Financial management

SIC 70221Section M: Professional, scientific and technical activities|Data verified: 2026-04-17
15,599Active Companies
Section M: Professional, scientific and technical activities
Division 70
SIC 70221

What is SIC Code 70221?

SIC code 70221 covers financial management activities in the UK, with 15,599 active companies currently registered. This represents a significant segment of UK business activity. It falls under Section M (Professional, scientific and technical activities) of the UK SIC 2007 classification system, which is used by Companies House to categorise all registered businesses.

See the full industry analysis on the Financial management industry page.

15,599
Active
28
Dissolved
17,303
Total
7.5y
Avg Age

Sector Analysis

With a 90% survival rate, this sector shows strong business longevity. Only 28 of 17,303 companies registered under this code have dissolved, well below the UK average. Companies in this sector average 7.5 years old, reflecting a balanced mix of established businesses and newer market participants. Growth has been exceptional recently: 51% of all active companies were formed since 2020, marking this as one of the fastest-expanding classifications. The 2010s contributed another 39%, meaning the vast majority of businesses are relatively new. The leading locations for this sector are LONDON (3,860), MANCHESTER (189), GLASGOW (171), which together account for 27% of active companies.

Formation by Decade
39%
51%
Pre-1990: 144
1990s: 273
2000s: 1,238
2010s: 6,032
2020s: 7,912

Frequently Asked Questions about SIC 70221

What does SIC code 70221 mean?

SIC code 70221 stands for "Financial management" under the UK Standard Industrial Classification (SIC 2007) system. It belongs to Section M — Professional, scientific and technical activities. Companies use this code when registering with Companies House to indicate their primary business activity. The code is required for annual confirmation statements and is used by HMRC, ONS, and other government bodies for statistical and regulatory purposes.

How many UK companies use SIC code 70221?

There are currently 15,599 active companies registered under SIC code 70221 in the UK, out of 17,303 total registrations. This gives a survival rate of 90%, meaning 10% of companies registered under this code have since dissolved. These figures are based on Companies House data and updated regularly.

Where are most SIC 70221 companies located in the UK?

The top locations for financial management companies (SIC 70221) are: LONDON (3,860), MANCHESTER (189), GLASGOW (171), LEEDS (169), BRISTOL (165). Geographic concentration can reflect local economic conditions, industry clusters, or proximity to key markets and supply chains.

Is the financial management sector growing or declining in the UK?

The sector is growing: 51% of currently active SIC 70221 companies were formed since 2020, and 39% during the 2010s. This sustained formation rate indicates ongoing demand for financial management services in the UK.

What is the typical company profile for SIC code 70221?

Companies classified under SIC 70221 have an average age of 7.5 years. This suggests a balanced sector with both established players and newer entrants. Notable companies include WTW LTD.

What SIC codes are similar to 70221?

Related SIC codes within the same division include: 70229 (Management consultancy activities other than financial management), 70100 (Activities of head offices), 70210 (Public relations and communications activities), 7011 (Development and selling of real estate). Companies may use multiple SIC codes if they operate across several of these related activities. When registering with Companies House, businesses should select the code that best represents their primary activity.

How do I find companies registered under SIC code 70221?

You can search for companies with SIC code 70221 (Financial management) using UVAGATRON's company explorer, which allows filtering by SIC code, location, and company status. Alternatively, Companies House offers a basic search on their website. Our platform adds risk intelligence, director networks, and signals from 50+ government databases to each company record.

Explore Companies Under SIC 70221

Search, filter, and analyse 15,599 companies classified under this SIC code with AI-powered risk intelligence.

Data sourced from Companies House, HM Land Registry, FCA Register, and 50+ government databases. SIC classification follows the UK Standard Industrial Classification of Economic Activities 2007 (SIC 2007). Last updated: 2026-04-17.