Company formation peaks in Liverpool reports Duport

Company formation in Liverpool reached a peak during 2012, according to figures in the latest Duport Business Confidence Report.

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Liverpool waterfront

As investment continues to be poured into the city, it will continue to be an attractive place to set up a business.

Liverpool, Merseyside (PRWEB UK) 31 March 2013

Recent research by Duport.co.uk shows company formation reached a record high in Liverpool during 2012. There were 2976 new companies formed over the course of the year - more than any other year in the history of the city and a 6% increase on 2011.

Company closures also fell during this period, leading to a rise in net company growth, with the company register increasing by 1416 between January and December. This is the third year running in which net company growth has increased, after dropping minus 1153 in 2009.

Liverpool has one of the largest economies in the UK, with a thriving service industry and a healthy tourist trade. Recent years have seen heavy investment into making the city a business hub, which could be the reason for the growing number of companies choosing to set up there.

Managing Director of Duport, Peter Valaitis commented:

“Liverpool is a vibrant, exciting place with a thriving business community and a strong tourism industry. As investment continues to be poured into the city, it will continue to be an attractive place to set up a business.”

The Duport Business Confidence Report for Liverpool provides data and information that give a valuable insight into the local economy. More information and statistics can be found at http://www.duport.co.uk/liverpool.

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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