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 Ecommerce and Real Estate have taken the top spot.
The widespread switch to remote working and online shopping fuelled a digital transformation in the UK. This has also given aspiring entrepreneurs the final push needed to start their own businesses from home. With 352,871 companies started in 2021 people might be wondering where exactly are these companies.
Top 10 cities with the highest number of new companies started in 2021:
- London 117,442
- Manchester 17,442
- Birmingham 16,747
- Glasgow 10,178
- Leeds 8,113
- Liverpool 7,552
- Leicester 6,485
- Bristol 6,141
- Cardiff 5,306
- Sheffield 5,285
Ecommerce and Real Estate have seen the biggest boom across the UK.
Top 3 types of companies started across the UK:
- Retail sale via mail order houses or via internet
- Buying or selling of own real estate
- Letting and operating of own or leased real estate