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Company Formations in 2022: Hertfordshire

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???? Businesses formed in Hertfordshire during 2022

2.8% more companies in Hertfordshire compared to 2021

New businesses in Hertfordshire mapped

Boroughs

  • ABroxbourne: 1,143
  • BDacorum: 1,860
  • CEast Hertfordshire: 1,261
  • DHertsmere: 1,741
  • ENorth Hertfordshire: 1,090
  • FSt Albans: 1,685
  • GStevenage: 1,019
  • HThree Rivers: 1,089
  • IWatford: 1,553
  • JWelwyn Hatfield: 1,171

Companies formed in 2022 league table

The counties in England where most companies are formed, and how Hertfordshire 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
8th 2021: 8th
Hertfordshire
13,643
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2021: 1st
London
274,838
5th 2021: 5th
Essex
18,955
8th 2021: 8th
Hertfordshire
13,643
17th 2021: 16th
Buckinghamshire
8,683
18th 2021: 24th
Bedfordshire
8,495
25th 2021: 23rd
Cambridgeshire
7,739
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 Hertfordshire

12.2

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National Average

12.7

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Type of companies formed in Hertfordshire breakdown

96% Private Limited Companies (13,103 companies)

4% Other company types (540 companies)

Other company types breakdown (540 companies)

Total companies in Hertfordshire by the end of 2022

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Businesses formed in Hertfordshire during 2022

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Businesses dissolved in Hertfordshire 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

122,123

businesses registered in Hertfordshire at the end of 2022.

