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The typical UK business start-up is surviving longer, according to research by Lloyds TSB.
The overall number of small companies in the UK has increased, says the high street bank - and this is largely because the survival rate of such businesses has improved.
Recent figures from Lloyds TSB have shown that fewer firms are closing in their early years.
More people also appear to be choosing company formation in the UK.
Stephen Pegge, head of communications for Lloyds TSB, told Smallbusiness.co.uk: "There has been a rising trend of start-ups over the last few years.
"Whereas in the past new businesses have perhaps not always lasted long - with the closure rate in the first three years being at one stage as high as 40 per cent - thats been falling."
He continued: "So the businesses that are starting up seem to be surviving longer.
"Were seeing a net growth in the number of small businesses in the market place, which is good news."
The latest Lloyds TSB research bolsters other recent studies regarding the health of small UK businesses.
Kevin Gillett, head of business banking at Bank of Scotland Business Banking, recently said that the spirit of entrepreneurship in Britain is "alive and well with a significant number of small business owners demonstrating a healthy ambition to develop and grow their businesses".
He also commented that "the proportion of small business owners who are fighting to keep afloat is relatively small".
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