04/2020

Startups in LEEDS

Startups in Leeds followed by The Mailing Company across all sectors and tracked against national statistics for new businesses.

STARTUPS Born Last Month

1138

Amazingly, the number of new businesses created stayed exactly the same at 1,138 between February and March.

One of the fastest-growing cities in the UK, the northern city of Leeds has a £64.6 billion economy and the highest ratio of private to public sector jobs of any UK city. There are over 32,000 VAT registered businesses and over 6000 small and medium sizes businesses in the area. Finance and business services account for 38% of the city’s economy with other key sectors in the region, including creative and digital industries, retail, leisure, construction, tourism, and manufacturing.

According to recent studies, the number of mid-sized and large companies in Leeds is above the national average, with several large companies such as Centrica, Asda Group, BT, Direct Line Group and First Direct being based in the area. The city has a population of 3 million and a workforce of 1.37 million, and the economy of the region is forecast to grow by 21% over the next ten years.

LEEDS Startups by Industry Classification

Comparing the top 25 most popular standard industry classifications in Leeds for recent newly founded companies. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorMarchFebruary
Other letting and operating of own or leased real estate75 75
Freight transport by road61 61
Buying and selling of own real estate45 45
Other service activities n.e.c.41 41
Management consultancy activities other than financial management37 37
Retail sale via mail order houses or via Internet32 32
Other business support service activities n.e.c.32 32
Take-away food shops and mobile food stands31 31
Activities of other holding companies n.e.c.28 28
Other human health activities27 27
Public houses and bars24 24
Information technology consultancy activities23 23
Combined office administrative service activities22 22
Unlicensed restaurants and cafes21 21
Hairdressing and other beauty treatment21 21
Management of real estate on a fee or contract basis20 20
Construction of domestic buildings17 17
Development of building projects16 16
Sale of used cars and light motor vehicles16 16
Licensed restaurants16 16
Maintenance and repair of motor vehicles15 15
General cleaning of buildings14 14
Other retail sale not in stores, stalls or markets13 13
Performing arts13 13
Dormant Company13 13

Top LEEDS Startup Sectors

It’s easier to group SIC codes to give a broader overview of the startup economy.  The change indicators are how far Leeds 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 Leeds to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Leeds
Real Estate11.61% ▼-4%
Retail9.06% ▲15%
Construction8.98% ▼-17%
Food & Beverage Service8.33% ▲14%
Transportation6.14% ▲45%
Other Professional Services4.60% ▼-24%
Other Support Activity4.16% ▲29%
Financial Services3.73% ▲13%
Wholesalers & Agents3.58% ▼-11%
Motor Trade3.21% ▲67%
Other Services3.07% ▲1%
Health & Medical Services3.07% ▲18%
Facilities Management2.78% ▲64%
Management Consulting2.70% ▼-28%
Other Manufacturing1.90% ▲74%
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

Mr65.10%
Mrs12.79%
Unknown9.24%
Miss7.28%
Ms4.80%
Dr0.71%
Me0.09%

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.

31-4033.48%
41-5025.58%
21-3017.41%
51-6015.90%
Over 606.31%
Under 211.33%

Experience

The average number of active directorships held by this sample is 1.36 (nationally for the same period it’s 1.27)
Sample Size

199

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