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Company Formations in 2021: Isle of Wight

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???? Businesses formed in Isle of Wight during 2021

3.3% more companies in Isle of Wight compared to 2020

New businesses in Isle of Wight mapped

Isle of Wight 693 formed

Dorset 7,584 formed

Hampshire 14,512 formed

West Sussex 6,463 formed

HampshireDorsetWest SussexIsle ofWight

Companies formed in 2021 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 2020: 1st
London
269,246
2nd 2020: 2nd
West Midlands
36,485
3rd 2020: 3rd
Greater Manchester
36,442
4th 2020: 4th
West Yorkshire
22,140
5th 2020: 5th
Essex
18,584
46th 2020: 46th
Isle of Wight
697
Rank
County
No. Companies formed
Rank County No. Companies formed
7th 2020: 7th
Hampshire
14,512
22nd 2020: 26th
Dorset
7,584
31st 2020: 29th
West Sussex
6,463
46th 2020: 46th
Isle of Wight
697
Rank
County
No. Companies formed
Rank County No. Companies formed
1st 2020: 1st
London
269,246
2nd 2020: 2nd
West Midlands
36,485
3rd 2020: 3rd
Greater Manchester
36,442
4th 2020: 4th
West Yorkshire
22,140
5th 2020: 5th
Essex
18,584
6th 2020: 6th
Kent
16,625
7th 2020: 7th
Hampshire
14,512
8th 2020: 8th
Hertfordshire
13,899
9th 2020: 9th
Merseyside
13,108
10th 2020: 10th
Lancashire
12,800
11th 2020: 12th
Surrey
11,021
12th 2020: 14th
South Yorkshire
10,815
13th 2020: 13th
Cheshire
9,800
14th 2020: 11th
Leicestershire
9,685
15th 2020: 15th
Berkshire
9,605
16th 2020: 16th
Buckinghamshire
8,910
17th 2020: 17th
Nottinghamshire
8,810
18th 2020: 22nd
Staffordshire
8,541
19th 2020: 20th
East Sussex
7,675
20th 2020: 21st
Tyne and Wear
7,623
21st 2020: 19th
North Yorkshire
7,614
22nd 2020: 26th
Dorset
7,584
23rd 2020: 24th
Cambridgeshire
7,476
24th 2020: 18th
Bedfordshire
7,413
25th 2020: 28th
Worcestershire
7,361
26th 2020: 25th
Derbyshire
7,261
27th 2020: 23rd
Northamptonshire
7,131
28th 2020: 31st
Somerset
7,057
29th 2020: 30th
Lincolnshire
6,903
30th 2020: 27th
Devon
6,825
31st 2020: 29th
West Sussex
6,463
32nd 2020: 32nd
Gloucestershire
6,357
33rd 2020: 35th
Suffolk
5,445
34th 2020: 37th
Norfolk
5,214
35th 2020: 33rd
Bristol
5,125
36th 2020: 38th
Warwickshire
5,117
37th 2020: 36th
Durham
5,065
38th 2020: 34th
Oxfordshire
5,053
39th 2020: 39th
Wiltshire
4,432
40th 2020: 40th
East Riding of Yorkshire
3,749
41st 2020: 42nd
Cornwall
2,993
42nd 2020: 41st
Shropshire
2,914
43rd 2020: 44th
Herefordshire
2,858
44th 2020: 43rd
Cumbria
2,286
45th 2020: 45th
Northumberland
1,421
46th 2020: 46th
Isle of Wight
697
47th 2020: 47th
Rutland
195

New incorporations in 2021 per 1000 Man standing people

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In Isle of Wight

5.0

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National Average

12.2

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Type of companies formed in Isle of Wight breakdown

93% Private Limited Companies (648 companies)

7% Other company types (49 companies)

Other company types breakdown (49 companies)

Total companies in Isle of Wight by the end of 2021

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Businesses formed in Isle of Wight during 2021

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Businesses dissolved in Isle of Wight during 2021

Due to restrictions related to the COVID-19 pandemic, 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

6,319

businesses registered in Isle of Wight at the end of 2021.

