09/2019

Startups in Manchester

Startups in Manchester tracked on a monthly basis within a ten mile radius of the mighty Manchester City Hall.

New Businesses Born Last Month

1933

Total new company registrations went down from 2,422 to 1,933 ▼-20% between July and August.

Startups in Manchester are plentiful! This is the birthplace of the Industrial Revolution, the Cooperative and Free Trade movements, The modern city continues to be innovative and is recognised as a leading European business destination and is the most successful in attracting direct foreign investment outside London.

Strengths include:
• Research, manufacturing and advanced engineering
• Life sciences
• Energy
• Environment
• Financial
• Professional business services
• Creative
• Digital and technology

Manchester drives the country’s growth and prosperity by creating a GVA of £62.8 billion. The metropolitan boroughs of Manchester comprise the most economically diverse city region and are the beating heart of the Northern Powerhouse.This dr

Manchester Startups by Industry Classification

Following the top 25 most popular entrepreneurial sectors in Manchester for recent new businesses started. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorAugustJuly
Management consultancy activities other than financial management103 ▼-20%128
Other letting and operating of own or leased real estate94 ▼-22%120
Retail sale via mail order houses or via Internet83 ▼-14%96
Other business support service activities n.e.c.77 ▲7%72
Buying and selling of own real estate72 ▼-38%116
Other service activities n.e.c.70 ▼-38%112
Take-away food shops and mobile food stands56 ▼-19%69
Other professional, scientific and technical activities n.e.c.54 ▼-26%73
Information technology consultancy activities52 ▼-30%74
Hairdressing and other beauty treatment44 ▼-2%45
Other human health activities39 ▼-40%65
Freight transport by road38 ▼-53%81
Other retail sale not in stores, stalls or markets31 ▲15%27
Construction of roads and motorways31 ▲15%27
Other food services31 ▲210%10
Management of real estate on a fee or contract basis27 ▼-51%55
Business and domestic software development27 ▲13%24
Residents property management26 ▼-35%40
Development of building projects26 ▼-43%46
Construction of domestic buildings25 ▼-32%37
Other information technology service activities25 ▲4%24
Retail sale in non-specialised stores with food, beverages or tobacco predominating23 23
Dormant Company22 ▼-48%42
Unlicensed restaurants and cafes22 ▼-4%23
Other engineering activities22 ▲16%19

Top Manchester Startup Sectors

It’s easier to group SIC codes to give a broader overview of the startup ecosystem.  The change indicators are how far Manchester 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 Manchester to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Manchester
Retail11.03% ▲44%
Real Estate10.44% ▲4%
Construction8.36% ▼-14%
Food & Beverage Service7.72% ▲26%
Other Professional Services6.96% ▲9%
Management Consulting4.37% ▲5%
Other Support Activity4.20% ▼-15%
Wholesalers & Agents3.73% ▲4%
Health & Medical Services3.73% ▲28%
Other Services3.01% ▼-15%
Transportation2.63% ▼-31%
Financial Services2.25% ▼-25%
IT Consultancy2.21% ▼-15%
Residential Care & Support2.16% ▲38%
Motor Trade1.99% ▲9%
National Startup Sector Activity
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

Mr63.97%
Unknown12.04%
Mrs9.95%
Miss7.95%
Ms3.71%
Dr2.19%
Chef0.05%
Me0.05%
Prof0.05%
Prof Dr0.05%

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.

31-4034.26%
21-3023.68%
41-5022.47%
51-6013.99%
Over 604.14%
Under 211.46%

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.