04/2020

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

2300

Amazingly, the number of new businesses created stayed exactly the same at 2,300 between February and March.

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 business types in Manchester 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 estate144 144
Freight transport by road103 103
Buying and selling of own real estate96 96
Management consultancy activities other than financial management86 86
Retail sale via mail order houses or via Internet83 83
Other business support service activities n.e.c.74 74
Other service activities n.e.c.68 68
Take-away food shops and mobile food stands60 60
Development of building projects53 53
Other human health activities49 49
Construction of roads and motorways46 46
Activities of other holding companies n.e.c.44 44
Information technology consultancy activities44 44
Licensed restaurants40 40
Construction of domestic buildings36 36
Event catering activities35 35
Other building completion and finishing33 33
Management of real estate on a fee or contract basis33 33
Dormant Company33 33
Hairdressing and other beauty treatment31 31
Other specialised construction activities n.e.c.29 29
Other retail sale in non-specialised stores28 28
Public houses and bars28 28
Residents property management28 28
Non-specialised wholesale trade27 27

Top Manchester Startup Sectors

It’s easier to group SIC codes to give a higher view of the new business startup environment.  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
Real Estate11.67% ▼-4%
Construction11.18% ▲3%
Retail9.17% ▲16%
Food & Beverage Service7.93% ▲9%
Transportation5.54% ▲31%
Other Professional Services5.15% ▼-15%
Wholesalers & Agents4.90% ▲22%
Other Support Activity3.91% ▲21%
Health & Medical Services3.46% ▲33%
Financial Services3.42% ▲4%
Management Consulting3.03% ▼-20%
Other Services2.43% ▼-20%
Education2.33% ▼-2%
Motor Trade2.12% ▲10%
Residential Care & Support1.59% ▲7%
National Startup Sector Activity
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

Mr65.18%
Mrs13.43%
Unknown8.98%
Miss6.94%
Ms3.47%
Dr1.87%
Prof0.04%
Professor0.04%
Rev0.04%

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.

31-4030.90%
41-5024.81%
21-3020.19%
51-6016.50%
Over 606.00%
Under 211.60%

Experience

The average number of active directorships held by this sample is 1.24 (nationally for the same period it’s 1.27)
Sample Size

199

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