Regulated population statistics

Number of firms opening and closing November 2017

Statistics on the following page relate to firms with Recognised Sole Practitioner, Recognised Body or Licensed Body (also known as an Alternative Business Structure) status.

Over the 12 months to end of November 2017, 767 firms have opened, and in the 12 months to end of September 2017, 738 firms have closed. The following chart shows the number of firms that have opened or closed in each month. A peak in firm closures is seen around the renewals period each year.

Note that the closure figures have been updated to include all reasons for closure, such as, ceased practising, mergers, splits and change of status. Previous figures reported related only to firms that had ceased practising.  View a breakdown of closure reasons for the 12 month period to October 2017.

Number of firms opening and closing: November 2017

Note the number of firm openings and closures is reported with a delay. This is due to the time taken to process openings and closings, in particular it can take several weeks for the SRA to be notified of and process firm closures. As a result, formed and closure dates can be back dated and figures reported are subject to change.

Data for number of firms opening and closing November 2017

Percentages and figures in this report may include rounding differences.

Date(s) OpenClosed
November 201771
-
October 201728
-
September 201745
88
August 201767
53
July 201767
31
June 201772
75
May 201773
54
April 201783
77
March 201777
84
February 201755
28
January 201774
41
December 201655
56
November 201693
34
October 201653
117
September 201672
123
August 201651
56
July 201679
46
June 201684
60
May 201685
54
April 201693
91
March 201674
94
February 201675
20
January 201682
43
December 201559
69
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