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Company Formations in 2018: Isle of Wight

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???? Businesses formed in Isle of Wight during 2018

5.7% more companies in Isle of Wight compared to 2017

New businesses in Isle of Wight mapped

Isle of Wight 644 formed

Dorset 8,314 formed

Hampshire 14,244 formed

West Sussex 6,048 formed

HampshireDorsetWest SussexIsle ofWight

Companies formed in 2018 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 2017: 1st
London
217,617
2nd 2017: 3rd
West Midlands
32,571
3rd 2017: 2nd
Greater Manchester
31,875
4th 2017: 4th
West Yorkshire
18,204
5th 2017: 5th
Essex
17,063
46th 2017: 46th
Isle of Wight
645
Rank
County
No. Companies formed
Rank County No. Companies formed
8th 2017: 8th
Hampshire
14,244
17th 2017: 20th
Dorset
8,314
28th 2017: 29th
West Sussex
6,048
46th 2017: 46th
Isle of Wight
645
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2017: 1st
London
217,617
2nd 2017: 3rd
West Midlands
32,571
3rd 2017: 2nd
Greater Manchester
31,875
4th 2017: 4th
West Yorkshire
18,204
5th 2017: 5th
Essex
17,063
6th 2017: 7th
Hertfordshire
15,554
7th 2017: 6th
Kent
15,057
8th 2017: 8th
Hampshire
14,244
9th 2017: 9th
Cheshire
13,259
10th 2017: 10th
Merseyside
11,451
11th 2017: 12th
Lancashire
11,291
12th 2017: 11th
Surrey
11,179
13th 2017: 15th
Berkshire
9,166
14th 2017: 17th
Buckinghamshire
8,915
15th 2017: 13th
Leicestershire
8,896
16th 2017: 16th
South Yorkshire
8,542
17th 2017: 20th
Dorset
8,314
18th 2017: 14th
Northamptonshire
7,630
19th 2017: 19th
East Sussex
7,462
20th 2017: 21st
Nottinghamshire
7,429
21st 2017: 23rd
Bedfordshire
7,013
22nd 2017: 18th
Worcestershire
6,889
23rd 2017: 22nd
North Yorkshire
6,822
24th 2017: 25th
Cambridgeshire
6,786
25th 2017: 26th
Tyne and Wear
6,669
26th 2017: 24th
Staffordshire
6,474
27th 2017: 27th
Derbyshire
6,167
28th 2017: 29th
West Sussex
6,048
29th 2017: 31st
Lincolnshire
5,910
30th 2017: 28th
Devon
5,908
31st 2017: 30th
Gloucestershire
5,719
32nd 2017: 32nd
Somerset
5,537
33rd 2017: 40th
Durham
5,223
34th 2017: 36th
Warwickshire
4,755
35th 2017: 34th
Bristol
4,635
36th 2017: 37th
Oxfordshire
4,631
37th 2017: 38th
Norfolk
4,542
38th 2017: 33rd
Wiltshire
4,348
39th 2017: 39th
Suffolk
4,292
40th 2017: 35th
East Riding of Yorkshire
3,195
41st 2017: 41st
Cornwall
2,829
42nd 2017: 42nd
Shropshire
2,634
43rd 2017: 43rd
Cumbria
2,259
44th 2017: 44th
Northumberland
1,422
45th 2017: 45th
Herefordshire
1,054
46th 2017: 46th
Isle of Wight
645
47th 2017: 47th
Rutland
198

New incorporations in 2018 per 1000 Man standing people

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In Isle of Wight

4.7

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National Average

10.6

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Type of companies formed in Isle of Wight breakdown

93% Private Limited Companies (603 companies)

7% Other company types (42 companies)

Other company types breakdown (42 companies)

Total companies in Isle of Wight by the end of 2018

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Businesses formed in Isle of Wight during 2018

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Businesses dissolved in Isle of Wight during 2018

meaning there is a total of

5,417

businesses registered in Isle of Wight at the end of 2018.

