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

Analysis Report: Economic and Business Activity in Hartlepool


Hartlepool’s economic landscape is characterised by a vibrant mix of sectors, with a notable emphasis on professional, scientific, and technical activities. The total employment of 11,315 reflects a diverse economic base. Despite having no initial public offerings (IPOs), the city shows a healthy 12.29% employee growth, indicating robust business expansion. A noteworthy aspect is the gender diversity in business leadership, with a substantial proportion of female founders and directors.

Employment and Business Growth

  • Total Employees: 11,315. Hartlepool exhibits a steady employment rate with a significant number of employees spread across various sectors. The 12.29% growth in employee numbers suggests dynamic business activity and a possibly expanding job market.
  • Employee Growth Rate: 12.29%. This rate is indicative of positive economic momentum, potentially driven by new businesses and scale-ups.

Sector Analysis

  • Top Sectors: The leading sectors are professional, scientific and technical activities (17.55%), construction (15.97%), and wholesale and retail trade (10.94%). This diversity indicates a well-rounded economic structure.
  • Sector Growth Drivers: Notable growth is seen in less traditional sectors like E-commerce and furniture, suggesting an evolving business landscape.

Business Dynamics

  • New Companies (2 Years): 956. This figure shows a promising entrepreneurial spirit and a conducive environment for startups.
  • SMEs: 2,520. Small and medium enterprises form the backbone of Hartlepool’s economy, driving innovation and employment.
  • Scaleups: 12. The presence of scaleups reflects the potential for businesses in Hartlepool to expand and succeed.

Innovation and Global Reach

  • Patent Owners: 3. While modest, this number indicates some degree of innovative activity.
  • Exporters: 57. This suggests a level of international business engagement.
  • Companies with Foreign Parent: 14. This presence of foreign investment is a positive sign of global integration.

Leadership Diversity

  • Founders’ Gender: 33.33% female, 66.67% male. A fair representation of female founders shows progress in gender diversity.
  • Directors’ Gender: 24.88% female, 72.14% male. Although male directors dominate, the presence of female directors is encouraging.


Hartlepool’s economic environment is marked by a growing workforce, diverse sector representation, and a promising number of new companies and SMEs. The city’s economic health is bolstered by scaleups and a mix of local and international business influences. While innovation indicators like patent ownership are low, the diversity in business leadership is a positive sign. Hartlepool’s economy shows signs of dynamic growth and adaptability, positioning it well for future economic development.

Company foundations and cessations over time

Active companies over time

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