11/2019

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

464

Amazingly, the number of new businesses created stayed exactly the same at 464 between September and October.

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 types of business in Leeds for recent newly founded companies. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorOctoberSeptember
Other letting and operating of own or leased real estate25 25
Other business support service activities n.e.c.24 24
Information technology consultancy activities21 21
Management consultancy activities other than financial management21 21
Take-away food shops and mobile food stands17 17
Other service activities n.e.c.17 17
Buying and selling of own real estate15 15
Retail sale via mail order houses or via Internet14 14
Licensed restaurants14 14
Business and domestic software development11 11
Other professional, scientific and technical activities n.e.c.11 11
Development of building projects10 10
Other information technology service activities8 8
Other construction installation8 8
Public houses and bars8 8
Taxi operation8 8
Construction of domestic buildings7 7
Painting7 7
Other building completion and finishing7 7
Agents involved in the sale of a variety of goods7 7
Financial management7 7
Specialised design activities7 7
Other human health activities7 7
Accounting and auditing activities6 6
Advertising agencies6 6

Top EDINBURGH Startup Sectors

We have grouped SIC codes to give a broader overview 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
Construction11.30% ▲12%
Food & Beverage Service9.78% ▲38%
Other Professional Services9.27% ▲49%
Real Estate8.60% ▼-13%
Retail6.41% ▼-16%
Other Support Activity4.89% ▲15%
Wholesalers & Agents3.54% ▼-4%
IT Consultancy3.54% ▲39%
Management Consulting3.54% ▼-13%
Software Publishing & Development3.54% ▲86%
Accounting3.04% ▲116%
Transportation2.87% ▼-37%
Other Services2.87% ▼-25%
Health & Medical Services2.70% ▼-11%
The Arts2.02% ▲47%
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

Mr63.48%
Mrs12.89%
Unknown8.01%
Miss6.45%
Ms5.66%
Dr3.32%
Lord0.20%

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.

31-4031.84%
41-5025.39%
21-3019.14%
51-6015.23%
Over 607.23%
Under 211.17%

Experience

The average number of active directorships held by this sample is 1.23 (nationally for the same period it’s 1.27)
Sample Size

199

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