2019
675 formed
449 dissolved
???? Businesses formed in Isle of Wight during 2023
2.4% more companies in Isle of Wight compared to 2022
Isle of Wight 755 formed
Dorset 8,565 formed
Hampshire 15,385 formed
West Sussex 6,678 formed
The counties in England where most companies are formed, and how Isle of Wight compares.
| Rank | County | No. Companies formed |
|---|---|---|
1st
2022: 1st
|
London |
313,446 |
2nd
2022: 2nd
|
West Midlands |
44,594 |
3rd
2022: 3rd
|
Greater Manchester |
41,222 |
4th
2022: 4th
|
West Yorkshire |
24,534 |
5th
2022: 5th
|
Essex |
20,333 |
46th 2022: 46th
|
Isle of Wight |
757 |
| Rank | County | No. Companies formed |
|---|---|---|
7th
2022: 7th
|
Hampshire |
15,385 |
23rd
2022: 19th
|
Dorset |
8,565 |
31st
2022: 32nd
|
West Sussex |
6,678 |
46th
2022: 46th
|
Isle of Wight |
757 |
| Rank | County | No. Companies formed |
|---|---|---|
1st 2022: 1st
|
London |
313,446 |
2nd 2022: 2nd
|
West Midlands |
44,594 |
3rd 2022: 3rd
|
Greater Manchester |
41,222 |
4th 2022: 4th
|
West Yorkshire |
24,534 |
5th 2022: 5th
|
Essex |
20,333 |
6th 2022: 6th
|
Kent |
17,620 |
7th 2022: 7th
|
Hampshire |
15,385 |
8th 2022: 8th
|
Hertfordshire |
14,512 |
9th 2022: 9th
|
Merseyside |
14,307 |
10th 2022: 10th
|
Lancashire |
14,223 |
11th 2022: 12th
|
Surrey |
12,018 |
12th 2022: 11th
|
South Yorkshire |
11,638 |
13th 2022: 13th
|
Leicestershire |
11,417 |
14th 2022: 14th
|
Berkshire |
10,571 |
15th 2022: 15th
|
Cheshire |
9,952 |
16th 2022: 17th
|
Buckinghamshire |
9,591 |
17th 2022: 16th
|
Nottinghamshire |
9,559 |
18th 2022: 20th
|
North Yorkshire |
9,266 |
19th 2022: 18th
|
Bedfordshire |
9,025 |
20th 2022: 30th
|
Suffolk |
8,934 |
21st 2022: 21st
|
Staffordshire |
8,878 |
22nd 2022: 25th
|
Cambridgeshire |
8,677 |
23rd 2022: 19th
|
Dorset |
8,565 |
24th 2022: 22nd
|
Tyne and Wear |
8,274 |
25th 2022: 23rd
|
Northamptonshire |
8,191 |
26th 2022: 24th
|
Derbyshire |
7,528 |
27th 2022: 26th
|
East Sussex |
7,311 |
28th 2022: 29th
|
Devon |
7,183 |
29th 2022: 28th
|
Lincolnshire |
7,141 |
30th 2022: 31st
|
Gloucestershire |
6,902 |
31st 2022: 32nd
|
West Sussex |
6,678 |
32nd 2022: 27th
|
Somerset |
6,531 |
33rd 2022: 34th
|
Norfolk |
5,723 |
34th 2022: 35th
|
Durham |
5,696 |
35th 2022: 38th
|
Oxfordshire |
5,446 |
36th 2022: 33rd
|
Warwickshire |
5,157 |
37th 2022: 36th
|
Bristol |
5,050 |
38th 2022: 39th
|
Wiltshire |
4,965 |
39th 2022: 37th
|
Worcestershire |
4,808 |
40th 2022: 40th
|
East Riding of Yorkshire |
4,211 |
41st 2022: 41st
|
Shropshire |
3,480 |
42nd 2022: 43rd
|
Cornwall |
3,074 |
43rd 2022: 44th
|
Cumbria |
2,686 |
44th 2022: 42nd
|
Herefordshire |
2,540 |
45th 2022: 45th
|
Northumberland |
1,554 |
46th 2022: 46th
|
Isle of Wight |
757 |
47th 2022: 47th
|
Rutland |
232 |
5.5
14.2
96% Private Limited Companies (725 companies)
4% Other company types (32 companies)
Other company types breakdown (32 companies)
????
Businesses formed in Isle of Wight during 2023
????
Businesses dissolved in Isle of Wight during 2023
6,580
businesses registered in Isle of Wight at the end of 2023.
