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Company Formations in 2023: Herefordshire

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???? Businesses formed in Herefordshire during 2023

1.5% fewer companies in Herefordshire compared to 2022

New businesses in Herefordshire mapped

Herefordshire 2,535 formed

Powys 591 formed

Monmouthshire 551 formed

Worcestershire 4,808 formed

Gloucestershire 6,902 formed

Shropshire 3,480 formed

HerefordshireGloucestershireWorcestershireShropshireMonmouthshirePowys

Companies formed in 2023 league table

The counties in England where most companies are formed, and how Herefordshire 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
44th 2022: 42nd
Herefordshire
2,540
Rank
County
No. Companies formed
Rank County No. Companies formed
30th 2022: 31st
Gloucestershire
6,902
39th 2022: 37th
Worcestershire
4,808
41st 2022: 41st
Shropshire
3,480
44th 2022: 42nd
Herefordshire
2,540
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 Herefordshire

13.8

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National Average

14.2

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Type of companies formed in Herefordshire breakdown

96% Private Limited Companies (2,449 companies)

4% Other company types (91 companies)

Other company types breakdown (91 companies)

Total companies in Herefordshire by the end of 2023

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Businesses formed in Herefordshire during 2023

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Businesses dissolved in Herefordshire during 2023

meaning there is a total of

16,164

businesses registered in Herefordshire at the end of 2023.

1.5% fewer companies in Herefordshire compared to 2022

Surrounding counties 2023 breakdown & comparison

Powys

6,031 total businesses
591 formed in 2023
445 dissolved in 2023

Monmouthshire

5,223 total businesses
551 formed in 2023
540 dissolved in 2023

Worcestershire

45,794 total businesses
4,808 formed in 2023
4,858 dissolved in 2023

Gloucestershire

59,830 total businesses
6,902 formed in 2023
5,515 dissolved in 2023

Shropshire

28,037 total businesses
3,480 formed in 2023
2,575 dissolved in 2023

Herefordshire

16,164 total businesses
2,540 formed in 2023
1,684 dissolved in 2023

HerefordshireGloucestershireWorcestershireShropshireMonmouthshirePowys

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arrow
8
13
5
Aylestone Hill
5
7
2
Backbury
12
17
5
Belmont Rural
4
16
12
Birch
14
11
-3
Bircher
19
15
-4
Bishops Frome & Cradley
24
19
-5
Bobblestock
5
9
4
Bromyard Bringsty
18
17
-1
Bromyard West
7
16
9
Castle
14
10
-4
Central
42
92
50
College
5
11
6
Credenhill
29
31
2
Dinedor Hill
79
96
17
Eign Hill
14
28
14
Golden Valley North
15
6
-9
Golden Valley South
14
12
-2
Greyfriars
51
39
-12
Hagley
44
56
12
Hampton
22
16
-6
Hinton & Hunderton
12
14
2
Holmer
12
24
12
Hope End
20
22
2
Kerne Bridge
13
19
6
Kings Acre
6
14
8
Kington
762
1400
638
Ledbury North
16
18
2
Ledbury South
11
16
5
Ledbury West
6
4
-2
Leominster East
41
40
-1
Leominster North & Rural
8
16
8
Leominster South
16
16
0
Leominster West
5
5
0
Llangarron
13
21
8
Mortimer
19
14
-5
Newton Farm
5
12
7
Old Gore
14
30
16
Penyard
15
28
13
Queenswood
10
20
10
Red Hill
10
12
2
Ross East
20
31
11
Ross North
23
28
5
Ross West
26
26
0
Saxon Gate
10
15
5
Stoney Street
14
17
3
Sutton Walls
7
9
2
Three Crosses
14
18
4
Tupsley
3
7
4
Weobley
8
14
6
Whitecross
7
12
5
Widemarsh
40
61
21
Wormside
10
15
5

Total companies 2023 league table

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

Man holding trophy
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
44th 2022: 44th
Herefordshire
16,164
Rank
County
Total companies
Rank County Total companies
26th 2022: 25th
Gloucestershire
59,830
35th 2022: 35th
Worcestershire
45,794
41st 2022: 41st
Shropshire
28,037
44th 2022: 44th
Herefordshire
16,164
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 Herefordshire

88.0

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National Average

86.6

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The last 5 years

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

2019

1,499 formed

797 dissolved

2020

2,327 formed

766 dissolved

2021

2,858 formed

1,324 dissolved

2022

2,928 formed

1,497 dissolved

2023

2,540 formed

1,684 dissolved

Overall growth compared to previous year

21.93% vs 2019

15.86% vs 2020

10.67% vs 2021

-1.5% vs 2022