5.7% more companies in Isle of Wight compared to 2017

Surrounding counties 2018 breakdown & comparison

Dorset

56,307 total businesses
8,314 formed in 2018
5,575 dissolved in 2018

Hampshire

110,793 total businesses
14,244 formed in 2018
10,933 dissolved in 2018

West Sussex

51,556 total businesses
6,048 formed in 2018
4,694 dissolved in 2018

Isle of Wight

5,417 total businesses
645 formed in 2018
442 dissolved in 2018

HampshireDorsetWest SussexIsle ofWight

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arreton and Newchurch
11
31
20
Binstead and Fishbourne
11
19
8
Brading St Helens and Bembridge
30
50
20
Carisbrooke
10
15
5
Central Wight
12
9
-3
Chale Niton and Whitwell
3
10
7
Cowes Medina
13
18
5
Cowes North
19
22
3
Cowes South and Northwood
13
20
7
Cowes West and Gurnard
6
11
5
East Cowes
7
12
5
Freshwater North
2
4
2
Freshwater South
4
8
4
Godshill and Wroxall
12
16
4
Havenstreet Ashey and Haylands
8
13
5
Lake North
23
23
0
Lake South
10
9
-1
Nettlestone and Seaview
10
17
7
Newport Central
28
37
9
Newport East
8
18
10
Newport North
28
37
9
Newport South
17
21
4
Newport West
4
5
1
Parkhurst
7
13
6
Ryde East
4
9
5
Ryde North East
12
24
12
Ryde North West
22
20
-2
Ryde South
9
16
7
Ryde West
12
11
-1
Sandown North
5
7
2
Sandown South
11
2
-9
Shanklin Central
9
16
7
Shanklin South
9
11
2
Totland
6
10
4
Ventnor East
12
20
8
Ventnor West
4
9
5
West Wight
15
16
1
Whippingham and Osborne
3
18
15
Wootton Bridge
13
17
4

Total companies 2018 league table

The counties in England where the most existing companies were based at the end of 2018 and how Isle of Wight compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2017: 1st
London
1,163,777
2nd 2017: 2nd
Greater Manchester
184,396
3rd 2017: 3rd
West Midlands
167,807
4th 2017: 4th
Essex
122,421
5th 2017: 5th
West Yorkshire
118,705
46th 2017: 46th
Isle of Wight
5,417
Rank
County
Total companies
Rank County Total companies
7th 2017: 6th
Hampshire
110,793
18th 2017: 18th
Dorset
56,307
20th 2017: 20th
West Sussex
51,556
46th 2017: 46th
Isle of Wight
5,417
Rank
County
Total companies
Rank County Total companies
1st 2017: 1st
London
1,163,777
2nd 2017: 2nd
Greater Manchester
184,396
3rd 2017: 3rd
West Midlands
167,807
4th 2017: 4th
Essex
122,421
5th 2017: 5th
West Yorkshire
118,705
6th 2017: 7th
Hertfordshire
111,063
7th 2017: 6th
Hampshire
110,793
8th 2017: 8th
Kent
108,910
9th 2017: 9th
Surrey
98,968
10th 2017: 10th
Cheshire
78,274
11th 2017: 11th
Lancashire
75,763
12th 2017: 14th
Buckinghamshire
69,301
13th 2017: 12th
Berkshire
68,855
14th 2017: 13th
East Sussex
66,405
15th 2017: 15th
Merseyside
65,551
16th 2017: 16th
Leicestershire
60,027
17th 2017: 17th
South Yorkshire
58,193
18th 2017: 18th
Dorset
56,307
19th 2017: 19th
North Yorkshire
52,860
20th 2017: 20th
West Sussex
51,556
21st 2017: 22nd
Devon
51,129
22nd 2017: 21st
Gloucestershire
50,643
23rd 2017: 25th
Nottinghamshire
50,491
24th 2017: 24th
Somerset
49,396
25th 2017: 23rd
Staffordshire
48,752
26th 2017: 27th
Cambridgeshire
48,390
27th 2017: 28th
Derbyshire
46,632
28th 2017: 26th
Northamptonshire
44,212
29th 2017: 29th
Lincolnshire
43,713
30th 2017: 30th
Tyne and Wear
42,534
31st 2017: 32nd
Bedfordshire
42,015
32nd 2017: 31st
Oxfordshire
40,930
33rd 2017: 33rd
Worcestershire
37,800
34th 2017: 35th
Norfolk
37,466
35th 2017: 36th
Warwickshire
37,025
36th 2017: 34th
Wiltshire
36,714
37th 2017: 37th
Suffolk
35,510
38th 2017: 38th
Bristol
32,794
39th 2017: 39th
Durham
28,771
40th 2017: 40th
East Riding of Yorkshire
24,661
41st 2017: 41st
Shropshire
22,421
42nd 2017: 42nd
Cornwall
21,904
43rd 2017: 43rd
Cumbria
20,916
44th 2017: 44th
Northumberland
10,423
45th 2017: 45th
Herefordshire
9,243
46th 2017: 46th
Isle of Wight
5,417
47th 2017: 47th
Rutland
1,840

Total companies at the end of 2018 per 1000 Person people

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In Isle of Wight

39.1

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National Average

68.1

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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.

2014

541 formed

401 dissolved

2015

560 formed

374 dissolved

2016

545 formed

439 dissolved

2017

528 formed

421 dissolved

2018

645 formed

442 dissolved

Overall growth compared to previous year

4% vs 2014

2.5% vs 2015

3.06% vs 2016

5.7% vs 2017