04/2020

Startups in TYNESIDE

Startups in Tyneside followed by The Mailing Company across all sectors and tracked against national statistics for new businesses.

STARTUPS Born Last Month

687

Amazingly, the number of new businesses created stayed exactly the same at 687 between February and March.

The 7th largest conurbation in England, Tyneside includes four local authority districts; the city of Newcastle Upon Tyne and the metropolitan boroughs of North Tyneside, South Tyneside and Gateshead. Historically, the economy in the area was based around the industries of steel, shipbuilding, and coal production but following the decline of these industries, retail, office and service industry roles now account for much of the employment within the area.

The commercial hub of the Tyne and Wear area, the city of Newcastle Upon Tyne, is home to a number of corporate headquarters within its central business district and is also the home of large centres for retail and culture. Nearby, Gateshead is the location of the large MetroCentre shopping centre and the Team Valley Trading Estate which both provide a significant amount of jobs within the area. Tourism is also a growing industry, with Newcastle being awarded third place behind London and Berlin in the Tripadvisor Travellers Choice Destination Awards for European Nightlife.

TYNESIDE Startups by Industry Classification

Following the top 25 most popular business types in Tyneside for recent newly founded companies. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorMarchFebruary
Freight transport by road58 58
Other letting and operating of own or leased real estate41 41
Event catering activities33 33
Buying and selling of own real estate32 32
Take-away food shops and mobile food stands28 28
Management consultancy activities other than financial management23 23
Other building completion and finishing22 22
Other human health activities21 21
Public houses and bars20 20
Other service activities n.e.c.18 18
Combined office administrative service activities16 16
Management of real estate on a fee or contract basis12 12
Licensed restaurants12 12
Development of building projects12 12
Information technology consultancy activities11 11
Construction of domestic buildings10 10
Other business support service activities n.e.c.10 10
Hairdressing and other beauty treatment10 10
Plumbing, heat and air-conditioning installation9 9
Retail sale via mail order houses or via Internet9 9
Residents property management9 9
Retail sale in non-specialised stores with food, beverages or tobacco predominating8 8
Other engineering activities8 8
Unlicensed restaurants and cafes7 7
Activities of other holding companies n.e.c.7 7

Top TYNESIDE Startup Sectors

These are our groupings of SIC codes to obtain a clearer view of the startup ecosystem.  The change indicators are how far Tyneside 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 Tyneside to National, you’re looking at the proportional difference not absolute)
Top 15 Startup Sectors in Leeds
Food & Beverage Service13.71% ▲88%
Real Estate12.14% ▲0%
Construction11.29% ▲4%
Transportation8.01% ▲90%
Retail7.28% ▼-8%
Other Professional Services4.25% ▼-30%
Health & Medical Services3.52% ▲35%
Other Support Activity3.52% ▲9%
Wholesalers & Agents3.16% ▼-21%
Management Consulting2.79% ▼-26%
Facilities Management2.31% ▲36%
Other Services2.18% ▼-28%
Sports1.94% ▲43%
Education1.82% ▼-24%
Motor Trade1.70% ▼-11%
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

Mr65.43%
Mrs12.87%
Unknown9.15%
Miss7.44%
Ms2.79%
Dr2.17%
Professor0.16%

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.

31-4032.71%
41-5023.88%
21-3019.07%
51-6017.52%
Over 605.27%
Under 211.55%

Experience

The average number of active directorships held by this sample is 1.32 (nationally for the same period it’s 1.27)
Sample Size

199

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