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Net enterprise additions/losses (20436) Metric type
- Help text
- This is the difference between the number of births of enterprises and the number of deaths of enterprises in the area, for calendar year. A birth is identified as a business that was present in year t, but did not exist in year t-1 or t-2. Births are identified by making comparison of annual active business population files and identifying those present in the latest file, but not the two previous ones. A death is defined as a business that was on the active file in year t, but was no longer present in the active file in t+1 and t+2. In order to provide an early estimate of deaths an adjustment has been made to the latest two years deaths to allow for reactivations. These figures are provisional and subject to revision.
This data is produced from an extract taken from the Inter-Departmental Business Register (IDBR). The publication focuses on changes to the registered business population, that is, those businesses registered at HM Revenue and Customs (HMRC) for Value Added Tax (VAT) and/or Pay-As-You-Earn (PAYE) and at Companies House.
The starting point for business demography is the concept of a population of active businesses in a reference year (t). These are defined as businesses that had either turnover or employment at any time during the reference period. Births and deaths are then identified by comparing active business populations for different years.
Figures for each period are rounded independently to the nearest 5 using controlled rounding.
- Modified
- 09 Aug 2023
- Data last updated
- 23 Nov 2023
- Short label
- Net enterprise additions/losses
- Status
- Live
- Output precision
- 0
- Polarity
- a high value is good
- Measure
- Count
- Dataset
- Active enterprises
- Collection
- Business Demography
- Source
- Office for National Statistics
- is found in the following lists
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