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Company Formations in 2024: Shropshire

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???? Businesses formed in Shropshire during 2024

0.4% more companies in Shropshire compared to 2023

New businesses in Shropshire mapped

Shropshire 1,884 formed

Telford and Wrekin 1,140 formed

Companies formed in 2024 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 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
42nd 2023: 41st
Shropshire
3,031
Rank
County
No. Companies formed
Rank County No. Companies formed
2nd 2023: 2nd
West Midlands
41,700
15th 2023: 15th
Cheshire
9,854
23rd 2023: 21st
Staffordshire
8,181
37th 2023: 39th
Worcestershire
5,059
41st 2023: 44th
Herefordshire
4,025
42nd 2023: 41st
Shropshire
3,031
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 Man standing people

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In Shropshire

5.9

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National Average

12.5

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Type of companies formed in Shropshire breakdown

96% Private Limited Companies (2,924 companies)

4% Other company types (107 companies)

Other company types breakdown (107 companies)

Total companies in Shropshire by the end of 2024

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Businesses formed in Shropshire during 2024

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Businesses dissolved in Shropshire during 2024

meaning there is a total of

28,136

businesses registered in Shropshire at the end of 2024.

0.4% more companies in Shropshire compared to 2023

Surrounding counties 2024 breakdown & comparison

Powys

6,167 total businesses
598 formed in 2024
478 dissolved in 2024

Wrexham

5,781 total businesses
745 formed in 2024
581 dissolved in 2024

Staffordshire

62,904 total businesses
8,181 formed in 2024
7,228 dissolved in 2024

Worcestershire

48,838 total businesses
5,059 formed in 2024
5,336 dissolved in 2024

West Midlands

234,944 total businesses
41,700 formed in 2024
35,192 dissolved in 2024

Cheshire

83,478 total businesses
9,854 formed in 2024
8,885 dissolved in 2024

Herefordshire

18,258 total businesses
4,025 formed in 2024
1,413 dissolved in 2024

Shropshire

28,136 total businesses
3,031 formed in 2024
2,522 dissolved in 2024

ShropshirePowysWrexhamCheshireStaffordshireWestMidlandsWorcestershireHerefordshire

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
27
43
16
Albrighton
20
29
9
Alveley and Claverley
45
28
-17
Bagley
15
11
-4
Battlefield
10
16
6
Bayston Hill Column and Sutton
92
128
36
Belle Vue
21
34
13
Bishop's Castle
14
14
0
Bowbrook
12
28
16
Bridgnorth East and Astley Abbotts
60
65
5
Bridgnorth West and Tasley
28
44
16
Broseley
22
18
-4
Brown Clee
17
27
10
Burnell
26
20
-6
Castlefields and Ditherington
15
18
3
Cheswardine
18
31
13
Chirbury and Worthen
13
7
-6
Church Stretton and Craven Arms
73
68
-5
Clee
10
18
8
Cleobury Mortimer
28
37
9
Clun
13
16
3
Copthorne
23
22
-1
Corvedale
13
13
0
Ellesmere Urban
8
13
5
Gobowen Selattyn and Weston Rhyn
14
21
7
Harlescott
80
98
18
Highley
6
11
5
Hodnet
25
26
1
Llanymynech
21
28
7
Longden
14
22
8
Loton
21
33
12
Ludlow East
10
9
-1
Ludlow North
18
22
4
Ludlow South
16
20
4
Market Drayton East
21
37
16
Market Drayton West
39
49
10
Meole
21
16
-5
Monkmoor
10
22
12
Much Wenlock
21
20
-1
Oswestry East
33
32
-1
Oswestry South
30
39
9
Oswestry West
8
8
0
Porthill
18
24
6
Prees
16
27
11
Quarry and Coton Hill
75
117
42
Radbrook
5
24
19
Rea Valley
15
16
1
Ruyton and Baschurch
6
16
10
Severn Valley
26
30
4
Shawbury
20
23
3
Shifnal North
16
17
1
Shifnal South and Cosford
34
52
18
St Martin's
17
19
2
St Oswald
18
22
4
Sundorne
4
8
4
Tern
17
24
7
The Meres
18
25
7
Underdale
16
20
4
Wem
34
44
10
Wheaton Aston Bishopswood and Lapley
0
0
Whitchurch North
37
34
-3
Whitchurch South
26
28
2
Whittington
14
26
12
Worfield
22
27
5
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Admaston & Bratton
12
15
3
Apley Castle
11
19
8
Arleston
8
22
14
Brookside
24
22
-2
Church Aston & Lilleshall
6
9
3
College
51
23
-28
Dawley & Aqueduct
21
38
17
Donnington
27
40
13
Dothill
5
12
7
Edgmond & Ercall Magna
28
32
4
Ercall
20
19
-1
Hadley & Leegomery
75
76
1
Haygate
39
50
11
Horsehay & Lightmoor
25
30
5
Ironbridge Gorge
18
15
-3
Ketley & Overdale
57
68
11
Madeley & Sutton Hill
100
144
44
Malinslee & Dawley Bank
20
29
9
Muxton
24
33
9
Newport North & West
29
44
15
Newport South & East
25
14
-11
Oakengates & Ketley Bank
89
99
10
Park
5
11
6
Priorslee
85
56
-29
Shawbirch
12
14
2
St Georges
17
22
5
The Nedge
105
110
5
Woodside
36
32
-4
Wrockwardine
19
18
-1
Wrockwardine Wood & Trench
20
24
4

Total companies 2024 league table

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

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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
41st 2023: 41st
Shropshire
28,136
Rank
County
Total companies
Rank County Total companies
3rd 2023: 3rd
West Midlands
234,944
12th 2023: 12th
Cheshire
83,478
22nd 2023: 22nd
Staffordshire
62,904
35th 2023: 35th
Worcestershire
48,838
41st 2023: 41st
Shropshire
28,136
44th 2023: 44th
Herefordshire
18,258
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 Person people

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In Shropshire

54.5

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National Average

83.4

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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.

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

2024

3,031 formed

2,522 dissolved

Overall growth compared to previous year

0.63% vs 2020

3.94% vs 2021

4.69% vs 2022

0.4% vs 2023