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Company Formations in 2023: Shropshire

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???? Businesses formed in Shropshire during 2023

4.7% more companies in Shropshire compared to 2022

New businesses in Shropshire mapped

Shropshire 2,089 formed

Telford and Wrekin 1,381 formed

Companies formed in 2023 league table

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

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Rank
County
No. Companies formed
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
41st 2022: 41st
Shropshire
3,480
Rank
County
No. Companies formed
Rank County No. Companies formed
2nd 2022: 2nd
West Midlands
44,594
15th 2022: 15th
Cheshire
9,952
21st 2022: 21st
Staffordshire
8,878
39th 2022: 37th
Worcestershire
4,808
41st 2022: 41st
Shropshire
3,480
44th 2022: 42nd
Herefordshire
2,540
Rank
County
No. Companies formed
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

New incorporations in 2023 per 1000 Man standing people

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In Shropshire

7.3

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National Average

14.2

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Type of companies formed in Shropshire breakdown

96% Private Limited Companies (3,351 companies)

4% Other company types (129 companies)

Other company types breakdown (129 companies)

Total companies in Shropshire by the end of 2023

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Businesses formed in Shropshire during 2023

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Businesses dissolved in Shropshire during 2023

meaning there is a total of

28,037

businesses registered in Shropshire at the end of 2023.

4.7% more companies in Shropshire compared to 2022

Surrounding counties 2023 breakdown & comparison

Powys

6,031 total businesses
591 formed in 2023
445 dissolved in 2023

Wrexham

5,617 total businesses
748 formed in 2023
643 dissolved in 2023

Staffordshire

61,360 total businesses
8,878 formed in 2023
7,179 dissolved in 2023

Worcestershire

45,794 total businesses
4,808 formed in 2023
4,858 dissolved in 2023

West Midlands

227,431 total businesses
44,594 formed in 2023
32,819 dissolved in 2023

Cheshire

82,175 total businesses
9,952 formed in 2023
10,096 dissolved in 2023

Herefordshire

16,164 total businesses
2,540 formed in 2023
1,684 dissolved in 2023

Shropshire

28,037 total businesses
3,480 formed in 2023
2,575 dissolved in 2023

ShropshirePowysWrexhamCheshireStaffordshireWestMidlandsWorcestershireHerefordshire

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
22
47
25
Albrighton
21
31
10
Alveley and Claverley
29
43
14
Bagley
11
14
3
Battlefield
22
34
12
Bayston Hill Column and Sutton
104
122
18
Belle Vue
10
30
20
Bishop's Castle
18
20
2
Bowbrook
10
31
21
Bridgnorth East and Astley Abbotts
74
84
10
Bridgnorth West and Tasley
19
37
18
Broseley
20
24
4
Brown Clee
14
11
-3
Burnell
18
23
5
Castlefields and Ditherington
14
26
12
Cheswardine
26
30
4
Chirbury and Worthen
13
9
-4
Church Stretton and Craven Arms
41
190
149
Clee
9
17
8
Cleobury Mortimer
36
38
2
Clun
10
20
10
Copthorne
21
32
11
Corvedale
10
8
-2
Ellesmere Urban
13
17
4
Gobowen Selattyn and Weston Rhyn
32
16
-16
Harlescott
75
120
45
Highley
10
14
4
Hodnet
15
18
3
Llanymynech
20
27
7
Longden
18
23
5
Loton
17
37
20
Ludlow East
6
10
4
Ludlow North
17
27
10
Ludlow South
17
16
-1
Market Drayton East
14
22
8
Market Drayton West
59
69
10
Meole
18
17
-1
Monkmoor
32
22
-10
Much Wenlock
26
27
1
Oswestry East
18
39
21
Oswestry South
30
35
5
Oswestry West
5
14
9
Porthill
27
32
5
Prees
26
17
-9
Quarry and Coton Hill
57
82
25
Radbrook
14
20
6
Rea Valley
10
15
5
Ruyton and Baschurch
8
17
9
Severn Valley
26
16
-10
Shawbury
17
30
13
Shifnal North
13
26
13
Shifnal South and Cosford
37
60
23
St Martin's
14
18
4
St Oswald
20
33
13
Sundorne
18
14
-4
Tern
21
18
-3
The Meres
18
22
4
Underdale
13
17
4
Wem
29
46
17
Wheaton Aston Bishopswood and Lapley
0
0
Whitchurch North
34
37
3
Whitchurch South
20
27
7
Whittington
19
30
11
Worfield
27
21
-6
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Admaston & Bratton
10
23
13
Apley Castle
13
24
11
Arleston
17
18
1
Brookside
30
38
8
Church Aston & Lilleshall
13
15
2
College
47
67
20
Dawley & Aqueduct
32
60
28
Donnington
31
39
8
Dothill
7
12
5
Edgmond & Ercall Magna
24
37
13
Ercall
7
15
8
Hadley & Leegomery
76
103
27
Haygate
35
66
31
Horsehay & Lightmoor
39
33
-6
Ironbridge Gorge
17
23
6
Ketley & Overdale
73
69
-4
Madeley & Sutton Hill
100
150
50
Malinslee & Dawley Bank
29
25
-4
Muxton
21
35
14
Newport North & West
44
53
9
Newport South & East
17
27
10
Oakengates & Ketley Bank
63
102
39
Park
7
8
1
Priorslee
69
64
-5
Shawbirch
9
11
2
St Georges
17
23
6
The Nedge
101
126
25
Woodside
67
54
-13
Wrockwardine
22
22
0
Wrockwardine Wood & Trench
30
39
9

Total companies 2023 league table

The counties in England where the most existing companies were based at the end of 2023 and how Shropshire compares to them.

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Rank
County
Total companies
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
41st 2022: 41st
Shropshire
28,037
Rank
County
Total companies
Rank County Total companies
3rd 2022: 3rd
West Midlands
227,431
12th 2022: 11th
Cheshire
82,175
22nd 2022: 22nd
Staffordshire
61,360
35th 2022: 35th
Worcestershire
45,794
41st 2022: 41st
Shropshire
28,037
44th 2022: 44th
Herefordshire
16,164
Rank
County
Total companies
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

Total companies at the end of 2023 per 1000 Person people

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In Shropshire

59.2

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National Average

86.6

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The last 5 years

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

2019

3,231 formed

2,041 dissolved

2020

3,386 formed

1,761 dissolved

2021

2,914 formed

2,811 dissolved

2022

3,132 formed

2,208 dissolved

2023

3,480 formed

2,575 dissolved

Overall growth compared to previous year

7.84% vs 2019

0.63% vs 2020

3.94% vs 2021

4.7% vs 2022