Scottish Company Formations 2024: State of Business

Last updated: 19 hours ago

39,986
New companies in 2024
Year-on-year change
2024: 39,986 vs 2023: 40,731
−1.8% YoY
Monthly average
3,332

Monthly Breakdown

Month New Companies % of Year Total
January 3,707 9.3%
February 3,921 9.8%
March 4,016 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 2,984 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 3,276
Retail sale via mail order houses or via Internet 2,254
Buying and selling of own real estate 1,889
Take-away food shops and mobile food stands 1,816
Management consultancy activities other than financial management 1,542
Other business support service activities n.e.c. 1,128
Hairdressing and other beauty treatment 1,037
Other service activities n.e.c. 957
Unlicensed restaurants and cafes 822
Information technology consultancy activities 822

Top 10 Postcode Districts

Postcode District New Companies Council Area
G2 1,823 Glasgow & Clyde Valley
EH7 1,171 Edinburgh & Lothians
G3 1,145 Glasgow & Clyde Valley
EH2 1,055 Edinburgh & Lothians
EH3 849 Edinburgh & Lothians
EH6 712 Edinburgh & Lothians
ML3 534 Lanarkshire
G41 505 Glasgow & Clyde Valley
ML1 500 Lanarkshire
G1 484 Glasgow & Clyde Valley

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