With a rising number of company formations and a falling number of company closures, Stanmore is becoming a great place for business start ups to locate
Stanmore, Greater London (PRWEB UK) 9 February 2013
The Duport Business Confidence Report for Q3 in Stanmore suggests the economy of the area is doing well, despite tough economic conditions.
The report shows that there was a 9% rise in company formation during the third quarter of 2012. There was also a slight drop in company closures during this period, leading to an overall rise in net company growth.
The third quarter also saw a rise in the UK company share of Stanmore. However, there was fall in the percentage of young director appointments and female director appointments.
Managing Director of Duport.co.uk, Peter Valaitis commented:
“It is great to see a growing number of people in Stanmore are forming their own companies.”
“With a rising number of company formations and a falling number of company closures, Stanmore is becoming a great place for business start ups to locate.”
The Duport Business Confidence Report for Stanmore provides up-to-date economic data that provides an insight into the local economy. More information and statistics can be found at http://www.duport.co.uk/stanmore.
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.