Borough company start-ups 'on the rise'

By Jim Dunton - Thu 25 July 2013, 3:37 pm

The first three months of 2013 saw a record level of new companies formed in Enfield, according to analysts.

Business data company Duport said 281 companies were formed during January, February and March, a figure it said was the highest of any first quarter on record for the area.

It added that the town’s share of UK companies was increasing, and a record number of female directors were being appointed, with 28 per cent of registered directors being women in the quarter.

Duport managing director Peter Valiatis said the boom in company registrations tied in with ongoing regeneration work in Enfield.

"2012 was a record year for company formation in Enfield, and to follow this with a record first quarter is a fantastic indicator of business confidence in the area,” he said.

"The increase in female directors is also great news for the local economy, as it suggests an increasingly diverse and vibrant business community."