04/2020

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

1999

Amazingly, the number of new businesses created stayed exactly the same at 1,999 between February and March.

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

Comparing the top 25 most popular business types in Birmingham for recent startups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorMarchFebruary
Other service activities n.e.c.167 167
Other letting and operating of own or leased real estate141 141
Freight transport by road110 110
Buying and selling of own real estate108 108
Management consultancy activities other than financial management65 65
Take-away food shops and mobile food stands60 60
Retail sale via mail order houses or via Internet54 54
Management of real estate on a fee or contract basis54 54
Other business support service activities n.e.c.52 52
Other human health activities46 46
Event catering activities45 45
Development of building projects40 40
Hairdressing and other beauty treatment35 35
Construction of domestic buildings32 32
Other retail sale not in stores, stalls or markets32 32
Activities of other holding companies n.e.c.29 29
Educational support services28 28
Information technology consultancy activities27 27
Residents property management26 26
Other education n.e.c.25 25
Other building completion and finishing24 24
Maintenance and repair of motor vehicles23 23
Unlicensed restaurants and cafes23 23
Sale of used cars and light motor vehicles21 21
Licensed restaurants21 21

Top Birmingham Startup Sectors

We have grouped SIC codes to give a higher view of the new business startup environment.  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 Estate14.89% ▲23%
Construction8.77% ▼-19%
Food & Beverage Service8.53% ▲17%
Retail8.37% ▲6%
Other Services6.76% ▲122%
Transportation6.16% ▲46%
Wholesalers & Agents4.39% ▲9%
Other Professional Services3.62% ▼-40%
Health & Medical Services3.58% ▲37%
Education3.30% ▲39%
Other Support Activity3.02% ▼-6%
Motor Trade2.74% ▲43%
Management Consulting2.62% ▼-31%
Residential Care & Support2.62% ▲76%
Financial Services2.41% ▼-27%
Top 15 National Startup Sector Activities
Real Estate12.12%
Construction10.88%
Retail7.90%
Food & Beverage Service7.29%
Other Professional Services6.06%
Transportation4.22%
Wholesalers & Agents4.02%
Management Consulting3.77%
Financial Services3.29%
Other Support Activity3.22%
Other Services3.04%
Health & Medical Services2.61%
Education2.38%
Motor Trade1.92%
IT Consultancy1.82%
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

Mr68.45%
Mrs11.65%
Unknown7.12%
Miss7.01%
Ms3.29%
Dr2.27%
Lord0.05%
Owner0.05%
Professor0.05%
The Honourable0.05%

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.

31-4032.61%
41-5025.44%
21-3020.86%
51-6014.07%
Over 605.28%
Under 211.73%

Experience

The average number of active directorships held by this sample is 1.21 (nationally for the same period it’s 1.27)
Sample Size

199

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