Company Formations in 2024: Norfolk

???? Businesses formed in Norfolk during 2024

2.9% more companies in Norfolk compared to 2023

New businesses in Norfolk mapped

Breckland 703 formed

Broadland 750 formed

Great Yarmouth 539 formed

King's Lynn and West Norfolk 755 formed

North Norfolk 425 formed

Norwich 1,518 formed

South Norfolk 736 formed

Companies formed in 2024 league table

The counties in England where most companies are formed, and how Norfolk compares.

Rank

County

No. Companies formed

Rank	County	No. Companies formed
1st 2023: 1st	London	280,423
2nd 2023: 2nd	West Midlands	41,700
3rd 2023: 3rd	Greater Manchester	40,892
4th 2023: 4th	West Yorkshire	23,972
5th 2023: 5th	Essex	19,024
34th 2023: 33rd	Norfolk	5,434

Rank

County

No. Companies formed

Rank	County	No. Companies formed
18th 2023: 20th	Suffolk	9,091
20th 2023: 22nd	Cambridgeshire	8,588
27th 2023: 29th	Lincolnshire	7,132
34th 2023: 33rd	Norfolk	5,434

Rank

County

No. Companies formed

Rank	County	No. Companies formed
1st 2023: 1st	London	280,423
2nd 2023: 2nd	West Midlands	41,700
3rd 2023: 3rd	Greater Manchester	40,892
4th 2023: 4th	West Yorkshire	23,972
5th 2023: 5th	Essex	19,024
6th 2023: 6th	Kent	16,490
7th 2023: 7th	Hampshire	14,534
8th 2023: 8th	Hertfordshire	14,111
9th 2023: 10th	Lancashire	13,620
10th 2023: 9th	Merseyside	13,029
11th 2023: 12th	South Yorkshire	11,673
12th 2023: 11th	Surrey	11,351
13th 2023: 13th	Leicestershire	11,209
14th 2023: 14th	Berkshire	10,454
15th 2023: 15th	Cheshire	9,854
16th 2023: 17th	Nottinghamshire	9,248
17th 2023: 16th	Buckinghamshire	9,185
18th 2023: 20th	Suffolk	9,091
19th 2023: 18th	North Yorkshire	8,830
20th 2023: 22nd	Cambridgeshire	8,588
21st 2023: 24th	Tyne and Wear	8,269
22nd 2023: 19th	Bedfordshire	8,251
23rd 2023: 21st	Staffordshire	8,181
24th 2023: 23rd	Dorset	7,890
25th 2023: 26th	Derbyshire	7,553
26th 2023: 27th	East Sussex	7,231
27th 2023: 29th	Lincolnshire	7,132
28th 2023: 25th	Northamptonshire	6,894
29th 2023: 28th	Devon	6,646
30th 2023: 30th	Gloucestershire	6,522
31st 2023: 31st	West Sussex	6,467
32nd 2023: 32nd	Somerset	6,153
33rd 2023: 34th	Durham	5,616
34th 2023: 33rd	Norfolk	5,434
35th 2023: 35th	Oxfordshire	5,301
36th 2023: 36th	Warwickshire	5,070
37th 2023: 39th	Worcestershire	5,059
38th 2023: 38th	Wiltshire	4,609
39th 2023: 37th	Bristol	4,467
40th 2023: 40th	East Riding of Yorkshire	4,234
41st 2023: 44th	Herefordshire	4,025
42nd 2023: 41st	Shropshire	3,031
43rd 2023: 42nd	Cornwall	2,854
44th 2023: 43rd	Cumbria	2,453
45th 2023: 45th	Northumberland	1,577
46th 2023: 46th	Isle of Wight	718
47th 2023: 47th	Rutland	242

New incorporations in 2024 per 1000 people

In Norfolk

5.9

National Average

12.5

Type of companies formed in Norfolk breakdown

97% Private Limited Companies (5,272 companies)

3% Other company types (162 companies)

Public Limited Company 0.6% (1 company)
Limited Liability Partnership (LLP) 13.6% (22 companies)
Company Limited by Guarantee 55.6% (90 companies)
Limited Partnership 1.9% (3 companies)
Community Interest Company 27.2% (44 companies)
Other 1.2% (2 companies)

Other company types breakdown (162 companies)

Total companies in Norfolk by the end of 2024

????

