Business Services in City of London

City of London has 56,050 active companies registered at a local address, of which 6,398 were incorporated in the last 12 months. City of London is positioned 6th for active company presence in London. This is ahead of Tower Hamlets and Southwark and behind Islington, Hackney, Westminster, and Camden.

City of London Company Scorecard

Out of City of London's 127,586 total incorporated companies, 6,398 were formed in the last 12 months.

127,586

Total Incorporations

56,050

Active Companies

68,302

Total Dissolved

City of London's Business Profile

The most common business sectors in City of London include the 13,092 companies working in financial and insurance activities, 8,890 companies working in professional, scientific and technical activities, and 8,785 companies working in administrative and support service activities. The business sectors with the least activity include agriculture, forestry and fishing with 159 active companies, public administration and defence; compulsory social security with 154 active companies, and water supply, sewerage, waste management and remediation activities with 116 active companies.

Business Sector Current Active Companies Incorporated Total Dissolved Total
Financial and insurance activities 13,092 21,175 7,322
Professional, scientific and technical activities 8,890 19,517 9,734
Administrative and support service activities 8,785 37,181 27,342
Information and communication 7,019 14,461 6,798
Real estate activities 4,642 7,771 2,663
Wholesale and retail trade including repair of motor vehicles 4,482 9,584 4,686
Other service activities 2,470 4,956 2,322
Construction 2,430 5,635 2,698
Manufacturing 1,418 3,385 1,693
Electricity, gas, steam and air conditioning supply 1,417 1,908 465
Human health and social work activities 1,391 2,486 978
Arts, entertainment and recreation 1,309 2,560 1,146
Accommodation and food service activities 1,127 2,634 1,289
Education 1,088 1,840 720
Transportation and storage 709 1,680 866
Activities of households as employers 465 651 177
Mining and Quarrying 386 722 310
Agriculture, Forestry and Fishing 159 324 148
Public administration and defence; compulsory social security 154 257 98
Water supply, sewerage, waste management and remediation activities 116 261 133

Company Trends in City of London

Looking at the big changes in City of London's businesses over the last five years, the biggest increase was in activities of other holding companies now making up 7.23% of active businesses, a total of 4,054 companies. The next big increase was other letting and operating of own or leased real estate which now makes up 4.54% of active businesses in City of London, a change of 55% from the 2.92% percentage share seen in 2018. Retail sale via mail order houses or via internet also saw positive growth, currently representing 2.21% of City of London's active companies.

Notable changes in City of London's business sectors include a rise of 36% in financial and insurance activities since 2018, a rise of 60% in wholesale and retail trade including repair of motor vehicles, and rise of 31% in real estate activities.

Company Type Current Active Businesses Incorporated Total Dissolved Total
Other business support service activities 6,465 24,439 17,115
Activities of other holding companies 4,055 5,740 1,516
Management consultancy activities other than financial management 2,867 7,226 4,128
Other letting and operating of own or leased real estate 2,543 3,465 756
Financial intermediation not elsewhere classified 2,411 4,685 2,014
Non-life insurance 2,163 2,803 561
Information technology consultancy activities 1,674 3,957 2,059
Buying and selling of own real estate 1,641 3,123 1,264
Other service activities 1,626 3,521 1,770
Other information technology service activities 1,594 3,590 1,848
Activities of head offices 1,510 4,100 2,250
Business and domestic software development 1,506 2,442 873
Non-life reinsurance 1,399 1,485 78
Production of electricity 1,252 1,667 402
Development of building projects 1,238 2,851 1,370
Retail sale via mail order houses or via Internet 1,237 2,225 958
Other professional, scientific and technical activities 1,084 1,890 751
Activities of financial services holding companies 1,054 1,544 466
Management of real estate on a fee or contract basis 866 1,404 455
Life insurance 761 869 103

Company Names & Word Choices in City of London

The top 5 most popular words used by active companies registered in City of London are UK, HOLDINGS, SERVICES, NO, and MANAGEMENT.

City of London's Oldest Companies

The oldest company in City of London is Oriental Gas Company, Limited(The) at 167 years, 2 months, and 3 days old.

