According to our latest records (as of May 2022), there are more than 7.37M companies registered in the United Kingdom. 41.4% of those operate in services and 14.26% in retail. 16.4% of all UK companies are based in London.
The majority of companies doing business in the United Kingdom have a legal form of corporations (65.1%) and proprietorships (12.8%).
UK: Distribution of companies by legal form
Legal Form
Share
Corporation
65.10%
Unknown Type
17.73%
Proprietorship
12.83%
Partnership Of Unknown Type
4.14%
Foreign Company
0.17%
Non Profit Organization
0.03%
Government Body
0.01%
Joint Venture
0%
43.8% of all UK-based corporations and 42.5% of proprietorships operate in services. In the case of corporations, the second most represented industry is finance, insurance, and real estate (17.6%) with retail (12.5%) in the third place. Among proprietorships, retail is second (23.8%), and construction is third (11.1%).
UK: Distribution of corporations and proprietorships by industry
Industry
Services
2,104,566
402,489
Finance, Insurance, and Real Estate
848,302
28,693
Retail Trade
601,776
25,060
Construction
404,619
104,924
Transportation, Communications, Electric, Gas, and Sanitary Services
248,285
44,904
Manufacturing
222,580
56,987
Wholesale Trade
179,603
25,534
Unknown industry
108,232
2,866
Agriculture, Forestry, and Fishing
60,294
50,152
Mining
10,465
463
Public Sector
9,917
3,374
The most represented SIC Code among corporations is business services (398,000), followed by sub-divider/developer (253,000), and management consulting services (204,000). In the case of proprietorships, eating places are first (66,000), followed by beauty shops (46,000) and general auto repair (30,000).
SIC Codes with the highest number of companies registered as corporations and proprietorships
Corporations
Business services
398,321
Subdivider/developer
253,119
Management consulting services
204,799
Real estate agent/manager
185,872
Computer-related services
184,474
Real property lessor
179,986
Eating place
169,465
Misc personal services
143,206
Non-classified establishment
108,232
Ret mail-order house
104,073
Proprietorships
Eating place
66,363
Beauty shop
46,809
General auto repair
30,791
Ret misc merchandise
22,725
Drinking place
22,001
School/educational services
19,884
Health/allied services
18,979
Plumbing/heating/air conditioning contractor
18,340
Business services
17,415
Residential construction
16,245
Majority of UK-based companies operate in services (41.3%), retail (14.2%), and finance, insurance, and real estate (12.6%). According to our latest records (as of May 2022), more than half of sales are generated by finance, insurance, and real estate (EUR 6.9B, which represents 41.85% of sales generated by all UK-based companies per year) and services (EUR 3.8B, which represents 23.25% of sales generated by all UK-based companies per year).
London remains to be the UK's financial capital, responsible for 69.1% (EUR 4.8B) of the total annual sales in the finance, insurance, and real estate industry. This can be explained by the fact that the world's top financial businesses are headquartered in the capital city. The list includes companies like Industrial And Commercial Bank Of China Limited, Bank Of China Limited, JPMorgan Chase Bank, National Association, Bank Of America, National Association, and HSBC Holdings PLC. Here it needs to be noted that these sales numbers could be skewed - banks’ and other financial institutions' sales numbers could include not only actual revenues brought in by, for example, interest on mortgages but also mortgages themselves (the amount actually borrowed from a bank). The top 100 companies in this industry account for 51.7% of sales in the entire UK economy.
UK: Distribution of companies by industry
Industry
Number of Companies
Services
3,050,911
Retail Trade
1,050,999
Finance, Insurance, and Real Estate
935,051
Unknown industry
682,017
Construction
598,648
Transportation, Communications, Electric, Gas, and Sanitary Services
328,613
Manufacturing
313,229
Wholesale Trade
224,036
Agriculture, Forestry, and Fishing
157,350
Public Sector
19,434
Mining
11,387
UK: Distribution of sales by industry
Industry
Sales
Finance, Insurance, and Real Estate
€ 6.946T
Services
€ 3.86T
Manufacturing
€ 1.268T
Retail Trade
€ 1.233T
Transportation, Communications, Electric, Gas, and Sanitary Services
€ 1.21T
Wholesale Trade
€ 1.045T
Construction
€ 461B
Mining
€ 304.2B
Public Sector
€ 126.6B
Unknown industry
€ 81.09B
Agriculture, Forestry, and Fishing
€ 64.55B
38% of all companies operating in the UK do business in the top 10 SIC Codes. Most of the UK business operate under business services (5.92%) and eating places (4.15%) SIC Codes.
