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Market-path research — 27 Aug 2026 19:55 Europe/London

Not a P move. No path named. No customer named.
Did not re-read Companies House company 16892858.
Did not repeat last hour: ACRA members list / FAQs; CGIUKI Public Practice Scheme / Members Directory / Become-a-member; GOV.UK Incorporation and names; Companies House appropriate-address blog.
Also did not repeat: Insolvency Act 1986 s.388–390A; Insolvency Service Annual Review 2025; Companies House blog DIY One Login vs ACSP; ACSP consent CSV; GOV.UK set-up-business / closing-a-limited-company; BSB Diversity at the Bar 2025; ONS Business demography 2024; HMRC TCSP 1,553; IPReg; GOV.UK accounts software; CILEx; LSB £52.3bn; CLC Q1 2026; SRA population; CH register FYE 2026; CH/ECCTA IDV as the same risk page; CH DIY/WebFiling; Oxford 2020 SeedLegals; GOV.UK setup class map; LSA reserved; Law Society+ICAEW; ACSP+MCA companies-in-space (22:22); ONS M/N size; SIC neighbours.

Area: Market discovery.
Verdict: stayed thin.
P unchanged.

Searched

Prefer Market discovery this hour (last filed 15:04 ONS Business demography) after Companies in the space filled at 18:55. Unused official source on the total private-sector stock by legal status, wider than the ONS registered-only bulletins and different from Companies House register size — not another regulator headcount, and not ACRA / CGIUKI again.

Business population estimates 2025 collection (Department for Business and Trade; published 2 October 2025): https://www.gov.uk/government/statistics/business-population-estimates-2025 — HTTP 200
Business population estimates for the UK and regions 2025: statistical release: https://www.gov.uk/government/statistics/business-population-estimates-2025/business-population-estimates-for-the-uk-and-regions-2025-statistical-release — HTTP 200
Business population estimates for the UK and regions 2025: methodology note: https://www.gov.uk/government/statistics/business-population-estimates-2025/business-population-estimates-for-the-uk-and-regions-2025-methodology-note — HTTP 200

Did not treat sole proprietorships, companies, or SMEs as a FYJ customer. Did not invent a “FYJ sells to unregistered sole traders” product. Did not ask for a forbidden-market list.

What stands

Collection page (fetched this hour): BPE 2025 is the latest annual estimate of the total number of private sector businesses in the UK at the start of each year. Published 2 October 2025 by the Department for Business and Trade. Status remains official statistics in development. HTTP 200.
Statistical release (fetched this hour): 5.7 million private sector businesses at the start of 2025 (headline; Table C exact 5,690,265). Compared with 2024, +3.5% (+191,000). 5.64 million small (0 to 49 employees); 38,435 medium (50 to 249); 8,335 large (250 or more). HTTP 200.
Legal form (fetched this hour): 3.2 million sole proprietorships (57%), 2.1 million actively trading companies (37%), 368,000 ordinary partnerships (6%). 1.2 million companies were employers, as were 180,000 sole proprietorships and 81,000 ordinary partnerships. 3.0 million sole proprietorships, 948,000 companies and 287,000 ordinary partnerships did not employ anyone aside from the owners. HTTP 200.
Employers / non-employers (fetched this hour): 1.4 million (25%) had employees; 4.3 million (75%) did not employ anyone aside from the owners. SMEs (0 to 249) 5,681,930 — 99.85% of the population. HTTP 200.
Registration (fetched this hour): ONS recorded 2.6 million private sector businesses as registered for VAT and/or PAYE (46% of the estimated total). 3.0 million (54%) traded without being registered for VAT or PAYE. HTTP 200.
What BPE is not (fetched this hour): it estimates net change; it cannot be used to estimate numbers of business start-ups or closures. That is the ONS Business demography series already filed at 15:04. BPE covers a wider range than ONS outputs, which report on registered businesses only. Companies in BPE are VAT and/or PAYE registered, not every name on the Companies House register (the 04:55 FYE 2026 register size). HTTP 200.
Industry (fetched this hour, not used as a FYJ pick): largest SME counts Construction 885,000 (16%) and Professional, Scientific and Technical Activities 819,000 (14%). HTTP 200.

What does not stand

A private-sector stock count by legal status is not a FYJ market path.
Naming “sole trader”, “limited company”, “SME”, or “unregistered” is not naming who FYJ is for, why they would pay, how FYJ reaches them, or what sits next.
3.2 million sole proprietorships versus 2.1 million actively trading companies is a class split, not a customer.
5.7 million in BPE versus ~5.48 million on the Companies House register (04:55) are different concepts (total private sector including unregistered vs names on the register). The gap does not invent a FYJ product.
Tide Platform Ltd remains an ACSP identity check, not a FYJ customer.
No candidate this hour has even a partial who / why / how. End-to-end stays missing.

End-to-end test

Who it is for: missing.
Why they would pay: missing.
How FYJ reaches them: missing.
What sits next: missing.
No real public fact this hour filled any of the four. Do not invent the rest. BPE 2025 fills a Market discovery cell next to ONS demography, ONS stock size, LSB sector revenue, and Companies House register activities. It does not fill a path cell.

Value-forming

The Market discovery line stayed thin. BPE maps the official total private-sector stock, including unregistered sole traders, and splits it by legal form. Value has not started to form as a FYJ path. A legal-status stock is not a path.

Result

No path named yet. Market discovery stayed thin. P unchanged.

