1、1.Business and Venture Creation in the UK New Startup Index 2024ContentsContents05.Quarterly incorporations06.Regional incorporation analysis08.Sectoral incorporation analysis07.Local authority incorporation analysis09.Sector spotlight12.Founding director gender14.Sole director companies13.All-femal
2、e founding directors15.Methodology16.About us01.Foreword02.Executive summary04.Annual incorporations03.Summary of active companies01.Its a testament to the resilience of the UKs business owners and their entrepreneurial spirit that at the end of 2024 the number of active companies operating in the U
3、K stood at a record high of 5.63 million.This report by NatWest and Beauhurst shows that entrepreneurs are still starting lots of new businesses,with 846,000 new limited companies joining the UKs corporate register over the course of last year.NatWest,as the UKs biggest business bank,has a key role
4、to play in unlocking business owners potential.Through our national network of relationship managers and our suite of top quality digital tools,we enable our customers to access great business banking,and get the support and guidance they need no matter what business environment they find themselves
5、 in.In terms of the numbers,historically,the rate of new business incorporations typically peaks in the first quarter and gradually falls as the year progresses.This pattern continued in 2024,although the decline over subsequent quarters was more pronounced than usual.This could be attributed to bus
6、inesses facing greater headwinds,but also to changes at Companies House designed to improve the accuracy and integrity of the register.What it does show is that there is still more to be done to give ambitious business owners the confidence and tools to start and grow their businesses.This year we w