Firms opening and closing

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 March 2021, 441 firms have opened, and in the 12 months to end of January 2021, 546 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 end of January 2021.

Date(s) Open Closed
March 2021 40 -
February 2021 36 -
January 2021 40 36
December 2020 44 52
November 2020 48 38
October 2020 39 65
September 2020 43 86
August 2020 30 31
July 2020 38 17
June 2020 37 50
May 2020 25 28
April 2020 21 43
March 2020 37 70
February 2020 26 30
January 2020 43 40
December 2019 16 76
November 2019 49 40
October 2019 40 71
September 2019 55 107
August 2019 56 42
July 2019 49 39
June 2019 48 58
May 2019 54 50
April 2019 45 45
March 2019 - 78
Feburary 2019 - 64