21,429 additional companies were registered in December 2021

21,429 additional companies were registered in December 2021 relative to December 2019. 4,167 less company registrations are noticed in December 2021 relative to December 2020.

Highlights

  1. Business creation decreased 19.1% between November 2021 and December 2021.
  2. Business creation was 7.3% lower in December 2021 than in December 2020.
  3. The largest number of company registrations occurs in ‘Public administration and defence; compulsory social security’ and ‘Wholesale, and Retail Trade’.

We analyse Companies House “basic company data” up to the December 31st, 2021. We note less company registration relative to November 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.

Yannis Galanakis
Yannis Galanakis
Postdoctoral Research Associate

Yannis' research interests include Labour and Applied Economics.