Out of Shetland's 688 total incorporated companies, 47 were formed in the last 12 months ending the 05th of December 2023.
The most common industries in Shetland are agriculture, forestry and fishing; construction; and wholesale and retail trade including repair of motor vehicles. Looking at specific business type classifications, most companies in Shetland are classified as marine fishing; other service activities; and other letting and operating of own or leased real estate.
| Industry | Companies Incorporated | Active | Dissolved |
|---|---|---|---|
| Other service activities | 75 | 54 | 21 |
| Accommodation and food service activities | 67 | 43 | 24 |
| Professional, scientific and technical activities | 76 | 40 | 36 |
| Manufacturing | 52 | 39 | 13 |
| Administrative and support service activities | 58 | 32 | 26 |
| Real estate activities | 37 | 30 | 7 |
| Human health and social work activities | 19 | 16 | 3 |
| Information and communication | 23 | 13 | 10 |
| Financial and insurance activities | 15 | 11 | 4 |
| Transportation and storage | 21 | 10 | 11 |
| Arts, entertainment and recreation | 21 | 9 | 12 |
| Electricity, gas, steam and air conditioning supply | 6 | 5 | 1 |
| Education | 8 | 4 | 3 |
| Public administration and defence; compulsory social security | 2 | 2 | 0 |
| Mining and Quarrying | 4 | 1 | 3 |
| Water supply, sewerage, waste management and remediation activities | 1 | 0 | 1 |
| Business Classification | Companies Incorporated | Active | Dissolved |
|---|---|---|---|
| Other business support service activities | 29 | 12 | 17 |
| Construction of other civil engineering projects | 14 | 10 | 4 |
| Take-away food shops and mobile food stands | 13 | 10 | 3 |
| Other engineering activities | 18 | 10 | 8 |
| Other human health activities | 11 | 9 | 2 |
| Development of building projects | 10 | 8 | 2 |
| Construction of domestic buildings | 11 | 8 | 3 |
| Electrical installation | 14 | 8 | 6 |
| Other holiday and other collective accommodation | 8 | 8 | 0 |
| Unlicensed restaurants and cafes | 11 | 8 | 3 |
| Activities of other holding companies | 8 | 8 | 0 |
| Marine aquaculture | 12 | 7 | 5 |
| Plumbing, heat and air-conditioning installation | 8 | 7 | 1 |
| Maintenance and repair of motor vehicles | 9 | 7 | 2 |
| Public houses and bars | 10 | 7 | 3 |
| Joinery installation | 9 | 6 | 3 |
| Repair and maintenance of ships and boats | 5 | 5 | 0 |
We have collected business information and formation statistics for 2 locations within Shetland.
| Name | Companies Incorporated | Active Companies | Dissolved |
|---|---|---|---|
| Brae | 51 | 32 | 19 |
| Lerwick | 637 | 422 | 215 |
There are 454 active companies in Shetland as of Dec 2023. In total, 688 companies have been incorporated, and 234 have been dissolved.
Most companies in Shetland are categorised under: other service activities. This accounts for 54 companies.
The most common SIC codes used by companies in Shetland are: other business support service activities; construction of other civil engineering projects; and take-away food shops and mobile food stands.
Last updated: 05 Dec 2023 19:00