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Company Formations in 2016: Isle of Wight

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???? Businesses formed in Isle of Wight during 2016

2.5% more companies in Isle of Wight compared to 2015

New businesses in Isle of Wight mapped

Isle of Wight 545 formed

Dorset 8,113 formed

Hampshire 14,249 formed

West Sussex 5,996 formed

HampshireDorsetWest SussexIsle ofWight

Companies formed in 2016 league table

The counties in England where most companies are formed, and how Isle of Wight compares.

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Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2015: 1st
London
209,869
2nd 2015: 2nd
Greater Manchester
32,999
3rd 2015: 3rd
West Midlands
31,162
4th 2015: 4th
West Yorkshire
17,837
5th 2015: 6th
Hertfordshire
17,671
46th 2015: 46th
Isle of Wight
545
Rank
County
No. Companies formed
Rank County No. Companies formed
9th 2015: 8th
Hampshire
14,249
19th 2015: 17th
Dorset
8,113
29th 2015: 26th
West Sussex
5,996
46th 2015: 46th
Isle of Wight
545
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2015: 1st
London
209,869
2nd 2015: 2nd
Greater Manchester
32,999
3rd 2015: 3rd
West Midlands
31,162
4th 2015: 4th
West Yorkshire
17,837
5th 2015: 6th
Hertfordshire
17,671
6th 2015: 5th
Essex
15,887
7th 2015: 10th
Cheshire
15,328
8th 2015: 7th
Kent
14,577
9th 2015: 8th
Hampshire
14,249
10th 2015: 24th
Bedfordshire
13,677
11th 2015: 34th
Wiltshire
11,837
12th 2015: 9th
Surrey
11,070
13th 2015: 12th
Merseyside
10,617
14th 2015: 11th
Lancashire
10,600
15th 2015: 13th
South Yorkshire
9,265
16th 2015: 14th
Berkshire
9,081
17th 2015: 16th
Buckinghamshire
8,523
18th 2015: 18th
Leicestershire
8,307
19th 2015: 17th
Dorset
8,113
20th 2015: 15th
East Sussex
7,939
21st 2015: 22nd
Staffordshire
7,618
22nd 2015: 23rd
Northamptonshire
7,050
23rd 2015: 20th
Nottinghamshire
6,642
24th 2015: 39th
Worcestershire
6,602
25th 2015: 21st
North Yorkshire
6,525
26th 2015: 27th
Tyne and Wear
6,380
27th 2015: 19th
Derbyshire
6,271
28th 2015: 25th
Cambridgeshire
6,208
29th 2015: 26th
West Sussex
5,996
30th 2015: 30th
Devon
5,703
31st 2015: 28th
Lincolnshire
5,698
32nd 2015: 29th
Gloucestershire
5,639
33rd 2015: 31st
Somerset
5,328
34th 2015: 32nd
Bristol
5,196
35th 2015: 35th
Warwickshire
4,709
36th 2015: 33rd
Oxfordshire
4,517
37th 2015: 36th
Norfolk
4,480
38th 2015: 37th
Suffolk
4,291
39th 2015: 40th
East Riding of Yorkshire
4,080
40th 2015: 38th
Durham
4,017
41st 2015: 41st
Shropshire
2,496
42nd 2015: 42nd
Cornwall
2,468
43rd 2015: 43rd
Cumbria
1,979
44th 2015: 44th
Northumberland
1,302
45th 2015: 45th
Herefordshire
853
46th 2015: 46th
Isle of Wight
545
47th 2015: 47th
Rutland
217

New incorporations in 2016 per 1000 Man standing people

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In Isle of Wight

3.9

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National Average

10.5

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Type of companies formed in Isle of Wight breakdown

95% Private Limited Companies (519 companies)

5% Other company types (26 companies)

Other company types breakdown (26 companies)

Total companies in Isle of Wight by the end of 2016

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Businesses formed in Isle of Wight during 2016

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Businesses dissolved in Isle of Wight during 2016

meaning there is a total of

4,973

businesses registered in Isle of Wight at the end of 2016.

