13.22% higher business creation since February 2021

28,662 additional companies were registered in March 2021 relative to March 2019. The median daily registrations during lockdown-III is 31.73% higher than in lockdown-I, but almost the same as lockdown-II.

Highlights

1. Business creation increased 13.22% between February 2021 and March 2021.
2. Business creation increased 48.12% between March 2020 and March 2021.
3. The largest number of company registrations occurs in ‘Retail sale via mail order houses or via Internet’ sector.

We analyse Companies House “basic company data” up to the March 31st, 2021. New company registrations remain strong throughout the third lockdown with similar set up as last month (see report March 2021). There are particularly strong increases in online retail businesses, food and drink, household-related activities and renting recreational and sports goods businesses.

Read the report here.