Statistics of companies in UK

Companies population in West Midlands

Number of companies in region West Midlands is 736,409, which is 7.9% of all 9,285,011 companies in UK. West Midlands is ranked 5th 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 West Midlands

The region with the highest number of companies - 409,583 is West Midlands. Herefordshire has the lowest number of companies - 23,590. The top three most frequently registered business activities are Wholesale, retail - 13.7%, Administrative - 12.4% and Science - 11.7%.

Number of companies by county 736,409 companies with data in West Midlands

West Midlands
409,583
55.6%
Staffordshire
101,988
13.8%
Worcestershire
85,539
11.6%
Warwickshire
70,440
9.6%
Shropshire
45,269
6.1%
Herefordshire
23,590
3.2%

Business activity overview 701,954 companies with data in West Midlands

Wholesale, retail
100,611
13.7%
Administrative
91,209
12.4%
Science
86,083
11.7%
Construction
66,422
9.0%
Service
52,667
7.2%
Transportation
48,308
6.6%
Real Estate
47,741
6.5%
ICT
46,369
6.3%
Accommodation
41,358
5.6%
Manufacturing
39,075
5.3%
Health
36,970
5.0%
Dormant
23,085
3.1%
Financial
18,108
2.5%
Arts
16,297
2.2%
Education
15,915
2.2%
Home
8,471
1.2%
Agriculture
4,181
0.6%
Water
2,811
0.4%
Public
1,902
0.3%
Energy
1,481
0.2%
Mining
610
0.1%
Extraterritorial
176
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 - 7.0%, Other service activities n.e.c. - 5.2% and Other letting and operating of own or leased real estate - 4.2%.

Distribution of companies by SIC CODE 701,954 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 7,572 in in March 2021. There are usually fewer dissolved companies than incorporated, the highest number recorded being for January 2021 - 9,519 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 January 2023, there were 3,615 companies with at least one PCS from Germany. Other popular countries are China, Pakistan and United States.

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 May 2021 - 1.97%. 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