Regulated population statistics

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 October 2018, 691 firms have opened, and in the 12 months to end of August 2018, 647 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 September 2018.

Number of firms opening and closing: October 2018

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 October 2018

Percentages and figures in this report may include rounding differences.

Date(s) OpenClosed
October 201844
-
September 201856
-
August 201854
28
July 201870
30
June 201861
47
May 201866
37
April 201845
67
March 201861
97
February 201848
36
January 201871
48
December 201743
54
November 201772
35
October 201728
74
September 201745
94
August 201767
56
July 201767
38
June 201772
75
May 201773
57
April 201783
78
March 201777
87
February 201755
29
January 201773
43
December 201655
57
November 201693
35