Commercial opportunity: new software and IT companies in the UK, Q2 2026
18,486 new software and IT companies registered in the UK in Q2 2026 (+23.7% year on year). Where they are, how long they last, who sells to them — and the live list.
18,486 new software and IT companies were registered in the UK in the second quarter of 2026, up 23.7% on Q2 2025. London had the most, with 8,481 (45.9% of the market). Each one is a company making its first supplier decisions.
Companies registered for business and domestic software development, IT consultancy, or other information technology services. This report is part of CompaniesIQ's Commercial Opportunity series: exact Companies House counts for one market, where it is, how long its companies last, and who sells into it. The full dataset is downloadable.
Build this market → — every active company in these codes formed in the last 12 months, on the live register.
What we found
- 18,486 new software and IT companies in Q2 2026, against 14,943 in Q2 2025 (+23.7%).
- 9.54% of all 193,829 UK incorporations in the quarter.
- London led with 8,481, followed by Manchester (388) and Birmingham (249).
- 39.6% of software and IT companies formed in 2020 had not been dissolved five years later, in line with the 38.8% for all UK companies formed that year.
| SIC code | Activity | New companies (Q2 2026) | Q2 2025 | Change |
|---|---|---|---|---|
| 62012 | Business and domestic software development | 11,473 | 6,805 | +68.6% |
| 62020 | IT consultancy | 7,785 | 7,414 | +5.0% |
| 62090 | Other information technology services | 5,198 | 4,494 | +15.7% |
A company can list up to four SIC codes, so the code rows overlap and add up to more than the market total of 18,486, which counts each company once.
Where new software and IT companies are registering
| # | Town or city | Region | New software and IT companies (Q2 2026) | Share of market | See the companies |
|---|---|---|---|---|---|
| 1 | London | London | 8,481 | 45.9% | Build the London list |
| 2 | Manchester | North West | 388 | 2.1% | Build the Manchester list |
| 3 | Birmingham | West Midlands | 249 | 1.3% | Build the Birmingham list |
| 4 | Edinburgh | Scotland | 211 | 1.1% | Build the Edinburgh list |
| 5 | Glasgow | Scotland | 199 | 1.1% | Build the Glasgow list |
| 6 | Bristol | South West | 133 | 0.7% | Build the Bristol list |
| 7 | Leeds | Yorkshire & the Humber | 131 | 0.7% | Build the Leeds list |
| 8 | Coventry | West Midlands | 118 | 0.6% | Build the Coventry list |
| 9 | Leicester | East Midlands | 116 | 0.6% | Build the Leicester list |
| 10 | Liverpool | North West | 112 | 0.6% | Build the Liverpool list |
| 11 | Reading | South East | 110 | 0.6% | Build the Reading list |
| 12 | Cambridge | East of England | 101 | 0.5% | Build the Cambridge list |
| 13 | Nottingham | East Midlands | 97 | 0.5% | Build the Nottingham list |
| 14 | Milton Keynes | South East | 95 | 0.5% | Build the Milton Keynes list |
| 15 | Oxford | South East | 94 | 0.5% | Build the Oxford list |
The 15 places above account for 57.5% of the market. A registered office is a legal correspondence address, not a place of business, so place counts show where companies are registered rather than where they operate — accountants' and formation agents' addresses pull registrations towards city centres, London especially. 138 companies in this market were registered at the Companies House default address in Cardiff (used when a registered office is removed) and are excluded from Cardiff's figure.
How long they last
Of the 38,155 software and IT companies incorporated in 2020, 39.6% had not been dissolved by the end of 2025 — in line with the 38.8% for every UK company formed that year. Survival here means not dissolved; a surviving company may be dormant, and most dissolutions are voluntary rather than business failures. The full picture by cohort is in our company survival study.
