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

Analysis Report: Economic and Business Activity in Derby


Derby’s economic landscape is characterised by a diverse mix of sectors, with a significant presence in professional, scientific, technical activities, and retail trade. The city boasts a total employment of 140,393, with a notable growth in several sectors. The data also reflects a healthy entrepreneurial ecosystem, indicated by the number of new companies and scaleups, and a balanced representation of gender among founders and directors.

Employment and Business Growth

  • Total Employees: Derby has 140,393 employees, showing vibrant economic activity. Notably, there have been 105 companies reporting employee growth.
  • Employee Growth: The employee growth percentage is 9.3%, indicating a robust increase in employment opportunities.
  • Scaleups: The presence of 73 scaleups suggests a dynamic environment for business expansion and innovation.

Sector Dynamics

  • Top Sectors: Key sectors in Derby include professional, scientific, and technical activities (2,368 companies), retail trade (2,316 companies), and construction (1,914 companies). These sectors are critical drivers of Derby’s economy.
  • Sectors with Rising Companies: Sectors like analytics, machinery, leisure and entertainment, marketing services, and aerospace are showing promising growth.

Business Continuity

  • Company Cessations: A total of 2,175 companies have ceased operations, indicating challenges in certain sectors or market conditions.
  • New Companies in Last 2 Years: There are 2,822 new companies, highlighting a thriving entrepreneurial spirit and business creation in Derby.
  • SMEs and Exporters: With 11,960 SMEs and 287 exporters, Derby demonstrates a strong base of small and medium-sized enterprises contributing to its economic diversity.

Entrepreneurial and Innovation Landscape

  • Founders’ Gender: 19.81% of founders are female, 79.25% male, showing a gender gap in entrepreneurship.
  • Directors’ Gender: Female directors constitute 26.98%, while male directors are at 67.88%. This indicates a need for greater gender balance in leadership roles.
  • Young Companies with Young Directors: 1,062 companies led by young directors suggest a youthful and potentially innovative business culture.

Intellectual Property and Funding

  • Patent Owners and Grantees: Derby has 9 patent owners and 12 grantees, reflecting some degree of innovation and research focus.
  • Fundraisings: 240 instances of fundraising activities indicate active investment and funding opportunities.


Derby’s economy is characterised by a diverse sectoral presence, robust employment growth, and a strong base of SMEs. While there are challenges like company cessations and gender disparities in leadership, the city shows promising signs of entrepreneurship and innovation.

Company foundations and cessations over time

Active companies over time

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