3.3% more companies in Isle of Wight compared to 2020

Surrounding counties 2021 breakdown & comparison

Dorset

56,465 total businesses
7,584 formed in 2021
6,001 dissolved in 2021

Hampshire

123,584 total businesses
14,512 formed in 2021
13,410 dissolved in 2021

West Sussex

57,619 total businesses
6,463 formed in 2021
5,538 dissolved in 2021

Isle of Wight

6,319 total businesses
697 formed in 2021
563 dissolved in 2021

HampshireDorsetWest SussexIsle ofWight

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Arreton and Newchurch
21
22
1
Binstead and Fishbourne
26
12
-14
Brading St Helens and Bembridge
42
48
6
Carisbrooke
13
8
-5
Central Wight
5
12
7
Chale Niton and Whitwell
5
8
3
Cowes Medina
32
11
-21
Cowes North
27
17
-10
Cowes South and Northwood
11
21
10
Cowes West and Gurnard
11
21
10
East Cowes
19
14
-5
Freshwater North
4
7
3
Freshwater South
6
9
3
Godshill and Wroxall
12
18
6
Havenstreet Ashey and Haylands
10
13
3
Lake North
13
14
1
Lake South
7
13
6
Nettlestone and Seaview
15
33
18
Newport Central
27
43
16
Newport East
12
9
-3
Newport North
32
48
16
Newport South
11
15
4
Newport West
6
10
4
Parkhurst
16
15
-1
Ryde East
9
10
1
Ryde North East
12
20
8
Ryde North West
22
29
7
Ryde South
14
15
1
Ryde West
7
47
40
Sandown North
12
7
-5
Sandown South
10
11
1
Shanklin Central
13
11
-2
Shanklin South
19
23
4
Totland
12
11
-1
Ventnor East
8
16
8
Ventnor West
7
17
10
West Wight
11
12
1
Whippingham and Osborne
5
10
5
Wootton Bridge
17
13
-4

Total companies 2021 league table

The counties in England where the most existing companies were based at the end of 2021 and how Isle of Wight compares to them.

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Rank
County
Total companies
Rank County Total companies
1st 2020: 1st
London
1,397,474
2nd 2020: 2nd
Greater Manchester
217,557
3rd 2020: 3rd
West Midlands
198,781
4th 2020: 4th
Essex
141,948
5th 2020: 5th
West Yorkshire
141,120
46th 2020: 46th
Isle of Wight
6,319
Rank
County
Total companies
Rank County Total companies
7th 2020: 7th
Hampshire
123,584
21st 2020: 20th
West Sussex
57,619
25th 2020: 25th
Dorset
56,465
46th 2020: 46th
Isle of Wight
6,319
Rank
County
Total companies
Rank County Total companies
1st 2020: 1st
London
1,397,474
2nd 2020: 2nd
Greater Manchester
217,557
3rd 2020: 3rd
West Midlands
198,781
4th 2020: 4th
Essex
141,948
5th 2020: 5th
West Yorkshire
141,120
6th 2020: 6th
Kent
126,550
7th 2020: 7th
Hampshire
123,584
8th 2020: 8th
Hertfordshire
118,798
9th 2020: 9th
Surrey
106,792
10th 2020: 11th
Lancashire
87,562
11th 2020: 10th
Cheshire
83,426
12th 2020: 12th
Merseyside
78,022
13th 2020: 14th
Berkshire
75,011
14th 2020: 13th
Buckinghamshire
74,634
15th 2020: 15th
Leicestershire
71,867
16th 2020: 16th
East Sussex
70,862
17th 2020: 17th
South Yorkshire
68,227
18th 2020: 19th
Devon
60,022
19th 2020: 18th
North Yorkshire
59,819
20th 2020: 21st
Nottinghamshire
58,780
21st 2020: 20th
West Sussex
57,619
22nd 2020: 24th
Staffordshire
57,556
23rd 2020: 23rd
Somerset
57,300
24th 2020: 22nd
Gloucestershire
56,711
25th 2020: 25th
Dorset
56,465
26th 2020: 26th
Cambridgeshire
56,346
27th 2020: 28th
Derbyshire
53,394
28th 2020: 27th
Northamptonshire
53,149
29th 2020: 29th
Lincolnshire
50,076
30th 2020: 30th
Tyne and Wear
49,266
31st 2020: 31st
Bedfordshire
47,831
32nd 2020: 32nd
Oxfordshire
45,883
33rd 2020: 34th
Norfolk
43,452
34th 2020: 33rd
Worcestershire
42,443
35th 2020: 36th
Suffolk
41,836
36th 2020: 35th
Warwickshire
40,740
37th 2020: 37th
Wiltshire
39,338
38th 2020: 38th
Bristol
36,239
39th 2020: 39th
Durham
33,620
40th 2020: 40th
East Riding of Yorkshire
27,909
41st 2020: 41st
Shropshire
25,765
42nd 2020: 42nd
Cornwall
24,752
43rd 2020: 43rd
Cumbria
22,499
44th 2020: 44th
Herefordshire
14,830
45th 2020: 45th
Northumberland
11,895
46th 2020: 46th
Isle of Wight
6,319
47th 2020: 47th
Rutland
2,056

Total companies at the end of 2021 per 1000 Person people

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In Isle of Wight

45.7

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National Average

79.1

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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.

2017

528 formed

421 dissolved

2018

645 formed

442 dissolved

2019

675 formed

449 dissolved

2020

765 formed

398 dissolved

2021

697 formed

563 dissolved

Overall growth compared to previous year

5.7% vs 2017

5.32% vs 2018

7.24% vs 2019

3.3% vs 2020