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Company Formations in 2024: West Midlands

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???? Businesses formed in West Midlands during 2024

3.3% more companies in West Midlands compared to 2023

New businesses in West Midlands mapped

Birmingham 19,188 formed

Coventry 6,571 formed

Dudley 2,849 formed

Sandwell 4,109 formed

Solihull 2,123 formed

Walsall 3,208 formed

Wolverhampton 3,598 formed

Companies formed in 2024 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 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
Rank
County
No. Companies formed
Rank County No. Companies formed
2nd 2023: 2nd
West Midlands
41,700
23rd 2023: 21st
Staffordshire
8,181
36th 2023: 36th
Warwickshire
5,070
37th 2023: 39th
Worcestershire
5,059
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 West Midlands

14.1

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National Average

12.5

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Type of companies formed in West Midlands breakdown

97% Private Limited Companies (40,563 companies)

3% Other company types (1,137 companies)

Other company types breakdown (1,137 companies)

Total companies in West Midlands by the end of 2024

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Businesses formed in West Midlands during 2024

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Businesses dissolved in West Midlands during 2024

meaning there is a total of

234,944

businesses registered in West Midlands at the end of 2024.

3.3% more companies in West Midlands compared to 2023

Surrounding counties 2024 breakdown & comparison

Staffordshire

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

Warwickshire

43,777 total businesses
5,070 formed in 2024
4,908 dissolved in 2024

Worcestershire

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

Shropshire

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

West Midlands

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

SuolkCambridgeshireEssexWorcestershireWarwickshireShropshireStaordshireWestMidlands