Company Name Business Incorporated Age
00000121
Oriental Gas Company, Limited(The) Activities of head offices 26 Sep 1856 167 years
00000871
Gresham House Plc Financial intermediation not elsewhere classified 14 May 1857 166 years
00002877
Standard Chartered Africa Limited Financial intermediation not elsewhere classified 15 Oct 1862 161 years
00000950
Cna Insurance Company Limited Non-life insurance 08 Feb 1864 159 years
00002065
Lloyds Bank Plc Banks 20 Apr 1865 158 years
00003002
Ba (Gi) Limited Non-life insurance 12 Apr 1866 157 years
00010340
Britannia Steam Ship Insurance Association Limited(The) Non-life insurance 19 Feb 1876 147 years
00011615
Folgate Insurance Company Limited Non-life insurance 21 Jul 1877 146 years
00012901
F&C Investment Trust Plc Financial intermediation not elsewhere classified 15 Mar 1879 144 years
00015399
Iowa Land Company Limited Activities of head offices 21 May 1881 142 years

Multiple Company Registrations in City of London

Counting the number of companies registered at each address in City of London, we have found that the top 10 addresses have 12,510 active businesses registered at them.

Addresss Postcode Active Companies
Suite G04 1 Quality Court, Chancery Lane WC2A 1HR 3,752
5th Floor 40 Gracechurch Street EC3V 0BT 1,602
73 Cornhill EC3V 3QQ 1,462
1 Bartholomew Lane EC2N 2AX 1,138
71 Queen Victoria Street EC4V 4BE 1,046
5 New Street Square EC4A 3TW 775
International House, 36-38 Cornhill EC3V 3NG 738
10 Queen Street Place EC4R 1AG 706
5th Floor 70 Gracechurch Street EC3V 0XL 695
First Floor, 5 Fleet Place EC4M 7RD 596

City of London's Most Recently Formed Companies

Company Name Business Incorporated Age
15312432
Nodetech Ltd Other telecommunications activities 28 Nov 2023 1 days
15312474
Canbolat Group Ltd Activities of open-ended investment companies 28 Nov 2023 1 days
15313050
Shirleybubs Trading Ltd Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 28 Nov 2023 1 days
15313061
Thombubs Trading Ltd Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 28 Nov 2023 1 days
15313082
Linderbubs Trading Ltd Agents involved in the sale of textiles, clothing, fur, footwear and leather goods 28 Nov 2023 1 days
15313222
Skinrestore Global Limited Retail sale of cosmetic and toilet articles in specialised stores 28 Nov 2023 1 days
15313348
Iron Metallics Solutions Holdings, Ltd. Activities of other holding companies 28 Nov 2023 1 days
15313398
Featuristic Group (Tw Amazon) Limited Motion picture production activities 28 Nov 2023 1 days
15313451
Shiloh Studio Limited Other software publishing 28 Nov 2023 1 days
15313526
Cobuy Group ( International ) Limited Buying and selling of own real estate 28 Nov 2023 1 days
15313634
Radiante Uk Limited Fund management activities 28 Nov 2023 1 days
15313756
Apn Group Holdco Limited Activities of head offices 28 Nov 2023 1 days
15313801
Kaplan Global Limited Travel agency activities 28 Nov 2023 1 days
15314028
Otterburn Street Properties Limited Residents property management 28 Nov 2023 1 days
15314299
Boleyn Electrical Limited Development of building projects 28 Nov 2023 1 days
15314435
Bedarogen Ltd Wholesale of clothing and footwear 28 Nov 2023 1 days
15314449
Ampinity Inc Ltd Wholesale of clothing and footwear 28 Nov 2023 1 days
15314468
Meloven Ltd Wholesale of clothing and footwear 28 Nov 2023 1 days
15314493
Ceronotin Ltd Wholesale of clothing and footwear 28 Nov 2023 1 days
15314505
Karomind Company Limited Manufacture of paper and paperboard 28 Nov 2023 1 days

Frequently Asked Questions about Business in City of London

How many companies are there in City of London?

There are 56,050 active companies in City of London as of Nov 2023. In total, 127,586 companies have been incorporated, and 68,302 have been dissolved.

What is the most common type of company in City of London?

Most companies in City of London are categorised under: financial and insurance activities. This accounts for 13,092 companies.

What are the most common SIC codes in City of London?

The most common SIC codes used by companies in City of London are: other business support service activities; activities of other holding companies; and management consultancy activities other than financial management.

Which words do companies in City of London use in their names most often?

Businesses and companies in City of London most commonly used the words UK, HOLDINGS, SERVICES, NO, and MANAGEMENT in their company names.

Last updated: 29 Nov 2023 00:00