11/2019

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

675

Amazingly, the number of new businesses created stayed exactly the same at 675 between September and October.

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 entrepreneurial sectors in Tyneside for recent start-ups. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorOctoberSeptember
Other letting and operating of own or leased real estate34 34
Freight transport by road27 27
Management consultancy activities other than financial management25 25
Buying and selling of own real estate24 24
Take-away food shops and mobile food stands22 22
Other human health activities20 20
Other service activities n.e.c.20 20
Other business support service activities n.e.c.19 19
Retail sale via mail order houses or via Internet18 18
Licensed restaurants18 18
Information technology consultancy activities17 17
Management of real estate on a fee or contract basis15 15
Public houses and bars14 14
Other specialised construction activities n.e.c.13 13
Other professional, scientific and technical activities n.e.c.13 13
Dormant Company13 13
Other construction installation12 12
Hairdressing and other beauty treatment11 11
Development of building projects10 10
Unlicensed restaurants and cafes10 10
Residents property management10 10
Electrical installation8 8
Other information technology service activities8 8
Fitness facilities8 8
Other sports activities8 8

Top TYNESIDE Startup Sectors

It’s easier to group SIC codes to get a higher level explanation of the new business startup environment.  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
Construction11.57% ▲15%
Real Estate11.21% ▲13%
Food & Beverage Service9.99% ▲41%
Retail8.53% ▲12%
Other Professional Services6.46% ▲4%
Transportation4.14% ▼-8%
Health & Medical Services3.78% ▲25%
Other Support Activity3.29% ▼-22%
Management Consulting3.05% ▼-25%
Education2.68% ▲14%
Wholesalers & Agents2.68% ▼-27%
Other Services2.44% ▼-36%
Sports2.44% ▲92%
IT Consultancy2.07% ▼-19%
Facilities Management2.07% ▲34%
Top 15 National Startup Sector Activities
Construction10.05%
Real Estate9.90%
Retail7.65%
Food & Beverage Service7.10%
Other Professional Services6.22%
Transportation4.52%
Other Support Activity4.24%
Management Consulting4.07%
Other Services3.81%
Wholesalers & Agents3.67%
Financial Services3.03%
Health & Medical Services3.03%
IT Consultancy2.55%
Education2.35%
Software Publishing & Development1.90%
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

Mr66.21%
Mrs13.30%
Miss9.36%
Unknown6.11%
Ms3.26%
Dr1.63%
Countess0.14%

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.

31-4033.65%
21-3022.80%
41-5022.80%
51-6013.98%
Over 605.43%
Under 211.36%

Experience

The average number of active directorships held by this sample is 1.34 (nationally for the same period it’s 1.27)
Sample Size

199

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