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Llandudno in Wales is the Start-Up Capital of the UK

Feb 15, 2022
  • New research using Companies House data has revealed where most new businesses were formed in 2021 per capita, with Llandudno ranking first, above Redhill and Tunbridge Wells
  • The study, conducted by ºÚÁϳԹÏÍø Business also found that despite the challenges of 2021, more start-ups were founded than during pre-pandemic 2019 (718,441 businesses vs. 691,127)
  • Retail is the fastest growing sector in the UK, with 119,948 new retail businesses formed through 2021, followed by professional services and real estate 


New analysis of Companies House data by has revealed that Llandudno in Wales is the start-up capital of the UK, with more businesses formed in the Welsh coastal town per capita, than anywhere else during 2021.

The report, that looked at every business formed in the UK during 2021, helps to show that despite another challenging year, the entrepreneurial spirit of the UK is alive and well, with more businesses founded per month in 2021 than in 2020, or even during pre-pandemic 2019.


With an average of 13% more new businesses founded each month in 2021 vs. 2019, the analysis pinpointed which areas of the UK were the most entrepreneurial, by calculating the number of new businesses formed in each location while factoring in population size. The research shows that big business doesn’t just start in the city, the humble Welsh town of Llandudno took the top spot, while Surrey’s Redhill and Tunbridge Wells in Kent followed.


Cheshire also stands out as being the most entrepreneurial county in the UK, with Chester, Stockport and Warrington all featuring in the top 20.


The 20 Areas That Saw the Most New Businesses Founded in 2021

Rank Location Businesses Founded (Per 100 People)
1 Llandudno, North Wales 16.2
2 Redhill, Surrey 11.6
3 Tunbridge Wells, Kent 10.8
4 Truro, Cornwall 7.8
5 Motherwell, North Lanarkshire 7
6 Guildford, Surrey 6.4
7 Walsall, West Midlands 6.1
8 Chester, Cheshire 5.9
9 Canterbury, Kent 5.8
10 Chelmsford, Essex 5.8
11 Dudley, West Midlands 5.6
12 Dorchester, Dorset 5.2
13 Stockport, Cheshire 5.1
14 Hemel Hempstead, Hertfordshire 4.7
15 Doncaster, South Yorkshire 4.6
16 Hereford, Herefordshire 4
17 Peterborough, Cambridgeshire 3.8
18 Stevenage, Hertfordshire 3.7
19 Falkirk, Scottish Central Lowlands 3.6
20 Warrington, Cheshire 3.6

Of the impressive 718,441 UK businesses that were founded up to and including November 2021, Retail was the industry that saw the biggest boom, with 119,948 start-ups registered within the sector, accounting for 16% of all new business ventures. This was closely followed by businesses offering Professional Services and Real Estate companies.



The 10 Fastest Growing Sectors in 2021

Rank Sector Businesses Founded in 2021
1 Retail 119,948
2 Professional Services 116,669
3 Real Estate 109,570
4 Commercial Services 67,858
5 Hospitality 64,404
6 Construction 61,035
7 Wholesale 45,578
8 Information and Communication 37,175
9 Manufacturing 36,538
10 Health and Social Work 36,753

Claire Miles, Chief Executive Officer of ºÚÁϳԹÏÍø commented: With the challenges of the last two years, we might expect to find that fewer people were deciding to take the leap into the world of starting their own business. However, the data clearly shows that it has potentially inspired more people to take ownership of what they do for a living and finally make the dream of running their own business come true.


With the background of the pandemic and numerous economic and supply chain challenges, it’s really encouraging to see that the entrepreneurial spirit of the UK is continuing to grow year on year. We look forward to working with some of these new business owners in 2022, to help make their venture a success”.


ºÚÁϳԹÏÍø’s extensive research also revealed where budding entrepreneurs could find the biggest opportunities for certain business types. This was achieved by analysing Google search demand for the likes of ‘London accountants’ versus the actual number of businesses offering the particular service in each area. Revealing that demand for businesses such as hairdressers in Oxford far outweighs the supply and therefore could present an opportunity for any stylists looking to go it alone.


Further breakdowns of these findings can be found in the full report published on:


ENDS


Notes to editors


Methodology


ºÚÁϳԹÏÍø Business used data from Companies House that detailed the businesses formed from the 1st January 2021 to the 30th November 2021. The number of businesses formed within each UK postcode was then calculated against each area’s population size to give a fair ranking of where most new businesses were formed in 2021. Companies House data detailing the businesses formed in 2019 and 2020 was also used.


Data from Google Keyword Planner was then used to find the search volume for specific location-based business searches and divided by the number of businesses listed on Google for offering that service to the local area. All data correct as of January 2022. 

