Recent research from Duport.co.uk shows there was a rise in company closures in Wirral during 2013, with 597 companies closing over the course of the year.
2013 saw a surge in company formations in Swansea, according to a new economic report from Duport.co.uk.
Derby smashed its own record for company formation during 2013, according to the latest Duport Business Confidence Report for the area.
Croydon is the best performing area in the country for young entrepreneurship, according to new figures released by Duport.co.uk.
Of the 2310 directors appointed in the past year in Croydon, 10% were under the age of 25, compared to a UK average of only 6%.
Managing Director of Duport.co.uk, Peter Valaitis said: “Clearly Croydon is a hot spot for young entrepreneurs. There are many schemes and initiatives in place to support aspiring business people in this area, and this is an attitude the rest of the UK can benefit from. The data about the evolving profile of company directors in this area will be very welcome news for those working hard on these projects”.
A total of 230 directors under the age of 25 were appointed in Croydon over the past year, and the area has the highest proportion of young entrepreneurs in the UK.