Statistics of companies in UK

Companies population in London

Number of companies in region London is 2,721,465, which is 29.3% of all 9,285,011 companies in UK. London is ranked 1st among 12 regions in the number of companies. Last update of company data was on 31/01/2023.

Companies location and business activity breakdown in London

The region with the highest number of companies - 2,624,338 is Greater London. City of London has the lowest number of companies - 97,127. The top three most frequently registered business activities are Science - 14.3%, Wholesale, retail - 13.9% and Administrative - 11.6%.

Number of companies by county 2,721,465 companies with data in London

Greater London
2,624,338
96.4%
City of London
97,127
3.6%

Business activity overview 2,536,324 companies with data in London

Science
388,664
14.3%
Wholesale, retail
378,722
13.9%
Administrative
315,234
11.6%
ICT
307,203
11.3%
Real Estate
213,157
7.8%
Construction
203,310
7.5%
Service
173,994
6.4%
Accommodation
121,667
4.5%
Financial
117,067
4.3%
Dormant
114,114
4.2%
Health
108,335
4.0%
Manufacturing
79,736
2.9%
Arts
75,641
2.8%
Education
63,394
2.3%
Transportation
62,950
2.3%
Home
42,579
1.6%
Energy
9,851
0.4%
Public
6,500
0.2%
Water
6,005
0.2%
Agriculture
5,802
0.2%
Mining
5,069
0.2%
Extraterritorial
1,829
0.1%

Industrial classification of companies in London

The Standard Industrial Classification code (SIC code) is a system of classifying industries in UK by business activities. Each company can operate under multiple SIC codes. The top three business activities for the whole of the UK are Other business support service - 7.3%, Management consultancy exl. financial - 5.3% and Other letting and operating of own or leased real estate - 4.6%.

Distribution of companies by SIC CODE 2,536,324 companies with data in London

Companies population incorporation and dissolution trend in London

The highest number of incorporated companies in any one month is 27,234 in in July 2020. There are usually fewer dissolved companies than incorporated, the highest number recorded being for March 2021 - 31,019 companies were dissolved.

Incorporation and dissolution of companies by month London

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Persons with significant control
in companies in London

Persons with Significant Control (PSC) have been registered in Companies House since April 2016. PSC have various functions, e.g. ownership of shares or voting rights. In this section we analyse companies with at least one Person with Significant Control from a foreign country.

Top countries with local PSCs in companies in London

The most popular country, as regards to PSC origin, is China. In January 2023, there were 16,905 companies with at least one PCS from China. Other popular countries are United States, Morocco and France.

Top 10 countries with local PSCs London

Percentage of companies with foreign PSCs being incorporated each month in the London

The highest proportion of companies with a foreign PSC to be incorporated in one month was in October 2021 - 9.64%. Since 2017 the number of dissolutions has exceeded the number of new incorporations. The highest proportion to be dissolved in one month was 16.30% was in November 2022. The low number of dissolutions in 2016 is the result of only a small number of companies registering their PSC in Company House in that year.

Percentage of companies with foreign persons (PSC) incorporated and dissolved each month London