11/2019

Startups in GLASGOW

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

New Businesses Born Last Month

918

Amazingly, the number of new businesses created stayed exactly the same at 918 between September and October.

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 business types in Glasgow for recent startups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorOctoberSeptember
Take-away food shops and mobile food stands46 46
Other letting and operating of own or leased real estate40 40
Other business support service activities n.e.c.40 40
Other service activities n.e.c.38 38
Management consultancy activities other than financial management37 37
Retail sale via mail order houses or via Internet32 32
Buying and selling of own real estate22 22
Hairdressing and other beauty treatment19 19
Licensed restaurants18 18
Maintenance and repair of motor vehicles17 17
Information technology consultancy activities17 17
Unlicensed restaurants and cafes16 16
Electrical installation16 16
Retail sale in non-specialised stores with food, beverages or tobacco predominating15 15
Public houses and bars15 15
Development of building projects14 14
Other specialised construction activities n.e.c.14 14
Freight transport by road14 14
Other human health activities14 14
Other engineering activities13 13
Construction of domestic buildings12 12
Other building completion and finishing12 12
Other food services12 12
Other construction installation10 10
Joinery installation9 9

Top GLASGOW Startup Sectors

These are our groupings of SIC codes to obtain a clearer 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
Construction11.85% ▲18%
Food & Beverage Service11.04% ▲55%
Retail10.23% ▲34%
Real Estate7.81% ▼-21%
Other Professional Services4.67% ▼-25%
Other Support Activity4.58% ▲8%
Transportation3.95% ▼-13%
Wholesalers & Agents3.77% ▲3%
Other Services3.59% ▼-6%
Management Consulting3.32% ▼-18%
Health & Medical Services2.69% ▼-11%
Financial Services2.60% ▼-14%
Motor Trade1.97% ▲6%
Facilities Management1.80% ▲16%
Software Publishing & Development1.71% ▼-10%
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

Mr67.68%
Mrs9.51%
Unknown8.11%
Miss6.49%
Ms6.38%
Dr1.73%
Sheikh0.11%

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.

31-4033.73%
41-5023.24%
51-6017.41%
21-3016.32%
Over 606.81%
Under 212.49%

Experience

The average number of active directorships held by this sample is 1.37 (nationally for the same period it’s 1.27)
Sample Size

199

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