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

Analysis Report: Economic and Business Activity in Croydon


Croydon showcases a diverse economic landscape with significant activities in various sectors. The presence of 49,272 companies, including 7,551 new ones in the last two years, indicates a dynamic business environment. The city’s workforce is robust, with 151,839 employees and a remarkable 39.48% growth in employment. Notably, the gender distribution among company founders and directors reflects a male dominance but also a notable female presence.

Employment and Business Growth

  • Total Employees: Croydon employs 151,839 individuals. The city has seen a substantial 39.48% growth in employment, indicating a thriving job market and economic expansion.
  • Employment Growth Leaders: The sectors contributing most to employment growth are Mobile Apps, Internet Platforms, Food and Drink Processors, Software-as-a-Service (SaaS), and Pubs and Clubs. This diversification suggests a shift towards technology-oriented and service-based industries.

Sector Dynamics

  • Top Sectors by Company Count: The leading sectors are Wholesale and Retail Trade (14.4%), Information and Communication (11.65%), and Professional, Scientific, and Technical Activities (11.38%). These sectors are critical pillars of Croydon’s economy, showing a blend of traditional commerce and modern services.
  • Emerging Sectors: Sectors like Mobile Apps and Internet Platforms are gaining prominence, indicating a shift towards digitalisation and technological innovation.

Business Continuity

  • Company Cessations: With 5,603 companies ceasing operations, there’s a need to analyse the challenges and support mechanisms for business sustainability in Croydon.
  • New Businesses: The addition of 7,551 new companies in the past two years showcases an environment conducive to business creation and entrepreneurship.

Gender Representation in Leadership

  • Founders: 23.24% of company founders are female, while 73.51% are male. This gender gap highlights an area for potential improvement in entrepreneurial diversity.
  • Directors: Female directors constitute 25.71% of the total, compared to 57.59% male directors. This disparity points to the need for greater gender balance in corporate leadership roles.


Croydon’s economic and business activity is marked by robust employment growth, a diversified sector presence, and a significant number of new businesses. The city demonstrates potential in technology and service sectors, though challenges in business continuity and gender disparity in leadership roles need attention. Overall, Croydon’s economic health appears strong, with opportunities for further development in inclusivity and technological advancements.

Company foundations and cessations over time

Active companies over time

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