07/2019

Startups in Birmingham

Startups in Birmingham tracked and analysed on a monthly basis within a ten mile radius of the glorious Victoria Square.

STARTUPS BORN LAST MONTH

1792

Total new company registrations went down from 1,969 to 1,792 ▼-9% between May and June.

Located in the centre of England, Birmingham has a history of being a major centre for manufacturing and engineering. It has the second largest city economy in the UK is ranked as the third most globally influential city in the UK, being beaten to the top spot by London, and second place by Manchester.

Despite its historical prominence in the manufacturing industry, the value of manufacturing output from Birmingham declined by 21% between 1997 and 2010, and today manufacturing accounts for just 8% of employment within the city. A notable exception to this trend is Birmingham’s jewellery industry, which is responsible for 40% of the jewellery made in the UK. The service sector now dominates the economy of the area, accounting for 88% of employment, and with major conference and exhibition facilities such as the National Exhibition Centre and the International Convention Centre, Birmingham is home to 42% of the UK’s total exhibition and conference trade.

Birmingham Startups by Industry Classification

Following the top 25 most popular kinds of business in Birmingham for recent startup births. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJuneMay
Other service activities n.e.c.120 ▲1%119
Freight transport by road109 ▼-7%117
Other letting and operating of own or leased real estate94 ▼-11%106
Take-away food shops and mobile food stands92 ▼-14%107
Buying and selling of own real estate72 ▼-23%93
Other business support service activities n.e.c.63 ▲5%60
Management consultancy activities other than financial management53 ▼-27%73
Retail sale via mail order houses or via Internet42 ▼-5%44
Development of building projects40 ▲11%36
Information technology consultancy activities39 ▲5%37
Event catering activities39 ▲3%38
Management of real estate on a fee or contract basis35 ▼-29%49
Construction of domestic buildings34 ▼-6%36
Unlicensed restaurants and cafes34 ▲42%24
Other building completion and finishing33 ▼-3%34
Other human health activities28 ▼-40%47
Residents property management27 ▼-4%28
Maintenance and repair of motor vehicles26 ▲8%24
Retail sale of clothing in specialised stores21 ▲50%14
Activities of other holding companies n.e.c.20 ▼-47%38
Licensed restaurants20 ▼-47%38
Hairdressing and other beauty treatment20 ▼-46%37
Other retail sale not in stores, stalls or markets19 ▲6%18
Retail sale in non-specialised stores with food, beverages or tobacco predominating19 ▲6%18
Other retail sale in non-specialised stores19 ▲36%14

Top Birmingham Startup Sectors

It’s easier to group SIC codes to give a broader overview of the startup economy.  The change indicators are how far Birmingham statistics differ from national averages for the same period.  These figures represent the percentage of all startups, nationally or locally, that fall into each particular category (NB: so when comparing Birmingham to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Birmingham
Real Estate11.17% ▲13%
Food & Beverage Service10.31% ▲48%
Construction9.82% ▼-4%
Retail8.12% ▲13%
Transportation7.67% ▲58%
Other Services5.38% ▲51%
Wholesalers & Agents4.75% ▲21%
Other Support Activity3.77% ▼-12%
Other Professional Services3.32% ▼-46%
Residential Care & Support2.65% ▲59%
Health & Medical Services2.47% ▼-11%
Motor Trade2.42% ▲30%
Education2.42% ▲5%
Management Consulting2.38% ▼-43%
Financial Services2.20% ▼-29%
Top 15 National Startup Sector Activities
Construction10.24%
Real Estate9.85%
Retail7.17%
Food & Beverage Service6.95%
Other Professional Services6.20%
Transportation4.85%
Other Support Activity4.27%
Management Consulting4.15%
Wholesalers & Agents3.94%
Other Services3.57%
Financial Services3.08%
IT Consultancy2.83%
Health & Medical Services2.77%
Education2.30%
Software Publishing & Development1.93%
Startups Analysed By Industry

Director Profiles

Honorific Titles

Percentage frequency of different titles used by directors starting companies in the period. We can reasonably assume that the majority of “Mr” are male, and “Miss,Ms or Mrs” are female, thereby giving us a male / female ratio of .

M/F Ratio

1:1

Mr66.26%
Mrs11.45%
Unknown9.45%
Miss6.56%
Ms4.28%
Dr1.95%
Md0.06%

Age & EXPERIENCE

These are the approximate age ranges for the directors who are involved with the companies started in the period, along with the average number of directorships held when they started their new business.

31-4032.07%
41-5024.51%
21-3022.01%
51-6015.34%
Over 604.50%
Under 211.56%

Experience

The average number of active directorships held by this sample is 1.33 (nationally for the same period it’s 1.3)
Sample Size

199

Data prepared by The Mailing Company – providing continuous, targeted automated direct mail.