04/2020

Startups in GLASGOW

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

New Businesses Born Last Month

952

Amazingly, the number of new businesses created stayed exactly the same at 952 between February and March.

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 startup births. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorMarchFebruary
Take-away food shops and mobile food stands57 57
Other letting and operating of own or leased real estate49 49
Other service activities n.e.c.42 42
Management consultancy activities other than financial management33 33
Retail sale via mail order houses or via Internet28 28
Buying and selling of own real estate25 25
Development of building projects23 23
Other business support service activities n.e.c.22 22
Hairdressing and other beauty treatment22 22
Licensed restaurants21 21
Unlicensed restaurants and cafes21 21
Public houses and bars17 17
Construction of domestic buildings17 17
Other construction installation14 14
Hotels and similar accommodation14 14
Other engineering activities14 14
Other building completion and finishing13 13
Information technology consultancy activities13 13
Other human health activities13 13
Plumbing, heat and air-conditioning installation12 12
Other specialised construction activities n.e.c.12 12
Event catering activities12 12
Retail sale in non-specialised stores with food, beverages or tobacco predominating11 11
Retail sale of clothing in specialised stores11 11
Management of real estate on a fee or contract basis11 11

Top GLASGOW Startup Sectors

These are our groupings of SIC codes to get a higher level explanation of the startup economy.  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
Food & Beverage Service13.20% ▲81%
Construction12.59% ▲16%
Retail9.00% ▲14%
Real Estate9.00% ▼-26%
Other Professional Services6.73% ▲11%
Wholesalers & Agents4.02%
Other Services3.67% ▲21%
Management Consulting2.88% ▼-24%
Other Support Activity2.80% ▼-13%
Transportation2.62% ▼-38%
Health & Medical Services2.19% ▼-16%
Financial Services2.19% ▼-33%
Motor Trade1.92%
Facilities Management1.92% ▲13%
Beauty Industry1.92% ▲49%
Top 15 National Startup Sector Activities
Real Estate12.12%
Construction10.88%
Retail7.90%
Food & Beverage Service7.29%
Other Professional Services6.06%
Transportation4.22%
Wholesalers & Agents4.02%
Management Consulting3.77%
Financial Services3.29%
Other Support Activity3.22%
Other Services3.04%
Health & Medical Services2.61%
Education2.38%
Motor Trade1.92%
IT Consultancy1.82%
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

Mr64.26%
Unknown11.57%
Mrs11.17%
Miss5.38%
Ms5.28%
Dr2.23%
Professor0.10%

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.

31-4033.60%
41-5026.29%
51-6016.04%
21-3015.13%
Over 607.82%
Under 211.12%

Experience

The average number of active directorships held by this sample is 1.27 (same as the national figure.)
Sample Size

199

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