Good News for Harrow with Record Number of New Companies

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Research by leading company formation agents Duport.co.uk has shown a record number of new companies in Harrow during the first six months of the year.

St. Mary's Church, Harrow

New companies forming in the area may well be able to capitalise on the success of a revamped town centre, and in turn, bring more wealth to Harrow.

Harrow: Harrow has seen a record number of new companies being formed during the first half of 2012. There have been 1492 business start-ups, smashing all previous records for the same time period and easily beating 2011’s half year total of 1335.

This record-breaking figure is not the only good news for Harrow. The main pedestrianised shopping arcade is set for a £1million revamp, with £735,000 set aside to update St. Ann’s Walk, home to the town’s two shopping centres. The idea is to create an up-to-date “café culture” and free up space for more stalls, performance spaces and play areas for children.

The town will also benefit from a further £182,000, granted Mayor of London’s Outer London Fund to create pedestrian links, improve vehicle access and refurbish shop frontages on the street.

Councillor Keith Ferry, portfolio holder for planning and regeneration, said:

“We are committed to developing the economic heart of Harrow and putting the borough on the map. Economic growth and fresh investment will be encouraged and breathe a fresh lease of life to the town centre.”

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

“The investment that is being poured into Harrow at the moment should work wonders for the town’s economy. New companies forming in the area may well be able to capitalise on the success of a revamped town centre, and in turn, bring more wealth to Harrow.”

Harrow looks to be on the brink of an exciting transformation which new companies in the area should both enhance and benefit from.

Duport Associates Ltd 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