Manchester has had the Most Businesses Created in the Past Two Years Than Any Other City After such many challenging years for businesses across the UK, Instant Offices has analysed Companies House data to work out which UK cities are fighting back with the strongest entrepreneurial spirit?
I
nstant Offices analysed the population to startup ratio across the country’s top cities to discover which locations saw the highest concentration of entrepreneurs in the last 12 months. The data revealed the top locations for entrepreneurs launching new ventures.
Type of Company
Manchester came out on top as the UK’s most entrepreneurial city, with a 23% increase in the number of businesses registered in 2021. This means one company was registered per every 31 people living in the city. Ecommerce and real estate businesses have seen the biggest boom in Manchester
Number Registered
Retail sale via mail order houses or via Internet
972
Buying and selling of own real estate
678
Other letting and operating of own or leased real estate
416
Other retail sale not in stores, stalls or markets
404
Take
385
Other business support service activities n.e.c.
338
Other service activities n.e.c.
336
Management consultancy activities other than financial management
285
Freight transport by road
269
Development of building projects
221
Full list of other cities are dominating their entrepreneurial growth: City
%Growth(YoY)
Population
Companies started in 2020
Companies started in 2021
554400
14083
17442
But what types of businesses are thriving in Manchester and how many have been started in the past year? Well, it looks like Ecommerce and Real Estate have taken the top spot.
Manchester
23.9
Preston
24.6
99198
2316
2889
Doncaster
26.9
114900
2416
3067
Bedford
1.9
92405
2172
2214
Stockport
12.3
110000
2080
2336
The widespread switch to remote working and online shopping fuelled a digital transformation in the UK. This has also given aspiring entrepreneurs the final push needed to start their own businesses from home.
Oldham
3.3
105402
2114
2184
Salford
20.4
116361
1928
2321
Milton Keynes
14.8
184105
3021
3469
Bolton
21.6
202369
3090
3756
St Albans
28.1
86961
1311
1597
106
LANCASHIRE & NORTH WEST MAGAZINE
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