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Company Formations in 2023: Somerset

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???? Businesses formed in Somerset during 2023

1.1% more companies in Somerset compared to 2022

New businesses in Somerset mapped

Bath and North East Somerset 1,414 formed

Mendip 784 formed

North Somerset 1,655 formed

Sedgemoor 698 formed

South Somerset 861 formed

Taunton Deane 990 formed

West Somerset 114 formed

Companies formed in 2023 league table

The counties in England where most companies are formed, and how Somerset 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
32nd 2022: 27th
Somerset
6,531
Rank
County
No. Companies formed
Rank County No. Companies formed
23rd 2022: 19th
Dorset
8,565
28th 2022: 29th
Devon
7,183
30th 2022: 31st
Gloucestershire
6,902
32nd 2022: 27th
Somerset
6,531
37th 2022: 36th
Bristol
5,050
38th 2022: 39th
Wiltshire
4,965
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 Somerset

7.2

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National Average

14.2

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Type of companies formed in Somerset breakdown

96% Private Limited Companies (6,260 companies)

4% Other company types (271 companies)

Other company types breakdown (271 companies)

Total companies in Somerset by the end of 2023

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Businesses formed in Somerset during 2023

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Businesses dissolved in Somerset during 2023

meaning there is a total of

60,186

businesses registered in Somerset at the end of 2023.

