Manchester has had the MOST businesses created in the past two years than any other city
1st March 2022, 2:32 pm
After such 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.
Manchester came out on top as the UK’s most entrepreneurial city, with a 23% increase in the number of businesses registered in 2021. This means one company was registered per every 31 people living in the city.
Ecommerce and real estate businesses have seen the biggest boom in Manchester
But what types of businesses are thriving in Manchester 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.
|
Type of Company |
Number Registered |
|
Retail sale via mail order houses or via Internet |
972 |
|
Buying and selling of own real estate |
678 |
|
Other letting and operating of own or leased real estate |
416 |
|
Other retail sale not in stores, stalls or markets |
404 |
|
Take |
385 |
|
Other business support service activities n.e.c. |
338 |
|
Other service activities n.e.c. |
336 |
|
Management consultancy activities other than financial management |
285 |
|
Freight transport by road |
269 |
|
Development of building projects |
221 |
Which other cities are dominating their entrepreneurial growth? You can see the full list below:
|
City |
%Growth(YoY) |
Population |
Companies started in 2020 |
Companies started in 2021 |
|
Manchester |
23.9 |
554400 |
14083 |
17442 |
|
Preston |
24.6 |
99198 |
2316 |
2889 |
|
Doncaster |
26.9 |
114900 |
2416 |
3067 |
|
Bedford |
1.9 |
92405 |
2172 |
2214 |
|
Stockport |
12.3 |
110000 |
2080 |
2336 |
|
Oldham |
3.3 |
105402 |
2114 |
2184 |
|
Salford |
20.4 |
116361 |
1928 |
2321 |
|
Milton Keynes |
14.8 |
184105 |
3021 |
3469 |
|
Bolton |
21.6 |
202369 |
3090 |
3756 |
|
St Albans |
28.1 |
86961 |
1311 |
1597 |
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