Business Services in Newport (Isle of Wight)

Newport (Isle of Wight) Company Scorecard

Out of Newport's 2,613 total incorporated companies, 176 were formed in the last 12 months.

Newport's Business Profile

The most common business sectors in Newport include the 250 companies working in activities of households as employers, 202 companies working in construction, and 184 companies working in wholesale and retail trade including repair of motor vehicles. The business sectors with the least activity include electricity, gas, steam and air conditioning supply with 6 active companies, public administration and defence; compulsory social security with 2 active companies, and mining and quarrying with 2 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 activities of other holding companies now making up 1.72% of active businesses, a total of 27 companies. The next big increase was other letting and operating of own or leased real estate which now makes up 5.02% of active businesses in Newport, a change of 23% from the 4.09% percentage share seen in 2018. Retail sale via mail order houses or via internet also saw positive growth, currently representing 1.59% of Newport's active companies.

Notable changes in Newport's business sectors include a rise of 15% in wholesale and retail trade including repair of motor vehicles since 2018, a rise of 73% in financial and insurance activities, and rise of 26% in accommodation and food service activities.