07/2019

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

530

Total new company registrations climbed from 501 to 530 between May and June.

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

Measuring the top 25 most popular kinds of business in Sheffield for recent new businesses started. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJuneMay
Freight transport by road50 ▲25%40
Event catering activities21 ▲40%15
Take-away food shops and mobile food stands19 ▲27%15
Other letting and operating of own or leased real estate19 ▼-14%22
Licensed restaurants17 ▲240%5
Management consultancy activities other than financial management14 ▼-13%16
Unlicensed carrier12 ▲500%2
Retail sale via mail order houses or via Internet12 ▲50%8
Other business support service activities n.e.c.11 11
Unlicensed restaurants and cafes10 10
Business and domestic software development10 ▲11%9
Hairdressing and other beauty treatment10 ▼-29%14
Buying and selling of own real estate9 ▼-40%15
Other retail sale not in stores, stalls or markets9 ▲200%3
Other service activities n.e.c.9 ▼-53%19
Development of building projects9 ▼-25%12
Other human health activities8 ▼-20%10
Financial intermediation not elsewhere classified7 ▲inf%
Specialists medical practice activities7 ▼-22%9
Construction of domestic buildings7 ▼-30%10
Electrical installation7 ▼-30%10
Public houses and bars6 ▼-25%8
Other food services6 ▲20%5
Other professional, scientific and technical activities n.e.c.6 ▲100%3
Other building completion and finishing6 ▼-40%10

Top Sheffield Startup Sectors

These are our groupings of SIC codes to give a higher view of the new business startup environment.  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
Food & Beverage Service13.08% ▲88%
Construction10.85% ▲6%
Transportation10.69% ▲120%
Real Estate6.86% ▼-30%
Retail5.74% ▼-20%
Other Professional Services5.58% ▼-10%
Education4.63% ▲101%
Health & Medical Services4.15% ▲50%
Wholesalers & Agents3.83% ▼-3%
Other Support Activity2.71% ▼-37%
Financial Services2.71% ▼-12%
Management Consulting2.23% ▼-46%
Software Publishing & Development2.23% ▲16%
Motor Trade2.07% ▲11%
Accounting2.07% ▲44%
Top 15 National Startup Sector Activities
Construction10.24%
Real Estate9.85%
Retail7.17%
Food & Beverage Service6.95%
Other Professional Services6.20%
Transportation4.85%
Other Support Activity4.27%
Management Consulting4.15%
Wholesalers & Agents3.94%
Other Services3.57%
Financial Services3.08%
IT Consultancy2.83%
Health & Medical Services2.77%
Education2.30%
Software Publishing & Development1.93%
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

Mr65.20%
Mrs13.19%
Unknown8.97%
Miss6.23%
Ms3.85%
Dr2.56%

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.

31-4033.15%
41-5023.44%
21-3021.25%
51-6015.93%
Over 604.21%
Under 212.01%

Experience

The average number of active directorships held by this sample is 1.32 (nationally for the same period it’s 1.3)
Sample Size

199

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