Company Registrations, Q3 2015 2 October 2015 There were 1,026 ...
Company Registrations, Q3 2015
2 October 2015
There were 1,026 businesses registered in Buckinghamshire in the third quarter of 2015, according to Companies House, 139 fewer (11.9 per cent) than in the same quarter last year. Only eight of the 39 Local Enterprise Partnerships bettered the national rate of new company registration, Buckinghamshire ranking 9th, with 24.6 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 (333), South Bucks recorded the highest registration rate at 38.2 for every 10,000 residents, the 33rd highest of all 380 local authorities in Great Britain, 10th highest outside London and the only Buckinghamshire district to better the national rate. Table 1: Business registration rates, Q3 2015 New Registrations Rate (per 10,000 residents) Aylesbury Vale 304 20.7 Chiltern 177 23.7 South Bucks 212 38.2 Wycombe 333 23.9
Buckinghamshire Thames Valley England
1,026 112,762
24.6 25.6
Rank 121 96 33 91 9 -
Sources: Companies House, 2015; MYPE, ONS, 2015
London’s business registration rate is 85 per cent above that of Hertfordshire, the next highest ranked LEP, and more than twice the rate for England as a whole. All 33 local authorities in London bettered the national registration rate, ranging from 26.6 new registrations for every 10,000 residents in Sutton to 1,909 in the City of London. More than a third (36.6 per cent) of all new registrations in England were in London, where the 41,312 new companies was well ahead of the 6,691 registered in the South East LEP and the 5,891 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 16 of the top 20. Watford (7th), Warrington (8th), Hertsmere (Hertfordshire, 13th) and Poole (14th) are the best placed local authorities outside London. Manchester was the best placed of the core cities ranking 24th, ahead of Birmingham (35th), Bristol (61st), Leeds (64th) and Liverpool (79th). Nottingham (116th), Sheffield (163rd) and Newcastle (166th) failed to match England’s registration rate. Only 80 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, Q3 2015 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 40 41 42 43 44 45 46 47 48 49 50
Local authority Registrations Rate City of London 1,375 1,909.7 Westminster 4,138 210.8 Camden 3,886 199.6 Hackney 3,897 186.7 Barnet 2,270 76.8 Tower Hamlets 1,664 73.4 Watford 532 71.0 Warrington 1,176 70.4 Islington 1,240 66.8 Kensington and Chelsea 828 63.3 Redbridge 1,404 62.0 Harrow 1,133 57.9 Hertsmere 470 57.7 Poole 697 56.3 Merton 867 53.5 Wandsworth 1,373 53.4 Hammersmith and Fulham 765 51.9 Newham 1,217 48.7 Southwark 1,138 46.2 Enfield 1,142 45.5 Ealing 1,208 44.8 Barking and Dagenham 641 44.2 Brent 1,120 44.1 Manchester 1,834 44.0 Fylde 281 43.3 Haringey 912 42.7 Waltham Forest 889 42.4 Slough 455 42.0 Hounslow 875 41.7 Croydon 1,176 40.1 Trafford 738 40.0 Brighton and Hove 916 38.9 South Bucks 212 38.2 867 37.6 Hillingdon Birmingham 3,177 37.4 Elmbridge 362 35.1 West Dorset 291 34.4 Luton 552 34.1 Edinburgh, City of 1,424 34.1 Lambeth 859 32.8 Milton Keynes 656 32.8 Greenwich 687 32.7 Spelthorne 260 32.5 Richmond upon Thames 488 31.8 St Albans 355 31.4 Dartford 249 30.7 Three Rivers 221 30.6 Portsmouth 519 30.5 Shepway 275 30.4 Windsor and Maidenhead 353 29.9 Sources: Companies House, 2015; MYPE, ONS, 2015
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Table 3: Business registration rates by LEP, Q3 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 41,312 Hertfordshire 3,024 Cheshire and Warrington 2,421 Greater Birmingham and Solihull 4,407 Thames Valley Berkshire 1,900 Dorset 1,698 Greater Manchester 5,819 Coast to Capital 4,210 Buckinghamshire Thames Valley 1,026 South East Midlands 3,443 Coventry and Warwickshire 1,655 Enterprise M3 3,044 Northamptonshire 1,249 South East 6,691 Leeds City Region 4,837 West of England 1,793 Solent 2,438 Black Country 1,663 Greater Cambridge & Greater Peterborough 2,023 Liverpool City Region 2,180 Lancashire 2,057 Oxfordshire LEP 896 Gloucestershire 818 Swindon and Wiltshire 897 Sheffield City Region 2,276 Worcestershire 715 Derby, Derbyshire, Nottingham and Nottinghamshire 2,550 York and North Yorkshire 1,379 Stoke-on-Trent and Staffordshire 1,239 Tees Valley 722 Greater Lincolnshire 1,161 New Anglia 1,717 Humber 954 The Marches 690 North Eastern 1,910 Heart of the South West 1,578 Cumbria 435 Leicester and Leicestershire 845 Cornwall and the Isles of Scilly 471
Rate 60.7 32.8 32.3 28.1 27.2 26.7 26.7 26.2 24.6 24.4 22.9 22.6 21.9 20.1 20.0 19.9 18.8 18.0 17.7 17.5 17.2 16.4 16.3 15.9 15.2 15.1 14.5 14.5 13.6 13.4 13.3 12.9 12.6 12.6 11.8 11.2 10.5 10.4 10.3
Source: Companies House, 2015; MYPE, ONS, 2015
