Company Registrations, Q1 2015 2 April 2015 There were 1,379 ...
Company Registrations, Q1 2015
2 April 2015
There were 1,379 businesses registered in Buckinghamshire in the first quarter of 2015, according to Companies House, more than in any quarter of 2014. Only ten of the 39 Local Enterprise Partnerships bettered the national rate of new company registration, with Buckinghamshire ranking 7th, with 33.5 registrations for every 10,000 residents aged 16 or over. Buckinghamshire ranked third among county council areas behind Hertfordshire and Surrey. While the most new businesses were registered in Wycombe (433), South Bucks recorded the highest registration rate at 50.3 for every 10,000 residents, the 33rd highest of all 380 local authorities in Great Britain and tenth highest outside London. Chiltern was the only other Buckinghamshire district to better the national rate. Table 1: Business registration rates, Q1 2015 New Registrations Rate (per 10,000 residents) Aylesbury Vale 394 27.3 Chiltern 276 37.2 South Bucks 276 50.3 Wycombe 433 31.3 Buckinghamshire Thames Valley England
1,379 159,033
33.5 31.4
Rank 124 65 33 93 7 -
Sources: Companies House, 2015; MYPE, ONS, 2014 The rate of new business registration in London is almost twice that of Hertfordshire, the next highest ranked LEP and more than two and half times above the rate for England as a whole. All 33 local authorities in London bettered the national registration rate, from 34.1 new registrations for every 10,000 residents in Sutton to 2,129 in the City of London. Almost a third (32.5 per cent) of England’s new registrations were in London, where the 51,603 new companies was well ahead of the 9,267 registered in the South East LEP and the 7,174 in Greater Manchester. The local authorities with the highest registrations are presented in table 2 below, with London accounting for eight of the top ten places and 17 of the top 20. Bolsover (Derbyshire, 5th), Watford (8th), Rushcliffe (Nottinghamshire, 11th), Warrington (13th), Hertsmere (Hertfordshire, 14th) and Poole (21st) are the best placed local authorities outside London. Manchester is the best placed of the core cities ranking 34th, ahead of Birmingham (42nd) and Bristol (55th). Liverpool (109th), Leeds (111th), Nottingham (176th), Newcastle (183th) and Sheffield (206th) all failed to match England’s registration rate. Only 91 of England’s 326 local authorities bettered the national rate of new business registration. Registration rates across the country are presented in the map at the end of this bulletin, with performance by LEP shown in table 3.
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Table 2: Business registration rates, Q1 2015 Rank Local Authority New Registrations Rate (per 10,000 residents) 1 City of London 1,469 2,129.0 2 Westminster 5,077 265.5 3 Hackney 5,306 260.4 4 Camden 4,326 226.4 5 Bolsover 1,132 179.7 6 Barnet 3,164 108.7 7 Tower Hamlets 1,839 84.4 8 Islington 1,460 80.6 9 Watford 575 77.9 10 Redbridge 1,672 75.1 11 Rushcliffe 661 71.8 12 Harrow 1,389 71.7 13 Warrington 1,166 70.2 14 Hertsmere 550 68.2 15 Wandsworth 1,753 68.2 16 Hammersmith and Fulham 989 66.7 17 Enfield 1,643 66.2 18 Lambeth 1,646 63.8 19 Merton 1,021 62.9 20 Kensington and Chelsea 812 62.2 21 Poole 759 61.7 22 Newham 1,464 59.7 23 Waltham Forest 1,230 59.1 24 Southwark 1,375 56.6 25 Barking and Dagenham 798 56.2 26 Fylde 350 54.3 27 Hounslow 1,123 54.0 28 Ealing 1,452 53.6 29 Haringey 1,122 53.3 30 Brent 1,323 52.5 31 Brighton and Hove 1,204 51.7 32 Slough 541 50.3 33 South Bucks 276 50.3 49.3 34 Manchester 2,036 35 Three Rivers 350 49.0 36 Trafford 894 48.9 37 Spelthorne 384 48.4 38 Croydon 1,338 46.0 39 Hillingdon 1,014 44.8 40 Richmond upon Thames 673 44.2 Sources: Companies House, 2015; MYPE, ONS, 2014
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Table 3: Business registration rates by LEP, Q1 2015
Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39
LEP Registrations London 51,603 Hertfordshire 3,798 Cheshire and Warrington 2,824 Thames Valley Berkshire 2,529 Coast to Capital 5,420 Greater Birmingham and Solihull 5,241 Buckinghamshire Thames Valley 1,379 Greater Manchester 7,174 South East Midlands 4,427 Dorset 2,004 Enterprise M3 4,019 Coventry and Warwickshire 2,036 Northamptonshire 1,600 South East 9,267 West of England 2,477 Sheffield City Region 4,095 Derby, Derbyshire, Nottingham and Nottinghamshire 4,757 Leicester and Leicestershire 2,073 Solent 3,174 Lancashire 2,881 Leeds City Region 5,560 Greater Cambridge & Greater Peterborough 2,586 Oxfordshire LEP 1,229 Black Country 2,028 Liverpool City Region 2,736 Gloucestershire 1,088 Worcestershire 998 Swindon and Wiltshire 1,146 York and North Yorkshire 1,777 Stoke-on-Trent and Staffordshire 1,629 Tees Valley 953 Greater Lincolnshire 1,528 New Anglia 2,327 The Marches 913 Heart of the South West 2,238 Humber 1,163 North Eastern 2,469 Cumbria 601 Cornwall and the Isles of Scilly 648
Rate 76.8 41.7 37.9 36.5 34.0 33.6 33.5 33.0 31.8 31.7 30.0 28.5 28.3 28.2 27.7 27.5 27.2 25.7 24.7 24.1 23.1 22.9 22.7 22.1 22.0 21.9 21.2 20.5 18.7 17.9 17.7 17.6 17.5 16.8 16.0 15.4 15.3 14.4 14.3
Source: Companies House, 2015; MYPE, ONS, 2014
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2 April 2015
There were 1,379 businesses registered in Buckinghamshire in the first quarter of 2015, according to Companies House, more than in any quarter of 2014. Only ten of the 39 Local Enterprise Partnerships bettered the national rate of new company registration, with Buckinghamshire ranking 7th, with 33.5 registrations for every 10,000 residents aged 16 or over. Buckinghamshire ranked third among county council areas behind Hertfordshire and Surrey. While the most new businesses were registered in Wycombe (433), South Bucks recorded the highest registration rate at 50.3 for every 10,000 residents, the 33rd highest of all 380 local authorities in Great Britain and tenth highest outside London. Chiltern was the only other Buckinghamshire district to better the national rate. Table 1: Business registration rates, Q1 2015 New Registrations Rate (per 10,000 residents) Aylesbury Vale 394 27.3 Chiltern 276 37.2 South Bucks 276 50.3 Wycombe 433 31.3 Buckinghamshire Thames Valley England
1,379 159,033
33.5 31.4
Rank 124 65 33 93 7 -
Sources: Companies House, 2015; MYPE, ONS, 2014 The rate of new business registration in London is almost twice that of Hertfordshire, the next highest ranked LEP and more than two and half times above the rate for England as a whole. All 33 local authorities in London bettered the national registration rate, from 34.1 new registrations for every 10,000 residents in Sutton to 2,129 in the City of London. Almost a third (32.5 per cent) of England’s new registrations were in London, where the 51,603 new companies was well ahead of the 9,267 registered in the South East LEP and the 7,174 in Greater Manchester. The local authorities with the highest registrations are presented in table 2 below, with London accounting for eight of the top ten places and 17 of the top 20. Bolsover (Derbyshire, 5th), Watford (8th), Rushcliffe (Nottinghamshire, 11th), Warrington (13th), Hertsmere (Hertfordshire, 14th) and Poole (21st) are the best placed local authorities outside London. Manchester is the best placed of the core cities ranking 34th, ahead of Birmingham (42nd) and Bristol (55th). Liverpool (109th), Leeds (111th), Nottingham (176th), Newcastle (183th) and Sheffield (206th) all failed to match England’s registration rate. Only 91 of England’s 326 local authorities bettered the national rate of new business registration. Registration rates across the country are presented in the map at the end of this bulletin, with performance by LEP shown in table 3.
