356 companies)

Total companies in Devon by the end of 2022

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Businesses formed in Devon during 2022

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Businesses dissolved in Devon 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

61,854

businesses registered in Devon at the end of 2022.

3.1% more companies in Devon 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

Cornwall

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

Devon

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

DevonCornwallSomersetDorset

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Axminster Rural
5
13
8
Axminster Town
47
42
-5
Beer and Branscombe
4
8
4
Broadclyst
35
58
23
Budleigh
19
21
2
Clyst Valley
26
47
21
Coly Valley
24
22
-2
Dunkeswell
8
11
3
Exe Valley
10
8
-2
Exmouth Brixington
16
22
6
Exmouth Halsdon
13
18
5
Exmouth Littleham
20
24
4
Exmouth Town
53
79
26
Exmouth Withycombe Raleigh
22
27
5
Feniton and Buckerell
4
13
9
Honiton St Michael's
17
23
6
Honiton St Paul's
41
38
-3
Newbridges
15
19
4
Newton Poppleford and Harpford
7
6
-1
Otterhead
14
8
-6
Ottery St Mary Rural
16
25
9
Ottery St Mary Town
22
21
-1
Raleigh
12
17
5
Seaton
35
38
3
Sidmouth Rural
10
3
-7
Sidmouth Sidford
9
8
-1
Sidmouth Town
21
18
-3
Tale Vale
6
13
7
Trinity
15
11
-4
Whimple
12
15
3
Woodbury and Lympstone
28
45
17
Yarty
6
12
6
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Alphington
173
318
145
Cowick
14
11
-3
Duryard
17
26
9
Exwick
25
19
-6
Heavitree
13
21
8
Mincinglake
10
15
5
Newtown
28
47
19
Pennsylvania
17
19
2
Pinhoe
25
36
11
Polsloe
20
37
17
Priory
21
26
5
St David's
282
245
-37
St James
16
24
8
St Leonard's
11
23
12
St Loyes
82
54
-28
St Thomas
25
36
11
Topsham
43
76
33
Whipton & Barton
72
50
-22
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Boniface
11
13
2
Bradninch
3
5
2
Cadbury
4
11
7
Canonsleigh
10
15
5
Castle
25
29
4
Clare and Shuttern
6
16
10
Cranmore
22
28
6
Cullompton North
19
32
13
Cullompton Outer
8
7
-1
Cullompton South
11
7
-4
Exe Valley
10
8
-2
Halberton
14
18
4
Lawrence
48
68
20
Lower Culm
21
31
10
Lowman
26
30
4
Newbrooke
3
3
0
Sandford and Creedy
14
12
-2
Silverton
6
4
-2
Taw
4
8
4
Taw Vale
6
4
-2
Upper Culm
13
26
13
Upper Yeo
8
2
-6
Way
4
8
4
Westexe
10
19
9
Yeo
8
14
6
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bickington and Roundswell
15
23
8
Bishop's Nympton
1
2
1
Bratton Fleming
2
7
5
Braunton East
16
24
8
Braunton West
15
26
11
Central Town
61
83
22
Chittlehampton
7
11
4
Chulmleigh
5
12
7
Combe Martin
16
23
7
Forches and Whiddon Valley
7
10
3
Fremington
7
8
1
Georgeham and Mortehoe
9
26
17
Heanton Punchardon
8
11
3
Ilfracombe Central
32
32
0
Ilfracombe East
4
7
3
Ilfracombe West
4
13
9
Instow
4
9
5
Landkey Swimbridge and Taw
14
22
8
Longbridge
10
12
2
Lynton and Lynmouth
7
11
4
Marwood
11
14
3
Newport
9
29
20
North Molton
1
12
11
Pilton
10
12
2
South Molton
42
31
-11
Witheridge
7
7
0
Yeo Valley
4
15
11
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Budshead
33
40
7
Compton
52
64
12
Devonport
46
73
27
Drake
68
79
11
Efford and Lipson
38
54
16
Eggbuckland
24
32
8
Ham
26
40
14
Honicknowle
22
35
13
Moor View
91
100
9
Peverell
43
55
12
Plympton Chaddlewood
24
21
-3
Plympton Erle
22
31
9
Plympton St Mary
45
57
12
Plymstock Dunstone
32
24
-8
Plymstock Radford
30
43
13
Southway
50
98
48
St Budeaux
31
48
17
St Peter and the Waterfront
472
375
-97
Stoke
59
100
41
Sutton and Mount Gould
88
145
57
