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

Analysis Report: Economic and Business Activity in Bromley


Bromley showcases a diverse economic landscape with significant activities in professional, scientific, technical, construction, and real estate sectors. The region’s employment and business growth indicate a healthy economic environment. Despite having no IPOs recently, the area shows a commendable growth rate in employees and scale-ups, suggesting robust business development.

Employment and Business Growth

  • Total Employees: Bromley employs 102,740 individuals, a healthy figure for regional economic stability.
  • Employee Growth Rate: The 6.92% growth in employment is indicative of an expanding job market and economic health.
  • Number of Scale-ups: With 107 scale-ups, the area shows a promising environment for business expansion and development.

Sector Analysis

  • Top Sectors: The leading sectors are diverse, with professional, scientific and technical activities (15.6%), construction (12.42%), and real estate activities (12.01%) being the most prominent. This diversification is beneficial for economic resilience.
  • Sector Growth Drivers: The sectors showing significant growth include mobile apps, technology/IP-based businesses, e-commerce, internet platforms, and health and fitness. These sectors represent modern, high-growth industries.

Business Continuity

  • Company Cessations: Bromley witnessed 2,864 company cessations, a figure that needs to be balanced with new company formations for sustainable economic health.
  • New Companies: With 6,638 new companies over two years, there is a vibrant startup environment, although this needs to be seen in the context of company cessations.

Gender Representation

  • Founders Gender Breakdown: The gender distribution among founders is skewed with 83.65% male, 15.09% female, and 1.26% unknown. This highlights a significant gender gap in entrepreneurship.
  • Directors Gender Breakdown: A similar trend is observed among directors, with 64.87% male and 29.81% female.


Bromley’s economic environment is marked by a strong and diverse sector presence, robust employment growth, and an active startup ecosystem. However, challenges include a gender disparity in business leadership and the balancing of new company formations with cessations. Overall, Bromley presents a dynamic and evolving economic landscape 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.