09/2019

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

552

Total new company registrations went down from 703 to 552 ▼-21% between July and August.

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 types of business in Tyneside for recent new businesses started. Change indicators show percentage difference between the two periods displayed for actual numbers recorded.
SectorAugustJuly
Take-away food shops and mobile food stands23 23
Other letting and operating of own or leased real estate22 ▼-29%31
Other business support service activities n.e.c.21 ▲24%17
Other service activities n.e.c.20 ▼-20%25
Management consultancy activities other than financial management20 ▼-5%21
Information technology consultancy activities19 ▲36%14
Hairdressing and other beauty treatment17 ▲113%8
Licensed restaurants15 ▼-21%19
Other human health activities15 15
Retail sale via mail order houses or via Internet14 ▼-18%17
Other engineering activities11 ▲10%10
Other information technology service activities11 ▲175%4
Electrical installation11 ▼-15%13
Public houses and bars11 ▼-8%12
Buying and selling of own real estate11 ▼-54%24
Construction of domestic buildings9 9
Freight transport by road8 ▼-70%27
Other professional, scientific and technical activities n.e.c.8 ▼-11%9
Business and domestic software development8 8
Unlicensed restaurants and cafes8 ▼-43%14
Other specialised construction activities n.e.c.7 ▼-42%12
Management of real estate on a fee or contract basis7 ▼-13%8
Specialists medical practice activities7 ▲40%5
Activities of other holding companies n.e.c.7 ▲75%4
Residents property management7 ▲250%2

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
Construction11.58% ▲19%
Food & Beverage Service10.23% ▲67%
Retail8.27% ▲8%
Real Estate7.97% ▼-21%
Other Professional Services7.22% ▲13%
Health & Medical Services4.51% ▲54%
Other Support Activity3.91% ▼-21%
Other Services3.16% ▼-11%
Management Consulting3.01% ▼-28%
IT Consultancy2.86% ▲10%
Financial Services2.71% ▼-10%
Beauty Industry2.56% ▲102%
Motor Trade2.41% ▲32%
Other IT Services2.41% ▲44%
Facilities Management2.41% ▲54%
Top 15 National Startup Sector Activities
Real Estate10.08%
Construction9.70%
Retail7.67%
Other Professional Services6.37%
Food & Beverage Service6.13%
Other Support Activity4.97%
Management Consulting4.17%
Transportation3.80%
Wholesalers & Agents3.57%
Other Services3.56%
Financial Services3.02%
Health & Medical Services2.92%
IT Consultancy2.61%
Education2.39%
Software Publishing & Development2.02%
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

Mr70.72%
Mrs12.66%
Unknown7.24%
Miss5.43%
Ms2.30%
Dr1.48%
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.

31-4033.06%
21-3020.72%
41-5019.41%
51-6017.43%
Over 607.40%
Under 211.97%

Experience

The average number of active directorships held by this sample is 1.25 (nationally for the same period it’s 1.29)
Sample Size

199

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