11/2019

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

554

Total new company registrations climbed from 552 to 554 between September and October.

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

Following the top 25 most popular types of business in Sheffield for recent start-ups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorOctoberSeptember
Freight transport by road34 ▼-21%43
Event catering activities30 ▼-3%31
Other letting and operating of own or leased real estate22 ▼-8%24
Take-away food shops and mobile food stands20 ▲33%15
Hairdressing and other beauty treatment17 ▲21%14
Other service activities n.e.c.16 ▼-6%17
Public houses and bars16 ▲33%12
Development of building projects15 ▲25%12
Retail sale via mail order houses or via Internet14 ▲56%9
Licensed restaurants14 ▲100%7
Other business support service activities n.e.c.13 13
Management consultancy activities other than financial management13 ▼-32%19
Sale of used cars and light motor vehicles11 ▲57%7
Buying and selling of own real estate10 ▼-33%15
Construction of domestic buildings10 ▲11%9
Information technology consultancy activities10 ▲11%9
Other human health activities9 ▼-40%15
Management of real estate on a fee or contract basis9 ▲80%5
Other building completion and finishing7 ▲133%3
Specialists medical practice activities7 ▼-30%10
Physical well-being activities6 6
Unlicensed restaurants and cafes6 ▲20%5
Unlicensed carrier6 ▼-14%7
Other specialised construction activities n.e.c.6 ▼-14%7
Other activities of employment placement agencies6 ▲500%1

Top Sheffield 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 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 Service14.96% ▲116%
Construction10.84% ▲5%
Transportation8.55% ▲68%
Real Estate7.18% ▼-29%
Retail6.41% ▼-13%
Health & Medical Services4.12% ▲38%
Other Professional Services3.97% ▼-36%
Wholesalers & Agents3.36% ▼-13%
Other Services2.75% ▼-36%
Other Support Activity2.75% ▼-16%
Software Publishing & Development2.75% ▲46%
Beauty Industry2.60% ▲90%
Motor Trade2.29% ▲17%
Management Consulting1.98% ▼-51%
Financial Services1.98% ▼-40%
Top 15 National Startup Sector Activities
Construction10.33%
Real Estate10.09%
Retail7.34%
Food & Beverage Service6.94%
Other Professional Services6.22%
Transportation5.08%
Other Services4.29%
Management Consulting4.00%
Wholesalers & Agents3.87%
Financial Services3.29%
Other Support Activity3.28%
Health & Medical Services2.99%
IT Consultancy2.53%
Education2.30%
Motor Trade1.96%
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

Mr63.70%
Mrs14.70%
Unknown8.71%
Miss7.62%
Ms4.17%
Dr0.91%
Nr0.18%

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.

31-4030.31%
21-3025.77%
41-5023.41%
51-6013.25%
Over 605.63%
Under 211.63%

Experience

The average number of active directorships held by this sample is 1.23 (nationally for the same period it’s 1.29)
Sample Size

199

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