Statistics of companies in UK

Companies population in West Midlands

Number of companies in region West Midlands is 576,894, which is 7.8% of all 7,419,786 companies in UK. West Midlands is ranked 5th among 12 regions in the number of companies. Last update of company data was on 30/09/2020.

Companies location and business activity breakdown in West Midlands

The region with the highest number of companies - 316,049 is West Midlands. Herefordshire has the lowest number of companies - 16,270. The top three most frequently registered business activities are Science - 12.5%, Administrative - 12.3% and Wholesale, retail - 11.8%.

Number of companies by county 576,894 companies with data in West Midlands

West Midlands
316,049
54.8%
Staffordshire
81,175
14.1%
Worcestershire
69,378
12.0%
Warwickshire
56,914
9.9%
Shropshire
37,108
6.4%
Herefordshire
16,270
2.8%

Business activity overview 542,882 companies with data in West Midlands

Science
71,987
12.5%
Administrative
71,155
12.3%
Wholesale, retail
68,100
11.8%
Construction
48,826
8.5%
Service
43,971
7.6%
ICT
37,010
6.4%
Real Estate
32,881
5.7%
Manufacturing
32,073
5.6%
Transportation
31,835
5.5%
Accommodation
29,765
5.2%
Health
28,270
4.9%
Dormant
20,779
3.6%
Financial
13,331
2.3%
Arts
12,796
2.2%
Education
12,212
2.1%
Home
7,091
1.2%
Agriculture
3,399
0.6%
Water
2,309
0.4%
Energy
1,232
0.2%
Public
1,204
0.2%
Mining
508
0.1%
Extraterritorial
150
0.0%

Industrial classification of companies in West Midlands

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 - 8.3%, Other service activities n.e.c. - 6.0% and Management consultancy exl. financial - 4.0%.

Distribution of companies by SIC CODE 542,882 companies with data in West Midlands

Companies population incorporation and dissolution trend in West Midlands

The highest number of incorporated companies in any one month is 6,991 in in March 2019. There are usually fewer dissolved companies than incorporated, the highest number recorded being for July 2018 - 5,613 companies were dissolved.

Incorporation and dissolution of companies by month West Midlands

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Persons with significant control
in companies in West Midlands

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 West Midlands

The most popular country, as regards to PSC origin, is Germany. In September 2020, there were 2,146 companies with at least one PCS from Germany. Other popular countries are China, United States and Norway.

Top 10 countries with local PSCs West Midlands

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

The highest proportion of companies with a foreign PSC to be incorporated in one month was in September 2016 - 1.45%. Since 2017 the number of dissolutions has exceeded the number of new incorporations. The highest proportion to be dissolved in one month was 10.96% was in November 2016. 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 West Midlands