2.4% more companies in Isle of Wight compared to 2022
Dorset
63,266 total businesses
8,565 formed in 2023
7,339 dissolved in 2023
Hampshire
126,128 total businesses
15,385 formed in 2023
13,203 dissolved in 2023
West Sussex
59,896 total businesses
6,678 formed in 2023
5,586 dissolved in 2023
Isle of Wight
6,580 total businesses
757 formed in 2023
588 dissolved in 2023
| Ward | Dissolutions | Incorporations | Net Change |
|---|---|---|---|
Arreton and Newchurch |
5 |
||
Binstead and Fishbourne |
2 |
||
Brading St Helens and Bembridge |
18 |
||
Carisbrooke |
3 |
||
Central Wight |
2 |
||
Chale Niton and Whitwell |
-1 |
||
Cowes Medina |
-1 |
||
Cowes North |
9 |
||
Cowes South and Northwood |
8 |
||
Cowes West and Gurnard |
3 |
||
East Cowes |
8 |
||
Freshwater North |
-6 |
||
Freshwater South |
5 |
||
Godshill and Wroxall |
3 |
||
Havenstreet Ashey and Haylands |
2 |
||
Lake North |
7 |
||
Lake South |
1 |
||
Nettlestone and Seaview |
16 |
||
Newport Central |
22 |
||
Newport East |
3 |
||
Newport North |
13 |
||
Newport South |
3 |
||
Newport West |
2 |
||
Parkhurst |
20 |
||
Ryde East |
3 |
||
Ryde North East |
4 |
||
Ryde North West |
6 |
||
Ryde South |
7 |
||
Ryde West |
2 |
||
Sandown North |
0 |
||
Sandown South |
13 |
||
Shanklin Central |
-7 |
||
Shanklin South |
4 |
||
Totland |
-6 |
||
Ventnor East |
4 |
||
Ventnor West |
0 |
||
West Wight |
9 |
||
Whippingham and Osborne |
-16 |
||
Wootton Bridge |
-1 |
The counties in England where the most existing companies were based at the end of 2023 and how Isle of Wight compares to them.
| Rank | County | Total companies |
|---|---|---|
1st
2022: 1st
|
London |
1,534,936 |
2nd
2022: 2nd
|
Greater Manchester |
244,408 |
3rd
2022: 3rd
|
West Midlands |
227,431 |
4th
2022: 5th
|
Essex |
153,732 |
5th
2022: 4th
|
West Yorkshire |
153,003 |
46th 2022: 46th
|
Isle of Wight |
6,580 |
| Rank | County | Total companies |
|---|---|---|
7th
2022: 7th
|
Hampshire |
126,128 |
21st
2022: 21st
|
Dorset |
63,266 |
25th
2022: 24th
|
West Sussex |
59,896 |
46th
2022: 46th
|
Isle of Wight |
6,580 |
| Rank | County | Total companies |
|---|---|---|
1st 2022: 1st
|
London |
1,534,936 |
2nd 2022: 2nd
|
Greater Manchester |
244,408 |
3rd 2022: 3rd
|
West Midlands |
227,431 |
4th 2022: 5th
|
Essex |
153,732 |
5th 2022: 4th
|
West Yorkshire |
153,003 |
6th 2022: 6th
|
Kent |
133,898 |
7th 2022: 7th
|
Hampshire |
126,128 |
8th 2022: 8th
|
Hertfordshire |
122,871 |
9th 2022: 9th
|
Surrey |
109,469 |
10th 2022: 10th
|
Lancashire |
95,511 |
11th 2022: 12th
|
Merseyside |
83,450 |
12th 2022: 11th
|
Cheshire |
82,175 |
13th 2022: 13th
|
Buckinghamshire |
78,961 |
14th 2022: 14th
|
Berkshire |
78,581 |
15th 2022: 15th
|
Leicestershire |
75,930 |
16th 2022: 16th
|
South Yorkshire |
73,897 |
17th 2022: 17th
|
East Sussex |
71,059 |
18th 2022: 18th
|
North Yorkshire |
65,895 |
19th 2022: 19th
|
Nottinghamshire |
64,763 |
20th 2022: 20th
|
Devon |
63,364 |
21st 2022: 21st
|
Dorset |
63,266 |
22nd 2022: 22nd
|
Staffordshire |
61,360 |
23rd 2022: 23rd
|
Somerset |
60,186 |
24th 2022: 26th
|
Cambridgeshire |
60,023 |
25th 2022: 24th
|
West Sussex |
59,896 |
26th 2022: 25th
|
Gloucestershire |
59,830 |
27th 2022: 27th
|
Derbyshire |
57,297 |
28th 2022: 28th
|
Lincolnshire |
54,523 |
29th 2022: 29th
|
Northamptonshire |
53,911 |
30th 2022: 30th
|
Tyne and Wear |
53,391 |
31st 2022: 31st
|
Bedfordshire |
52,721 |
32nd 2022: 34th
|
Suffolk |
51,083 |
33rd 2022: 33rd
|
Norfolk |
48,437 |
34th 2022: 32nd
|
Oxfordshire |
48,030 |
35th 2022: 35th
|
Worcestershire |
45,794 |
36th 2022: 36th
|
Warwickshire |
43,587 |
37th 2022: 37th
|
Wiltshire |
42,004 |
38th 2022: 39th
|
Durham |
37,332 |
39th 2022: 38th
|
Bristol |
37,161 |
40th 2022: 40th
|
East Riding of Yorkshire |
30,108 |
41st 2022: 41st
|
Shropshire |
28,037 |
42nd 2022: 42nd
|
Cornwall |
26,998 |
43rd 2022: 43rd
|
Cumbria |
23,719 |
44th 2022: 44th
|
Herefordshire |
16,164 |
45th 2022: 45th
|
Northumberland |
12,830 |
46th 2022: 46th
|
Isle of Wight |
6,580 |
47th 2022: 47th
|
Rutland |
2,133 |
47.5
86.6
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.
2019
675 formed
449 dissolved
2020
765 formed
398 dissolved
2021
697 formed
563 dissolved
2022
652 formed
481 dissolved
2023
757 formed
588 dissolved
Overall growth compared to previous year
7.24% vs 2019
3.29% vs 2020
1.65% vs 2021
2.4% vs 2022