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The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.

Analysis Report: Economic and Business Activity in Bassetlaw


The economic landscape of Bassetlaw is characterised by a diverse array of sectors, with a total of 64,590 employees. The most prominent sectors include Construction, Retail, and Professional Services. Despite no recent IPOs, there’s a notable 7.76% growth in employment, indicating a dynamic job market. The region also boasts a significant number of SMEs and a considerable number of new companies established in the last two years.

Employment and Business Growth

  • Total Employees: 64,590. Bassetlaw shows a healthy employment scenario with a diverse sector representation.
  • Employee Growth: 7.76%. This indicates a robust and growing job market, likely driven by the rise of SMEs and new company establishments.
  • Sector Dynamics: Key sectors by number of companies include Construction (779 companies), Retail (759), and Professional Services (702). These sectors are likely the primary drivers of employment and economic activity in the region.
  • Scale-ups: 34. This figure suggests a growing entrepreneurial ecosystem with companies scaling up their operations.

Business Continuity

  • Company Cessations: Data not provided. The absence of this data limits the analysis of business continuity trends.
  • New Companies (2 years): 1,424. This robust number indicates a dynamic and entrepreneurial business environment.
  • SMEs: 4,160. Small and Medium Enterprises form the backbone of Bassetlaw’s economy, contributing significantly to employment and economic diversity.
  • Exporters: 175. A moderate number of exporters, indicating some level of international trade engagement.
  • Foreign Parent Companies: 129. This suggests a degree of foreign investment and international business interest in the region.
  • Fundraisings: 306. A healthy number of fundraising events indicate active investment and financial growth opportunities for businesses.

Company and Founder Demographics

  • Female Founders: 26.09%. This reflects a fair representation of female entrepreneurship in the business landscape.
  • Male Founders: 73.91%. Male founders dominate the entrepreneurship scene in Bassetlaw.
  • Gender Diversity in Directorship: 28.77% female and 68.40% male directors. This shows a gender gap in corporate leadership roles.
  • Age of Directors: Diverse, with a higher concentration in the 50-60 age bracket (27.03%).

Additional Indicators

  • Patent Owners: 2. Limited patent ownership indicates a modest level of innovation or R&D activity.
  • Spinouts and Young Directors: No data on spinouts; 289 companies with young directors, showing some level of youth engagement in business leadership.
  • Attendance at Events: 2. This extremely low figure suggests limited participation in professional or business networking events.


Bassetlaw’s economy is marked by a vibrant mix of sectors, significant SME presence, and a growing job market. The region shows promise with a high number of new businesses and scale-ups. However, challenges include gender disparity in leadership roles and limited innovation indicators. The economic future of Bassetlaw appears dynamic, with potential for further growth and diversification.

Company foundations and cessations over time

Active companies over time

The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.