Businesses formed in Norfolk during 2024

????

Businesses dissolved in Norfolk during 2024

meaning there is a total of

49,863

businesses registered in Norfolk at the end of 2024.

2.9% more companies in Norfolk compared to 2023

Surrounding counties 2024 breakdown & comparison

Cambridgeshire

61,973 total businesses
8,588 formed in 2024
6,428 dissolved in 2024

Suffolk

55,335 total businesses
9,091 formed in 2024
5,970 dissolved in 2024

Lincolnshire

57,099 total businesses
7,132 formed in 2024
6,872 dissolved in 2024

Norfolk

49,863 total businesses
5,434 formed in 2024
5,069 dissolved in 2024

Ward breakdown data for

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
All Saints & Wayland	30	31	1
Ashill	6	10	4
Attleborough Burgh & Haverscroft	18	19	1
Attleborough Queens & Besthorpe	48	52	4
Bedingfeld	7	11	4
Dereham Neatherd	57	60	3
Dereham Toftwood	13	21	8
Dereham Withburga	25	26	1
Forest	9	6	-3
Great Witchingham	20	26	6
Guiltcross	8	4	-4
Harling & Heathlands	9	13	4
Hermitage	7	7	0
Launditch	11	15	4
Lincoln	18	18	0
Mattishall	19	16	-3
Nar Valley	6	7	1
Necton	6	8	2
Saham Toney	16	20	4
Shipdham-with-Scarning	27	51	24
Swaffham	47	78	31
The Buckenhams & Banham	15	20	5
Thetford Boudica	7	15	8
Thetford Burrell	31	28	-3
Thetford Castle	49	52	3
Thetford Priory	40	52	12
Upper Wensum	19	24	5
Watton	26	39	13

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Acle	12	23	11
Aylsham	41	51	10
Blofield with South Walsham	22	34	12
Brundall	51	49	-2
Burlingham	6	16	10
Buxton	10	16	6
Coltishall	14	7	-7
Cringleford	32	53	21
Drayton North	6	8	2
Drayton South	3	15	12
Eynesford	13	15	2
Fleggburgh	7	14	7
Great Witchingham	20	26	6
Hellesdon North West	34	34	0
Hellesdon South East	24	30	6
Hevingham	11	12	1
Horsford and Felthorpe	14	22	8
Marshes	8	13	5
Old Catton and Sprowston West	24	22	-2
Plumstead	6	17	11
Reepham	5	6	1
Spixworth with St Faiths	16	19	3
Sprowston Central	16	25	9
Sprowston East	51	72	21
Taverham North	10	18	8
Taverham South	15	15	0
Thorpe St Andrew North West	23	35	12
Thorpe St Andrew South East	105	113	8
Upper Wensum	19	24	5
Wroxham	32	37	5

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Bradwell North	22	28	6
Bradwell South and Hopton	10	24	14
Caister North	14	12	-2
Caister South	18	15	-3
Central and Northgate	139	95	-44
Claydon	21	25	4
East Flegg	13	16	3
Fleggburgh	7	14	7
Gorleston	44	32	-12
Lothingland	19	15	-4
Magdalen	20	12	-8
Nelson	147	157	10
Ormesby	17	35	18
Southtown and Cobholm	38	26	-12
St Andrews	38	39	1
West Flegg	23	17	-6
Yarmouth North	13	21	8