1.1% more companies in Somerset compared to 2022

Surrounding counties 2023 breakdown & comparison

Dorset

63,266 total businesses
8,565 formed in 2023
7,339 dissolved in 2023

Devon

63,364 total businesses
7,183 formed in 2023
6,148 dissolved in 2023

Gloucestershire

59,830 total businesses
6,902 formed in 2023
5,515 dissolved in 2023

Bristol

37,161 total businesses
5,050 formed in 2023
4,143 dissolved in 2023

Wiltshire

42,004 total businesses
4,965 formed in 2023
4,265 dissolved in 2023

Somerset

60,186 total businesses
6,531 formed in 2023
6,028 dissolved in 2023

SomersetDorsetWiltshireGloucestershireBristolDevon

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
225
265
40
Bathavon North
33
40
7
Bathavon South
11
16
5
Bathavon West
11
15
4
Bathwick
17
14
-3
Chew Valley North
17
38
21
Chew Valley South
13
13
0
Clutton
15
17
2
Combe Down
32
37
5
Farmborough
14
21
7
High Littleton
16
14
-2
Keynsham East
38
45
7
Keynsham North
36
46
10
Keynsham South
17
43
26
Kingsmead
117
93
-24
Lambridge
18
42
24
Lansdown
31
43
12
Lyncombe
25
33
8
Mendip
6
12
6
Midsomer Norton North
50
64
14
Midsomer Norton Redfield
18
13
-5
Newbridge
30
28
-2
Odd Down
43
59
16
Oldfield
29
25
-4
Paulton
31
50
19
Peasedown
36
25
-11
Publow and Whitchurch
7
14
7
Radstock
16
35
19
Saltford
20
26
6
Southdown
19
23
4
Timsbury
4
12
8
Twerton
16
23
7
Walcot
26
51
25
Westfield
19
20
1
Westmoreland
23
30
7
Weston
25
25
0
Widcombe
29
44
15
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ammerdown
19
10
-9
Ashwick Chilcompton and Stratton
42
51
9
Bathwick
17
14
-3
Beckington and Selwood
17
28
11
Butleigh and Baltonsborough
12
12
0
Chewton Mendip and Ston Easton
11
11
0
Coleford and Holcombe
22
15
-7
Cranmore Doulting and Nunney
19
10
-9
Creech
3
21
18
Croscombe and Pilton
11
10
-1
Frome Berkley Down
14
11
-3
Frome College
9
13
4
Frome Keyford
36
34
-2
Frome Market
37
52
15
Frome Oakfield
10
22
12
Frome Park
21
21
0
Glastonbury St Benedict's
43
41
-2
Glastonbury St Edmund's
9
10
1
Glastonbury St John's
3
13
10
Glastonbury St Mary's
9
10
1
Moor
6
9
3
Postlebury
19
17
-2
Rode and Norton St Philip
17
18
1
Rodney and Westbury
12
20
8
Shepton East
62
90
28
Shepton West
14
17
3
St Cuthbert Out North
15
20
5
Street North
19
30
11
Street South
27
29
2
Street West
2
5
3
The Pennards and Ditcheat
10
17
7
Wells Central
46
53
7
Wells St Cuthbert's
23
29
6
Wells St Thomas'
38
32
-6
Wookey and St Cuthbert Out West
20
3
-17
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Backwell
58
53
-5
Banwell & Winscombe
40
71
31
Blagdon & Churchill
19
27
8
Clevedon East
27
43
16
Clevedon South
13
11
-2
Clevedon Walton
58
41
-17
Clevedon West
10
23
13
Clevedon Yeo
26
17
-9
Congresbury & Puxton
23
30
7
Gordano Valley
22
36
14
Hutton & Locking
33
37
4
Long Ashton
63
77
14
Nailsea Golden Valley
23
16
-7
Nailsea West End
14
9
-5
Nailsea Yeo
45
37
-8
Nailsea Youngwood
4
9
5
Pill
54
80
26
Portishead East
45
66
21
Portishead North
37
44
7
Portishead South
44
29
-15
Portishead West
59
73
14
Weston-super-Mare Bournville
35
64
29
Weston-super-Mare Central
158
155
-3
Weston-super-Mare Hillside
77
132
55
Weston-super-Mare Kewstoke
23
49
26
Weston-super-Mare Mid Worle
33
33
0
Weston-super-Mare Milton
256
75
-181
Weston-super-Mare North Worle
24
39
15
Weston-super-Mare South Worle
43
47
4
Weston-super-Mare Uphill
36
35
-1
Weston-super-Mare Winterstoke
47
78
31
Wick St Lawrence & St Georges
21
23
2
Winford
35
32
-3
Wrington
49
16
-33
Yatton
45
48
3
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Axevale
52
56
4
Berrow
3
7
4
Bridgwater Dunwear
13
8
-5
Bridgwater Eastover
44
56
12
Bridgwater Fairfax
10
12
2
Bridgwater Hamp
16
15
-1
Bridgwater Victoria
29
30
1
Bridgwater Westover
105
131
26
Bridgwater Wyndham
14
11
-3
Burnham Central
23
33
10
Burnham North
31
23
-8
Cannington and Wembdon
8
9
1
Cheddar and Shipham
27
27
0
East Polden
10
8
-2
Highbridge and Burnham Marine
23
36
13
Huntspill and Pawlett
4
14
10
King's Isle
61
36
-25
Knoll
25
44
19
North Petherton
43
52
9
Puriton and Woolavington
7
11
4
Quantocks
7
11
4
Wedmore and Mark
224
49
-175
West Polden
11
19
8
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Blackdown
14
18
4
Blackmoor Vale
39
32
-7
Bruton
19
14
-5
Brympton
42
46
4
Burrow Hill
6
5
-1
Camelot
14
17
3
Cary
30
38
8
Chard Avishayes
3
6
3
Chard Combe
8
5
-3
Chard Crimchard
12
17
5
Chard Holyrood
11
7
-4
Chard Jocelyn
4
4
0
Coker
15
35
20
Crewkerne
36
46
10
Curry Rivel
8
18
10
Eggwood
4
12
8
Hamdon
7
6
-1
Ilminster
25
44
19
Islemoor
23
19
-4
Ivelchester
13
21
8
Langport and Huish
14
16
2
Martock
30
21
-9
Milborne Port
12
25
13
Neroche
19
17
-2
Northstone
13
13
0
Parrett
2
7
5
South Petherton
13
22
9
St Michael's
11
6
-5
Tatworth and Forton
12
14
2
Tower
18
28
10
Turn Hill
5
11
6
Wessex
24
31
7
Wincanton
20
26
6
Windwhistle
28
15
-13
Yeovil Central
72
83
11
Yeovil East
32
33
1
Yeovil South
42
35
-7
Yeovil West
27
34
7
Yeovil Without
19
34
15
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bishop's Hull
40
15
-25
Bishop's Lydeard
29
22
-7
Blackdown
14
18
4
Bradford-on-Tone
14
17
3
Comeytrowe
15
34
19
Milverton and North Deane
42
11
-31
Monument
11
13
2
Neroche
19
17
-2
North Curry and Stoke St Gregory
17
13
-4
Norton Fitzwarren
17
23
6
Ruishton and Creech
17
19
2
Staplegrove
195
97
-98
Taunton Blackbrook and Holway
95
87
-8
Taunton Eastgate
41
79
38
Taunton Fairwater
53
63
10
Taunton Halcon
40
27
-13
Taunton Killams and Mountfield
25
92
67
Taunton Lyngford
23
50
27
Taunton Manor and Wilton
79
109
30
Taunton Pyrland and Rowbarton
10
18
8
Trull
8
16
8
Upper Culm
0
0
Wellington East
20
17
-3
Wellington North
29
41
12
Wellington Rockwell Green and West
19
21
2
West Monkton
24
76
52
Wiveliscombe and West Deane
18
10
-8
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Alcombe
9
9
0
Brendon Hills
8
5
-3
Carhampton and Withycombe
2
2
0
Crowcombe and Stogumber
30
2
-28
Dulverton and District
15
5
-10
Dunster and Timberscombe
1
4
3
Greater Exmoor
6
5
-1
Minehead Central
17
28
11
Minehead North
3
4
1
Minehead South
5
5
0
Old Cleeve
16
8
-8
Porlock and District
12
6
-6
Quantock Vale
9
10
1
Watchet
10
12
2
West Quantock
3
4
1
Williton
8
5
-3

Total companies 2023 league table

The counties in England where the most existing companies were based at the end of 2023 and how Somerset 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
23rd 2022: 23rd
Somerset
60,186
Rank
County
Total companies
Rank County Total companies
20th 2022: 20th
Devon
63,364
21st 2022: 21st
Dorset
63,266
23rd 2022: 23rd
Somerset
60,186
26th 2022: 25th
Gloucestershire
59,830
37th 2022: 37th
Wiltshire
42,004
39th 2022: 38th
Bristol
37,161
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 Somerset

66.1

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National Average

86.6

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The last 5 years

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

2019

6,041 formed

4,527 dissolved

2020

6,432 formed

3,899 dissolved

2021

7,057 formed

5,667 dissolved

2022

7,121 formed

5,386 dissolved

2023

6,531 formed

6,028 dissolved

Overall growth compared to previous year

6.03% vs 2019

4.01% vs 2020

3.89% vs 2021

1.1% vs 2022