09/2019

Startups in GLASGOW

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

New Businesses Born Last Month

952

Total new company registrations climbed from 905 to 952 between July and August.

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

Tracking the top 25 most popular standard industry classifications in Glasgow for recent new businesses started. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorAugustJuly
Other service activities n.e.c.59 ▲90%31
Take-away food shops and mobile food stands47 ▲31%36
Other letting and operating of own or leased real estate45 ▲13%40
Management consultancy activities other than financial management45 ▲50%30
Other business support service activities n.e.c.32 ▲19%27
Accounting and auditing activities28 ▲600%4
Buying and selling of own real estate23 23
Hairdressing and other beauty treatment22 ▼-12%25
Unlicensed restaurants and cafes22 ▲47%15
Public houses and bars21 ▲31%16
Retail sale via mail order houses or via Internet18 ▼-10%20
Other specialised construction activities n.e.c.17 ▲42%12
Development of building projects17 ▲113%8
Freight transport by road16 ▼-33%24
Plumbing, heat and air-conditioning installation14 ▲56%9
Other human health activities13 ▲63%8
Information technology consultancy activities12 ▼-48%23
Construction of domestic buildings12 ▼-8%13
Retail sale in non-specialised stores with food, beverages or tobacco predominating12 ▲20%10
Residents property management12 ▲71%7
Other engineering activities11 ▼-35%17
Licensed restaurants11 ▼-56%25
Other information technology service activities11 ▲38%8
Other building completion and finishing11 ▲57%7
Other construction installation11 ▼-8%12

Top GLASGOW Startup Sectors

It’s easier to group SIC codes to give a broader overview 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
Construction12.71% ▲31%
Food & Beverage Service11.12% ▲81%
Real Estate8.47% ▼-16%
Other Professional Services6.27% ▼-2%
Retail6.18% ▼-19%
Other Services5.21% ▲46%
Management Consulting3.97% ▼-5%
Other Support Activity3.71% ▼-25%
Accounting3.35% ▲129%
Transportation3.35% ▼-12%
Wholesalers & Agents2.82% ▼-21%
Facilities Management2.29% ▲46%
Financial Services2.29% ▼-24%
Health & Medical Services2.29% ▼-22%
Beauty Industry1.94% ▲53%
Top 15 National Startup Sector Activities
Real Estate10.08%
Construction9.70%
Retail7.67%
Other Professional Services6.37%
Food & Beverage Service6.13%
Other Support Activity4.97%
Management Consulting4.17%
Transportation3.80%
Wholesalers & Agents3.57%
Other Services3.56%
Financial Services3.02%
Health & Medical Services2.92%
IT Consultancy2.61%
Education2.39%
Software Publishing & Development2.02%
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

Mr68.46%
Mrs10.16%
Unknown8.01%
Miss6.45%
Ms5.57%
Dr1.27%
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.

31-4031.15%
41-5024.80%
21-3020.80%
51-6014.55%
Over 607.52%
Under 211.17%

Experience

The average number of active directorships held by this sample is 1.25 (nationally for the same period it’s 1.29)
Sample Size

199

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