02/2020

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

655

Total new company registrations climbed from 536 to 655 between December and January.

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

Evaluating the top 25 most popular entrepreneurial sectors in Tyneside for recent newly founded companies. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorJanuaryDecember
Freight transport by road40 ▲167%15
Other letting and operating of own or leased real estate32 32
Take-away food shops and mobile food stands26 ▲37%19
Buying and selling of own real estate21 ▲11%19
Management consultancy activities other than financial management21 21
Retail sale via mail order houses or via Internet19 ▲36%14
Event catering activities19 ▲217%6
Other service activities n.e.c.18 ▲29%14
Other business support service activities n.e.c.18 ▲157%7
Public houses and bars17 ▲21%14
Hairdressing and other beauty treatment17 ▲113%8
Other human health activities16 ▲7%15
Development of building projects16 16
Other engineering activities14 ▲40%10
Other building completion and finishing13 ▲160%5
Licensed restaurants12 ▲33%9
Management of real estate on a fee or contract basis12 ▲71%7
Plumbing, heat and air-conditioning installation11 ▲22%9
Other education n.e.c.10 ▼-23%13
Unlicensed restaurants and cafes9 ▲13%8
Information technology consultancy activities8 8
Residents property management8 ▼-33%12
Business and domestic software development7 ▼-42%12
Retail sale of clothing in specialised stores7 ▲40%5
Electrical installation7 ▲75%4

Top TYNESIDE Startup Sectors

We have grouped SIC codes to give a broader overview 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
Construction13.18% ▲23%
Food & Beverage Service11.91% ▲61%
Real Estate10.14% ▼-6%
Retail8.24% ▲1%
Transportation6.59% ▲65%
Other Professional Services5.58% ▼-7%
Wholesalers & Agents3.55% ▼-14%
Health & Medical Services3.42% ▲33%
Education3.17% ▲42%
Other Support Activity3.04% ▼-3%
Management Consulting2.66% ▼-33%
Other Services2.41% ▼-24%
Beauty Industry2.15% ▲50%
Other Manufacturing1.65% ▲62%
Motor Trade1.52% ▼-22%
Top 15 National Startup Sector Activities
Real Estate10.84%
Construction10.70%
Retail8.14%
Food & Beverage Service7.40%
Other Professional Services6.01%
Wholesalers & Agents4.14%
Transportation4.00%
Management Consulting3.97%
Financial Services3.20%
Other Services3.18%
Other Support Activity3.15%
Health & Medical Services2.57%
Education2.24%
IT Consultancy2.09%
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

Mr64.33%
Mrs13.72%
Miss8.54%
Unknown7.93%
Ms3.96%
Dr1.37%
Sir0.15%

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.

31-4033.08%
41-5022.41%
21-3020.43%
51-6015.85%
Over 607.62%
Under 210.61%

Experience

The average number of active directorships held by this sample is 1.18 (nationally for the same period it’s 1.26)
Sample Size

199

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