Blackpool sets towering new record for company formations

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Blackpool has shattered its record for new company formations by 19% in May 2012, according to figures released by

Blackpool business

It looks as though entrepreneurship in Blackpool is now higher than it was before the credit crunch began.

Blackpool has set a new record for May company formations, breaking a previous record of 130, set before the recession in May 2007.

Formations experts have found that 155 new companies were formed in Blackpool in May 2012, shattering the record that has held for 5 years. The figures were collated from the official Register of companies at Companies House.

“Blackpool has smashed a formations record that has stood for 5 years with these May figures,” stated’s Managing Director Peter Valaitis, “this is remarkable news for the town, and it looks as though entrepreneurship in Blackpool is now higher than it was before the credit crunch began.”

Blackpool has always been a tourist hotspot, and with more families looking to stay in the UK this summer instead of the added expense of holidaying abroad, Blackpool is in a great position to benefit from an influx of visitors.

But Blackpool’s famous pier, tower and pleasure beach are not the only attractions to bring in tourists this summer, as the new Blackpool Tower Headland Outdoor Arena looks set to become a popular venue for big names in music, such as Elton John.

Sport is also boosting Blackpool’s popularity in 2012 with golf’s Open Championship being held just down the road at Royal Lytham & St Anne’s Golf Club. This prestigious tournament will encourage many tourists to the area in July 2012.

Blackpool’s new record for company formations shows the town is looking forward to a successful summer for the local economy and local businesses. is a leading UK company formation agent, operating in the UK for around 15 years. Duport registers around 10,000 new companies each year using its Companies House approved software. The Company Register which is maintained by Companies House contains public information about Limited companies and directors.

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Tom Valaitis