HC Deb 09 July 1986 vol 101 c193W
Mr. Peter Bruinvels

asked the Secretary of State for Northern Ireland how many companies were (a) registered and (b) wound up in the Province during the last year for which figures are available; what were the equivalent figures for each of the past 10 years; and if he will make a statement.

Dr. Boyson

The figures for 1986 and 1985 are for the 12 months ending 31 March; the other figures are for calendar years.

Year New Companies registered Companies wound up Companies no longer in registered operation struck off the Register
1986 990 117 698
1985 953 109 430
1984 906 120 323
1983 820 123 267
1982 907 69 189
1981 629 67 256
1980 608 58 87
1979 735 50 451
1978 812 58
1977 752 58 187
1976 616 62 343
1975 568 41 174

The increasing number of new companies being registered demonstrates that a strong spirit of enterprise exists in Northern Ireland. Government action is focused on encouraging this spirit and on strengthening the small business sector and promoting its expansion and development.