02/2020

Startups in GLASGOW

Startups in Glasgow examined through the entrepreneur data sets that power the mailing co.

New Businesses Born Last Month

949

Total new company registrations climbed from 605 to 949 between December and January.

Glasgow is the largest urban economic centre and one of the quickest growing cities in the UK with over 48,000 businesses (28% of Scottish companies) and supports 856,000 jobs (34% of all Scottish companies).

Glasgow generated a GVA of £29.10 per hour and a VVA of £ 47,513 per job in 2017. 

It is among the most significant financial centre in the UK and is home to some of the world’s leading financial institutions and global companies. These firms are global leaders in precision medicine, research services, and engineering.

GLASGOW Startups by Industry Classification

Measuring the top 25 most popular kinds of business in Glasgow for recent new businesses started. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJanuaryDecember
Take-away food shops and mobile food stands54 ▲42%38
Other letting and operating of own or leased real estate51 ▲143%21
Other service activities n.e.c.43 ▲87%23
Hairdressing and other beauty treatment31 ▲35%23
Management consultancy activities other than financial management30 ▲25%24
Buying and selling of own real estate27 ▲69%16
Retail sale via mail order houses or via Internet26 ▲13%23
Licensed restaurants26 ▲44%18
Information technology consultancy activities22 ▲144%9
Plumbing, heat and air-conditioning installation18 ▲80%10
Other business support service activities n.e.c.17 ▼-23%22
Joinery installation17 ▲183%6
Public houses and bars17 ▲89%9
Other engineering activities14 ▲250%4
Unlicensed restaurants and cafes13 ▲18%11
Development of building projects13 ▲63%8
Other construction installation12 ▲200%4
Dormant Company12 ▲200%4
Maintenance and repair of motor vehicles12 ▲20%10
Construction of domestic buildings12 ▲100%6
Other retail sale not in stores, stalls or markets12 ▲71%7
Other human health activities12 12
Specialists medical practice activities12 ▲1,100%1
Other retail sale in non-specialised stores11 ▲38%8
Electrical installation11 ▲267%3

Top GLASGOW Startup Sectors

These are our groupings of SIC codes to give a higher view of the startup ecosystem.  The change indicators are how far Glasgow 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 Glasgow to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Glasgow
Construction12.02% ▲12%
Food & Beverage Service11.35% ▲53%
Retail9.27% ▲14%
Real Estate8.43% ▼-22%
Other Professional Services6.01%
Wholesalers & Agents5.34% ▲29%
Other Services3.67% ▲15%
Health & Medical Services2.84% ▲11%
Transportation2.67% ▼-33%
Beauty Industry2.59% ▲81%
Management Consulting2.50% ▼-37%
Software Publishing & Development2.25% ▲16%
Financial Services2.17% ▼-32%
Other Support Activity2.09% ▼-34%
Motor Trade1.92% ▼-2%
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

Mr66.49%
Mrs11.83%
Miss7.37%
Unknown6.54%
Ms5.39%
Dr2.39%

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.

31-4029.88%
41-5024.59%
21-3020.44%
51-6017.95%
Over 606.43%
Under 210.73%

Experience

The average number of active directorships held by this sample is 1.27 (nationally for the same period it’s 1.26)
Sample Size

199

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