07/2019

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

595

Total new company registrations went down from 640 to 595 ▼-7% between May and June.

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 kinds of business in Tyneside for recent startups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJuneMay
Freight transport by road29 ▼-38%47
Other letting and operating of own or leased real estate27 ▼-10%30
Take-away food shops and mobile food stands24 ▲20%20
Other business support service activities n.e.c.24 ▲26%19
Management consultancy activities other than financial management23 ▼-4%24
Other service activities n.e.c.23 ▼-4%24
Development of building projects17 ▲55%11
Other engineering activities17 ▲89%9
Specialised design activities14 ▲133%6
Retail sale via mail order houses or via Internet13 ▲44%9
Licensed restaurants13 ▼-28%18
Hairdressing and other beauty treatment13 ▲86%7
Public houses and bars13 ▲8%12
Electrical installation12 ▲140%5
Other specialised construction activities n.e.c.12 ▲140%5
Other building completion and finishing12 ▲33%9
Unlicensed restaurants and cafes12 ▲9%11
Event catering activities12 ▼-8%13
Buying and selling of own real estate12 ▼-25%16
Information technology consultancy activities12 ▼-33%18
Other professional, scientific and technical activities n.e.c.10 10
Combined office administrative service activities8 ▼-20%10
Other human health activities8 ▼-33%12
Dormant Company8 ▲33%6
Plumbing, heat and air-conditioning installation8 ▲300%2

Top TYNESIDE Startup Sectors

We have grouped SIC codes to give a higher view of the startup economy.  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
Construction14.53% ▲42%
Food & Beverage Service11.99% ▲73%
Other Professional Services8.18% ▲32%
Real Estate7.90% ▼-20%
Retail6.49% ▼-9%
Transportation5.36% ▲11%
Other Support Activity4.80% ▲12%
Other Services3.24% ▼-9%
Management Consulting3.24% ▼-22%
Wholesalers & Agents2.96% ▼-25%
Financial Services2.68% ▼-13%
Health & Medical Services2.40% ▼-13%
Beauty Industry1.83% ▲62%
Education1.83% ▼-20%
IT Consultancy1.69% ▼-40%
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

Mr65.73%
Mrs13.71%
Unknown9.19%
Miss6.07%
Ms2.96%
Dr2.18%
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.

31-4029.13%
41-5026.01%
21-3020.25%
51-6017.45%
Over 606.54%
Under 210.62%

Experience

The average number of active directorships held by this sample is 1.24 (nationally for the same period it’s 1.3)
Sample Size

199

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