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Company Formations in 2024: Durham

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???? Businesses formed in Durham during 2024

3.9% more companies in Durham compared to 2023

New businesses in Durham mapped

County Durham 2,948 formed

Darlington 849 formed

Hartlepool 558 formed

Stockton-on-Tees 1,250 formed

Companies formed in 2024 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 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
33rd 2023: 34th
Durham
5,616
Rank
County
No. Companies formed
Rank County No. Companies formed
19th 2023: 18th
North Yorkshire
8,830
21st 2023: 24th
Tyne and Wear
8,269
33rd 2023: 34th
Durham
5,616
44th 2023: 43rd
Cumbria
2,453
45th 2023: 45th
Northumberland
1,577
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 Durham

6.4

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National Average

12.5

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Type of companies formed in Durham breakdown

97% Private Limited Companies (5,426 companies)

3% Other company types (190 companies)

Other company types breakdown (190 companies)

Total companies in Durham by the end of 2024

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Businesses formed in Durham during 2024

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Businesses dissolved in Durham during 2024

meaning there is a total of

38,779

businesses registered in Durham at the end of 2024.

3.9% more companies in Durham compared to 2023

Surrounding counties 2024 breakdown & comparison

Cumbria

24,059 total businesses
2,453 formed in 2024
2,158 dissolved in 2024

North Yorkshire

67,293 total businesses
8,830 formed in 2024
6,463 dissolved in 2024

Tyne and Wear

54,971 total businesses
8,269 formed in 2024
6,582 dissolved in 2024

Northumberland

13,228 total businesses
1,577 formed in 2024
1,272 dissolved in 2024

Durham

38,779 total businesses
5,616 formed in 2024
4,370 dissolved in 2024

NorthumberlandTyne andWearDurhamNorthYorkshireCumbria

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Annfield Plain
26
36
10
Aycliffe East
78
87
9
Aycliffe North and Middridge
35
37
2
Aycliffe West
19
21
2
Barnard Castle East
35
44
9
Barnard Castle West
27
35
8
Belmont
125
180
55
Benfieldside
28
25
-3
Bishop Auckland Town
42
50
8
Bishop Middleham and Cornforth
8
7
-1
Blackhalls
47
66
19
Brandon
43
134
91
Burnopfield and Dipton
22
52
30
Chester-le-Street East
25
33
8
Chester-le-Street North
18
22
4
Chester-le-Street South
22
21
-1
Chester-le-Street West Central
29
59
30
Chilton
16
9
-7
Consett North
66
108
42
Consett South
26
12
-14
Coundon
19
25
6
Coxhoe
42
67
25
Craghead and South Moor
10
18
8
Crook
42
54
12
Dawdon
29
53
24
Deerness
47
58
11
Delves Lane
34
37
3
Deneside
10
17
7
Durham South
7
4
-3
Easington
35
32
-3
Elvet and Gilesgate
50
70
20
Esh and Witton Gilbert
39
36
-3
Evenwood
21
28
7
Ferryhill
47
55
8
Framwellgate and Newton Hall
60
178
118
Horden
25
35
10
Lanchester
30
42
12
Leadgate and Medomsley
33
31
-2
Lumley
30
42
12
Murton
24
32
8
Neville's Cross
28
39
11
North Lodge
15
20
5
Passfield
9
15
6
Pelton
42
52
10
Peterlee East
30
25
-5
Peterlee West
20
15
-5
Sacriston
28
36
8
Seaham
18
33
15
Sedgefield
59
55
-4
Sherburn
45
89
44
Shildon and Dene Valley
68
115
47
Shotton and South Hetton
53
53
0
Spennymoor
23
34
11
Stanley
38
43
5
Tanfield
31
57
26
Tow Law
8
24
16
Trimdon and Thornley
39
40
1
Tudhoe
58
67
9
Weardale
29
25
-4
West Auckland
39
55
16
Willington and Hunwick
35
50
15
Wingate
14
20
6
Woodhouse Close
27
34
7
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bank Top & Lascelles
29
33
4
Brinkburn & Faverdale
20
40
20
Cockerton
17
27
10
College
32
20
-12
Eastbourne
39
33
-6
Harrowgate Hill
15
27
12
Haughton & Springfield
12
16
4
Heighington & Coniscliffe
23
26
3
Hummersknott
7
22
15
Hurworth
30
24
-6
Mowden
10
16
6
North Road
31
65
34
Northgate
40
66
26
Park East
260
183
-77
Park West
58
82
24
Pierremont
23
29
6
Red Hall & Lingfield
20
32
12
Sadberge & Middleton St George
33
34
1
Stephenson
37
64
27
Whinfield
6
10
4
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Burn Valley
41
62
21
De Bruce
16
25
9
Fens and Rossmere
24
18
-6
Foggy Furze
15
42
27
Hart
26
42
16
Headland and Harbour
119
130
11
Jesmond
26
22
-4
Manor House
21
21
0
Rural West
32
66
34
Seaton
53
61
8
Victoria
47
69
22
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Billingham Central
19
23
4
Billingham East
66
161
95
Billingham North
26
29
3
Billingham South
39
59
20
Billingham West
13
31
18
Bishopsgarth and Elm Tree
20
19
-1
Eaglescliffe
54
75
21
Fairfield
15
21
6
Grangefield
24
31
7
Hardwick and Salters Lane
22
26
4
Hartburn
21
28
7
Newtown
45
44
-1
Northern Parishes
66
125
59
Norton North
32
26
-6
Norton South
18
40
22
Norton West
29
28
-1
Parkfield and Oxbridge
394
277
-117
Roseworth
29
37
8
Stockton Town Centre
92
136
44
Western Parishes
16
34
18

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Durham 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
38th 2023: 38th
Durham
38,779
Rank
County
Total companies
Rank County Total companies
18th 2023: 18th
North Yorkshire
67,293
31st 2023: 30th
Tyne and Wear
54,971
38th 2023: 38th
Durham
38,779
43rd 2023: 43rd
Cumbria
24,059
45th 2023: 45th
Northumberland
13,228
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 Durham

44.5

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National Average

83.4

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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.

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

2024

5,616 formed

4,370 dissolved

Overall growth compared to previous year

5.25% vs 2020

5.46% vs 2021

5.29% vs 2022

3.9% vs 2023