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new company numbers peak in business-friendly Harrow

October 2012

It's been a record-breaking year so far in Harrow. The January to June period saw more new company formations than any other half year on record for the area, and the second quarter also yielded a record-breaking number of new companies.

The local council's "Enterprising Harrow" strategy started in 2007 and is set to run until 2016. The strategy aims to make Harrow more business-friendly and states that Harrow's "future depends on the healthy flow and growth of a relatively large number of new and small businesses."

Initiatives put in place by Harrow Council have helped provide new businesses with the technical support, supply chain development and market information that they need to grow. Action has also been taken to tackle skills shortages and promote local business to local people.

"The record number of companies seen during the first half of the year suggests that the council's plans are working, and new business is flocking to Harrow," said Managing Director of Duport.co.uk, Peter Valaitis.

"With such positive statistics for the first half of the year, Harrow should see a strong finish to 2012."

The Duport Business Confidence Report for Harrow provides a valuable overview of the local economy, with statistics on everything from net company growth to company naming trends.

Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.

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