Ward breakdown data for

Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Acocks Green
327
460
133
Aston
633
785
152
Bartley Green
309
303
-6
Bickenhill
122
168
46
Billesley
145
238
93
Bordesley Green
422
545
123
Bournville
126
197
71
Brandwood
185
266
81
Curdworth
0
0
Edgbaston
507
773
266
Erdington
307
481
174
Hall Green
287
492
205
Handsworth Wood
454
454
0
Harborne
237
265
28
Hodge Hill
390
441
51
Kings Norton
129
141
12
Kingstanding
176
188
12
Ladywood
3260
2485
-775
Longbridge
156
166
10
Lozells and East Handsworth
539
592
53
Moseley and Kings Heath
210
307
97
Nechells
1226
1687
461
Northfield
218
235
17
Oscott
206
277
71
Perry Barr
282
424
142
Quinton
226
320
94
Selly Oak
204
218
14
Shard End
206
249
43
Sheldon
171
233
62
Soho
590
619
29
South Yardley
928
903
-25
Sparkbrook
587
814
227
Springfield
417
680
263
Stechford and Yardley North
262
391
129
Stockland Green
381
357
-24
Sutton Four Oaks
184
196
12
Sutton New Hall
127
212
85
Sutton Trinity
325
315
-10
Sutton Vesey
420
303
-117
Tyburn
225
338
113
Washwood Heath
504
662
158
Weoley
148
176
28
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bablake
81
128
47
Binley and Willenhall
119
109
-10
Cheylesmore
150
159
9
Earlsdon
196
277
81
Foleshill
495
468
-27
Henley
156
166
10
Holbrook
307
426
119
Longford
205
211
6
Lower Stoke
586
2287
1701
Radford
370
353
-17
Sherbourne
134
162
28
St Michael's
770
905
135
Upper Stoke
245
264
19
Wainbody
68
79
11
Westwood
387
208
-179
Whoberley
92
113
21
Woodlands
98
102
4
Wyken
215
154
-61
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Amblecote
42
42
0
Belle Vale
100
120
20
Brierley Hill
233
231
-2
Brockmoor and Pensnett
84
205
121
Castle and Priory
126
145
19
Coseley East
57
73
16
Cradley and Wollescote
75
91
16
Darlaston South
99
162
63
Gornal
50
50
0
Halesowen North
93
139
46
Halesowen South
123
149
26
Hayley Green and Cradley South
41
67
26
Kingswinford North and Wall Heath
111
150
39
Kingswinford South
45
62
17
Lye and Stourbridge North
133
113
-20
Netherton Woodside and St Andrews
195
130
-65
Norton
38
44
6
Pedmore and Stourbridge East
36
50
14
Quarry Bank and Dudley Wood
38
53
15
Sedgley
102
197
95
St James's
137
216
79
St Thomas's
159
231
72
Upper Gornal and Woodsetton
32
59
27
Wollaston and Stourbridge Town
130
167
37
Wordsley
42
65
23
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Abbey
179
256
77
Blackheath
81
122
41
Bristnall
75
114
39
Charlemont with Grove Vale
96
127
31
Cradley Heath and Old Hill
278
180
-98
Darlaston South
99
162
63
Friar Park
48
76
28
Great Barr with Yew Tree
82
148
66
Great Bridge
111
129
18
Greets Green and Lyng
174
269
95
Hateley Heath
89
141
52
Langley
122
136
14
Newton
80
126
46
Old Warley
105
135
30
Oldbury
198
263
65
Pheasey Park Farm
92
168
76
Princes End
57
75
18
Rowley
68
83
15
Smethwick
160
208
48
Soho and Victoria
526
456
-70
St Pauls
175
248
73
Tipton Green
110
142
32
Tividale
70
76
6
Wednesbury North
87
126
39
Wednesbury South
100
188
88
West Bromwich Central
209
285
76
Willenhall South
161
226
65
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bickenhill
122
168
46
Blythe
298
284
-14
Castle Bromwich
65
96
31
Chelmsley Wood
118
62
-56
Dorridge and Hockley Heath
74
71
-3
Elmdon
77
101
24
Kingshurst and Fordbridge
32
48
16
Knowle
120
146
26
Lyndon
86
88
2
Meriden
72
105
33
Olton
74
95
21
Shirley East
127
106
-21
Shirley South
145
172
27
Shirley West
129
196
67
Silhill
79
128
49
Smith's Wood
53
75
22
St Alphege
129
182
53
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Aldridge Central and South
235
298
63
Aldridge North and Walsall Wood
210
76
-134
Bentley and Darlaston North
114
174
60
Birchills Leamore
176
168
-8
Blakenall
121
126
5
Bloxwich East
57
92
35
Bloxwich West
60
78
18
Brownhills
67
67
0
Darlaston South
99
162
63
Paddock
171
183
12
Palfrey
150
236
86
Pelsall
67
56
-11
Pheasey Park Farm
92
168
76
Pleck
231
207
-24
Rushall-Shelfield
74
85
11
Short Heath
58
67
9
St Matthew's
477
577
100
Streetly
78
105
27
Willenhall North
49
57
8
Willenhall South
161
226
65
Ward
Dissolutions
Incorporations
Net Change
Ward Dissolutions Incorporations Net Change
Bilston East
296
199
-97
Bilston North
99
101
2
Blakenhall
247
276
29
Bushbury North
64
84
20
Bushbury South and Low Hill
187
307
120
East Park
239
207
-32
Ettingshall
453
249
-204
Fallings Park
60
86
26
Graiseley
162
162
0
Heath Town
138
131
-7
Merry Hill
72
70
-2
Oxley
103
100
-3
Park
217
307
90
Penn
78
116
38
Spring Vale
79
106
27
St Peter's
819
701
-118
Tettenhall Regis
65
88
23
Tettenhall Wightwick
66
96
30
Wednesfield North
69
73
4
Wednesfield South
105
139
34

Total companies 2024 league table

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

Man holding trophy
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
Rank
County
Total companies
Rank County Total companies
3rd 2023: 3rd
West Midlands
234,944
22nd 2023: 22nd
Staffordshire
62,904
35th 2023: 35th
Worcestershire
48,838
36th 2023: 36th
Warwickshire
43,777
41st 2023: 41st
Shropshire
28,136
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 West Midlands

79.5

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National Average

83.4

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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.

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

2024

41,700 formed

35,192 dissolved

Overall growth compared to previous year

3.7% vs 2020

6.53% vs 2021

7.4% vs 2022

3.3% vs 2023