Inform Direct Logo

Company Formations in 2020: Isle of Wight

Man holding pagper

???? Businesses formed in Isle of Wight during 2020

7.2% more companies in Isle of Wight compared to 2019

New businesses in Isle of Wight mapped

Isle of Wight 765 formed

Dorset 7,253 formed

Hampshire 15,534 formed

West Sussex 6,880 formed

HampshireDorsetWest SussexIsle ofWight

Companies formed in 2020 league table

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

Man holding trophy
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2019: 1st
London
270,114
2nd 2019: 3rd
West Midlands
37,202
3rd 2019: 2nd
Greater Manchester
36,288
4th 2019: 4th
West Yorkshire
22,615
5th 2019: 5th
Essex
19,277
46th 2019: 46th
Isle of Wight
765
Rank
County
No. Companies formed
Rank County No. Companies formed
7th 2019: 8th
Hampshire
15,534
26th 2019: 19th
Dorset
7,253
29th 2019: 29th
West Sussex
6,880
46th 2019: 46th
Isle of Wight
765
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2019: 1st
London
270,114
2nd 2019: 3rd
West Midlands
37,202
3rd 2019: 2nd
Greater Manchester
36,288
4th 2019: 4th
West Yorkshire
22,615
5th 2019: 5th
Essex
19,277
6th 2019: 6th
Kent
18,501
7th 2019: 8th
Hampshire
15,534
8th 2019: 7th
Hertfordshire
14,464
9th 2019: 10th
Merseyside
13,410
10th 2019: 11th
Lancashire
12,655
11th 2019: 13th
Leicestershire
12,543
12th 2019: 12th
Surrey
11,997
13th 2019: 9th
Cheshire
11,017
14th 2019: 15th
South Yorkshire
10,450
15th 2019: 16th
Berkshire
9,920
16th 2019: 17th
Buckinghamshire
9,394
17th 2019: 21st
Nottinghamshire
8,760
18th 2019: 26th
Bedfordshire
8,238
19th 2019: 22nd
North Yorkshire
8,200
20th 2019: 20th
East Sussex
8,149
21st 2019: 23rd
Tyne and Wear
7,867
22nd 2019: 24th
Staffordshire
7,720
23rd 2019: 18th
Northamptonshire
7,534
24th 2019: 25th
Cambridgeshire
7,516
25th 2019: 27th
Derbyshire
7,413
26th 2019: 19th
Dorset
7,253
27th 2019: 28th
Devon
7,174
28th 2019: 14th
Worcestershire
6,955
29th 2019: 29th
West Sussex
6,880
30th 2019: 30th
Lincolnshire
6,475
31st 2019: 31st
Somerset
6,432
32nd 2019: 32nd
Gloucestershire
6,419
33rd 2019: 35th
Bristol
5,559
34th 2019: 34th
Oxfordshire
5,363
35th 2019: 38th
Suffolk
5,105
36th 2019: 37th
Durham
5,083
37th 2019: 36th
Norfolk
5,006
38th 2019: 33rd
Warwickshire
4,920
39th 2019: 39th
Wiltshire
4,645
40th 2019: 40th
East Riding of Yorkshire
3,667
41st 2019: 41st
Shropshire
3,386
42nd 2019: 42nd
Cornwall
2,951
43rd 2019: 43rd
Cumbria
2,333
44th 2019: 45th
Herefordshire
2,327
45th 2019: 44th
Northumberland
1,560
46th 2019: 46th
Isle of Wight
765
47th 2019: 47th
Rutland
410

New incorporations in 2020 per 1000 Man standing people

Briefcase with a sticker stating New

In Isle of Wight

5.5

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

National Average

12.3

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

Type of companies formed in Isle of Wight breakdown

96% Private Limited Companies (731 companies)

4% Other company types (34 companies)

Other company types breakdown (34 companies)

Total companies in Isle of Wight by the end of 2020

Man shaking hands

????

Businesses formed in Isle of Wight during 2020

Man looking at a graph

????

Businesses dissolved in Isle of Wight during 2020

meaning there is a total of

6,118

businesses registered in Isle of Wight at the end of 2020.

