Last June, Companies House has released its annual companies register activities’ report for 2017/18
The official document includes some interesting figures about the current population of registered companies in the UK.
Not surprisingly, it presents a mix of trends both affected by the economical spike we’ve experienced since 2010 and the ecopolitical turbulences we’ve seen throughout 2017/18.
As for the current state of the economy and the day-to-day implications on local businesses, well… compared with 2016/17 the report shows a slowdown of companies being incorporated. However, let’s not forget that this is still a positive growth rate which most likely serves as a resilience sign for the UK economy.
To put it in simple words, the market potential has remained strong and it is also being recognised by local and overseas companies.
View the full details below.