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 2022, 426 firms have opened, and in the 12 months to end of April 2022, 551 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 April 2022.
Date(s) | Open | Closed |
---|---|---|
June 2022 | 21 | - |
May 2022 | 33 | - |
April 2022 | 31 | 46 |
March 2022 | 72 | 55 |
February 2022 | 55 | 25 |
January 2022 | 38 | 30 |
December 2021 | 29 | 51 |
November 2021 | 43 | 39 |
October 2021 | 21 | 76 |
September 2021 | 24 | 87 |
August 2021 | 20 | 28 |
July 2021 | 39 | 37 |
June 2021 | 21 | 35 |
May 2021 | 43 | 42 |
April 2021 | 43 | 68 |
March 2021 | 36 | 58 |
February 2021 | 34 | 39 |
January 2021 | 41 | 39 |
December 2020 | 43 | 65 |
November 2020 | 49 | 44 |
October 2020 | 39 | 68 |
September 2020 | 43 | 90 |
August 2020 | 29 | 36 |
July 2020 | 37 | 22 |
June 2020 | 35 | 50 |
May 2020 | - | 28 |