The capital has slipped down our rankings as one of the UK’s most entrepreneurial cities, but there are still areas which are full of innovators.
So, which postcode is the most entrepreneurial in the richest city in the world?
Earlier this year, we published a report on the Most Entrepreneurial City in the UK with Brighton, Manchester and Nottingham taking the lead for 2017.
With proportionately slower growth than other UK cities, London’s population to start-up ratio saw it rank just 12th on our Index. However, there has been a growth of key markets in the outer fringes of London and many parts of the capital are still consistently in demand by entrepreneurs.
To find out more, Instant Offices dived into more granular data around start-up activity within various London postcodes to discover which areas are bursting at the seams with an entrepreneurial spirit.
West & North London: Most Entrepreneurial Overall
With almost 50 000 businesses launched across West and North London combined in the last year (19, 894 and 30, 004 respectively), these two postcode regions take the top spot when it comes to entrepreneurship.
North London’s large number of micro-businesses and early-stage entrepreneurs make it a hot spot for business-owners looking for more affordable space. With its efficient transport system and proximity to the capital, West London offers new businesses a home alongside industry titans with access to wide talent pools and an impressive number of local amenities.