Statistics of companies in UK

Companies population in West Midlands

Number of companies in region West Midlands is 821,895, which is 8.0% of all 10,273,724 companies in UK. West Midlands is ranked 5th 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 West Midlands

The region with the highest number of companies - 464,982 is West Midlands. Herefordshire has the lowest number of companies - 25,118. The top three most frequently registered business activities are Wholesale, retail - 14.9%, Administrative - 12.6% and Science - 11.4%.

Number of companies by county 821,895 companies with data in West Midlands

West Midlands
464,982
56.6%
Staffordshire
111,938
13.6%
Worcestershire
93,920
11.4%
Warwickshire
76,091
9.3%
Shropshire
49,846
6.1%
Herefordshire
25,118
3.1%

Business activity overview 787,305 companies with data in West Midlands

Wholesale, retail
122,741
14.9%
Administrative
103,512
12.6%
Science
93,598
11.4%
Construction
74,749
9.1%
Service
56,769
6.9%
Real Estate
54,920
6.7%
Transportation
53,928
6.6%
ICT
51,613
6.3%
Accommodation
47,719
5.8%
Manufacturing
43,260
5.3%
Health
41,590
5.1%
Dormant
24,466
3.0%
Financial
20,496
2.5%
Arts
18,120
2.2%
Education
17,931
2.2%
Home
9,088
1.1%
Agriculture
4,587
0.6%
Water
3,042
0.4%
Public
2,333
0.3%
Energy
1,639
0.2%
Mining
764
0.1%
Extraterritorial
194
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 - 6.7%, Other service activities n.e.c. - 4.9% and Other letting and operating of own or leased real estate - 4.3%.

Distribution of companies by SIC CODE 787,305 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 7,483 in in March 2021. There are usually fewer dissolved companies than incorporated, the highest number recorded being for January 2021 - 9,517 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 February 2024, there were 4,029 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 December 2023 - 3.75%. 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