Business Services in Newport

Newport Company Scorecard

Out of Newport's 16,269 total incorporated companies, 1,204 were formed in the last 12 months.

Newport's Business Profile

The most common business sectors in Newport include the 1,093 companies working in wholesale and retail trade including repair of motor vehicles, 878 companies working in construction, and 853 companies working in professional, scientific and technical activities. The business sectors with the least activity include public administration and defence; compulsory social security with 31 active companies, electricity, gas, steam and air conditioning supply with 29 active companies, and mining and quarrying with 6 active companies.

Company Trends in Newport

Looking at the big changes in Newport's businesses over the last five years, the biggest increase was in other letting and operating of own or leased real estate now making up 6.76% of active businesses, a total of 469 companies. The next big increase was buying and selling of own real estate which now makes up 4.39% of active businesses in Newport, a change of 141% from the 1.82% percentage share seen in 2018. Retail sale via mail order houses or via internet also saw positive growth, currently representing 2.56% of Newport's active companies.

Notable changes in Newport's business sectors include a rise of 88% in real estate activities since 2018, a rise of 42% in wholesale and retail trade including repair of motor vehicles, and rise of 30% in human health and social work activities.