Company registrations in Buckinghamshire were almost unchanged compared to the 1,288 registrations in the same period last year, but fell 4.9 per cent compared to the previous quarter.

Only six of the 38 Local Enterprise Partnerships bettered England’s rate of new company registrations in the last quarter, with Buckinghamshire ranking 10th with 30.2 registrations for every 10,000 residents aged 16 or over.  Buckinghamshire ranked 4th among county council areas behind Warwickshire (45.4), Hertfordshire (41.0) and Northamptonshire (35.7).

South Bucks recorded Buckinghamshire’s highest new registration rate with 51.4 registrations per 10,000 residents aged 16 or over, to rank 27th among the 380 local authority districts in Great Britain and 14th outside London.  No other Buckinghamshire district bettered the national rate, with Chiltern the next highest ranked (31.3, 87th), ahead of Wycombe (30.1, 93rd) and Aylesbury Vale (22.1, 175th).

Table 1: Business registration rates, Q2 2018

Sources: Companies House, 2018; MYPE, ONS, 2018

Management consultancies other than financial management were the most commonly registered businesses in Buckinghamshire in the last quarter, with 95 registrations accounting for 7.4 per cent of the total.  Other common business activities included other service activities (66, 5.1), information technology consultancy activities (61, 4.7), other business support activities (50, 3.9), the letting or operation of own or leased real estate (42, 3.3), the development of building projects (38, 3.0), and the buying and selling of own real estate (34, 2.6).

The geography of new company registration is presented in the map at the end of this bulletin.

Table 2: Local authorities’ business registrations per 10,000 residents (16+), Q2 2018

Sources: Companies House, 2018; MYPE, ONS, 2018

Table 3: New business registrations for every 10,000 residents (16+) by LEP, Q2 2018

Sources: Companies House, 2018; MYPE, ONS, 2018