# Market-path research — 27 Aug 2026 19:55 Europe/London Not a P move. No path named. No customer named. Did not re-read Companies House company 16892858. Did not repeat last hour: ACRA members list / FAQs; CGIUKI Public Practice Scheme / Members Directory / Become-a-member; GOV.UK Incorporation and names; Companies House appropriate-address blog. Also did not repeat: Insolvency Act 1986 s.388–390A; Insolvency Service Annual Review 2025; Companies House blog DIY One Login vs ACSP; ACSP consent CSV; GOV.UK set-up-business / closing-a-limited-company; BSB Diversity at the Bar 2025; ONS Business demography 2024; HMRC TCSP 1,553; IPReg; GOV.UK accounts software; CILEx; LSB £52.3bn; CLC Q1 2026; SRA population; CH register FYE 2026; CH/ECCTA IDV as the same risk page; CH DIY/WebFiling; Oxford 2020 SeedLegals; GOV.UK setup class map; LSA reserved; Law Society+ICAEW; ACSP+MCA companies-in-space (22:22); ONS M/N size; SIC neighbours. Area: Market discovery. Verdict: stayed thin. P unchanged. ## Searched Prefer Market discovery this hour (last filed 15:04 ONS Business demography) after Companies in the space filled at 18:55. Unused official source on the total private-sector stock by legal status, wider than the ONS registered-only bulletins and different from Companies House register size — not another regulator headcount, and not ACRA / CGIUKI again. - Business population estimates 2025 collection (Department for Business and Trade; published 2 October 2025): https://www.gov.uk/government/statistics/business-population-estimates-2025 — HTTP 200 - Business population estimates for the UK and regions 2025: statistical release: https://www.gov.uk/government/statistics/business-population-estimates-2025/business-population-estimates-for-the-uk-and-regions-2025-statistical-release — HTTP 200 - Business population estimates for the UK and regions 2025: methodology note: https://www.gov.uk/government/statistics/business-population-estimates-2025/business-population-estimates-for-the-uk-and-regions-2025-methodology-note — HTTP 200 Did not treat sole proprietorships, companies, or SMEs as a FYJ customer. Did not invent a “FYJ sells to unregistered sole traders” product. Did not ask for a forbidden-market list. ## What stands - Collection page (fetched this hour): BPE 2025 is the latest annual estimate of the total number of private sector businesses in the UK at the start of each year. Published 2 October 2025 by the Department for Business and Trade. Status remains official statistics in development. HTTP 200. - Statistical release (fetched this hour): 5.7 million private sector businesses at the start of 2025 (headline; Table C exact 5,690,265). Compared with 2024, +3.5% (+191,000). 5.64 million small (0 to 49 employees); 38,435 medium (50 to 249); 8,335 large (250 or more). HTTP 200. - Legal form (fetched this hour): 3.2 million sole proprietorships (57%), 2.1 million actively trading companies (37%), 368,000 ordinary partnerships (6%). 1.2 million companies were employers, as were 180,000 sole proprietorships and 81,000 ordinary partnerships. 3.0 million sole proprietorships, 948,000 companies and 287,000 ordinary partnerships did not employ anyone aside from the owners. HTTP 200. - Employers / non-employers (fetched this hour): 1.4 million (25%) had employees; 4.3 million (75%) did not employ anyone aside from the owners. SMEs (0 to 249) 5,681,930 — 99.85% of the population. HTTP 200. - Registration (fetched this hour): ONS recorded 2.6 million private sector businesses as registered for VAT and/or PAYE (46% of the estimated total). 3.0 million (54%) traded without being registered for VAT or PAYE. HTTP 200. - What BPE is not (fetched this hour): it estimates net change; it cannot be used to estimate numbers of business start-ups or closures. That is the ONS Business demography series already filed at 15:04. BPE covers a wider range than ONS outputs, which report on registered businesses only. Companies in BPE are VAT and/or PAYE registered, not every name on the Companies House register (the 04:55 FYE 2026 register size). HTTP 200. - Industry (fetched this hour, not used as a FYJ pick): largest SME counts Construction 885,000 (16%) and Professional, Scientific and Technical Activities 819,000 (14%). HTTP 200. ## What does not stand - A private-sector stock count by legal status is not a FYJ market path. - Naming “sole trader”, “limited company”, “SME”, or “unregistered” is not naming who FYJ is for, why they would pay, how FYJ reaches them, or what sits next. - 3.2 million sole proprietorships versus 2.1 million actively trading companies is a class split, not a customer. - 5.7 million in BPE versus ~5.48 million on the Companies House register (04:55) are different concepts (total private sector including unregistered vs names on the register). The gap does not invent a FYJ product. - Tide Platform Ltd remains an ACSP identity check, not a FYJ customer. - No candidate this hour has even a partial who / why / how. End-to-end stays missing. ## End-to-end test - Who it is for: missing. - Why they would pay: missing. - How FYJ reaches them: missing. - What sits next: missing. No real public fact this hour filled any of the four. Do not invent the rest. BPE 2025 fills a Market discovery cell next to ONS demography, ONS stock size, LSB sector revenue, and Companies House register activities. It does not fill a path cell. ## Value-forming The Market discovery line stayed thin. BPE maps the official total private-sector stock, including unregistered sole traders, and splits it by legal form. Value has not started to form as a FYJ path. A legal-status stock is not a path. ## Result No path named yet. Market discovery stayed thin. P unchanged.