Taxi or private hire companies in the Hemel Hempstead area
243 taxi or private hire companies have a registered office in the Hemel Hempstead area (HP postcodes), and 64 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £5,400 in cash and owed £7,726 at year end.
The numbers
| Measure | Hemel Hempstead | UK |
|---|---|---|
| Registered companies | 243 | 20,081 |
| Formed in 2025 or 2026 | 64 (26%) | 31% |
| Being struck off or in liquidation | 26 (11%) | 11% |
| Typical cash at year end | £5,40034 accounts | £4,852 |
| Typical amount owed at year end | £7,726109 accounts | £9,535 |
| Typical number of employees | 1113 accounts | 1 |
What this means if you’re starting one
Most of these businesses are run by one or two people
The typical taxi or private hire company in the Hemel Hempstead area (HP postcodes) reports 1 employee; the top quarter has 2 or more (113 filings).
You are mostly up against owner-operators. Your own hours are likely to be your biggest cost, and the easiest one to undercount.
Most of your competition will be other newcomers
26% of the 243 taxi or private hire companies in the Hemel Hempstead area (HP postcodes) were formed in 2025–26, against 18% of all companies in the Hemel Hempstead area (HP 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.
Cash is tight in this trade
At year end the typical taxi or private hire company in the Hemel Hempstead area (HP postcodes) holds £5,400 in cash and owes £7,726; 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 Hemel Hempstead?
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Check my ideaWhat 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
- Slough324 companies
- Southampton304 companies
- Redhill285 companies
- Guildford260 companies
- Reading234 companies
- Oxford233 companies
- Dartford211 companies
- Portsmouth205 companies
Other businesses in Hemel Hempstead
- Business consultancy2,853 companies
- Buy-to-let landlord2,168 companies
- IT support or consultancy1,958 companies
- Online shop1,057 companies
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- Web design and software807 companies
- Builder768 companies
- Physiotherapy or therapy clinic737 companies