Record-breaking quarter for Eastleigh, says Duport

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New company formations reached a record level during the third quarter of the year in Eastleigh, according to figures in the latest Duport Business Confidence Report.

New businesses are flocking to Eastleigh

Eastleigh has many unique assets that have helped it recover from the effects of the recession more quickly than other areas

Eastleigh: The July - September period saw a record number of company formations in Eastleigh, with more new companies registered than any other third quarter on record for the town.

There were a total of 171 company formations during this period. Not only is this a record-breaking number, it also represents a 10% rise on the previous year’s figure.

Net company growth also rose during the third quarter of the year, from 39 in Q3 2011 to 64 in Q3 this year.

These positive statistics suggest a return to prosperity after the economic downturn. Eastleigh has always had a strong economy, thanks to the presence of major employers such as Fortis Insurance, B&Q and GE Aerospace. It is also home to Southampton International Airport and benefits from other major transport links, including the M27, M3, Port of Southampton and a rail link direct to London Waterloo.

Managing Director of, Peter Valaitis said:

“Eastleigh has many unique assets that have helped it recover from the effects of the recession more quickly than other areas.”

“The strong jobs market and excellent transport links will help pull in more and more businesses, which will, in turn, help protect the area from future economic shocks.”

The Duport Business Confidence Report for Eastleigh provides fascinating data on a range of economic indicators, helping to give an overview of the business landscape. More information can be found at

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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Tom Valaitis