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Airfield	17	17	0
Brancaster	3	3	0
Burnham	8	11	3
Clenchwarton	5	3	-2
Denton	17	22	5
Dersingham	11	17	6
Docking	2	7	5
Downham Old Town	13	34	21
East Downham	7	17	10
Emneth with Outwell	4	17	13
Fairstead	10	16	6
Gayton	8	11	3
Gaywood Chase	24	20	-4
Gaywood North Bank	18	12	-6
Grimston	8	9	1
Heacham	16	18	2
Hilgay with Denver	5	7	2
Hunstanton	21	22	1
Mershe Lande	6	22	16
North Downham	6	8	2
North Lynn	41	46	5
North Wootton	3	3	0
Old Gaywood	9	6	-3
Priory	18	24	6
Rudham	7	9	2
Snettisham	14	24	10
South and West Lynn	33	30	-3
South Downham	7	10	3
South Wootton	17	20	3
Spellowfields	17	10	-7
Springwood	8	5	-3
St Lawrence	3	7	4
St Margarets with St Nicholas	105	163	58
Upwell and Delph	14	19	5
Valley Hill	12	11	-1
Walpole	7	8	1
Walton	13	26	13
Watlington	7	7	0
West Winch	17	23	6
Wiggenhall	7	8	1
Wimbotsham with Fincham	8	11	3
Wissey	3	8	5

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Astley	5	9	4
Briston	2	6	4
Chaucer	8	10	2
Corpusty	5	4	-1
Cromer Town	12	16	4
Erpingham	19	12	-7
Gaunt	7	10	3
Glaven Valley	7	7	0
Happisburgh	4	11	7
High Heath	5	4	-1
Holt	24	30	6
Hoveton	11	10	-1
Lancaster North	31	22	-9
Lancaster South	15	25	10
Mundesley	6	7	1
North Walsham East	8	8	0
North Walsham North	6	12	6
North Walsham West	22	26	4
Poppyland	6	7	1
Priory	18	24	6
Roughton	10	10	0
Scottow	3	2	-1
Sheringham North	11	17	6
Sheringham South	12	14	2
St Benet	1	8	7
Stalham and Sutton	15	19	4
Suffield Park	11	12	1
The Raynhams	6	8	2
The Runtons	7	5	-2
Walsingham	5	14	9
Waterside	18	32	14
Waxham	10	8	-2
Wensum	57	90	33
Worstead	7	8	1

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Bowthorpe	64	77	13
Catton Grove	86	133	47
Crome	41	51	10
Eaton	24	53	29
Lakenham	37	66	29
Mancroft	806	319	-487
Mile Cross	57	71	14
Nelson	147	157	10
Sewell	56	62	6
Thorpe Hamlet	504	444	-60
Town Close	46	77	31
University	33	47	14
Wensum	57	90	33

Ward

Dissolutions

Incorporations

Net Change

Ward	Dissolutions	Incorporations	Net Change
Abbey	25	41	16
Beck Vale	6	5	-1
Bressingham and Burston	6	17	11
Brooke	9	14	5
Bunwell	14	18	4
Chedgrave and Thurton	10	9	-1
Cringleford	32	53	21
Cromwells	14	34	20
Dickleburgh	5	12	7
Diss	58	70	12
Ditchingham and Broome	4	11	7
Earsham	13	18	5
Easton	14	14	0
Forncett	8	12	4
Gillingham	14	18	4
Great Witchingham	20	26	6
Harleston	27	48	21
Hempnall	3	10	7
Hethersett	19	41	22
Hingham and Deopham	6	13	7
Loddon	26	12	-14
Mulbarton	20	32	12
New Costessey	12	17	5
Newton Flotman	11	10	-1
Northfields	3	12	9
Old Costessey	50	50	0
Poringland with the Framinghams	13	22	9
Rockland	20	19	-1
Roydon	6	3	-3
Rustens	12	10	-2
Scole	15	11	-4
Stoke Holy Cross	11	16	5
Stratton	21	28	7
Tasburgh	9	3	-6
Thurlton	16	12	-4
Town	9	3	-6
Wicklewood	12	18	6

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Norfolk compares to them.

