02/2020

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

454

Total new company registrations climbed from 364 to 454 between December and January.

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

Evaluating the top 25 most popular business types in Leeds for recent start-ups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJanuaryDecember
Management consultancy activities other than financial management33 ▲65%20
Information technology consultancy activities17 ▼-29%24
Take-away food shops and mobile food stands16 16
Other letting and operating of own or leased real estate15 ▼-53%32
Unlicensed restaurants and cafes15 ▲650%2
Buying and selling of own real estate14 14
Other service activities n.e.c.12 ▼-8%13
Licensed restaurants12 ▲50%8
Business and domestic software development11 ▲22%9
Dormant Company10 ▲11%9
Retail sale via mail order houses or via Internet10 ▲67%6
Other business support service activities n.e.c.9 ▼-64%25
Other professional, scientific and technical activities n.e.c.8 ▲60%5
Public houses and bars7 ▲133%3
Non-trading company7 ▲250%2
Other food services7 ▲250%2
Event catering activities7 ▲600%1
Residents property management7 ▲75%4
Development of building projects7 ▼-30%10
Construction of domestic buildings6 ▲100%3
Engineering related scientific and technical consulting activities6 ▲20%5
Plumbing, heat and air-conditioning installation6 6
Wholesale of wine, beer, spirits and other alcoholic beverages5 ▲67%3
Other information technology service activities5 5
Other human health activities5 ▲150%2

Top EDINBURGH Startup Sectors

We have grouped SIC codes to give a higher view of the startup economy.  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 Service12.97% ▲75%
Retail7.82% ▼-4%
Other Professional Services7.28% ▲21%
Real Estate7.10% ▼-35%
Construction6.93% ▼-35%
Management Consulting5.86% ▲48%
Wholesalers & Agents4.80% ▲16%
IT Consultancy3.02% ▲44%
Non Trading or Dormant Companies3.02% ▲144%
Software Publishing & Development2.84% ▲46%
Transportation2.66% ▼-34%
Other Services2.13% ▼-33%
Other Support Activity2.13% ▼-32%
Other Manufacturing1.78% ▲75%
Financial Services1.78% ▼-44%
Top 15 National Startup Sector Activities
Real Estate10.84%
Construction10.70%
Retail8.14%
Food & Beverage Service7.40%
Other Professional Services6.01%
Wholesalers & Agents4.14%
Transportation4.00%
Management Consulting3.97%
Financial Services3.20%
Other Services3.18%
Other Support Activity3.15%
Health & Medical Services2.57%
Education2.24%
IT Consultancy2.09%
Motor Trade1.96%
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

Mr62.39%
Mrs11.52%
Unknown9.35%
Ms8.70%
Miss5.43%
Dr2.17%
Professor0.22%
The Honourable0.22%

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.

31-4030.43%
41-5026.30%
21-3018.04%
51-6017.61%
Over 606.09%
Under 211.52%

Experience

The average number of active directorships held by this sample is 1.23 (nationally for the same period it’s 1.26)
Sample Size

199

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