2.5% more companies in Isle of Wight compared to 2015

Surrounding counties 2016 breakdown & comparison

Dorset

50,419 total businesses
8,113 formed in 2016
4,726 dissolved in 2016

Hampshire

103,043 total businesses
14,249 formed in 2016
10,922 dissolved in 2016

West Sussex

48,518 total businesses
5,996 formed in 2016
4,857 dissolved in 2016

Isle of Wight

4,973 total businesses
545 formed in 2016
439 dissolved in 2016

HampshireDorsetWest SussexIsle ofWight

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arreton and Newchurch
16
14
-2
Binstead and Fishbourne
14
17
3
Brading St Helens and Bembridge
30
42
12
Carisbrooke
6
11
5
Central Wight
8
11
3
Chale Niton and Whitwell
7
10
3
Cowes Medina
11
11
0
Cowes North
15
15
0
Cowes South and Northwood
9
25
16
Cowes West and Gurnard
16
10
-6
East Cowes
10
9
-1
Freshwater North
3
3
0
Freshwater South
5
4
-1
Godshill and Wroxall
14
13
-1
Havenstreet Ashey and Haylands
6
16
10
Lake North
11
12
1
Lake South
10
10
0
Nettlestone and Seaview
9
17
8
Newport Central
36
45
9
Newport East
5
8
3
Newport North
25
44
19
Newport South
7
25
18
Newport West
1
6
5
Parkhurst
11
9
-2
Ryde East
6
5
-1
Ryde North East
7
10
3
Ryde North West
20
31
11
Ryde South
12
6
-6
Ryde West
8
5
-3
Sandown North
13
12
-1
Sandown South
5
6
1
Shanklin Central
4
6
2
Shanklin South
5
11
6
Totland
7
6
-1
Ventnor East
7
10
3
Ventnor West
25
6
-19
West Wight
8
18
10
Whippingham and Osborne
17
11
-6
Wootton Bridge
10
15
5

Total companies 2016 league table

The counties in England where the most existing companies were based at the end of 2016 and how Isle of Wight compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2015: 1st
London
1,070,255
2nd 2015: 2nd
Greater Manchester
167,797
3rd 2015: 3rd
West Midlands
156,118
4th 2015: 4th
Essex
112,065
5th 2015: 5th
West Yorkshire
107,764
46th 2015: 46th
Isle of Wight
4,973
Rank
County
Total companies
Rank County Total companies
7th 2015: 6th
Hampshire
103,043
18th 2015: 18th
Dorset
50,419
19th 2015: 19th
West Sussex
48,518
46th 2015: 46th
Isle of Wight
4,973
Rank
County
Total companies
Rank County Total companies
1st 2015: 1st
London
1,070,255
2nd 2015: 2nd
Greater Manchester
167,797
3rd 2015: 3rd
West Midlands
156,118
4th 2015: 4th
Essex
112,065
5th 2015: 5th
West Yorkshire
107,764
6th 2015: 7th
Hertfordshire
104,699
7th 2015: 6th
Hampshire
103,043
8th 2015: 8th
Kent
98,931
9th 2015: 9th
Surrey
95,997
10th 2015: 10th
Cheshire
74,912
11th 2015: 11th
Lancashire
68,241
12th 2015: 12th
Berkshire
64,828
13th 2015: 13th
East Sussex
63,012
14th 2015: 14th
Buckinghamshire
62,413
15th 2015: 15th
Merseyside
60,027
16th 2015: 16th
South Yorkshire
55,438
17th 2015: 17th
Leicestershire
52,138
18th 2015: 18th
Dorset
50,419
19th 2015: 19th
West Sussex
48,518
20th 2015: 20th
North Yorkshire
48,164
21st 2015: 21st
Gloucestershire
47,665
22nd 2015: 22nd
Devon
47,095
23rd 2015: 24th
Staffordshire
47,000
24th 2015: 23rd
Somerset
46,011
25th 2015: 26th
Nottinghamshire
45,573
26th 2015: 32nd
Bedfordshire
44,451
27th 2015: 25th
Derbyshire
43,529
28th 2015: 27th
Cambridgeshire
43,412
29th 2015: 33rd
Wiltshire
41,591
30th 2015: 28th
Lincolnshire
40,701
31st 2015: 29th
Northamptonshire
40,600
32nd 2015: 31st
Tyne and Wear
38,544
33rd 2015: 30th
Oxfordshire
38,413
34th 2015: 35th
Norfolk
34,374
35th 2015: 34th
Warwickshire
34,180
36th 2015: 38th
Worcestershire
33,436
37th 2015: 36th
Suffolk
32,526
38th 2015: 37th
Bristol
31,308
39th 2015: 39th
Durham
25,127
40th 2015: 40th
East Riding of Yorkshire
23,848
41st 2015: 41st
Shropshire
20,422
42nd 2015: 42nd
Cumbria
19,675
43rd 2015: 43rd
Cornwall
19,655
44th 2015: 44th
Northumberland
9,713
45th 2015: 45th
Herefordshire
8,293
46th 2015: 46th
Isle of Wight
4,973
47th 2015: 47th
Rutland
1,742

Total companies at the end of 2016 per 1000 Person people

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In Isle of Wight

35.9

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National Average

62.6

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The last 5 years

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

2012

488 formed

296 dissolved

2013

516 formed

335 dissolved

2014

541 formed

401 dissolved

2015

560 formed

374 dissolved

2016

545 formed

439 dissolved

Overall growth compared to previous year

4.2% vs 2012

3.1% vs 2013

4% vs 2014

2.5% vs 2015