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

Analysis Report: Economic and Business Activity in Cumberland


Cumberland’s economic landscape showcases a diverse range of industries, with a notable emphasis on professional, scientific, and technical activities. The city’s business environment is characterised by steady employment, a mix of established and emerging sectors, and a gender diversity trend in leadership roles. Key indicators such as company formations, scale-ups, and SME presence suggest an active and evolving business ecosystem.

Employment and Business Growth

  • Total Employees: 45,302 employees. Cumberland has experienced a significant number of businesses raising employee numbers, indicating a robust job market and potential for economic growth.
  • Employee Growth: An 11.29% growth in employee numbers signifies a positive trend in employment, reflecting business expansions and the emergence of new enterprises.
  • Scale-ups: With 59 scale-ups, Cumberland’s business landscape is actively evolving, contributing to job creation and economic dynamism.

Sector Analysis

  • Top Sectors: The leading sectors are diverse, with professional, scientific, technical activities (13.98%), construction (13.14%), and trade/repair of motor vehicles and motorcycles (11.08%) at the forefront. This diversity underlines a balanced economic structure.
  • Sector Growth: Sectors showing significant growth include food and drink processing, other retail, veterinary services, e-commerce, and professional services for businesses, indicating emerging opportunities in these areas.

Company Dynamics

  • Total Companies: There are 3,348 companies in Cumberland, reflecting a healthy business environment.
  • New Companies (2 Years): 610 new companies in the last two years highlight an entrepreneurial spirit and a conducive environment for startups.
  • Small and Medium Enterprises (SMEs): With 2,657 SMEs, the backbone of Cumberland’s economy is strong, providing stability and diversity.
  • Exporters: The presence of 81 exporters indicates a level of international business engagement, which is crucial for economic expansion.
  • Companies with Foreign Parentage: 87 companies have foreign parentage, showing international investment and global connectivity.

Innovation and Growth

  • Fundraisings: 7 fundraisings suggest active capital movement, essential for growth and innovation.
  • Patent Owners: 196 patent owners in Cumberland point towards a culture of innovation and intellectual property development.
  • Grantees: 6 grantees reflect active participation in grant programs, indicating a pursuit of growth and development opportunities.

Leadership and Diversity

  • Founders Gender: 17.02% female founders and 80.85% male founders, with a small percentage (2.13%) unknown, showing gender diversity but also room for improvement.
  • Directors Gender: 28.84% female directors and 68.42% male directors, with 2.74% unknown, indicate a significant female representation in leadership, albeit still skewed towards males.
  • Age Distribution of Directors: The distribution of directors across age groups is fairly balanced, with a notable presence of directors aged over 60 (32.02%) and between 50-60 (29.09%), indicating experienced leadership.

Business Continuity

  • Company Cessations: The data on company cessations is not explicitly provided, but the number of new companies and scale-ups suggest a dynamic business environment.


Cumberland’s economy is marked by a diversified industrial base, significant employment growth, and an evolving business landscape. The presence of SMEs and scale-ups, along with a fair representation of women in leadership roles, indicates a robust and forward-looking economic environment. Continued focus on innovation, sectoral growth, and diversity can further strengthen Cumberland’s economic standing.

Company foundations and cessations over time

Active companies over time

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