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company formation on the up in regenerated Stafford

September 2014

The latest Duport Business Confidence Report for Stafford shows increased company formation during the first three months of this year.

Between January and March, there were 154 new companies registered in Stafford, representing a 6% rise on same period last year and beating all previous quarters on record for the area.

The rise in formations could be linked to a variety of regeneration works that are currently going on in the area. Recently completed projects are new council offices, a new leisure centre and a redeveloped college. Next in the pipeline is a £70 million, 18-unit retail development of over 190,000 sq ft to complement and strengthen the town centre economy and create new business and hundreds of new jobs in the town.

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

"The regeneration of Stafford is clearly encouraging business confidence, which should help the local economy gain momentum in the coming months and years."

The Duport Business Confidence Report for Stafford 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/stafford.

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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