BenchmarklyAll benchmarks

Taxi or private hire companies in the Ilford area

363 taxi or private hire companies have a registered office in the Ilford area (IG postcodes), and 126 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £6,724 in cash and owed £5,479 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 IG postcodes.

The numbers

Taxi or private hire companies in the Ilford area (IG postcodes) compared with the same category across the UK. Typical figures are medians.
MeasureIlfordUK
Registered companies36320,081
Formed in 2025 or 2026126 (35%)31%
Being struck off or in liquidation38 (10%)11%
Typical cash at year end£6,72439 accounts£4,852
Typical amount owed at year end£5,479165 accounts£9,535
Typical number of employees1172 accounts1

What this means if you’re starting one

the Ilford area (IG postcodes) already has more of these businesses than most places

Taxi or private hire companies are 0.62% of companies registered in the Ilford area (IG postcodes), against 0.37% UK-wide (1.7× the national share).

Demand here is proven, but so is choice. Customers can compare you with several nearby options.

Most of these businesses are run by one or two people

The typical taxi or private hire company in the Ilford area (IG postcodes) reports 1 employee; the top quarter has 2 or more (172 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 Ilford area (IG postcodes) holds £6,724 in cash and owes £5,479; 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 Ilford?

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 Ilford

All business benchmarks in Ilford