Number of companies In Devon passes 60,000 milestone for first time

News Desk
Authored by News Desk
Posted Monday, April 11, 2022 - 8:49pm

Latest figures show that Devon is home to more than 60,000 companies for the very first time – highlighting its popularity as a place to do business.

There are now 60,428 businesses registered in the county according to company secretarial software specialists Inform Direct, based on statistics from Companies House and the Office for National Statistics.

The milestone announcement follows Devon enjoying a record year for company formations during 2021, when it recorded 6,825 new businesses.

John Korchak, Director of Operations at Inform Direct said: “These latest figures show that Devon clearly provides a supportive environment for new ventures.

The key county drivers which encourage enterprise have resulted in a thriving business community and a growing and diverse economy.

“There’s a wide range of business accommodation, suitable for every stage, from work hubs for start-ups through to expanding business parks. Alongside Devon as a whole enjoying success, Exeter has also been highlighted as one of the fastest growing cities in the country.”

Inform Direct is a company secretarial and formation specialist. Its award-winning company secretarial and formations software currently supports more than 250,000 UK companies.






Share this