Rank

County

Total companies

Rank	County	Total companies
1st 2023: 1st	London	1,560,328
2nd 2023: 2nd	Greater Manchester	251,769
3rd 2023: 3rd	West Midlands	234,944
4th 2023: 5th	West Yorkshire	157,321
5th 2023: 4th	Essex	157,235
33rd 2023: 33rd	Norfolk	49,863

Rank

County

Total companies

Rank	County	Total companies
23rd 2023: 24th	Cambridgeshire	61,973
28th 2023: 28th	Lincolnshire	57,099
30th 2023: 32nd	Suffolk	55,335
33rd 2023: 33rd	Norfolk	49,863

Rank

County

Total companies

Rank	County	Total companies
1st 2023: 1st	London	1,560,328
2nd 2023: 2nd	Greater Manchester	251,769
3rd 2023: 3rd	West Midlands	234,944
4th 2023: 5th	West Yorkshire	157,321
5th 2023: 4th	Essex	157,235
6th 2023: 6th	Kent	136,504
7th 2023: 7th	Hampshire	127,564
8th 2023: 8th	Hertfordshire	125,410
9th 2023: 9th	Surrey	110,047
10th 2023: 10th	Lancashire	97,537
11th 2023: 11th	Merseyside	84,857
12th 2023: 12th	Cheshire	83,478
13th 2023: 13th	Buckinghamshire	80,842
14th 2023: 14th	Berkshire	80,348
15th 2023: 15th	Leicestershire	78,116
16th 2023: 16th	South Yorkshire	75,130
17th 2023: 17th	East Sussex	71,666
18th 2023: 18th	North Yorkshire	67,293
19th 2023: 19th	Nottinghamshire	65,784
20th 2023: 20th	Devon	64,346
21st 2023: 21st	Dorset	63,675
22nd 2023: 22nd	Staffordshire	62,904
23rd 2023: 24th	Cambridgeshire	61,973
24th 2023: 26th	Gloucestershire	61,133
25th 2023: 23rd	Somerset	60,769
26th 2023: 25th	West Sussex	60,518
27th 2023: 27th	Derbyshire	59,950
28th 2023: 28th	Lincolnshire	57,099
29th 2023: 29th	Northamptonshire	55,842
30th 2023: 32nd	Suffolk	55,335
31st 2023: 30th	Tyne and Wear	54,971
32nd 2023: 31st	Bedfordshire	53,808
33rd 2023: 33rd	Norfolk	49,863
34th 2023: 34th	Oxfordshire	48,887
35th 2023: 35th	Worcestershire	48,838
36th 2023: 36th	Warwickshire	43,777
37th 2023: 37th	Wiltshire	42,535
38th 2023: 38th	Durham	38,779
39th 2023: 39th	Bristol	36,561
40th 2023: 40th	East Riding of Yorkshire	31,014
41st 2023: 41st	Shropshire	28,136
42nd 2023: 42nd	Cornwall	27,621
43rd 2023: 43rd	Cumbria	24,059
44th 2023: 44th	Herefordshire	18,258
45th 2023: 45th	Northumberland	13,228
46th 2023: 46th	Isle of Wight	6,739
47th 2023: 47th	Rutland	2,179

Total companies at the end of 2024 per 1000 people

In Norfolk

53.9

National Average

83.4

The last 5 years

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

2020

5,006 formed

3,246 dissolved

2021

5,214 formed

4,179 dissolved

2022

5,384 formed

4,082 dissolved

2023

5,723 formed

4,620 dissolved

2024

5,434 formed

5,069 dissolved

Overall growth compared to previous year

5.5% vs 2020

5.79% vs 2021

5.37% vs 2022

2.9% vs 2023

Company Formations in 2024: Norfolk

New businesses in Norfolk mapped

Companies formed in 2024 league table

New incorporations in 2024 per 1000 people

In Norfolk

National Average

Type of companies formed in Norfolk breakdown

Total companies in Norfolk by the end of 2024

meaning there is a total of

Surrounding counties 2024 breakdown & comparison

Ward breakdown data for Breckland Broadland Great Yarmouth King's Lynn and West Norfolk North Norfolk Norwich South Norfolk

Total companies 2024 league table

Total companies at the end of 2024 per 1000 people

In Norfolk

National Average

The last 5 years

Ward breakdown data for