2.8% more companies in Hertfordshire compared to 2021

Surrounding counties 2022 breakdown & comparison

Cambridgeshire

57,788 total businesses
7,739 formed in 2022
6,068 dissolved in 2022

Essex

148,387 total businesses
18,955 formed in 2022
14,636 dissolved in 2022

Buckinghamshire

78,850 total businesses
8,683 formed in 2022
8,214 dissolved in 2022

London

1,462,539 total businesses
274,838 formed in 2022
185,954 dissolved in 2022

Bedfordshire

50,545 total businesses
8,495 formed in 2022
5,785 dissolved in 2022

Hertfordshire

122,123 total businesses
13,643 formed in 2022
11,771 dissolved in 2022

EssexHertfordshireBuckinghamshireCambridgeshireLondonBedfordshire

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Broxbourne and Hoddesdon South
92
133
41
Cheshunt North
94
103
9
Cheshunt South and Theobalds
102
136
34
Flamstead End
53
62
9
Goffs Oak
54
86
32
Hertford Heath
15
19
4
Hoddesdon North
50
54
4
Hoddesdon Town and Rye Park
180
153
-27
Rosedale and Bury Green
47
66
19
Waltham Cross
157
249
92
Wormley and Turnford
62
100
38
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Adeyfield East
123
204
81
Adeyfield West
33
42
9
Aldbury and Wigginton
16
18
2
Apsley and Corner Hall
86
112
26
Ashridge
15
14
-1
Bennetts End
34
47
13
Berkhamsted Castle
106
129
23
Berkhamsted East
47
61
14
Berkhamsted West
37
34
-3
Bovingdon Flaunden and Chipperfield
55
58
3
Boxmoor
324
147
-177
Chaulden and Warners End
38
58
20
Gadebridge
21
57
36
Grovehill
41
65
24
Hemel Hempstead Town
94
252
158
Highfield
31
49
18
Kings Langley
49
82
33
Leverstock Green
52
74
22
Nash Mills
20
22
2
Northchurch
8
11
3
Tring Central
23
33
10
Tring East
115
105
-10
Tring West and Rural
45
51
6
Watling
65
61
-4
Woodhall Farm
36
74
38
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bishop's Stortford All Saints
43
43
0
Bishop's Stortford Central
116
130
14
Bishop's Stortford Meads
88
54
-34
Bishop's Stortford Silverleys
22
36
14
Bishop's Stortford South
35
34
-1
Braughing
39
45
6
Buntingford
23
42
19
Datchworth & Aston
17
18
1
Great Amwell
9
16
7
Hertford Bengeo
38
37
-1
Hertford Castle
293
241
-52
Hertford Heath
15
19
4
Hertford Kingsmead
45
39
-6
Hertford Rural North
10
18
8
Hertford Rural South
23
19
-4
Hertford Sele
20
20
0
Hunsdon
14
29
15
Little Hadham
14
27
13
Much Hadham
24
28
4
Mundens and Cottered
15
14
-1
Puckeridge
7
17
10
Sawbridgeworth
79
109
30
Stanstead Abbots
32
52
20
Thundridge & Standon
20
19
-1
Walkern
11
16
5
Ware Chadwell
54
22
-32
Ware Christchurch
74
77
3
Ware St Mary's
18
15
-3
Ware Trinity
17
22
5
Watton-at-Stone
8
4
-4
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aldenham East
37
49
12
Aldenham West
45
74
29
Borehamwood Brookmeadow
121
173
52
Borehamwood Cowley Hill
74
131
57
Borehamwood Hillside
494
355
-139
Borehamwood Kenilworth
106
146
40
Bushey Heath
61
43
-18
Bushey North
88
95
7
Bushey Park
36
31
-5
Bushey St James
42
69
27
Elstree
117
69
-48
Potters Bar Furzefield
45
56
11
Potters Bar Oakmere
82
89
7
Potters Bar Parkfield
351
279
-72
Shenley
57
82
25
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arbury
9
21
12
Baldock East
9
7
-2
Baldock Town
42
53
11
Cadwell
6
11
5
Chesfield
38
53
15
Codicote
24
17
-7
Ermine
13
19
6
Hitchin Bearton
129
221
92
Hitchin Highbury
97
81
-16
Hitchin Oughton
18
16
-2
Hitchin Priory
24
23
-1
Hitchin Walsworth
32
38
6
Hitchwood Offa and Hoo
34
50
16
Kimpton
10
8
-2
Knebworth
26
41
15
Letchworth East
125
114
-11
Letchworth Grange
23
28
5
Letchworth South East
21
40
19
Letchworth South West
39
65
26
Letchworth Wilbury
17
36
19
Royston Heath
26
28
2
Royston Meridian
14
15
1
Royston Palace
63
94
31
Weston and Sandon
22
11
-11
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashley
130
56
-74
Batchwood
29
40
11
Clarence
54
54
0
Colney Heath
63
62
-1
Cunningham
36
41
5
Harpenden East
44
48
4
Harpenden North
50
84
34
Harpenden South
37
46
9
Harpenden West
92
128
36
London Colney
119
199
80
Marshalswick North
35
35
0
Marshalswick South
86
75
-11
Park Street
66
71
5
Redbourn
39
48
9
Sandridge
22
20
-2
Sopwell
122
54
-68
St Peters
313
401
88
St Stephen
59
51
-8
Verulam
49
88
39
Wheathampstead
111
84
-27
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bandley Hill
19
34
15
Bedwell
37
78
41
Chells
31
37
6
Longmeadow
21
34
13
Manor
17
33
16
Martins Wood
27
34
7
Old Town
135
187
52
Pin Green
28
34
6
Roebuck
106
233
127
Shephall
26
41
15
St Nicholas
42
72
30
Symonds Green
66
121
55
Woodfield
26
81
55
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbots Langley & Bedmond
26
42
16
Carpenders Park
59
102
43
Chorleywood North & Sarratt
67
72
5
Chorleywood South & Maple Cross
61
57
-4
Dickinsons
67
96
29
Durrants
23
32
9
Gade Valley
60
92
32
Leavesden
49
68
19
Moor Park & Eastbury
133
185
52
Oxhey Hall & Hayling
52
65
13
Penn & Mill End
49
46
-3
Rickmansworth Town
158
169
11
South Oxhey
39
66
27
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Callowland
129
159
30
Central
680
500
-180
Holywell
107
176
69
Leavesden
49
68
19
Leggatts
52
72
20
Meriden
60
82
22
Nascot
99
98
-1
Oxhey
59
82
23
Park
57
67
10
Stanborough
47
54
7
Tudor
78
88
10
Vicarage
72
118
46
Woodside
37
54
17
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Brookmans Park and Little Heath
56
57
1
Haldens
35
49
14
Handside
54
61
7
Hatfield Central
72
113
41
Hatfield East
100
112
12
Hatfield South
72
88
16
Hatfield Villages
138
165
27
Hatfield West
97
110
13
Hollybush
47
63
16
Howlands
30
27
-3
Northaw and Cuffley
35
71
36
Panshanger
32
57
25
Peartree
56
57
1
Sherrards
23
25
2
Welham Green
45
50
5
Welwyn East
34
39
5
Welwyn West
37
27
-10

Total companies 2022 league table

The counties in England where the most existing companies were based at the end of 2022 and how Hertfordshire 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
8th 2021: 8th
Hertfordshire
122,123
Rank
County
Total companies
Rank County Total companies
1st 2021: 1st
London
1,462,539
5th 2021: 4th
Essex
148,387
8th 2021: 8th
Hertfordshire
122,123
13th 2021: 14th
Buckinghamshire
78,850
26th 2021: 26th
Cambridgeshire
57,788
31st 2021: 31st
Bedfordshire
50,545
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 Hertfordshire

109.1

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National Average

82.7

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The last 5 years

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

2018

15,554 formed

12,657 dissolved

2019

15,231 formed

12,403 dissolved

2020

14,464 formed

10,027 dissolved

2021

13,899 formed

13,874 dissolved

2022

13,643 formed

11,771 dissolved

Overall growth compared to previous year

1.84% vs 2018

4.15% vs 2019

0.85% vs 2020

2.8% vs 2021