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Rise in UK female entrepreneur exits bucks downturn drop

female exits
Image credit: GoHenry

The number of company exits by UK female-run or owned businesses has risen from five in 2013 to 171 last year, new data has shown.

The figures, compiled by J.P. Morgan Private Bank, show that the 16.3% year-on-year rise in female exits bucked a decline in the number of overall “high-growth” company exits, which fell by 15.2% over the same period.

However, the total value of exits for female-led firms declined from £2.96bn in 2021 to £1.58bn in 2022.

“Women-powered companies are still underrepresented in the cohort of exited businesses and not achieving the same growth in exit values,” said Charlotte Bobroff, co-head of UK Women & Wealth J.P. Morgan Private Bank.

The UK as of last year was home to 7,225 female founders and 6,443 female leaders, the report found....