Swansea businesses have grown 30% in past two years according to new study

After such many challenging years for businesses across the UK, Instant Offices has analysed Companies House data to work out which UK cities are fighting back with the strongest entrepreneurial spirit.

Instant Offices analysed the population to startup ratio across the country’s top cities to discover which locations saw the highest concentration of entrepreneurs in the last 12 months. The data revealed the top locations for entrepreneurs launching new ventures.

Swansea came out at near the top of the list for business growth in the past two years, with a 30% increase.

But what types of businesses are thriving in Swansea and how many have been started in the past year?

Well, it looks like Buying and selling of real estate has taken the top spot. That’s followed by business support services and then food outlets

Type of Company	Number Registered
Buying and selling of own real estate	79
Other business support service activities n.e.c.	68
Take aways, food shops and mobile food stands	64
Other letting and operating of own or leased real estate	61
Retail sale via mail order houses or via Internet	50
Freight transport by road	37
Other human health activities	36
Other service activities n.e.c.	34
Development of building projects	32
Construction of domestic buildings	24

Swansea comes in 10th UK-wide in the research, but which other cities are dominating their entrepreneurial growth? You can see the full list below:

City	%Growth(YoY)	Population	Companies started in 2020	Companies started in 2021
Wolverhampton	129.2	218255	1157	2652
Weston-super-mare	112.2	87983	621	1318
St Helens	56.8	104641	681	1068
Stoke-on-Trent	45.9	277051	1576	2300
Poole	44.5	158762	1998	2888
Blaxckburn	41	119707	1169	1648
Worcester	34.8	103769	1079	1455
Cambridge	31.4	149023	1268	1666
Sunderland	30.4	175031	865	1128
Swansea	30.1	184436	1124	1462