07/2019

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

410

Total new company registrations went down from 505 to 410 ▼-19% between May and June.

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

Measuring the top 25 most popular standard industry classifications in Leeds for recent start-ups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJuneMay
Management consultancy activities other than financial management34 ▲89%18
Information technology consultancy activities26 ▲24%21
Other business support service activities n.e.c.21 ▼-13%24
Other letting and operating of own or leased real estate17 ▼-35%26
Licensed restaurants13 ▲8%12
Buying and selling of own real estate12 ▲33%9
Development of building projects10 ▲11%9
Unlicensed restaurants and cafes10 ▼-23%13
Other service activities n.e.c.9 ▼-59%22
Retail sale via mail order houses or via Internet8 ▼-27%11
Freight transport by road8 ▲60%5
Take-away food shops and mobile food stands8 ▼-53%17
Other professional, scientific and technical activities n.e.c.7 ▼-46%13
Business and domestic software development7 ▲17%6
Event catering activities7 ▼-30%10
Other information technology service activities6 ▼-14%7
Other sports activities6 ▲20%5
Other engineering activities6 ▲50%4
Construction of domestic buildings5 ▼-38%8
Other specialised construction activities n.e.c.5 ▼-17%6
Specialised design activities5 5
Public houses and bars5 ▼-55%11
Other food services5 ▲67%3
Agents involved in the sale of a variety of goods5 ▲150%2
Sale of used cars and light motor vehicles5 ▲400%1

Top EDINBURGH Startup Sectors

It’s easier to group SIC codes to give a higher 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 Service10.68% ▲54%
Construction8.21% ▼-20%
Real Estate7.60% ▼-23%
Retail7.39% ▲3%
Other Professional Services6.98% ▲13%
Management Consulting6.98% ▲68%
IT Consultancy5.34% ▲89%
Other Support Activity5.34% ▲25%
Transportation4.31% ▼-11%
Financial Services3.70% ▲20%
Education2.67% ▲16%
Sports2.46% ▲91%
Wholesalers & Agents2.26% ▼-43%
Other Services2.05% ▼-43%
Accounting1.85% ▲28%
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

Mr61.95%
Unknown12.83%
Mrs9.51%
Ms7.30%
Miss5.75%
Dr2.21%
Me0.22%
Professor0.22%

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.

31-4031.86%
41-5027.21%
21-3020.35%
51-6013.50%
Over 605.31%
Under 211.77%

Experience

The average number of active directorships held by this sample is 1.25 (nationally for the same period it’s 1.3)
Sample Size

199

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