7.2% more companies in Isle of Wight compared to 2019

Surrounding counties 2020 breakdown & comparison

Dorset

54,841 total businesses
7,253 formed in 2020
4,938 dissolved in 2020

Hampshire

121,331 total businesses
15,534 formed in 2020
9,709 dissolved in 2020

West Sussex

56,212 total businesses
6,880 formed in 2020
4,250 dissolved in 2020

Isle of Wight

6,118 total businesses
765 formed in 2020
398 dissolved in 2020

HampshireDorsetWest SussexIsle ofWight

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arreton and Newchurch
24
24
0
Binstead and Fishbourne
4
13
9
Brading St Helens and Bembridge
26
43
17
Carisbrooke
4
105
101
Central Wight
13
16
3
Chale Niton and Whitwell
3
9
6
Cowes Medina
17
16
-1
Cowes North
11
35
24
Cowes South and Northwood
8
25
17
Cowes West and Gurnard
4
12
8
East Cowes
9
11
2
Freshwater North
5
18
13
Freshwater South
7
6
-1
Godshill and Wroxall
10
14
4
Havenstreet Ashey and Haylands
6
12
6
Lake North
9
10
1
Lake South
8
5
-3
Nettlestone and Seaview
12
23
11
Newport Central
18
42
24
Newport East
10
12
2
Newport North
26
48
22
Newport South
15
16
1
Newport West
3
10
7
Parkhurst
3
13
10
Ryde East
6
8
2
Ryde North East
11
19
8
Ryde North West
15
32
17
Ryde South
12
12
0
Ryde West
6
12
6
Sandown North
7
18
11
Sandown South
4
14
10
Shanklin Central
15
12
-3
Shanklin South
5
18
13
Totland
6
5
-1
Ventnor East
12
16
4
Ventnor West
7
13
6
West Wight
13
11
-2
Whippingham and Osborne
11
23
12
Wootton Bridge
9
14
5

Total companies 2020 league table

The counties in England where the most existing companies were based at the end of 2020 and how Isle of Wight compares to them.

Man holding trophy
Rank
County
Total companies
Rank County Total companies
1st 2019: 1st
London
1,338,261
2nd 2019: 2nd
Greater Manchester
207,946
3rd 2019: 3rd
West Midlands
191,692
4th 2019: 4th
Essex
137,310
5th 2019: 5th
West Yorkshire
135,276
46th 2019: 46th
Isle of Wight
6,118
Rank
County
Total companies
Rank County Total companies
7th 2019: 6th
Hampshire
121,331
20th 2019: 21st
West Sussex
56,212
25th 2019: 18th
Dorset
54,841
46th 2019: 46th
Isle of Wight
6,118
Rank
County
Total companies
Rank County Total companies
1st 2019: 1st
London
1,338,261
2nd 2019: 2nd
Greater Manchester
207,946
3rd 2019: 3rd
West Midlands
191,692
4th 2019: 4th
Essex
137,310
5th 2019: 5th
West Yorkshire
135,276
6th 2019: 7th
Kent
122,694
7th 2019: 6th
Hampshire
121,331
8th 2019: 8th
Hertfordshire
117,796
9th 2019: 9th
Surrey
105,715
10th 2019: 10th
Cheshire
86,796
11th 2019: 11th
Lancashire
83,690
12th 2019: 14th
Merseyside
74,780
13th 2019: 13th
Buckinghamshire
73,748
14th 2019: 12th
Berkshire
73,492
15th 2019: 16th
Leicestershire
71,425
16th 2019: 15th
East Sussex
70,311
17th 2019: 17th
South Yorkshire
65,398
18th 2019: 19th
North Yorkshire
58,526
19th 2019: 20th
Devon
57,278
20th 2019: 21st
West Sussex
56,212
21st 2019: 25th
Nottinghamshire
56,199
22nd 2019: 22nd
Gloucestershire
55,106
23rd 2019: 23rd
Somerset
55,092
24th 2019: 24th
Staffordshire
54,862
25th 2019: 18th
Dorset
54,841
26th 2019: 26th
Cambridgeshire
54,497
27th 2019: 27th
Northamptonshire
52,017
28th 2019: 28th
Derbyshire
51,742
29th 2019: 29th
Lincolnshire
48,061
30th 2019: 30th
Tyne and Wear
47,790
31st 2019: 33rd
Bedfordshire
46,207
32nd 2019: 32nd
Oxfordshire
45,071
33rd 2019: 31st
Worcestershire
44,570
34th 2019: 35th
Norfolk
41,185
35th 2019: 34th
Warwickshire
40,304
36th 2019: 37th
Suffolk
39,507
37th 2019: 36th
Wiltshire
39,022
38th 2019: 38th
Bristol
36,208
39th 2019: 39th
Durham
31,943
40th 2019: 40th
East Riding of Yorkshire
26,864
41st 2019: 41st
Shropshire
25,603
42nd 2019: 42nd
Cornwall
23,804
43rd 2019: 43rd
Cumbria
22,186
44th 2019: 45th
Herefordshire
12,800
45th 2019: 44th
Northumberland
11,575
46th 2019: 46th
Isle of Wight
6,118
47th 2019: 47th
Rutland
2,257

Total companies at the end of 2020 per 1000 Person people

Briefcase

In Isle of Wight

44.2

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

National Average

76.4

Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase
Small Briefcase

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.

2016

545 formed

439 dissolved

2017

528 formed

421 dissolved

2018

645 formed

442 dissolved

2019

675 formed

449 dissolved

2020

765 formed

398 dissolved

Overall growth compared to previous year

3.06% vs 2016

5.7% vs 2017

5.32% vs 2018

7.2% vs 2019