Here's where you should base your business along the Tube map for the highest turnover

 
Rebecca Smith
Waterloo businesses have the highest average annual turnover
Waterloo businesses have the highest average annual turnover (Source: Getty)

Got a feeling your business isn't living up to its potential?

Well perhaps a change of scenery might cure the malaise. According to data intelligence firm DueDil, firms based along the Bakerloo line have the highest annual turnover and average growth rate.

For specific stations, Waterloo had the highest average turnover of £2.53bn and is followed by Paddington (£783m), Victoria (£575m), Cannon Street (£447m) and St. Paul's (£283m).

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The high average turnover of businesses local to Waterloo was predominantly because of the presence of oil giant Royal Dutch Shell Group PLC and its subsidiary, Shell Trading International Limited. Both companies ranked in the top three for annual turnover among all firms included in the study.

HSBC was in the second spot, with its closest station being Tower Hill and Audible in fourth, with Barbican station nearby.

Bayswater had the highest average growth rate for businesses at 77.75 per cent, followed by Gloucester Road (66.72 per cent), Embankment (at 44.73 per cent), Warren Street (35 per cent) and Mansion House (33.84 per cent).

DueDil looked at companies with a reported annual turnover in excess of £5m with a registered trading address in central London. The 11,475 companies that fit the criteria were then mapped to their nearest Zone 1 Tube station. The Waterloo & City line was excluded as it only consists of two stations.

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Top 10 Tube lines on average annual turnover:

Tube line

Average annual growth rate

Average annual turnover

Bakerloo

22.14 per cent

£286,296,440

Jubilee

20.96 per cent

£284,694,426

Victoria

20.24 per cent

£222,234,973

Central

19.92 per cent

£160,804,167

District

19.61 per cent

£195,400,550

Piccadilly

19.22 per cent

£151,464,664

Northern

18.08 per cent

£236,620,467

Circle

17.43 per cent

£175,930,727

Hammersmith & City

15.81 per cent

£151,951,931

Metropolitan

15.71 per cent

£149,739,703

Top 10 stations on average annual turnover:

London Tube station

Average annual turnover

Average annual growth rate

Waterloo

£2,647,903,496

19.63 per cent

Paddington

£802,683,733

16.59 per cent

Cannon Street

£471,020,077

21.05 per cent

Victoria

£414,670,193

17.18 per cent

St. Pauls

£302,938,326

18.53 per cent

Warren Street

£297,364,303

35.00 per cent

St. James's Park

£291,774,931

20.09 per cent

Charing Cross

£275,336,090

22.67 per cent

Barbican

£264,484,093

14.29 per cent

Pimlico

£262,488,052

11.80 per cent

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