Scottish Company Formations 2024: State of Business

Last updated: 22 hours ago

39,993
New companies in 2024
Year-on-year change
2024: 39,993 vs 2023: 40,730
−1.8% YoY
Monthly average
3,333

Monthly Breakdown

Month New Companies % of Year Total
January 3,707 9.3%
February 3,921 9.8%
March 4,015 10.0%
April 4,043 10.1%
May 3,285 8.2%
June 2,778 6.9%
July 3,148 7.9%
August 3,254 8.1%
September 3,138 7.8%
October 3,288 8.2%
November 2,992 7.5%
December 2,424 6.1%

Top 10 Industries

Source: Companies House, via Signalyst. Industries based on SIC codes.

Industry New Companies
Other letting and operating of own or leased real estate 3,280
Retail sale via mail order houses or via Internet 2,256
Buying and selling of own real estate 1,894
Take-away food shops and mobile food stands 1,816
Management consultancy activities other than financial management 1,543
Other business support service activities n.e.c. 1,129
Hairdressing and other beauty treatment 1,037
Other service activities n.e.c. 956
Information technology consultancy activities 823
Unlicensed restaurants and cafes 820

Top 10 Postcode Districts

Postcode District New Companies Council Area
G2 1,825 Glasgow & Clyde Valley
EH7 1,182 Edinburgh & Lothians
G3 1,144 Glasgow & Clyde Valley
EH2 1,053 Edinburgh & Lothians
EH3 849 Edinburgh & Lothians
EH6 715 Edinburgh & Lothians
ML3 533 Lanarkshire
G41 505 Glasgow & Clyde Valley
ML1 499 Lanarkshire
G1 481 Glasgow & Clyde Valley

Data sourced from Companies House. Reproduced under the Open Government Licence v3.0.