11/2019

Startups in Cardiff

Startups in Cardiff tracked by The Mailing Company across all sectors and compared against national statistics for new businesses.

STARTUPS Born Last Month

387

Amazingly, the number of new businesses created stayed exactly the same at 387 between September and October.

The capital city of Wales, Cardiff is at the centre of growth in the Welsh Economy and is responsible for nearly 20% of Welsh GDP (gross domestic product). Once a centre of coal and steel production, Cardiff is now home to the Welsh media with ITV Wales, BBC Wales, and S4C all having studios in the city. The economy in Cardiff relies heavily on the finance, retail, media and tourism sectors. The city has undergone major regeneration in recent years which has helped to significantly increase the levels of tourism in the area.

The largest sector in the city is public administration, health and education which employs 32% of the city’s workforce, this is followed by retail and tourism with 20.4% and financial and business services with 20%. The retail industry in the area enjoyed a significant boost in 2009 with the opening of the St David’s Centre, one of the largest shopping centres in the UK. In recent years there has also been growth in the construction, transport and communications industries, mirroring that of national trends.

Cardiff Startups by Industry Classification

Following the top 25 most popular kinds of business in Cardiff for recent start-ups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorOctoberSeptember
Other letting and operating of own or leased real estate26 26
Buying and selling of own real estate19 19
Retail sale via mail order houses or via Internet14 14
Management of real estate on a fee or contract basis14 14
Hairdressing and other beauty treatment14 14
Take-away food shops and mobile food stands12 12
Development of building projects11 11
Maintenance and repair of motor vehicles11 11
Management consultancy activities other than financial management11 11
Other service activities n.e.c.10 10
Other specialised construction activities n.e.c.9 9
Other human health activities8 8
Other business support service activities n.e.c.7 7
Business and domestic software development7 7
Other engineering activities7 7
Information technology consultancy activities7 7
Electrical installation6 6
Other building completion and finishing6 6
Freight transport by road6 6
Other construction installation5 5
Other food services5 5
Advertising agencies5 5
Other professional, scientific and technical activities n.e.c.5 5
Educational support services5 5
Dental practice activities5 5

Top Cardiff Startup Sectors

It’s easier to group SIC codes to give a higher view of the startup economy.  The change indicators are how far Cardiff 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 Cardiff to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Cardiff
Real Estate14.05% ▲42%
Construction12.63% ▲26%
Other Professional Services8.35% ▲34%
Retail8.15% ▲7%
Food & Beverage Service6.92% ▼-3%
Health & Medical Services4.48% ▲48%
Motor Trade3.05% ▲65%
Education2.85% ▲21%
Beauty Industry2.85% ▲132%
Sports2.85% ▲124%
Transportation2.65% ▼-41%
Financial Services2.65% ▼-13%
Management Consulting2.24% ▼-45%
Software Publishing & Development2.24% ▲18%
Other Services2.04% ▼-46%
Top 15 National Startup Sector Activities
Construction10.05%
Real Estate9.90%
Retail7.65%
Food & Beverage Service7.10%
Other Professional Services6.22%
Transportation4.52%
Other Support Activity4.24%
Management Consulting4.07%
Other Services3.81%
Wholesalers & Agents3.67%
Financial Services3.03%
Health & Medical Services3.03%
IT Consultancy2.55%
Education2.35%
Software Publishing & Development1.90%
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

Mr66.35%
Mrs9.86%
Unknown8.65%
Miss6.97%
Dr4.57%
Ms3.13%
Lord0.24%
Me0.24%

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.

31-4030.29%
41-5026.68%
21-3020.67%
51-6014.18%
Over 607.21%
Under 210.96%

Experience

The average number of active directorships held by this sample is 1.15 (nationally for the same period it’s 1.27)
Sample Size

199

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