26,248 additional companies were registered in November 2021

26,248 additional companies were registered in November 2021 relative to November 2019. 1,411 less company registrations are noticed in November 2021 relative to November 2020.

Highlights

1. Business creation increased 4.3% between October 2021 and November 2021.
2. Business creation was 2.1% lower in November 2021 than in November 2020.
3. The largest number of company registrations occurs in ‘Wholesale and retail trade; repair of motor vehicles and motorcycles’ and ‘Transportation and storage’.

We analyse Companies House “basic company data” up to the November 30th, 2021. We note more company registration relative to October 2021. The firm creation among active firms remains stronger than the same period in 2019.

Rolling average of firm creation in the UK

The chart below shows the rolling average of firm creation since January 2019. Shaded areas correspond to lockdown periods as shown our key dates timeline.

Read the report here.