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Company Formations in 2024: Somerset

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???? Businesses formed in Somerset during 2024

1.0% more companies in Somerset compared to 2023

New businesses in Somerset mapped

Bath and North East Somerset 1,245 formed

Mendip 728 formed

North Somerset 1,544 formed

Sedgemoor 814 formed

South Somerset 755 formed

Taunton Deane 952 formed

West Somerset 103 formed

Companies formed in 2024 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 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
32nd 2023: 32nd
Somerset
6,153
Rank
County
No. Companies formed
Rank County No. Companies formed
24th 2023: 23rd
Dorset
7,890
29th 2023: 28th
Devon
6,646
30th 2023: 30th
Gloucestershire
6,522
32nd 2023: 32nd
Somerset
6,153
38th 2023: 38th
Wiltshire
4,609
39th 2023: 37th
Bristol
4,467
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 Somerset

6.2

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National Average

12.5

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Type of companies formed in Somerset breakdown

96% Private Limited Companies (5,898 companies)

4% Other company types (255 companies)

Other company types breakdown (255 companies)

Total companies in Somerset by the end of 2024

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Businesses formed in Somerset during 2024

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Businesses dissolved in Somerset during 2024

meaning there is a total of

60,769

businesses registered in Somerset at the end of 2024.

1.0% more companies in Somerset compared to 2023

Surrounding counties 2024 breakdown & comparison

Dorset

63,675 total businesses
7,890 formed in 2024
7,119 dissolved in 2024

Devon

64,346 total businesses
6,646 formed in 2024
5,864 dissolved in 2024

Gloucestershire

61,133 total businesses
6,522 formed in 2024
5,495 dissolved in 2024

Bristol

36,561 total businesses
4,467 formed in 2024
3,885 dissolved in 2024

Wiltshire

42,535 total businesses
4,609 formed in 2024
4,357 dissolved in 2024

Somerset

60,769 total businesses
6,153 formed in 2024
5,785 dissolved in 2024

SomersetDorsetWiltshireGloucestershireBristolDevon

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
205
250
45
Bathavon North
31
37
6
Bathavon South
17
19
2
Bathavon West
14
12
-2
Bathwick
22
21
-1
Chew Valley North
15
28
13
Chew Valley South
13
15
2
Clutton
12
18
6
Combe Down
27
26
-1
Farmborough
5
15
10
High Littleton
13
13
0
Keynsham East
39
44
5
Keynsham North
47
27
-20
Keynsham South
20
26
6
Kingsmead
114
61
-53
Lambridge
37
26
-11
Lansdown
24
28
4
Lyncombe
31
46
15
Mendip
8
9
1
Midsomer Norton North
57
53
-4
Midsomer Norton Redfield
19
17
-2
Newbridge
28
26
-2
Odd Down
47
72
25
Oldfield
25
26
1
Paulton
29
44
15
Peasedown
28
26
-2
Publow and Whitchurch
11
13
2
Radstock
17
24
7
Saltford
24
23
-1
Southdown
15
18
3
Timsbury
10
12
2
Twerton
16
20
4
Walcot
28
41
13
Westfield
17
29
12
Westmoreland
23
16
-7
Weston
32
31
-1
Widcombe
32
33
1
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Ammerdown
20
14
-6
Ashwick Chilcompton and Stratton
33
59
26
Bathwick
22
21
-1
Beckington and Selwood
20
22
2
Butleigh and Baltonsborough
11
20
9
Chewton Mendip and Ston Easton
9
12
3
Coleford and Holcombe
15
22
7
Cranmore Doulting and Nunney
15
18
3
Creech
6
12
6
Croscombe and Pilton
17
13
-4
Frome Berkley Down
12
15
3
Frome College
7
11
4
Frome Keyford
33
43
10
Frome Market
47
45
-2
Frome Oakfield
10
13
3
Frome Park
17
14
-3
Glastonbury St Benedict's
36
30
-6
Glastonbury St Edmund's
8
11
3
Glastonbury St John's
8
9
1
Glastonbury St Mary's
7
7
0
Moor
13
8
-5
Postlebury
13
12
-1
Rode and Norton St Philip
15
12
-3
Rodney and Westbury
14
11
-3
Shepton East
58
73
15
Shepton West
11
17
6
St Cuthbert Out North
21
14
-7
Street North
26
25
-1
Street South
18
25
7
Street West
6
3
-3
The Pennards and Ditcheat
10
21
11
Wells Central
49
41
-8
Wells St Cuthbert's
28
27
-1
Wells St Thomas'
30
40
10
Wookey and St Cuthbert Out West
7
9
2
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Backwell
87
25
-62
Banwell & Winscombe
55
51
-4
Blagdon & Churchill
25
20
-5
Clevedon East
25
45
20
Clevedon South
10
11
1
Clevedon Walton
50
33
-17
Clevedon West
25
17
-8
Clevedon Yeo
13
17
4
Congresbury & Puxton
29
22
-7
