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healthy increase in company formation for High Wycombe

September 2014

The first quarter of the year saw an increase in new companies being formed in High Wycombe, according to figures in a new report from Duport.co.uk.

Between January and March, there were 285 new companies registered in the area, representing a 6% rise on the previous year.

In further good news, company closures fell by 8%, leading to an overall rise in net company growth (the number of companies formed minus the number of companies dissolved) during the quarter.

In addition, the Duport report also highlights a rise in female company directors and company directors under the age of 25 throughout the three months.

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

"Our research has shown a number of very positive results for High Wycombe. The increase in company formations in particular suggests that entrepreneurial spirit is alive and well in the area."

The Duport Business Confidence Report for High Wycombe contains a variety of data to give an insight into the local economy. More information and statistics can be found at http://www.duport.co.uk/highwycombe.

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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