Statistics of companies in UK
Companies population in Wales
Number of companies in region Wales is 308,530, which is 3.1% of all 9,811,485 companies in UK. Wales is ranked 10th among 12 regions in the number of companies. Last update of company data was on 31/08/2023.
Companies location and business activity breakdown in Wales
The region with the highest number of companies - 96,516 is Cardiff. Blaenau Gwent has the lowest number of companies - 3,460. The top three most frequently registered business activities are Wholesale, retail - 15.7%, Science - 13.0% and Construction - 11.0%.
Number of companies by county 308,530 companies with data in Wales
Business activity overview 296,474 companies with data in Wales
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 - 4.8%, Retail sale via mail order houses or via Internet - 4.0% and Other letting and operating of own or leased real estate - 3.8%.
Distribution of companies by SIC CODE 296,474 companies with data in Wales
Companies population incorporation and dissolution trend in Wales
The highest number of incorporated companies in any one month is 2,908 in in March 2022. There are usually fewer dissolved companies than incorporated, the highest number recorded being for March 2021 - 3,660 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 August 2023, there were 1,621 companies with at least one PCS from China. Other popular countries are Pakistan, Morocco and Germany.
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 - 10.88%. Since 2017 the number of dissolutions has exceeded the number of new incorporations. The highest proportion to be dissolved in one month was 15.03% 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.