04/2020

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

536

Amazingly, the number of new businesses created stayed exactly the same at 536 between February and March.

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

Comparing the top 25 most popular kinds of business in Sheffield for recent startup births. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorMarchFebruary
Freight transport by road27 27
Other letting and operating of own or leased real estate25 25
Other service activities n.e.c.24 24
Buying and selling of own real estate23 23
Management consultancy activities other than financial management22 22
Event catering activities21 21
Retail sale via mail order houses or via Internet16 16
Take-away food shops and mobile food stands16 16
Other building completion and finishing14 14
Information technology consultancy activities14 14
Development of building projects13 13
Other business support service activities n.e.c.12 12
Construction of domestic buildings12 12
Other specialised construction activities n.e.c.10 10
Sale of used cars and light motor vehicles10 10
Activities of other holding companies n.e.c.10 10
Combined office administrative service activities9 9
Residents property management9 9
Maintenance and repair of motor vehicles8 8
Other food services8 8
Public houses and bars8 8
Management of real estate on a fee or contract basis8 8
Hairdressing and other beauty treatment8 8
Other retail sale not in stores, stalls or markets7 7
Other human health activities6 6

Top Sheffield Startup Sectors

These are our groupings of SIC codes to give a broader overview of the startup economy.  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
Construction13.17% ▲21%
Food & Beverage Service10.57% ▲45%
Real Estate10.11% ▼-17%
Retail8.12% ▲3%
Transportation4.90% ▲16%
Other Professional Services4.59% ▼-24%
Other Support Activity3.83% ▲19%
Other Services3.68% ▲21%
Wholesalers & Agents3.68% ▼-8%
Management Consulting3.37% ▼-11%
Motor Trade3.37% ▲76%
Financial Services3.06% ▼-7%
Education2.45% ▲3%
Health & Medical Services2.45% ▼-6%
Residential Care & Support2.30% ▲54%
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

Mr68.55%
Mrs13.37%
Miss7.16%
Unknown4.71%
Ms4.14%
Dr1.88%
Prof0.19%

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%
41-5027.50%
21-3019.02%
51-6014.69%
Over 604.33%
Under 211.32%

Experience

The average number of active directorships held by this sample is 1.27 (same as the national figure.)
Sample Size

199

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