Basingstoke Enjoys Record Q2 for Company Formation

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Research by company formation agents, Duport.co.uk has shown that Basingstoke has had a record number of company formations in the second quarter of the year.

New companies are forming in Basingstoke

The record level of company formation in the last quarter proves Basingstoke has a sound economic base, and I’ve no doubt it will continue to grow and develop in years to come.

Basingstoke: Hampshire town, Basingstoke has experienced a record Q2 for number of company formations. There have been 202 business start-ups, beating the previous record of 196 set in Q2 of 2010.

Basingstoke began life as a market town, but expanded during the 1960’s when it was rapidly developed to accommodate part of the London “overspill”. The town is now an economic centre in its own right, hosting headquarters to many large organisations including the AA, GAME and ST Ericsson.

The borough’s population is predicted to grow from 157,000 to 177,000 over the next 20 years and the council have developed the “Central Basingstoke Vision” in order to adapt the town accordingly. The plan seeks to build on the popularity of the town centre as shopping location and promote a “day out experience” by enhancing its vitality, accessibility, character and appearance.

Managing Director of Duport.co.uk said:

“The record level of company formation in the last quarter proves Basingstoke has a sound economic base, and I’ve no doubt it will continue to grow and develop in years to come. The local council clearly have an eye on the future and are planning to keep the town moving in the right direction.”

With such positive signs of growth and a dynamic plan for the next 20 years, it’s no surprise that Basingstoke is becoming increasingly popular with business start-ups.

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