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.
Newcastle upon Tyne experiences its best ever April for company formations according to the Register of Companies from Companies House.
With 191 new businesses formed in Newcastle in April 2012, the city has smashed its previous record of 162, set in April 2010 - an impressive 18% increase.
“Newcastle upon Tyne is a prime example of the North-East’s commitment to innovation and entrepreneurship,” stated Duport.co.uk Managing Director, Peter Valaitis, “it’s no wonder that the city is breaking records.”
With recent reports from North-East regional Shadow Monetary Policy Committee indicating that businesses in Newcastle are still struggling due to the double-dip recession, the record breaking number of formations in April 2012 couldn’t be more significant to the Newcastle’s economic prospects.
The new formation data was compiled and analysed by Duport.co.uk using the official Register of Companies from Companies House.