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 June 2019, 584 firms have opened, and in the 12 months to end of April 2019, 567 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 May 2019.

Date(s) Open Closed
June 2019 46 -
May 2019 52 -
April 2019 43 33
March 2019 53 57
February 2019 42 55
January 2019 46 19
December 2018 24 33
November 2018 51 30
October 2018 44 68
September 2018 59 114
August 2018 54 32
July 2018 70 32
June 2018 62 54
May 2018 66 40
April 2018 45 69
March 2018 61 98
February 2018 48 40
January 2018 70 50
December 2017 43 54
November 2017 73 35
October 2017 28 74
September 2017 45 94
August 2017 66 58
July 2017 67 38