09/2019

Startups in EdinburgH

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

STARTUPS Born Last Month

423

Total new company registrations went down from 509 to 423 ▼-17% between July and August.

The Scottish capital Edinburgh has long been recognised as the powerhouse of the Scottish economy and is one of the most prosperous parts of the UK, coming second only to London in average gross annual earnings per resident.

As it is at the centre of the Scottish government and legal system, many government departments and public sector agencies have chosen to locate their headquarters in Edinburgh, providing a wide range of public sector employment opportunities. The two largest employers within the city are the National Health Service and the City of Edinburgh Council.

A major centre for the banking industry, Edinburgh is ranked as the second largest financial centre in the UK (after the City of London) and the fourth in Europe. Other significant industries in the area include technology and software which employs an estimated 17,136 people in the area, and tourism which supports 30,000 jobs within the city, generating annual revenue of around £1.16 billion.

Edinburgh Startups by Industry Classification

Following the top 25 most popular standard industry classifications in Leeds for recent newly founded companies. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorAugustJuly
Other letting and operating of own or leased real estate26 ▲4%25
Other business support service activities n.e.c.23 ▼-18%28
Management consultancy activities other than financial management22 ▼-4%23
Information technology consultancy activities20 ▼-13%23
Licensed restaurants18 ▲125%8
Buying and selling of own real estate15 ▼-29%21
Retail sale via mail order houses or via Internet13 ▼-13%15
Other service activities n.e.c.13 ▼-19%16
Other professional, scientific and technical activities n.e.c.10 ▼-38%16
Business and domestic software development10 ▼-23%13
Take-away food shops and mobile food stands8 ▼-58%19
Joinery installation8 ▲100%4
Hairdressing and other beauty treatment8 ▼-11%9
Development of building projects8 8
Public houses and bars8 ▲167%3
Other food services8 ▲60%5
Management of real estate on a fee or contract basis8 ▲60%5
Other information technology service activities7 ▼-13%8
Hotels and similar accommodation7 ▲133%3
Electrical installation6 ▲500%1
Other research and experimental development on natural sciences and engineering6 ▲50%4
Unlicensed restaurants and cafes6 ▲50%4
Specialised design activities5 ▼-17%6
Other human health activities5 ▼-29%7
Engineering related scientific and technical consulting activities5 ▼-17%6

Top EDINBURGH Startup Sectors

These are our groupings of SIC codes to obtain a clearer view of the startup ecosystem.  The change indicators are how far Edinburgh 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 Edinburgh to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Edinburgh
Food & Beverage Service10.85% ▲77%
Construction9.95% ▲3%
Real Estate9.76% ▼-3%
Other Professional Services8.68% ▲36%
Retail5.97% ▼-22%
Other Support Activity4.70% ▼-5%
Management Consulting3.98% ▼-5%
IT Consultancy3.62% ▲39%
Transportation3.07% ▼-19%
Software Publishing & Development2.89% ▲43%
Wholesalers & Agents2.53% ▼-29%
Financial Services2.35% ▼-22%
Other Services2.35% ▼-34%
Other IT Services1.99% ▲19%
Other Manufacturing1.63% ▲41%
Top 15 National Startup Sector Activities
Real Estate10.08%
Construction9.70%
Retail7.67%
Other Professional Services6.37%
Food & Beverage Service6.13%
Other Support Activity4.97%
Management Consulting4.17%
Transportation3.80%
Wholesalers & Agents3.57%
Other Services3.56%
Financial Services3.02%
Health & Medical Services2.92%
IT Consultancy2.61%
Education2.39%
Software Publishing & Development2.02%
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

Mr57.39%
Unknown13.70%
Mrs12.21%
Miss7.71%
Ms6.00%
Dr2.57%
Councillor0.21%
Lord0.21%

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.

31-4029.55%
41-5027.84%
21-3020.34%
51-6015.42%
Over 606.00%
Under 210.86%

Experience

The average number of active directorships held by this sample is 1.31 (nationally for the same period it’s 1.29)
Sample Size

199

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