Worcestershire maintains a growing trend registering a record high number of new businesses

Worcestershire saw almost 7000 companies formed in 2020. Despite everything that happened during the year, it still saw 3.1% more companies than 2019.

A total of 6,955 new businesses were formed in Worcestershire during 2020 – a positive response across the county as numbers of dissolutions dipped and incorporation numbers grew.

District breakdown:

  • Wyre Forest: 3,011 formed
  • Wychavon: 969 formed
  • Worcester: 907 formed
  • Redditch: 822 formed
  • Bromsgrove: 752 formed
  • Malvern Hills: 491 formed

The statistics are taken from the Inform Direct Review of Company Formations using data from Companies House and the Office for National Statistics.

Herefordshire also hit a record high for new company formations in 2020, take a look at the statistics for Herefordshire here.