Overview
Buckinghamshire showcases a vibrant economic landscape with diverse sectors contributing to its growth. The county’s employment figures stand at 356,901, reflecting a dynamic job market. Notably, the region has seen 3,285 businesses reporting an increase in employees, indicative of expanding operations and potentially a healthy economic environment. The data presents a rich tapestry of sector dynamics, company trends, and business growth.
Employment and Business Growth
- Total Employees: 356,901. This robust figure underscores a strong workforce and varied employment opportunities.
- Employee Raisers: 3,285 businesses. This suggests an upward trend in employment, pointing to business expansion and economic vitality.
Sector Analysis
- Top Sectors by Company Count: Professional, scientific and technical activities lead with 9,564 companies, followed by information and communication (5,772), and wholesale and retail trade (5,658). These sectors are pivotal in driving Buckinghamshire’s economic engine.
- Top Growing Sectors: Sectors like Software-as-a-Service (SaaS) and Analytics are among the fastest-growing, reflecting a tech-savvy, innovative business environment.
Business Continuity
- Company Cessations: With 5,384 companies ceasing operations, it highlights the challenges and competitive nature of the business landscape.
- New Companies (Last 2 Years): 5,588. This indicates a healthy rate of new business formation, suggesting an entrepreneurial spirit and a conducive environment for startups.
Innovation and Investment
- Patent Owners: 3,634. A high number of patent owners signifies a strong focus on innovation and intellectual property.
- Number of Fundraisings: 43. While relatively modest, this indicates ongoing investment activities in the region.
Gender Representation
- Founders Gender: 16.45% female, 81.60% male. There’s a noticeable gender gap among founders.
- Directors Gender: 28.06% female, 67.39% male. Similar gender disparity is observed in directorial roles.
Conclusion
Buckinghamshire exhibits a thriving economic environment with strong employment figures and a diverse range of sectors contributing to its growth. The high number of new businesses and patent owners highlight an innovative and entrepreneurial spirit. However, the gender disparity in leadership roles and the number of company cessations indicate areas for improvement and reflection.