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Company Formations in 2023: Tyne and Wear

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???? Businesses formed in Tyne and Wear during 2023

3.4% more companies in Tyne and Wear compared to 2022

New businesses in Tyne and Wear mapped

Gateshead 1,421 formed

Newcastle upon Tyne 2,853 formed

North Tyneside 1,309 formed

South Tyneside 987 formed

Sunderland 1,686 formed

Companies formed in 2023 league table

The counties in England where most companies are formed, and how Tyne and Wear 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
24th 2022: 22nd
Tyne and Wear
8,274
Rank
County
No. Companies formed
Rank County No. Companies formed
18th 2022: 20th
North Yorkshire
9,266
24th 2022: 22nd
Tyne and Wear
8,274
34th 2022: 35th
Durham
5,696
43rd 2022: 44th
Cumbria
2,686
45th 2022: 45th
Northumberland
1,554
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 Tyne and Wear

7.5

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National Average

14.2

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Type of companies formed in Tyne and Wear breakdown

96% Private Limited Companies (7,959 companies)

4% Other company types (315 companies)

Other company types breakdown (315 companies)

Total companies in Tyne and Wear by the end of 2023

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Businesses formed in Tyne and Wear during 2023

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Businesses dissolved in Tyne and Wear during 2023

meaning there is a total of

53,391

businesses registered in Tyne and Wear at the end of 2023.

3.4% more companies in Tyne and Wear compared to 2022

Surrounding counties 2023 breakdown & comparison

Cumbria

23,719 total businesses
2,686 formed in 2023
2,115 dissolved in 2023

North Yorkshire

65,895 total businesses
9,266 formed in 2023
7,024 dissolved in 2023

Durham

37,332 total businesses
5,696 formed in 2023
4,327 dissolved in 2023

Northumberland

12,830 total businesses
1,554 formed in 2023
1,275 dissolved in 2023

Tyne and Wear

53,391 total businesses
8,274 formed in 2023
6,624 dissolved in 2023

NorthumberlandTyne andWearNorthYorkshireCumbriaDurham

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Birtley
70
94
24
Blaydon
23
65
42
Bridges
113
163
50
Chopwell and Rowlands Gill
24
30
6
Chowdene
22
30
8
Crawcrook and Greenside
31
29
-2
Deckham
33
43
10
Dene
61
54
-7
Dunston and Teams
127
101
-26
Dunston Hill and Whickham East
28
37
9
Fellgate and Hedworth
24
51
27
Felling
39
62
23
High Fell
21
40
19
Lamesley
103
146
43
Lobley Hill and Bensham
145
151
6
Low Fell
51
57
6
Pelaw and Heworth
26
34
8
Ryton Crookhill and Stella
23
32
9
Saltwell
96
101
5
Wardley and Leam Lane
22
20
-2
Whickham North
45
80
35
Whickham South and Sunniside
26
38
12
Windy Nook and Whitehills
21
34
13
Winlaton and High Spen
25
34
9
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Benwell and Scotswood
112
131
19
Blakelaw
96
84
-12
Byker
98
142
44
Castle
125
187
62
Dene
61
54
-7
Denton
22
41
19
East Gosforth
40
74
34
Elswick
338
427
89
Fawdon
44
55
11
Fenham
69
91
22
Kenton
58
77
19
Lemington
58
57
-1
Newburn
29
51
22
North Heaton
46
52
6
North Jesmond
43
49
6
Ouseburn
91
116
25
Parklands
59
54
-5
South Heaton
61
115
54
South Jesmond
119
123
4
Walker
29
47
18
Walkergate
44
40
-4
West Gosforth
186
138
-48
Westerhope
32
37
5
Westgate
349
394
45
Wingrove
155
210
55
Woolsington
73
70
-3
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Battle Hill
26
39
13
Benton
39
58
19
Camperdown
24
41
17
Chirton
51
74
23
Collingwood
140
99
-41
Cullercoats
26
27
1
Howdon
29
35
6
Killingworth
41
53
12
Longbenton
64
79
15
Monkseaton North
32
39
7
Monkseaton South
37
40
3
Northumberland
16
19
3
Preston
37
41
4
Riverside
94
117
23
St Mary's
32
41
9
Tynemouth
96
142
46
Valley
57
67
10
Wallsend
104
126
22
Weetslade
50
47
-3
Whitley Bay
92
125
33
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Beacon and Bents
80
111
31
Bede
41
48
7
Biddick and All Saints
35
44
9
Boldon Colliery
53
70
17
Cleadon and East Boldon
69
83
14
Cleadon Park
27
32
5
Fellgate and Hedworth
24
51
27
Harton
44
74
30
Hebburn North
34
32
-2
Hebburn South
53
30
-23
Horsley Hill
33
29
-4
Monkton
42
56
14
Primrose
43
84
41
Simonside and Rekendyke
53
77
24
West Park
31
51
20
Westoe
30
47
17
Whitburn and Marsden
19
29
10
Whiteleas
31
39
8
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Barnes
50
59
9
Castle
125
187
62
Copt Hill
32
53
21
Doxford
52
49
-3
Fulwell
45
42
-3
Hendon
110
167
57
Hetton
56
68
12
Houghton
40
74
34
Millfield
97
132
35
Pallion
36
53
17
Redhill
26
58
32
Ryhope
24
47
23
Sandhill
22
34
12
Shiney Row
34
63
29
Silksworth
26
26
0
Southwick
58
102
44
St Anne's
44
47
3
St Chad's
16
35
19
St Michael's
125
171
46
St Peter's
82
68
-14
Washington Central
30
44
14
Washington East
42
52
10
Washington North
48
55
7
Washington South
35
42
7
Washington West
54
82
28

Total companies 2023 league table

The counties in England where the most existing companies were based at the end of 2023 and how Tyne and Wear 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
30th 2022: 30th
Tyne and Wear
53,391
Rank
County
Total companies
Rank County Total companies
18th 2022: 18th
North Yorkshire
65,895
30th 2022: 30th
Tyne and Wear
53,391
38th 2022: 39th
Durham
37,332
43rd 2022: 43rd
Cumbria
23,719
45th 2022: 45th
Northumberland
12,830
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 Tyne and Wear

48.4

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National Average

86.6

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The last 5 years

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

2019

7,132 formed

5,583 dissolved

2020

7,867 formed

4,475 dissolved

2021

7,623 formed

6,425 dissolved

2022

7,838 formed

5,650 dissolved

2023

8,274 formed

6,624 dissolved

Overall growth compared to previous year

8.03% vs 2019

3.09% vs 2020

4.82% vs 2021

3.4% vs 2022