UK: Distribution of companies by SIC Codes
SIC Code
Number of Companies
Share
Non classified establishment
682,017
9.25%
Business services
436,357
5.92%
Eating place
305,833
4.15%
Subdivider/developer
256,437
3.48%
Management consulting services
222,190
3.01%
Real estate agent/manager
211,147
2.86%
Computer related services
199,476
2.71%
Real property lessor
183,647
2.49%
Misc personal services
165,326
2.24%
Beauty shop
142,000
1.93%
School/educational services
140,127
1.9%
Ret mail-order house
109,113
1.48%
Individual/family services
103,257
1.4%
Health/allied services
103,077
1.4%
Trade contractor
102,764
1.39%
Holding company
98,080
1.33%
Engineering services
93,051
1.26%
Trucking operator-non local
91,376
1.24%
Residential construction
89,601
1.22%
General auto repair
87,506
1.19%
Almost one-sixth of companies are based in London. London is home to 16.4% of all UK companies, followed by Manchester (1.7%) and Birmingham (1.6%). Overall, 26.85% of all businesses are registered in the following 10 cities.
UK: Cities with the highest number of companies registered there
City
Number of Companies
Share
LONDON
1,208,656
16.4%
MANCHESTER
125,135
1.7%
BIRMINGHAM
117,864
1.6%
GLASGOW
102,577
1.39%
BRISTOL
86,528
1.17%
LEEDS
71,604
0.97%
EDINBURGH
71,339
0.97%
NOTTINGHAM
66,797
0.91%
LIVERPOOL
65,621
0.89%
LEICESTER
63,505
0.86%
Other Cities
5,392,049
73.15%
According to our latest records (as of May 2022), the top performing company in the United Kingdom in terms of sales is Royal Dutch Shell PLCÂ with EUR 161.2B per year, followed by BP PLCÂ (EUR 161.1B). The top 15 largest companies have total annual sales of EUR 1.4T, which represents 20.8% of sales generated by all companies in the United Kingdom.
UK-based companies with the highest annual sales
Company
Sales
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED
€ 163,051,568,308
ROYAL DUTCH SHELL PLC
€ 161,274,775,251
BP PLC.
€ 161,116,665,354
GLENCORE PLC
€ 127,147,155,856
BANK OF CHINA LIMITED
€ 119,567,969,945
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
€ 98,569,461,845
BANK OF AMERICA, NATIONAL ASSOCIATION
€ 84,406,566,792
ALLIANZ CAPITAL PARTNERS GMBH LONDON BRANCH
€ 75,714,000,000
JACK RICHARDS HOLDINGS LIMITED
€ 71,883,114,862
HSBC HOLDINGS PLC
€ 71,845,316,067
FIRST COMMERCIAL BANK, LIMITED
€ 68,496,519,275
HUA NAN COMMERCIAL BANK, LTD.
€ 65,314,550,047
MITSUBISHI UFJ FINANCIAL GROUP, INC.
€ 59,825,681,335
CANADA PENSION PLAN INVESTMENT BOARD
€ 58,935,267,912
CITIBANK N.A
€ 57,621,678,228
Top 15 largest companies
€ 1,444,770,291,077
Total
€ 6,945,813,294,699
G4S Limited, a private security service, is the UK's largest employer with 551,748 employees. Tesco PLCÂ is second with more than 367,000 employees, followed by HSBC Holdings PLCÂ with 239,000 employees. UK's 15 largest companies employ 4.4% of all employees in the United Kingdom.
UK: Companies with the highest number of employees
Company
Number of Employees
G4S LIMITED
551,748
TESCO PLC
367,321
HSBC HOLDINGS PLC
239,712
J SAINSBURY PLC
171,400
ROYAL MAIL PLC
159,194
GLENCORE PLC
158,000
UNILEVER PLC
153,000
TESCO STORES LIMITED
151,496
BROADSTREET GREAT WILSON EUROPE LIMITED
150,176
ASDA GROUP LIMITED
150,176
SAINSBURY'S SUPERMARKETS LTD
148,700
APTIV PLC
143,000
ASDA STORES LIMITED
142,244
WITTINGTON INVESTMENTS LIMITED
139,570
Top 15 largest companies
2,962,737
All employees
66,970,516
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