BenchmarklyAll benchmarks

Taxi or private hire companies in the Coventry area

219 taxi or private hire companies have a registered office in the Coventry area (CV postcodes), and 78 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £27,604 in cash and owed £14,083 at year end.

Companies House register, 1 September 2026, and accounts filed in the last twelve months. Compared with the official category “Taxi operation” (SIC 49320). Covers companies with a registered office in CV postcodes.

The numbers

Taxi or private hire companies in the Coventry area (CV postcodes) compared with the same category across the UK. Typical figures are medians.
MeasureCoventryUK
Registered companies21920,081
Formed in 2025 or 202678 (36%)31%
Being struck off or in liquidation20 (9.1%)11%
Typical cash at year end£27,60444 accounts£4,852
Typical amount owed at year end£14,083112 accounts£9,535
Typical number of employees1111 accounts1

What this means if you’re starting one

Most of your competition will be other newcomers

36% of the 219 taxi or private hire companies in the Coventry area (CV postcodes) were formed in 2025–26, against 22% of all companies in the Coventry area (CV postcodes). Nationally, that share of new companies is higher than 89% of UK industries.

New rivals are arriving faster than in most trades, so your customers already have fresh options. Being new is not a difference on its own.

Most of these businesses are run by one or two people

The typical taxi or private hire company in the Coventry area (CV postcodes) reports 1 employee; the top quarter has 2 or more (111 filings).

You are mostly up against owner-operators. Your own hours are likely to be your biggest cost, and the easiest one to undercount.

Cash is tight in this trade

At year end the typical taxi or private hire company in the Coventry area (CV postcodes) holds £27,604 in cash and owes £14,083; that cash figure is lower than 98% of UK industries.

Typical operators end the year holding less cash than they owe, so there is little slack if takings dip or a big bill lands early.

Planning a business like this in Coventry?

Answer two questions about your customer and what makes you different, and get a free three-week plan to test the idea before you spend real money. No account or card.

Check my idea

What these figures can’t tell you

Companies are counted where their registered office is, which may be an accountant or a home address rather than a shop. Sole traders and partnerships are not on the register, and electronically filed accounts cover roughly 60–75% of accounts filed each year. The figures describe companies that exist; they cannot prove demand for your idea or predict whether it will work. How the figures are built.

Taxi or private hire in other places

Other businesses in Coventry

All business benchmarks in Coventry