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company formations continue to rise in Eastleigh

May 2014

Company formation numbers hit a record high in Eastleigh last year, according to new figures released by Duport.co.uk.

A report from the company formation specialists shows there were 682 new companies formed over the course of the year - more than any other year on record for the area and a 2% rise on the previous year.

The report also shows that company formation numbers have been rising for the past five years, after dipping significantly during the financial crash of 2008.

Managing Director of Duport.co.uk, Peter Valaitis commented:

"The record number of company formations suggests business confidence is Eastleigh is on the up, which is a fantastic sign for the local economy. The fact that company formation numbers have been rising for the past five years suggests a certain level of resilience amongst the local business community, which can only be a good sign for the area."

The Duport Business Confidence Report for Eastleigh provides a range of data to give an insight into the local economy and trading conditions. More information and statistics can be found at http://www.duport.co.uk/eastleigh.

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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