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

Analysis Report: Economic and Business Activity in Middlesbrough


Middlesbrough, a dynamic city in terms of economic and business activity, shows significant diversity in its industrial sectors and a notable growth in employment. With a total of 32,198 employees and a 10.35% employee growth rate, the city is experiencing a positive trend in business development. The data indicates a healthy mix of industries, ranging from professional services to construction and retail, contributing to a robust economic environment.

Employment and Business Growth

  • Total Employees: Middlesbrough has 32,198 employees, with 123 companies reporting employee growth. This indicates a vibrant job market and suggests a trend of business expansion across various sectors.
  • Percentage Employee Growth: The 10.35% growth in employees is a strong indicator of economic vitality, reflecting both the creation of new jobs and the expansion of existing businesses.
  • Number of Scaleups: With 34 scaleup companies, Middlesbrough demonstrates an encouraging environment for business development and growth.

Sector Dynamics

  • Top Sectors by Number of Companies: The leading sectors are diverse, with ‘Professional, scientific and technical activities’ (1,127 companies) and ‘Wholesale and retail trade / repair of motor vehicles and motorcycles’ (1,116 companies) at the forefront. This diversity is key to economic resilience.
  • Top Sectors Showing Growth: Sectors such as ‘Property/land development and construction’ and ‘Design services’ are among the top growing sectors, reflecting a dynamic and evolving business landscape.
  • Total Companies: There are 7,113 companies in Middlesbrough, indicating a healthy business ecosystem.
  • New Companies (2 Years): The addition of 2,674 new companies over two years highlights a vibrant start-up scene and entrepreneurial spirit.
  • SMEs and Exporters: The presence of 4,678 SMEs and 89 exporters signifies a strong backbone of small and medium-sized businesses with international reach.
  • Foreign Parent Companies: With 69 foreign parent companies, there’s a notable level of international investment and influence in the local economy.

Business Continuity

  • Company Cessations: The cessation of 1,149 companies suggests challenges in the business environment, possibly due to market dynamics or external economic factors.

Directors and Founders Demographics

  • Founders Gender: The gender distribution among founders shows 7.04% female and 91.55% male, indicating a significant gender gap in entrepreneurship.
  • Directors Gender: 21.70% female and 73.89% male directors reflect a similar trend in leadership roles.
  • Age Distribution of Directors: A diverse age range among directors, with a notable presence in the 30-50 age group, suggests a blend of experience and new perspectives in company leadership.


Middlesbrough’s economic landscape is characterised by a strong and diverse industrial base, significant growth in employment, and a thriving entrepreneurial environment. However, challenges such as company cessations and gender disparity in leadership roles need attention. Overall, the city demonstrates a robust and evolving economic ecosystem.

Company foundations and cessations over time

Active companies over time

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