UK Business Activity 2011
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Transcript of UK Business Activity 2011
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05 October 2011
Office for National Statistics | 1
UK Business: Activity, Size and Location2011
Number of UK Businesses falls by 0.9% in the year to March 2011
Source: Office for National Statistics
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There were 2.08 million enterprises registered for VAT and/or PAYE in March 2011, compared with
2.10 million in March 2010, a fall of nearly 20,000 (0.9 per cent).
Between March 2010 and March 2011 there was a reduction in the number of sole proprietors and
partnerships, while corporate businesses increased by 0.6 per cent.
• Corporate businesses (companies and public corporations) represented 59.8 per cent of total
enterprises, up 0.9 percentage points from the 58.9 per cent seen in 2010
• Sole proprietors represented 23.3 per cent of total enterprises, down 0.5 percentage points from
23.8 per cent in 2010
• Partnerships represented 12.7 per cent of total enterprises, also down 0.5 percentage points
from 13.2 per cent in 2010
• General government and non-profit making bodies represented 4.2 per cent of total enterprises,
compared with 4.1 per cent in 2010
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05 October 2011
Office for National Statistics | 2
The professional, scientific and technical sector accounted for the largest number of businesses with
15.9 per cent of all enterprises registered. This was followed by construction with 12.6 per cent of all
enterprises registered, and retail with 9.0 per cent.
The distribution of enterprises by employment size band shows that 88.8 per cent had an
employment of less than 10, and 98.0 per cent had less than 50 employment. Large enterprises,those with 250 or greater employment, accounted for only 0.4 per cent of all enterprises.
Analysis by age of business shows that 14.7 per cent of businesses were under two years old, and
27.7 per cent were under four years old. A further 44.5 per cent of businesses were 10 or more
years old.
Between 2010 and 2011 all regions except London and Scotland saw a decrease in the number
of businesses with the West Midlands and Wales experiencing the greatest decrease of 2.2 per
cent each. The number of businesses in Scotland grew by 0.1 per cent. The number of businesses
in London increased by 0.9 per cent and was the region that accounted for the largest numberof businesses in March 2011, with 16.1 per cent. The regions with the next largest shares of
businesses were the South East and East regions at 15.8 per cent and 10.1 per cent respectively.
Background notes
1. Source: Inter Departmental Business Register (IDBR), Office for National Statistics
2. The contact for this release is Carl Roberts email: [email protected], tel: +44 (0) 1633
455169
Supporting information
Further information
About the IDBR
Information on the data and users of the Inter-Departmental Business Register
Standard Analysis from the IDBRDetails of access to Standard Analysis outputs