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Company Formations in 2023: West Midlands

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???? Businesses formed in West Midlands during 2023

7.4% more companies in West Midlands compared to 2022

New businesses in West Midlands mapped

Birmingham 21,560 formed

Coventry 6,479 formed

Dudley 2,806 formed

Sandwell 4,366 formed

Solihull 2,217 formed

Walsall 3,317 formed

Wolverhampton 3,791 formed

Companies formed in 2023 league table

The counties in England where most companies are formed, and how West Midlands 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
Rank
County
No. Companies formed
Rank County No. Companies formed
2nd 2022: 2nd
West Midlands
44,594
21st 2022: 21st
Staffordshire
8,878
36th 2022: 33rd
Warwickshire
5,157
39th 2022: 37th
Worcestershire
4,808
41st 2022: 41st
Shropshire
3,480
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 West Midlands

16.3

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National Average

14.2

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Type of companies formed in West Midlands breakdown

97% Private Limited Companies (43,357 companies)

3% Other company types (1,237 companies)

Other company types breakdown (1,237 companies)

Total companies in West Midlands by the end of 2023

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Businesses formed in West Midlands during 2023

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Businesses dissolved in West Midlands during 2023

meaning there is a total of

227,431

businesses registered in West Midlands at the end of 2023.

7.4% more companies in West Midlands compared to 2022

Surrounding counties 2023 breakdown & comparison

Staffordshire

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

Warwickshire

43,587 total businesses
5,157 formed in 2023
4,554 dissolved in 2023

Worcestershire

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

Shropshire

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

West Midlands

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

SuolkCambridgeshireEssexWorcestershireWarwickshireShropshireStaordshireWestMidlands