Gordano Valley
32
30
-2
Hutton & Locking
28
28
0
Long Ashton
58
67
9
Nailsea Golden Valley
13
19
6
Nailsea West End
9
13
4
Nailsea Yeo
28
44
16
Nailsea Youngwood
8
6
-2
Pill
52
63
11
Portishead East
47
52
5
Portishead North
38
43
5
Portishead South
27
16
-11
Portishead West
42
70
28
Weston-super-Mare Bournville
38
42
4
Weston-super-Mare Central
240
299
59
Weston-super-Mare Hillside
102
92
-10
Weston-super-Mare Kewstoke
30
38
8
Weston-super-Mare Mid Worle
33
40
7
Weston-super-Mare Milton
57
55
-2
Weston-super-Mare North Worle
21
32
11
Weston-super-Mare South Worle
35
39
4
Weston-super-Mare Uphill
39
28
-11
Weston-super-Mare Winterstoke
55
54
-1
Wick St Lawrence & St Georges
28
19
-9
Winford
32
41
9
Wrington
59
26
-33
Yatton
37
47
10
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Axevale
91
25
-66
Berrow
6
4
-2
Bridgwater Dunwear
10
11
1
Bridgwater Eastover
40
69
29
Bridgwater Fairfax
17
24
7
Bridgwater Hamp
11
14
3
Bridgwater Victoria
25
19
-6
Bridgwater Westover
129
122
-7
Bridgwater Wyndham
6
14
8
Burnham Central
30
31
1
Burnham North
29
30
1
Cannington and Wembdon
12
15
3
Cheddar and Shipham
28
35
7
East Polden
7
13
6
Highbridge and Burnham Marine
31
17
-14
Huntspill and Pawlett
13
8
-5
King's Isle
28
53
25
Knoll
28
36
8
North Petherton
34
45
11
Puriton and Woolavington
15
10
-5
Quantocks
14
12
-2
Wedmore and Mark
256
169
-87
West Polden
11
38
27
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Blackdown
20
15
-5
Blackmoor Vale
18
33
15
Bruton
21
17
-4
Brympton
33
52
19
Burrow Hill
5
13
8
Camelot
10
14
4
Cary
32
38
6
Chard Avishayes
2
6
4
Chard Combe
5
8
3
Chard Crimchard
8
15
7
Chard Holyrood
8
9
1
Chard Jocelyn
5
6
1
Coker
13
16
3
Crewkerne
28
28
0
Curry Rivel
13
12
-1
Eggwood
5
6
1
Hamdon
5
5
0
Ilminster
24
36
12
Islemoor
11
17
6
Ivelchester
16
24
8
Langport and Huish
13
14
1
Martock
22
25
3
Milborne Port
19
13
-6
Neroche
15
8
-7
Northstone
10
11
1
Parrett
3
2
-1
South Petherton
15
24
9
St Michael's
6
11
5
Tatworth and Forton
5
7
2
Tower
12
7
-5
Turn Hill
9
12
3
Wessex
29
38
9
Wincanton
25
25
0
Windwhistle
10
12
2
Yeovil Central
61
77
16
Yeovil East
25
27
2
Yeovil South
23
36
13
Yeovil West
25
24
-1
Yeovil Without
24
27
3
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bishop's Hull
24
16
-8
Bishop's Lydeard
22
18
-4
Blackdown
20
15
-5
Bradford-on-Tone
10
12
2
Comeytrowe
12
15
3
Milverton and North Deane
17
13
-4
Monument
13
12
-1
Neroche
15
8
-7
North Curry and Stoke St Gregory
13
7
-6
Norton Fitzwarren
15
20
5
Ruishton and Creech
12
24
12
Staplegrove
71
103
32
Taunton Blackbrook and Holway
120
64
-56
Taunton Eastgate
42
84
42
Taunton Fairwater
43
49
6
Taunton Halcon
44
46
2
Taunton Killams and Mountfield
32
96
64
Taunton Lyngford
30
39
9
Taunton Manor and Wilton
97
105
8
Taunton Pyrland and Rowbarton
16
9
-7
Trull
14
25
11
Upper Culm
0
0
Wellington East
22
27
5
Wellington North
37
46
9
Wellington Rockwell Green and West
23
19
-4
West Monkton
35
71
36
Wiveliscombe and West Deane
27
17
-10
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Alcombe
5
10
5
Brendon Hills
3
4
1
Carhampton and Withycombe
5
3
-2
Crowcombe and Stogumber
18
5
-13
Dulverton and District
7
7
0
Dunster and Timberscombe
4
5
1
Greater Exmoor
4
7
3
Minehead Central
14
12
-2
Minehead North
4
5
1
Minehead South
6
8
2
Old Cleeve
13
7
-6
Porlock and District
12
8
-4
Quantock Vale
4
5
1
Watchet
14
9
-5
West Quantock
3
1
-2
Williton
6
7
1

Total companies 2024 league table

The counties in England where the most existing companies were based at the end of 2024 and how Somerset 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
25th 2023: 23rd
Somerset
60,769
Rank
County
Total companies
Rank County Total companies
20th 2023: 20th
Devon
64,346
21st 2023: 21st
Dorset
63,675
24th 2023: 26th
Gloucestershire
61,133
25th 2023: 23rd
Somerset
60,769
37th 2023: 37th
Wiltshire
42,535
39th 2023: 39th
Bristol
36,561
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 Somerset

61.3

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National Average

83.4

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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.

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

2024

6,153 formed

5,785 dissolved

Overall growth compared to previous year

4.01% vs 2020

3.89% vs 2021

1.1% vs 2022

1.0% vs 2023