UK Business Activity 2011

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05 October 2011 Office for National Statistics | 1 UK Business: Activity, Size and Location 2011 Number of UK Businesses falls by 0.9% in the year to March 2011 Source: Office for National Statistics Download chart XLS format (22.5 Kb) 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. Corpo rate busines ses (c ompa nies a nd pub lic co rpora tions ) repre sented 59.8 per ce nt of to tal enterprises, up 0.9 percentage points from the 58.9 per cent seen in 2010 Sole p roprie tors re prese nted 2 3.3 pe r cent o f total e nterp rises , down 0 .5 perc entag e poin ts from 23.8 per cent in 2010 Partn ershi ps rep resen ted 1 2.7 pe r cent of tota l ente rprise s, als o dow n 0.5 perce ntage point s from 13.2 per cent in 2010 General government and non-pro fit mak ing bo dies re presented 4.2 per cent of total enterprises, compared with 4.1 per cent in 2010

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

Download chart

XLS format

(22.5 Kb)

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