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Company Formations in 2023: Durham

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???? Businesses formed in Durham during 2023

5.3% more companies in Durham compared to 2022

New businesses in Durham mapped

County Durham 2,907 formed

Darlington 851 formed

Hartlepool 565 formed

Stockton-on-Tees 1,363 formed

Companies formed in 2023 league table

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

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Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2022: 1st
London
313,446
2nd 2022: 2nd
West Midlands
44,594
3rd 2022: 3rd
Greater Manchester
41,222
4th 2022: 4th
West Yorkshire
24,534
5th 2022: 5th
Essex
20,333
34th 2022: 35th
Durham
5,696
Rank
County
No. Companies formed
Rank County No. Companies formed
18th 2022: 20th
North Yorkshire
9,266
24th 2022: 22nd
Tyne and Wear
8,274
34th 2022: 35th
Durham
5,696
43rd 2022: 44th
Cumbria
2,686
45th 2022: 45th
Northumberland
1,554
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2022: 1st
London
313,446
2nd 2022: 2nd
West Midlands
44,594
3rd 2022: 3rd
Greater Manchester
41,222
4th 2022: 4th
West Yorkshire
24,534
5th 2022: 5th
Essex
20,333
6th 2022: 6th
Kent
17,620
7th 2022: 7th
Hampshire
15,385
8th 2022: 8th
Hertfordshire
14,512
9th 2022: 9th
Merseyside
14,307
10th 2022: 10th
Lancashire
14,223
11th 2022: 12th
Surrey
12,018
12th 2022: 11th
South Yorkshire
11,638
13th 2022: 13th
Leicestershire
11,417
14th 2022: 14th
Berkshire
10,571
15th 2022: 15th
Cheshire
9,952
16th 2022: 17th
Buckinghamshire
9,591
17th 2022: 16th
Nottinghamshire
9,559
18th 2022: 20th
North Yorkshire
9,266
19th 2022: 18th
Bedfordshire
9,025
20th 2022: 30th
Suffolk
8,934
21st 2022: 21st
Staffordshire
8,878
22nd 2022: 25th
Cambridgeshire
8,677
23rd 2022: 19th
Dorset
8,565
24th 2022: 22nd
Tyne and Wear
8,274
25th 2022: 23rd
Northamptonshire
8,191
26th 2022: 24th
Derbyshire
7,528
27th 2022: 26th
East Sussex
7,311
28th 2022: 29th
Devon
7,183
29th 2022: 28th
Lincolnshire
7,141
30th 2022: 31st
Gloucestershire
6,902
31st 2022: 32nd
West Sussex
6,678
32nd 2022: 27th
Somerset
6,531
33rd 2022: 34th
Norfolk
5,723
34th 2022: 35th
Durham
5,696
35th 2022: 38th
Oxfordshire
5,446
36th 2022: 33rd
Warwickshire
5,157
37th 2022: 36th
Bristol
5,050
38th 2022: 39th
Wiltshire
4,965
39th 2022: 37th
Worcestershire
4,808
40th 2022: 40th
East Riding of Yorkshire
4,211
41st 2022: 41st
Shropshire
3,480
42nd 2022: 43rd
Cornwall
3,074
43rd 2022: 44th
Cumbria
2,686
44th 2022: 42nd
Herefordshire
2,540
45th 2022: 45th
Northumberland
1,554
46th 2022: 46th
Isle of Wight
757
47th 2022: 47th
Rutland
232

New incorporations in 2023 per 1000 Man standing people

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In Durham

6.3

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National Average

14.2

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Type of companies formed in Durham breakdown

96% Private Limited Companies (5,441 companies)

4% Other company types (255 companies)

Other company types breakdown (255 companies)

Total companies in Durham by the end of 2023

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Businesses formed in Durham during 2023

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Businesses dissolved in Durham during 2023

meaning there is a total of

37,332

businesses registered in Durham at the end of 2023.

