09/2019

Startups in SHEFFIELD

The Sheffield startup economy as analysed by The Mailing Company across all sectors and tracked against national statistics for new businesses.

STARTUPS Born Last Month

396

Total new company registrations went down from 577 to 396 ▼-31% between July and August.

Once famous for its role in British steel production and coal mining, the South Yorkshire city of Sheffield suffered many years of economic decline following the collapse of these industries. Startups in Sheffield are bucking national trends in some sectors though and it has, been undergoing a strong revival in recent years, with the city undergoing extensive redevelopment and achieving a GVA (gross value added) figure of 60% since 1997.

Where once there was an abundance of jobs in the manufacturing industry, Sheffield now relies heavily on the public sector for employment, with the city’s two universities, the NHS and government agencies being the largest employers in the area. One independent steelworks remains in the city which specialises in producing highly complex steel forgings and casings.

Other areas of employment within the city include call centres, retail and the service industry. International fee-paying students at Sheffield’s two universities are also a major source of income in the area, generating £120 million per year for the local economy. 

Sheffield Startups by Industry Classification

Evaluating the top 25 most popular entrepreneurial sectors in Sheffield for recent startup births. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorAugustJuly
Other letting and operating of own or leased real estate19 ▼-27%26
Take-away food shops and mobile food stands15 ▲15%13
Freight transport by road14 ▼-69%45
Buying and selling of own real estate12 ▲20%10
Management consultancy activities other than financial management12 ▼-8%13
Retail sale via mail order houses or via Internet11 ▲83%6
Other service activities n.e.c.10 ▼-55%22
Information technology consultancy activities10 ▼-33%15
Other building completion and finishing9 ▲800%1
Maintenance and repair of motor vehicles9 ▲125%4
Construction of domestic buildings9 ▼-18%11
Development of building projects8 ▼-43%14
Management of real estate on a fee or contract basis8 ▲33%6
Plumbing, heat and air-conditioning installation7 ▲133%3
Other business support service activities n.e.c.7 ▼-56%16
Public houses and bars7 ▼-61%18
Business and domestic software development7 ▼-36%11
Other engineering activities6 ▲100%3
Unlicensed restaurants and cafes6 ▼-33%9
Other transportation support activities6 ▲100%3
Retail sale of clothing in specialised stores6 ▲100%3
Other information technology service activities6 ▼-14%7
Other food services6 ▲500%1
Painting5 ▲67%3
Licensed restaurants5 ▼-17%6

Top Sheffield Startup Sectors

These are our groupings of SIC codes to give a broader overview of the startup ecosystem.  The change indicators are how far Sheffield 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 Sheffield to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Sheffield
Construction13.62% ▲40%
Real Estate9.35% ▼-7%
Food & Beverage Service8.33% ▲36%
Retail6.50% ▼-15%
Transportation6.30% ▲66%
Other Professional Services5.49% ▼-14%
Financial Services4.47% ▲48%
Wholesalers & Agents3.66% ▲3%
Motor Trade3.05% ▲68%
Software Publishing & Development3.05% ▲51%
Health & Medical Services2.64% ▼-10%
Residential Care & Support2.44% ▲56%
Management Consulting2.44% ▼-41%
Education2.44% ▲2%
Other Support Activity2.03% ▼-59%
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

Mr69.00%
Mrs11.14%
Unknown8.73%
Miss6.33%
Ms2.84%
Dr1.75%
Professor0.22%

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.

31-4033.62%
21-3022.93%
41-5022.27%
51-6015.50%
Over 604.59%
Under 211.09%

Experience

The average number of active directorships held by this sample is 1.38 (nationally for the same period it’s 1.29)
Sample Size

199

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