North Yorkshire has hit a record high in business registrations, with 67,293 companies now operating in the region, up from 65,895 at the end of 2023. Over the past year, 8,830 new businesses were established across the county, including significant growth in cities like York and Middlesbrough. This data comes from the Inform Direct Review of Company Formations, using information from Companies House and the Office for National Statistics.
The national trend reflects similar growth, with the UK’s total number of companies rising to 5,637,210 from 5,476,772 in 2023, fueled by 848,192 new formations and 690,501 dissolutions during the year.