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Acocks Green
306
439
133
Aston
573
807
234
Bartley Green
259
296
37
Bickenhill
157
165
8
Billesley
166
210
44
Bordesley Green
464
567
103
Bournville
142
208
66
Brandwood
181
286
105
Curdworth
0
0
Edgbaston
522
716
194
Erdington
314
398
84
Hall Green
299
490
191
Handsworth Wood
357
457
100
Harborne
272
320
48
Hodge Hill
330
542
212
Kings Norton
142
171
29
Kingstanding
150
243
93
Ladywood
3156
2829
-327
Longbridge
155
163
8
Lozells and East Handsworth
562
779
217
Moseley and Kings Heath
236
316
80
Nechells
1076
1745
669
Northfield
144
466
322
Oscott
203
244
41
Perry Barr
285
387
102
Quinton
202
335
133
Selly Oak
146
261
115
Shard End
168
277
109
Sheldon
183
240
57
Soho
597
672
75
South Yardley
583
1502
919
Sparkbrook
565
822
257
Springfield
426
773
347
Stechford and Yardley North
266
437
171
Stockland Green
333
930
597
Sutton Four Oaks
180
208
28
Sutton New Hall
159
181
22
Sutton Trinity
330
319
-11
Sutton Vesey
229
271
42
Tyburn
223
333
110
Washwood Heath
523
692
169
Weoley
126
228
102
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bablake
100
124
24
Binley and Willenhall
124
162
38
Cheylesmore
125
156
31
Earlsdon
172
257
85
Foleshill
475
524
49
Henley
152
202
50
Holbrook
274
422
148
Longford
185
226
41
Lower Stoke
206
1930
1724
Radford
274
326
52
Sherbourne
138
143
5
St Michael's
809
954
145
Upper Stoke
248
288
40
Wainbody
65
78
13
Westwood
446
233
-213
Whoberley
78
135
57
Woodlands
149
144
-5
Wyken
209
175
-34
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Amblecote
50
51
1
Belle Vale
125
108
-17
Brierley Hill
215
262
47
Brockmoor and Pensnett
64
153
89
Castle and Priory
127
161
34
Coseley East
60
90
30
Cradley and Wollescote
67
87
20
Darlaston South
112
154
42
Gornal
50
74
24
Halesowen North
90
138
48
Halesowen South
91
128
37
Hayley Green and Cradley South
45
46
1
Kingswinford North and Wall Heath
100
145
45
Kingswinford South
45
100
55
Lye and Stourbridge North
120
136
16
Netherton Woodside and St Andrews
101
98
-3
Norton
40
53
13
Pedmore and Stourbridge East
59
59
0
Quarry Bank and Dudley Wood
46
63
17
Sedgley
82
173
91
St James's
155
186
31
St Thomas's
150
193
43
Upper Gornal and Woodsetton
32
51
19
Wollaston and Stourbridge Town
136
186
50
Wordsley
53
64
11
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
193
282
89
Blackheath
72
114
42
Bristnall
84
109
25
Charlemont with Grove Vale
93
152
59
Cradley Heath and Old Hill
208
184
-24
Darlaston South
112
154
42
Friar Park
49
69
20
Great Barr with Yew Tree
75
129
54
Great Bridge
86
139
53
Greets Green and Lyng
156
284
128
Hateley Heath
92
143
51
Langley
78
137
59
Newton
90
124
34
Old Warley
91
145
54
Oldbury
238
312
74
Pheasey Park Farm
89
145
56
Princes End
74
91
17
Rowley
53
89
36
Smethwick
168
231
63
Soho and Victoria
790
515
-275
St Pauls
174
256
82
Tipton Green
109
145
36
Tividale
59
102
43
Wednesbury North
78
115
37
Wednesbury South
113
175
62
West Bromwich Central
223
323
100
Willenhall South
158
427
269
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bickenhill
157
165
8
Blythe
220
327
107
Castle Bromwich
65
74
9
Chelmsley Wood
51
138
87
Dorridge and Hockley Heath
145
71
-74
Elmdon
72
97
25
Kingshurst and Fordbridge
51
63
12
Knowle
109
141
32
Lyndon
70
99
29
Meriden
86
114
28
Olton
83
99
16
Shirley East
116
139
23
Shirley South
150
208
58
Shirley West
136
172
36
Silhill
85
110
25
Smith's Wood
66
60
-6
St Alphege
131
140
9
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aldridge Central and South
208
222
14
Aldridge North and Walsall Wood
87
59
-28
Bentley and Darlaston North
130
152
22
Birchills Leamore
189
183
-6
Blakenall
97
159
62
Bloxwich East
43
79
36
Bloxwich West
56
77
21
Brownhills
52
64
12
Darlaston South
112
154
42
Paddock
158
178
20
Palfrey
154
202
48
Pelsall
42
96
54
Pheasey Park Farm
89
145
56
Pleck
205
233
28
Rushall-Shelfield
58
115
57
Short Heath
42
68
26
St Matthew's
492
532
40
Streetly
89
97
8
Willenhall North
52
77
25
Willenhall South
158
427
269
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bilston East
158
272
114
Bilston North
118
129
11
Blakenhall
218
232
14
Bushbury North
65
118
53
Bushbury South and Low Hill
188
274
86
East Park
185
155
-30
Ettingshall
337
336
-1
Fallings Park
65
93
28
Graiseley
167
201
34
Heath Town
119
153
34
Merry Hill
55
82
27
Oxley
84
144
60
Park
204
236
32
Penn
88
101
13
Spring Vale
79
102
23
St Peter's
608
668
60
Tettenhall Regis
56
94
38
Tettenhall Wightwick
69
95
26
Wednesfield North
37
173
136
Wednesfield South
111
133
22

Total companies 2023 league table

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

Man holding trophy
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
Rank
County
Total companies
Rank County Total companies
3rd 2022: 3rd
West Midlands
227,431
22nd 2022: 22nd
Staffordshire
61,360
35th 2022: 35th
Worcestershire
45,794
36th 2022: 36th
Warwickshire
43,587
41st 2022: 41st
Shropshire
28,037
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 West Midlands

83.0

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National Average

86.6

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The last 5 years

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

2019

29,676 formed

25,246 dissolved

2020

37,202 formed

20,310 dissolved

2021

36,485 formed

30,607 dissolved

2022

39,355 formed

27,101 dissolved

2023

44,594 formed

32,819 dissolved

Overall growth compared to previous year

10.72% vs 2019

3.7% vs 2020

6.53% vs 2021

7.4% vs 2022