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