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Allington & Strete
17
12
-5
Bickleigh & Cornwood
9
13
4
Blackawton & Stoke Fleming
6
10
4
Charterlands
19
8
-11
Dartington & Staverton
22
18
-4
Dartmouth & East Dart
31
41
10
Ermington & Ugborough
14
13
-1
Ivybridge East
17
26
9
Ivybridge West
44
23
-21
Kingsbridge
18
30
12
Loddiswell & Aveton Gifford
17
13
-4
Marldon & Littlehempston
6
12
6
Newton & Yealmpton
43
66
23
Salcombe & Thurlestone
17
31
14
South Brent
13
28
15
Stokenham
8
5
-3
Totnes
41
67
26
Wembury & Brixton
15
17
2
West Dart
10
19
9
Woolwell
10
10
0
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ambrook
17
23
6
Ashburton and Buckfastleigh
36
46
10
Bishopsteignton
11
5
-6
Bovey
46
55
9
Bradley
16
25
9
Buckland and Milber
17
20
3
Bushell
116
146
30
Chudleigh
24
62
38
College
51
25
-26
Dawlish Central and North East
27
33
6
Dawlish South West
16
15
-1
Haytor
9
10
1
Ipplepen
12
9
-3
Kenn Valley
79
38
-41
Kenton with Starcross
8
4
-4
Kerswell-with-Combe
17
23
6
Kingsteignton East
16
12
-4
Kingsteignton West
11
16
5
Moorland
7
11
4
Shaldon and Stokeinteignhead
6
8
2
Shiphay-with-the-Willows
90
84
-6
South Brent
13
28
15
Teign Valley
12
13
1
Teignbridge North
18
17
-1
Teignmouth Central
7
11
4
Teignmouth East
38
46
8
Teignmouth West
7
18
11
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Berry Head-with-Furzeham
38
47
9
Blatchcombe
31
49
18
Churston-with-Galmpton
19
16
-3
Clifton-with-Maidenway
19
18
-1
Cockington-with-Chelston
40
58
18
Ellacombe
43
56
13
Goodrington-with-Roselands
22
17
-5
Preston
37
43
6
Roundham-with-Hyde
49
112
63
Shiphay-with-the-Willows
90
84
-6
St Mary's-with-Summercombe
15
18
3
St Marychurch
31
59
28
Tormohun
144
204
60
Watcombe
11
15
4
Wellswood
31
51
20
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Appledore
7
3
-4
Bideford East
36
24
-12
Bideford North
55
123
68
Bideford South
13
29
16
Broadheath
10
7
-3
Chittlehampton
7
11
4
Clinton
6
5
-1
Clovelly Bay
2
5
3
Coham Bridge
1
3
2
Forest
5
10
5
Hartland and Bradworthy
29
19
-10
Holsworthy
14
22
8
Kenwith
1
4
3
Monkleigh and Littleham
1
4
3
Northam
13
8
-5
Orchard Hill
1
5
4
Shebbear and Langtree
6
8
2
Tamarside
14
14
0
Three Moors
4
5
1
Torrington
20
23
3
Two Rivers
5
5
0
Waldon
8
6
-2
Westward Ho!
4
2
-2
Winkleigh
9
5
-4
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bere Ferrers
10
15
5
Bridestowe
10
9
-1
Buckland Monachorum
9
12
3
Burrator
5
19
14
Chagford
5
9
4
Dartmoor
4
7
3
Drewsteignton
7
10
3
Exbourne
14
22
8
Hatherleigh
17
12
-5
Mary Tavy
5
2
-3
Milton Ford
7
9
2
Okehampton North
14
20
6
Okehampton South
10
10
0
South Tawton
7
6
-1
Tamarside
14
14
0
Tavistock North
26
42
16
Tavistock South East
6
12
6
Tavistock South West
9
19
10

Total companies 2022 league table

The counties in England where the most existing companies were based at the end of 2022 and how Devon 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
20th 2021: 18th
Devon
61,854
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 Devon

54.5

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National Average

82.7

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The last 5 years

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

2018

5,908 formed

4,306 dissolved

2019

6,196 formed

4,846 dissolved

2020

7,174 formed

3,994 dissolved

2021

6,825 formed

5,551 dissolved

2022

6,814 formed

5,521 dissolved

Overall growth compared to previous year

4.18% vs 2018

7.54% vs 2019

4.79% vs 2020

3.1% vs 2021