registrations_against_closures
Compare company registrations against dissolutions for a chosen area, period, and SIC codes to determine whether more businesses were registered or closed.
Instructions
Were more companies registered or dissolved? In one place (default the UK) and period (default the latest four quarters), compares companies registered with companies dissolved, whatever year those were registered, and tests which was higher, allowing for rounding. A period under a year gets the counts but no verdict, because closures come in weekly batches. It can't show whether closures are speeding up. Area answers leave out formation-agent addresses.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| area | No | 'UK', a region or nation, or a council area code from find_area | UK |
| sic_codes | Yes | SIC codes from find_sic: 5 digits, a 2-4 digit group such as '812' for all of it, or a ready-made bundle id such as 'ai-and-data' (approximate). Choose codes for the activity asked about, e.g. cleaning: ['812']; digital and tech: ['62011', '62012', '62020', '62090', '63110', '63120', '58290']; every industry: ['all']. The choice can change the answer, so say which codes you used. | |
| to_quarter | No | YYYY-Qn ending the later period; default the last complete quarter | |
| from_quarter | No | YYYY-Qn starting the period; default four quarters before to_quarter's end, so a whole year |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| rows | Yes | ||
| answer | Yes | The summary plus both must-quote caveats, ready to pass on as one text. | |
| caveats | Yes | The first two are must-quote: include them in any answer. | |
| summary | Yes | Quote this sentence word for word. | |
| excluded | Yes | ||
| snapshot_date | Yes | ||
| snapshot_sha256 | Yes |