Firms opening and closing
Statistics on this page relate to firms with Recognised Sole Practitioner, Recognised Body or Licensed Body (also known as an Alternative Business Structure) status.
Over the 12 months to end of March 2023, 385 firms have opened, and in the 12 months to end of January 2023, 580 firms have closed. The following chart shows the number of firms that have opened or closed in each month. A peak in firm closures is seen around the renewals period each year.
Note that the closure figures have been updated to include all reasons for closure, such as, ceased practising, mergers, splits and change of status. Previous figures reported related only to firms that had ceased practising. View a breakdown of closure reasons for the 12 month period to end of January 2023.
Date(s) | Open | Closed |
---|---|---|
March 2023 | 34 | - |
February 2023 | 28 | - |
January 2023 | 27 | 28 |
December 2022 | 28 | 52 |
November 2022 | 38 | 32 |
October 2022 | 46 | 73 |
September 2022 | 27 | 79 |
August 2022 | 40 | 31 |
July 2022 | 32 | 45 |
June 2022 | 25 | 46 |
May 2022 | 29 | 47 |
April 2022 | 31 | 55 |
March 2022 | 57 | 62 |
February 2022 | 51 | 30 |
January 2022 | 35 | 33 |
December 2021 | 30 | 55 |
November 2021 | 42 | 41 |
October 2021 | 22 | 75 |
September 2021 | 26 | 88 |
August 2021 | 20 | 29 |
July 2021 | 38 | 38 |
June 2021 | 22 | 38 |
May 2021 | 43 | 42 |
April 2021 | 42 | 67 |
March 2021 | 36 | 59 |
February 2021 | 33 | 38 |
January 2021 | 41 | 41 |