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Company Formations in 2024: Hertfordshire

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???? Businesses formed in Hertfordshire during 2024

2.1% more companies in Hertfordshire compared to 2023

New businesses in Hertfordshire mapped

Boroughs

  • ABroxbourne: 1,163
  • BDacorum: 1,672
  • CEast Hertfordshire: 1,372
  • DHertsmere: 1,886
  • ENorth Hertfordshire: 1,122
  • FSt Albans: 1,629
  • GStevenage: 926
  • HThree Rivers: 1,149
  • IWatford: 1,695
  • JWelwyn Hatfield: 1,464

Companies formed in 2024 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 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
8th 2023: 8th
Hertfordshire
14,111
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2023: 1st
London
280,423
5th 2023: 5th
Essex
19,024
8th 2023: 8th
Hertfordshire
14,111
17th 2023: 16th
Buckinghamshire
9,185
20th 2023: 22nd
Cambridgeshire
8,588
22nd 2023: 19th
Bedfordshire
8,251
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 Hertfordshire

11.7

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12.5

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Type of companies formed in Hertfordshire breakdown

97% Private Limited Companies (13,640 companies)

3% Other company types (471 companies)

Other company types breakdown (471 companies)

Total companies in Hertfordshire by the end of 2024

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Businesses formed in Hertfordshire during 2024

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Businesses dissolved in Hertfordshire during 2024

meaning there is a total of

125,410

businesses registered in Hertfordshire at the end of 2024.

