A RECORD number of new businesses were established in the region last year despite the economic challenges posed by the pandemic. Latest figures show that 22,615 new companies were registered in West Yorkshire during 2020 – up from 18,752 the previous year, an increase of over 20 per cent. It is the third year in a row that a new high has been achieved. The total number of registered companies in West Yorkshire now stands at 135,276. Data has been collated by Inform Direct, a company secretarial and formation specialist, using details from Companies House and the Office for National Statistics. John Korchak, for Inform Direct, said: “It is excellent to see that West Yorkshire has achieved a record year for new company formations despite the unprecedented uncertainties brought by Covid-19.
John Korchak, operations director at Inform Direct which compiled the new business figures based on data from Companies House and the Office for National Statistics. A RECORD number of businesses have been set up in York and North Yorkshire during the past year. Latest figures show that 8,200 new companies were registered in 2020, compared to 7,260 during 2019 - an increase of 12.9 per cent. This was a new record high for the third year in a row, bringing the total number of registered companies in North Yorkshire to 58,526, up from 54,481 at the end of 2019, a 7.4 per cent growth. During the same period, 4,289 companies in North Yorkshire were dissolved.
By Darren Slade
John Korchak, operations director at Inform Direct, which researched the number of company formations across the UK A RECORD number of new businesses were formed in Hampshire last year despite the Covid crisis. There were 15,534 new companies registered in the county in 2020, a 2.4 per cent rise on the number formed 2019. Hampshire had a total of 121,331 registered companies at the end of the year, up 5.7 per cent on 2019. The figures from the Inform Direct Review of Company Formations are based on data from Companies House and the Office for National Statistics. Southampton saw the highest number of new businesses at 2,180, followed by Portsmouth (1,845) and East Hampshire (1,814).