5.3% more companies in Durham compared to 2022

Surrounding counties 2023 breakdown & comparison

Cumbria

23,719 total businesses
2,686 formed in 2023
2,115 dissolved in 2023

North Yorkshire

65,895 total businesses
9,266 formed in 2023
7,024 dissolved in 2023

Tyne and Wear

53,391 total businesses
8,274 formed in 2023
6,624 dissolved in 2023

Northumberland

12,830 total businesses
1,554 formed in 2023
1,275 dissolved in 2023

Durham

37,332 total businesses
5,696 formed in 2023
4,327 dissolved in 2023

NorthumberlandTyne andWearDurhamNorthYorkshireCumbria

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Annfield Plain
26
29
3
Aycliffe East
88
109
21
Aycliffe North and Middridge
32
32
0
Aycliffe West
19
29
10
Barnard Castle East
47
56
9
Barnard Castle West
37
39
2
Belmont
117
151
34
Benfieldside
24
27
3
Bishop Auckland Town
37
47
10
Bishop Middleham and Cornforth
8
16
8
Blackhalls
38
69
31
Brandon
61
105
44
Burnopfield and Dipton
25
25
0
Chester-le-Street East
27
37
10
Chester-le-Street North
19
14
-5
Chester-le-Street South
22
23
1
Chester-le-Street West Central
32
53
21
Chilton
9
18
9
Consett North
67
90
23
Consett South
20
33
13
Coundon
16
15
-1
Coxhoe
49
74
25
Craghead and South Moor
18
23
5
Crook
39
67
28
Dawdon
33
43
10
Deerness
47
73
26
Delves Lane
25
32
7
Deneside
8
16
8
Durham South
9
1
-8
Easington
26
37
11
Elvet and Gilesgate
35
63
28
Esh and Witton Gilbert
27
62
35
Evenwood
12
27
15
Ferryhill
52
74
22
Framwellgate and Newton Hall
68
90
22
Horden
19
40
21
Lanchester
30
32
2
Leadgate and Medomsley
26
45
19
Lumley
30
40
10
Murton
20
29
9
Neville's Cross
26
50
24
North Lodge
11
19
8
Passfield
9
6
-3
Pelton
33
45
12
Peterlee East
37
44
7
Peterlee West
21
44
23
Sacriston
20
36
16
Seaham
23
30
7
Sedgefield
43
66
23
Sherburn
32
66
34
Shildon and Dene Valley
66
99
33
Shotton and South Hetton
48
64
16
Spennymoor
31
35
4
Stanley
37
33
-4
Tanfield
48
49
1
Tow Law
13
26
13
Trimdon and Thornley
43
53
10
Tudhoe
46
76
30
Weardale
37
33
-4
West Auckland
24
43
19
Willington and Hunwick
30
47
17
Wingate
20
28
8
Woodhouse Close
40
30
-10
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bank Top & Lascelles
16
41
25
Brinkburn & Faverdale
28
33
5
Cockerton
17
27
10
College
23
28
5
Eastbourne
67
69
2
Harrowgate Hill
12
30
18
Haughton & Springfield
27
22
-5
Heighington & Coniscliffe
23
39
16
Hummersknott
8
12
4
Hurworth
18
36
18
Mowden
11
16
5
North Road
36
46
10
Northgate
35
52
17
Park East
241
172
-69
Park West
60
69
9
Pierremont
31
28
-3
Red Hall & Lingfield
27
32
5
Sadberge & Middleton St George
28
48
20
Stephenson
30
43
13
Whinfield
3
8
5
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Burn Valley
37
56
19
De Bruce
24
29
5
Fens and Rossmere
31
23
-8
Foggy Furze
25
36
11
Hart
42
50
8
Headland and Harbour
124
143
19
Jesmond
38
32
-6
Manor House
22
19
-3
Rural West
50
59
9
Seaton
46
72
26
Victoria
53
46
-7
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Billingham Central
21
25
4
Billingham East
54
172
118
Billingham North
21
29
8
Billingham South
31
51
20
Billingham West
33
23
-10
Bishopsgarth and Elm Tree
14
32
18
Eaglescliffe
59
99
40
Fairfield
22
18
-4
Grangefield
32
39
7
Hardwick and Salters Lane
21
33
12
Hartburn
24
35
11
Newtown
33
51
18
Northern Parishes
73
153
80
Norton North
35
38
3
Norton South
20
42
22
Norton West
24
23
-1
Parkfield and Oxbridge
310
308
-2
Roseworth
18
36
18
Stockton Town Centre
98
134
36
Western Parishes
24
22
-2