2.1% more companies in Hertfordshire compared to 2023

Surrounding counties 2024 breakdown & comparison

Cambridgeshire

61,973 total businesses
8,588 formed in 2024
6,428 dissolved in 2024

Essex

157,235 total businesses
19,024 formed in 2024
15,914 dissolved in 2024

Buckinghamshire

80,842 total businesses
9,185 formed in 2024
8,042 dissolved in 2024

London

1,560,328 total businesses
280,423 formed in 2024
219,451 dissolved in 2024

Bedfordshire

53,808 total businesses
8,251 formed in 2024
6,678 dissolved in 2024

Hertfordshire

125,410 total businesses
14,111 formed in 2024
11,897 dissolved in 2024

EssexHertfordshireBuckinghamshireCambridgeshireLondonBedfordshire

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Broxbourne and Hoddesdon South
88
116
28
Cheshunt North
85
127
42
Cheshunt South and Theobalds
104
125
21
Flamstead End
52
75
23
Goffs Oak
48
79
31
Hertford Heath
17
22
5
Hoddesdon North
38
84
46
Hoddesdon Town and Rye Park
151
162
11
Rosedale and Bury Green
55
83
28
Waltham Cross
193
233
40
Wormley and Turnford
100
77
-23
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Adeyfield East
113
182
69
Adeyfield West
36
46
10
Aldbury and Wigginton
11
16
5
Apsley and Corner Hall
99
95
-4
Ashridge
14
27
13
Bennetts End
50
51
1
Berkhamsted Castle
92
125
33
Berkhamsted East
43
60
17
Berkhamsted West
33
58
25
Bovingdon Flaunden and Chipperfield
58
52
-6
Boxmoor
83
61
-22
Chaulden and Warners End
55
42
-13
Gadebridge
31
27
-4
Grovehill
47
50
3
Hemel Hempstead Town
185
234
49
Highfield
33
50
17
Kings Langley
56
69
13
Leverstock Green
56
68
12
Nash Mills
15
26
11
Northchurch
12
20
8
Tring Central
24
24
0
Tring East
83
133
50
Tring West and Rural
41
50
9
Watling
35
49
14
Woodhall Farm
52
57
5
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bishop's Stortford All Saints
30
51
21
Bishop's Stortford Central
121
169
48
Bishop's Stortford Meads
72
87
15
Bishop's Stortford Silverleys
29
31
2
Bishop's Stortford South
26
40
14
Braughing
40
32
-8
Buntingford
24
40
16
Datchworth & Aston
6
23
17
Great Amwell
31
24
-7
Hertford Bengeo
39
50
11
Hertford Castle
237
234
-3
Hertford Heath
17
22
5
Hertford Kingsmead
40
50
10
Hertford Rural North
17
13
-4
Hertford Rural South
13
30
17
Hertford Sele
20
19
-1
Hunsdon
24
24
0
Little Hadham
18
20
2
Much Hadham
13
14
1
Mundens and Cottered
10
20
10
Puckeridge
13
15
2
Sawbridgeworth
71
112
41
Stanstead Abbots
29
54
25
Thundridge & Standon
9
20
11
Walkern
18
17
-1
Ware Chadwell
25
33
8
Ware Christchurch
53
84
31
Ware St Mary's
12
20
8
Ware Trinity
14
20
6
Watton-at-Stone
8
6
-2
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aldenham East
51
73
22
Aldenham West
67
65
-2
Borehamwood Brookmeadow
153
221
68
Borehamwood Cowley Hill
96
125
29
Borehamwood Hillside
480
377
-103
Borehamwood Kenilworth
100
161
61
Bushey Heath
114
74
-40
Bushey North
76
98
22
Bushey Park
32
39
7
Bushey St James
61
81
20
Elstree
84
77
-7
Potters Bar Furzefield
39
68
29
Potters Bar Oakmere
85
88
3
Potters Bar Parkfield
268
238
-30
Shenley
68
101
33
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arbury
13
18
5
Baldock East
5
7
2
Baldock Town
43
49
6
Cadwell
7
5
-2
Chesfield
55
67
12
Codicote
14
18
4
Ermine
12
19
7
Hitchin Bearton
191
272
81
Hitchin Highbury
84
101
17
Hitchin Oughton
17
20
3
Hitchin Priory
17
20
3
Hitchin Walsworth
40
38
-2
Hitchwood Offa and Hoo
42
49
7
Kimpton
9
13
4
Knebworth
26
42
16
Letchworth East
116
136
20
Letchworth Grange
18
32
14
Letchworth South East
28
18
-10
Letchworth South West
52
55
3
Letchworth Wilbury
34
15
-19
Royston Heath
26
29
3
Royston Meridian
21
14
-7
Royston Palace
66
65
-1
Weston and Sandon
16
20
4
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ashley
83
73
-10
Batchwood
46
53
7
Clarence
47
59
12
Colney Heath
42
68
26
Cunningham
45
40
-5
Harpenden East
39
42
3
Harpenden North
58
116
58
Harpenden South
41
48
7
Harpenden West
106
130
24
London Colney
152
158
6
Marshalswick North
19
42
23
Marshalswick South
73
83
10
Park Street
45
59
14
Redbourn
59
50
-9
Sandridge
21
31
10
Sopwell
82
79
-3
St Peters
366
297
-69
St Stephen
48
69
21
Verulam
59
82
23
Wheathampstead
99
50
-49
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bandley Hill
19
36
17
Bedwell
84
65
-19
Chells
33
40
7
Longmeadow
20
30
10
Manor
26
32
6
Martins Wood
37
40
3
Old Town
194
204
10
Pin Green
34
33
-1
Roebuck
120
190
70
Shephall
26
53
27
St Nicholas
47
46
-1
Symonds Green
105
112
7
Woodfield
61
45
-16
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbots Langley & Bedmond
32
44
12
Carpenders Park
64
102
38
Chorleywood North & Sarratt
68
72
4
Chorleywood South & Maple Cross
59
87
28
Dickinsons
63
91
28
Durrants
21
41
20
Gade Valley
65
109
44
Leavesden
47
62
15
Moor Park & Eastbury
115
147
32
Oxhey Hall & Hayling
59
76
17
Penn & Mill End
33
38
5
Rickmansworth Town
167
218
51
South Oxhey
41
65
24
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Callowland
135
183
48
Central
752
576
-176
Holywell
90
128
38
Leavesden
47
62
15
Leggatts
64
103
39
Meriden
58
64
6
Nascot
83
92
9
Oxhey
50
89
39
Park
66
90
24
Stanborough
53
70
17
Tudor
66
109
43
Vicarage
93
129
36
Woodside
42
59
17
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Brookmans Park and Little Heath
68
63
-5
Haldens
48
52
4
Handside
46
70
24
Hatfield Central
87
114
27
Hatfield East
103
105
2
Hatfield South
65
85
20
Hatfield Villages
126
183
57
Hatfield West
82
112
30
Hollybush
39
52
13
Howlands
22
29
7
Northaw and Cuffley
64
81
17
Panshanger
32
27
-5
Peartree
60
343
283
Sherrards
26
18
-8
Welham Green
44
39
-5
Welwyn East
26
42
16
Welwyn West
30
49
19

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Hertfordshire 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
8th 2023: 8th
Hertfordshire
125,410
Rank
County
Total companies
Rank County Total companies
1st 2023: 1st
London
1,560,328
5th 2023: 4th
Essex
157,235
8th 2023: 8th
Hertfordshire
125,410
13th 2023: 13th
Buckinghamshire
80,842
23rd 2023: 24th
Cambridgeshire
61,973
32nd 2023: 31st
Bedfordshire
53,808
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 Hertfordshire

104.1

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National Average

83.4

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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.

2020

14,464 formed

10,027 dissolved

2021

13,899 formed

13,874 dissolved

2022

13,643 formed

11,771 dissolved

2023

14,512 formed

12,706 dissolved

2024

14,111 formed

11,897 dissolved

Overall growth compared to previous year

0.85% vs 2020

2.8% vs 2021

0.61% vs 2022

2.1% vs 2023