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Table 2: Business registration rates, Q1 2015 Rank Local Authority New Registrations Rate (per 10,000 residents) 1 City of London 1,469 2,129.0 2 Westminster 5,077 265.5 3 Hackney 5,306 260.4 4 Camden 4,326 226.4 5 Bolsover 1,132 179.7 6 Barnet 3,164 108.7 7 Tower Hamlets 1,839 84.4 8 Islington 1,460 80.6 9 Watford 575 77.9 10 Redbridge 1,672 75.1 11 Rushcliffe 661 71.8 12 Harrow 1,389 71.7 13 Warrington 1,166 70.2 14 Hertsmere 550 68.2 15 Wandsworth 1,753 68.2 16 Hammersmith and Fulham 989 66.7 17 Enfield 1,643 66.2 18 Lambeth 1,646 63.8 19 Merton 1,021 62.9 20 Kensington and Chelsea 812 62.2 21 Poole 759 61.7 22 Newham 1,464 59.7 23 Waltham Forest 1,230 59.1 24 Southwark 1,375 56.6 25 Barking and Dagenham 798 56.2 26 Fylde 350 54.3 27 Hounslow 1,123 54.0 28 Ealing 1,452 53.6 29 Haringey 1,122 53.3 30 Brent 1,323 52.5 31 Brighton and Hove 1,204 51.7 32 Slough 541 50.3 33 South Bucks 276 50.3 49.3 34 Manchester 2,036 35 Three Rivers 350 49.0 36 Trafford 894 48.9 37 Spelthorne 384 48.4 38 Croydon 1,338 46.0 39 Hillingdon 1,014 44.8 40 Richmond upon Thames 673 44.2 Sources: Companies House, 2015; MYPE, ONS, 2014
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Table 3: Business registration rates by LEP, Q1 2015
Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39
LEP Registrations London 51,603 Hertfordshire 3,798 Cheshire and Warrington 2,824 Thames Valley Berkshire 2,529 Coast to Capital 5,420 Greater Birmingham and Solihull 5,241 Buckinghamshire Thames Valley 1,379 Greater Manchester 7,174 South East Midlands 4,427 Dorset 2,004 Enterprise M3 4,019 Coventry and Warwickshire 2,036 Northamptonshire 1,600 South East 9,267 West of England 2,477 Sheffield City Region 4,095 Derby, Derbyshire, Nottingham and Nottinghamshire 4,757 Leicester and Leicestershire 2,073 Solent 3,174 Lancashire 2,881 Leeds City Region 5,560 Greater Cambridge & Greater Peterborough 2,586 Oxfordshire LEP 1,229 Black Country 2,028 Liverpool City Region 2,736 Gloucestershire 1,088 Worcestershire 998 Swindon and Wiltshire 1,146 York and North Yorkshire 1,777 Stoke-on-Trent and Staffordshire 1,629 Tees Valley 953 Greater Lincolnshire 1,528 New Anglia 2,327 The Marches 913 Heart of the South West 2,238 Humber 1,163 North Eastern 2,469 Cumbria 601 Cornwall and the Isles of Scilly 648
Rate 76.8 41.7 37.9 36.5 34.0 33.6 33.5 33.0 31.8 31.7 30.0 28.5 28.3 28.2 27.7 27.5 27.2 25.7 24.7 24.1 23.1 22.9 22.7 22.1 22.0 21.9 21.2 20.5 18.7 17.9 17.7 17.6 17.5 16.8 16.0 15.4 15.3 14.4 14.3
Source: Companies House, 2015; MYPE, ONS, 2014
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