Taxi or private hire companies in the Nottingham area
219 taxi or private hire companies have a registered office in the Nottingham area (NG postcodes), and 71 of them were formed in 2025 or 2026. In their latest accounts, the typical one held £6,664 in cash and owed £8,719 at year end.
The numbers
| Measure | Nottingham | UK |
|---|---|---|
| Registered companies | 219 | 20,081 |
| Formed in 2025 or 2026 | 71 (32%) | 31% |
| Being struck off or in liquidation | 23 (11%) | 11% |
| Typical cash at year end | £6,66441 accounts | £4,852 |
| Typical amount owed at year end | £8,719103 accounts | £9,535 |
| Typical number of employees | 2106 accounts | 1 |
What this means if you’re starting one
Most of your competition will be other newcomers
32% of the 219 taxi or private hire companies in the Nottingham area (NG postcodes) were formed in 2025–26, against 21% of all companies in the Nottingham area (NG 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 Nottingham area (NG postcodes) reports 2 employees; the top quarter has 3 or more (106 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 Nottingham area (NG postcodes) holds £6,664 in cash and owes £8,719; 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 Nottingham?
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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
- Leicester286 companies
- Northampton239 companies
- London3,006 companies
- Edinburgh646 companies
- Southall469 companies
- Birmingham449 companies
- Manchester393 companies
- Ilford363 companies
Other businesses in Nottingham
- Buy-to-let landlord4,580 companies
- Business consultancy2,568 companies
- Online shop1,647 companies
- Dog grooming and other personal services1,318 companies
- IT support or consultancy1,283 companies
- Physiotherapy or therapy clinic1,218 companies
- Takeaway and street food1,102 companies
- Haulage1,045 companies