More than 15,000 new hair & beauty start-ups registered in past year, with Hayes the most entrepreneurial town
The number of UK hair and beauty service start-ups formed over the last year is up by 11 per cent. Research from Ripe Hair & Beauty Insurance using Companies House data saw from July 2022 to June 2023, the number of start-ups jumped from 13,745 to 15,245, ranging from freelance hair stylists to beauty salons, nail bars and barbers.
Hayes in south-east London had more hair and beauty treatment businesses formed than any other town or city in the UK – at a rate of more than two new company registrations per 1,000 residents. Essex and Kent were found to be the most entrepreneurial counties, with two out of the top 15 towns, respectively.
“Overall, we know that the face of the UK high street is changing. And as the era of large department stores and banks comes to a close, it’s encouraging to see entrepreneurial hair and beauty businesses take their place,” said John Woosey, founder of Ripe Hair & Beauty Insurance.