Statistics of companies in UK

Companies population in West Midlands

Number of companies in region West Midlands is 620,671, which is 7.9% of all 7,841,461 companies in UK. West Midlands is ranked 5th among 12 regions in the number of companies. Last update of company data was on 30/04/2021.

Companies location and business activity breakdown in West Midlands

The region with the highest number of companies - 341,589 is West Midlands. Herefordshire has the lowest number of companies - 18,397. The top three most frequently registered business activities are Wholesale, retail - 12.4%, Administrative - 12.2% and Science - 12.2%.

Number of companies by county 620,671 companies with data in West Midlands

West Midlands
341,589
55.0%
Staffordshire
87,559
14.1%
Worcestershire
74,378
12.0%
Warwickshire
59,628
9.6%
Shropshire
39,120
6.3%
Herefordshire
18,397
3.0%

Business activity overview 586,503 companies with data in West Midlands

Wholesale, retail
77,180
12.4%
Administrative
76,006
12.2%
Science
75,895
12.2%
Construction
54,158
8.7%
Service
46,405
7.5%
ICT
40,048
6.5%
Transportation
37,280
6.0%
Real Estate
37,168
6.0%
Manufacturing
33,885
5.5%
Accommodation
33,364
5.4%
Health
30,176
4.9%
Dormant
21,136
3.4%
Financial
14,621
2.4%
Arts
13,767
2.2%
Education
13,234
2.1%
Home
7,482
1.2%
Agriculture
3,598
0.6%
Water
2,469
0.4%
Public
1,451
0.2%
Energy
1,315
0.2%
Mining
526
0.1%
Extraterritorial
157
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 - 7.9%, Other service activities n.e.c. - 5.8% and Management consultancy exl. financial - 3.9%.

Distribution of companies by SIC CODE 586,503 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 7,635 in in March 2021. There are usually fewer dissolved companies than incorporated, the highest number recorded being for January 2021 - 9,539 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 November 2020, there were 2,255 companies with at least one PCS from Germany. Other popular countries are China, United States and France.

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