Total companies 2023 league table

The counties in England where the most existing companies were based at the end of 2023 and how Durham compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2022: 1st
London
1,534,936
2nd 2022: 2nd
Greater Manchester
244,408
3rd 2022: 3rd
West Midlands
227,431
4th 2022: 5th
Essex
153,732
5th 2022: 4th
West Yorkshire
153,003
38th 2022: 39th
Durham
37,332
Rank
County
Total companies
Rank County Total companies
18th 2022: 18th
North Yorkshire
65,895
30th 2022: 30th
Tyne and Wear
53,391
38th 2022: 39th
Durham
37,332
43rd 2022: 43rd
Cumbria
23,719
45th 2022: 45th
Northumberland
12,830
Rank
County
Total companies
Rank County Total companies
1st 2022: 1st
London
1,534,936
2nd 2022: 2nd
Greater Manchester
244,408
3rd 2022: 3rd
West Midlands
227,431
4th 2022: 5th
Essex
153,732
5th 2022: 4th
West Yorkshire
153,003
6th 2022: 6th
Kent
133,898
7th 2022: 7th
Hampshire
126,128
8th 2022: 8th
Hertfordshire
122,871
9th 2022: 9th
Surrey
109,469
10th 2022: 10th
Lancashire
95,511
11th 2022: 12th
Merseyside
83,450
12th 2022: 11th
Cheshire
82,175
13th 2022: 13th
Buckinghamshire
78,961
14th 2022: 14th
Berkshire
78,581
15th 2022: 15th
Leicestershire
75,930
16th 2022: 16th
South Yorkshire
73,897
17th 2022: 17th
East Sussex
71,059
18th 2022: 18th
North Yorkshire
65,895
19th 2022: 19th
Nottinghamshire
64,763
20th 2022: 20th
Devon
63,364
21st 2022: 21st
Dorset
63,266
22nd 2022: 22nd
Staffordshire
61,360
23rd 2022: 23rd
Somerset
60,186
24th 2022: 26th
Cambridgeshire
60,023
25th 2022: 24th
West Sussex
59,896
26th 2022: 25th
Gloucestershire
59,830
27th 2022: 27th
Derbyshire
57,297
28th 2022: 28th
Lincolnshire
54,523
29th 2022: 29th
Northamptonshire
53,911
30th 2022: 30th
Tyne and Wear
53,391
31st 2022: 31st
Bedfordshire
52,721
32nd 2022: 34th
Suffolk
51,083
33rd 2022: 33rd
Norfolk
48,437
34th 2022: 32nd
Oxfordshire
48,030
35th 2022: 35th
Worcestershire
45,794
36th 2022: 36th
Warwickshire
43,587
37th 2022: 37th
Wiltshire
42,004
38th 2022: 39th
Durham
37,332
39th 2022: 38th
Bristol
37,161
40th 2022: 40th
East Riding of Yorkshire
30,108
41st 2022: 41st
Shropshire
28,037
42nd 2022: 42nd
Cornwall
26,998
43rd 2022: 43rd
Cumbria
23,719
44th 2022: 44th
Herefordshire
16,164
45th 2022: 45th
Northumberland
12,830
46th 2022: 46th
Isle of Wight
6,580
47th 2022: 47th
Rutland
2,133

Total companies at the end of 2023 per 1000 Person people

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In Durham

41.4

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National Average

86.6

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The last 5 years

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

2019

4,623 formed

3,695 dissolved

2020

5,083 formed

2,804 dissolved

2021

5,065 formed

3,776 dissolved

2022

5,109 formed

3,804 dissolved

2023

5,696 formed

4,327 dissolved

Overall growth compared to previous year

9.33% vs 2019

5.25% vs 2020

5.46% vs 2021

5.3% vs 2022