Statistics of companies in UK

Companies population in Wales

Number of companies in region Wales is 334,760, which is 3.3% of all 10,273,724 companies in UK. Wales is ranked 10th among 12 regions in the number of companies. Last update of company data was on 29/02/2024.

Companies location and business activity breakdown in Wales

The region with the highest number of companies - 114,190 is Cardiff. Blaenau Gwent has the lowest number of companies - 3,621. The top three most frequently registered business activities are Wholesale, retail - 17.2%, Science - 12.8% and Construction - 10.8%.

Number of companies by county 334,760 companies with data in Wales

Cardiff
114,190
34.1%
Swansea
24,783
7.4%
Rhondda Cynon Taff
18,269
5.5%
Newport
17,620
5.3%
Flintshire
16,899
5.0%
Carmarthenshire
13,185
3.9%
Bridgend
12,557
3.8%
The Vale of Glamorgan
11,284
3.4%
Pembrokeshire
10,835
3.2%
Caerphilly
10,499
3.1%
Wrexham
9,985
3.0%
Powys
9,664
2.9%
Monmouthshire
9,497
2.8%
Denbighshire
9,240
2.8%
Neath Port Talbot
8,065
2.4%
Conwy
8,002
2.4%
Gwynedd
7,661
2.3%
Torfaen
6,279
1.9%
Ceredigion
4,818
1.4%
Merthyr Tydfil
3,996
1.2%
Isle of Anglesey
3,811
1.1%
Blaenau Gwent
3,621
1.1%

Business activity overview 322,632 companies with data in Wales

Wholesale, retail
57,474
17.2%
Science
42,792
12.8%
Construction
36,052
10.8%
Administrative
32,798
9.8%
ICT
24,783
7.4%
Accommodation
22,226
6.6%
Real Estate
19,673
5.9%
Manufacturing
18,736
5.6%
Service
17,499
5.2%
Transportation
14,196
4.2%
Health
12,420
3.7%
Financial
10,132
3.0%
Arts
10,131
3.0%
Dormant
9,847
2.9%
Education
7,062
2.1%
Home
3,584
1.1%
Agriculture
3,527
1.1%
Water
1,554
0.5%
Energy
1,272
0.4%
Public
837
0.3%
Mining
655
0.2%
Extraterritorial
141
0.0%

Industrial classification of companies in Wales

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 - 5.0%, Retail sale via mail order houses or via Internet - 4.7% and Other letting and operating of own or leased real estate - 3.8%.

Distribution of companies by SIC CODE 322,632 companies with data in Wales

Companies population incorporation and dissolution trend in Wales

The highest number of incorporated companies in any one month is 3,053 in in August 2022. There are usually fewer dissolved companies than incorporated, the highest number recorded being for March 2021 - 3,659 companies were dissolved.

Incorporation and dissolution of companies by month Wales

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Persons with significant control
in companies in Wales

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 Wales

The most popular country, as regards to PSC origin, is China. In February 2024, there were 2,225 companies with at least one PCS from China. Other popular countries are Pakistan, Morocco and United States.

Top 10 countries with local PSCs Wales

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

The highest proportion of companies with a foreign PSC to be incorporated in one month was in August 2022 - 11.73%. Since 2017 the number of dissolutions has exceeded the number of new incorporations. The highest proportion to be dissolved in one month was 15.04% was in October 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 Wales