About ºÚÁϳԹÏÍø

ºÚÁϳԹÏÍø Ltd exists to connect businesses and consumers via its leading marketplace for local services and offering managed digital marketing helping businesses to find, connect and sell to consumers online. ºÚÁϳԹÏÍø Ltd is a proud Google Premier Partner, Microsoft Advertising Elite Channel Partner, and Meta Business Partner.


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03 Oct, 2024
Research by driving experts at ºÚÁϳԹÏÍø has revealed that Leeds and Belfast are officially the best cities to be a learner driver. With driving lessons averaging at £33 per hour in Leeds, this city makes an affordable choice for most learner drivers at 13% less than the national average of £38. Belfast is 3% above the average of £38, but learner drivers benefit from short wait times of 10 weeks. Demand for driving lessons is at an all-time high as the backlog from the pandemic continues. Until driving test capacity increases, the backlog is expected to only get worse, with high-demand areas having seemingly no end in sight. In 2024, there are an estimated 3,712,728 learner drivers in the UK competing for driving test slots, but the Driving Vehicle Standards Agency (DVSA) can only accommodate 2,042,976 of them. This means that demand for driving tests is expected to exceed capacity by 82%. This pressure only continues as data from the DVLA shows that , from January to March 2024 (Quarter 4), 666,000 car theory tests were conducted in Great Britain, an increase of 12% from January to March 2023 (Quarter 4). Equally, from January to March 2024 (Quarter 4), 561,000 car practical tests were conducted in Great Britain, an increase of 25% from January to March 2023 (Quarter 4). The delays in booking tests and the ongoing backlog are causing major frustrations for both drivers and instructors. Learners are having to take more lessons to make up for the additional waiting time and instructors are unable to take on more drivers due to the backlog. According to a survey from car insurance provider Marmalade , 77% of learners have cited that the extra cost of more lessons has been their biggest frustration. DVSA says that learners will need an average of 45 lessons to pass a test , working out around £1,710 per student. However, with wait times for tests now at an all-time high at an average of 21 weeks across the country , driving instructors and their students are in a crisis. Learners across the country are facing a postcode lottery when it comes to waiting for a driving test slot, and most centres are seeing over double the wait times of pre-pandemic levels, which saw an average of only 6 weeks. Leeds and Belfast revealed as the best cities for learner drivers in the UK Taking into account the average cost of driving lessons in each city, the average wait times and driving test search demand, ºÚÁϳԹÏÍø has created a list of the best cities to be a learner driver in 2024. It’s revealed that Leeds and Belfast are officially the best cities to be a learner driver. With driving lessons averaging at £33 per hour in Leeds, this city makes an affordable choice for most learner drivers at 13% less than the national average. While driving test wait times are still relatively high at 20 weeks, this is one week less than the national average, and search demand in the city is slightly less than the national average, seeing 1,700 searches each month. Belfast averages £39 for driving lessons, which is 3% more than average, however drivers benefit from short test wait times at only 10 weeks. Belfast also has a smaller search demand of 1,400 searches each month for “driving lessons Belfast”. London is ranked as the worst place for learner drivers. The average driving lesson costs are second highest in the country at £41 per hour, 8% over the national average. London has the second highest wait times at 23 weeks, which is mirrored in its monthly search demand, which is the highest in the UK with over 2,800 searches for “driving lessons London” each month.
27 Aug, 2024
New research by driving experts at ºÚÁϳԹÏÍø has revealed the UK’s top 10 speed camera hotspots and which regions are catching drivers out this summer. Looking at police records from every county across the UK between the periods of July 2023 and August 2023, the experts at ºÚÁϳԹÏÍø have revealed that Surrey takes the top spot for the most speeding violations in the UK with 22,811 between July and August 2023. In 2023, 203,801 people were found guilty of a speed limit offence - this is a decrease of 8% when compared to the previous year, but an increase of 85% since 2011. Across the UK, there are now around 7000 cameras on the road networks, catching drivers out across the country - from speeding violations to using a phone whilst driving, or parking illegally. Below, the driving experts at ºÚÁϳԹÏÍø have identified the top ten speed camera capitals in Britain: Top 10 UK regions with the highest number of speeding offences The UK’s number one speeding hotspot in the UK is Surrey with 22,811 speeding violations between July-August 2023 . Within Surrey, the speed camera hotspot that has been catching the most drivers on the road is the M25/M3 Junction. The location coming in second for the most speeding violations is West Mercia. West Mercia saw 21,266 speeding violations in the period of July-August 2023, with the M5 J8 SB speed camera catching the most speeding violations. The location coming in third highest for speeding violations is Nottinghamshire, with 16,400 violations being caught. The M1 North Bound between Junction 26 and 27, Notts has been identified as the location that catches the most speeding violations in Nottinghamshire between July-August 2023.
01 Jul, 2024
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