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2 October 2015
There were 1,026 businesses registered in Buckinghamshire in the third quarter of 2015, according to Companies House, 139 fewer (11.9 per cent) than in the same quarter last year. Only eight of the 39 Local Enterprise Partnerships bettered the national rate of new company registration, Buckinghamshire ranking 9th, with 24.6 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 (333), South Bucks recorded the highest registration rate at 38.2 for every 10,000 residents, the 33rd highest of all 380 local authorities in Great Britain, 10th highest outside London and the only Buckinghamshire district to better the national rate. Table 1: Business registration rates, Q3 2015 New Registrations Rate (per 10,000 residents) Aylesbury Vale 304 20.7 Chiltern 177 23.7 South Bucks 212 38.2 Wycombe 333 23.9
Buckinghamshire Thames Valley England
1,026 112,762
24.6 25.6
Rank 121 96 33 91 9 -
Sources: Companies House, 2015; MYPE, ONS, 2015
London’s business registration rate is 85 per cent above that of Hertfordshire, the next highest ranked LEP, and more than twice the rate for England as a whole. All 33 local authorities in London bettered the national registration rate, ranging from 26.6 new registrations for every 10,000 residents in Sutton to 1,909 in the City of London. More than a third (36.6 per cent) of all new registrations in England were in London, where the 41,312 new companies was well ahead of the 6,691 registered in the South East LEP and the 5,891 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 16 of the top 20. Watford (7th), Warrington (8th), Hertsmere (Hertfordshire, 13th) and Poole (14th) are the best placed local authorities outside London. Manchester was the best placed of the core cities ranking 24th, ahead of Birmingham (35th), Bristol (61st), Leeds (64th) and Liverpool (79th). Nottingham (116th), Sheffield (163rd) and Newcastle (166th) failed to match England’s registration rate. Only 80 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, Q3 2015 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 40 41 42 43 44 45 46 47 48 49 50
Local authority Registrations Rate City of London 1,375 1,909.7 Westminster 4,138 210.8 Camden 3,886 199.6 Hackney 3,897 186.7 Barnet 2,270 76.8 Tower Hamlets 1,664 73.4 Watford 532 71.0 Warrington 1,176 70.4 Islington 1,240 66.8 Kensington and Chelsea 828 63.3 Redbridge 1,404 62.0 Harrow 1,133 57.9 Hertsmere 470 57.7 Poole 697 56.3 Merton 867 53.5 Wandsworth 1,373 53.4 Hammersmith and Fulham 765 51.9 Newham 1,217 48.7 Southwark 1,138 46.2 Enfield 1,142 45.5 Ealing 1,208 44.8 Barking and Dagenham 641 44.2 Brent 1,120 44.1 Manchester 1,834 44.0 Fylde 281 43.3 Haringey 912 42.7 Waltham Forest 889 42.4 Slough 455 42.0 Hounslow 875 41.7 Croydon 1,176 40.1 Trafford 738 40.0 Brighton and Hove 916 38.9 South Bucks 212 38.2 867 37.6 Hillingdon Birmingham 3,177 37.4 Elmbridge 362 35.1 West Dorset 291 34.4 Luton 552 34.1 Edinburgh, City of 1,424 34.1 Lambeth 859 32.8 Milton Keynes 656 32.8 Greenwich 687 32.7 Spelthorne 260 32.5 Richmond upon Thames 488 31.8 St Albans 355 31.4 Dartford 249 30.7 Three Rivers 221 30.6 Portsmouth 519 30.5 Shepway 275 30.4 Windsor and Maidenhead 353 29.9 Sources: Companies House, 2015; MYPE, ONS, 2015
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Table 3: Business registration rates by LEP, Q3 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 41,312 Hertfordshire 3,024 Cheshire and Warrington 2,421 Greater Birmingham and Solihull 4,407 Thames Valley Berkshire 1,900 Dorset 1,698 Greater Manchester 5,819 Coast to Capital 4,210 Buckinghamshire Thames Valley 1,026 South East Midlands 3,443 Coventry and Warwickshire 1,655 Enterprise M3 3,044 Northamptonshire 1,249 South East 6,691 Leeds City Region 4,837 West of England 1,793 Solent 2,438 Black Country 1,663 Greater Cambridge & Greater Peterborough 2,023 Liverpool City Region 2,180 Lancashire 2,057 Oxfordshire LEP 896 Gloucestershire 818 Swindon and Wiltshire 897 Sheffield City Region 2,276 Worcestershire 715 Derby, Derbyshire, Nottingham and Nottinghamshire 2,550 York and North Yorkshire 1,379 Stoke-on-Trent and Staffordshire 1,239 Tees Valley 722 Greater Lincolnshire 1,161 New Anglia 1,717 Humber 954 The Marches 690 North Eastern 1,910 Heart of the South West 1,578 Cumbria 435 Leicester and Leicestershire 845 Cornwall and the Isles of Scilly 471
Rate 60.7 32.8 32.3 28.1 27.2 26.7 26.7 26.2 24.6 24.4 22.9 22.6 21.9 20.1 20.0 19.9 18.8 18.0 17.7 17.5 17.2 16.4 16.3 15.9 15.2 15.1 14.5 14.5 13.6 13.4 13.3 12.9 12.6 12.6 11.8 11.2 10.5 10.4 10.3
Source: Companies House, 2015; MYPE, ONS, 2015
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