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 October 2019, 558 firms have opened, and in the 12 months to end of August 2019, 603 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  2019.

Date(s) Open Closed
October 2019 35 -
September 2019 54 -
August 2019 57 37
July 2019 49 31
June 2019 49 53
May 2019 54 43
April 2019 44 37
March 2019 54 63
February 2019 41 60
January 2019 45 21
December 2018 25 37
November 2018 51 33
October 2018 43 71
September 2018 59 117
August 2018 54 32
July 2018 70 32
June 2018 62 55
May 2018 66 41
April 2018 45 69
March 2018 61 98
February 2018 48 40
January 2018 70 51
December 2017 43 55
November 2017 73 37