After many challenging years for businesses across the UK, Instant Offices has analysed Companies House data to work out which UK cities are fighting back with the strongest entrepreneurial spirit?
Instant Offices analysed the population to startup ratio across the country’s top cities to discover which locations saw the highest concentration of entrepreneurs in the last 12 months. The data revealed the top locations for entrepreneurs launching new ventures.
Overall, entrepreneurship increased across the board in the UK during 2021, with company registrations surging in every city analysed. But what types of businesses are thriving in the UK and how many have been started in the past year? Well, it looks like freight and logistic businesses are thriving!
Freight transport by road businesses saw quite the jump in 2021. But where are all these entrepreneurs residing? It comes as no surprise that London takes the top of the list with a staggering number.
Top 10 cities with the highest number of new real estate businesses:
London – 896
Wolverhampton – 700
Birminghamm – 611
Sheffield – 377
Coventry – 333
Leeds – 320
Bolton – 317
Northampton – 292
Manchester – 269
Doncaster – 261
The UK has seen a 21% increase in the number of new companies started in 2021 compared to 2020.