What this means: who sells to new software and IT companies
| Who sells into this market | Why a new company needs it |
|---|---|
| Accountants and R&D tax advisers | Software companies often have qualifying R&D activity and contractor income that shapes early tax and accounting choices. |
| Cloud and developer-tool vendors | Hosting, code and collaboration tools are chosen at the start and become hard to move. |
| Professional indemnity and cyber insurers | Client contracts for software and IT work commonly require indemnity and cyber cover. |
| Recruiters | Companies that grow past a founder or contractor hire engineers, often through agencies. |
| Legal services | IP assignment, client contracts and contractor agreements matter from the first engagement. |
Many companies in these codes are contractor or consultancy vehicles that start billing immediately; product companies make their tooling choices in the first months and rarely revisit them. That is the case for reaching new software and IT companies early — and for working from the live register rather than a list that was current months ago.
Build this market → opens every active company in these codes formed in the last 12 months. Narrow it to a town from the table above, or get new registrations weekly with free new-company alerts.
Methodology
Where the figures come from. Every figure is an exact hit count from the Companies House advanced company search API, taken on 2026-10-08. The market is every company incorporated between 2026-04-01 and 2026-06-30 that lists at least one of SIC 62012, 62020, 62090. The codes are queried together, so a company listing more than one is counted once in the market total.
Places. 39 UK towns and cities were each counted with one exact query, matching the registered-office address. Companies at the Companies House default address — a Cardiff postcode used when a registered office is removed — were measured (138 in this market and period) and subtracted from Cardiff.
Survival. Survival is the share of companies incorporated in 2020 that had not been dissolved by 2025-12-31, for this market's codes and for all UK companies. The method matches our company survival study.
Who sells into the market. The buyer table is editorial: written by CompaniesIQ Research from the typical set-up needs of a new company in the market, and reviewed like any other copy. It is not derived from the register and makes no claim about any individual company.
Limitations.
- SIC codes are chosen by whoever files the incorporation and are not verified, so a market defined by SIC codes includes some companies that do something else and misses some that list a different code.
- A registered office is a legal correspondence address, not a place of business, so place counts show where companies are registered rather than where they operate.
- These are registrations, not trading businesses: some companies never trade, and counts for recent periods rise slightly as late registrations are processed.
- Survival here means not dissolved; a surviving company may be dormant, and most dissolutions are voluntary rather than business failures.
Data and licence
- Period covered: 2026-04-01 to 2026-06-30 (inclusive), compared with 2025-04-01 to 2025-06-30.
- Source: Companies House register (advanced company search API).
- Retrieved: 2026-10-08.
- Licence: Contains public sector information licensed under the Open Government Licence v3.0. Company data © Crown copyright.
- Download: commercial-opportunity-software-and-it-q2-2026.csv — every figure and the query behind it.
Citation. CompaniesIQ Research (2026). Commercial opportunity: new software and IT companies in the UK, Q2 2026. Available at: https://www.companiesiq.co.uk/blog/commercial-opportunity-software-and-it-q2-2026
Frequently asked questions
How many new software and IT companies were registered in the UK in Q2 2026?
18,486 companies listing SIC 62012, 62020, 62090 were incorporated between 2026-04-01 and 2026-06-30, against 14,943 in Q2 2025 (exact Companies House counts).
Where are new software and IT companies registering?
London had the most in Q2 2026, with 8,481 (45.9% of the market). Counts are by registered-office address, which is not always where a company operates.
How long do new software and IT companies last?
39.6% of those incorporated in 2020 had not been dissolved five full years later, against 38.8% for all UK companies formed that year.
How do I find new software and IT companies to sell to?
CompaniesIQ reads the Companies House register live. The 'Build this market' link in this report opens every active company in these SIC codes formed in the last 12 months, filterable by town.
More insights
What happens to new UK companies? Survival rates for 2016–2025 incorporations
27.4% of UK companies formed in 2016 are still active. Exact Companies House cohort data on how many new companies dissolve, how fast, and in which lines of business.
Commercial opportunity: new insurance brokers in the UK, Q2 2026
308 new insurance brokers registered in the UK in Q2 2026 (−12.3% year on year). Where they are, how long they last, who sells to them — and the live list.
Commercial opportunity: new recruitment agencies in the UK, Q2 2026
2,214 new recruitment agencies registered in the UK in Q2 2026 (−18.8% year on year). Where they are, how long they last, who sells to them — and the live list.
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