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

Analysis Report: Economic and Business Activity in Northumberland


Northumberland showcases a diverse economic landscape with significant activities in professional, scientific, technical, and construction sectors. The region has experienced a notable increase in employee numbers, indicating robust business growth. However, there have been no IPOs, suggesting a focus on private or smaller-scale business ventures. The presence of young companies and directors implies a dynamic and evolving business environment.

Employment and Business Growth

  • Total Employees: 57,254 employees, with an increase of 356, marking a 7.66% growth. This indicates healthy employment trends, likely driven by the region’s diverse economic sectors.
  • Top Sectors with Employee Growth: Sectors such as Property/Land Development, Food and Drink Processing, Internet Platforms, and Civil Engineering Services have shown notable growth, indicating a shift towards these industries.

Sector Dynamics

  • Top Sectors: Leading sectors include Professional/Scientific/Technical Activities (15.35%), Construction (12.16%), Retail Trade/Repair of Motor Vehicles (11.74%), and Real Estate (8.87%). This diverse mix underlines Northumberland’s multifaceted economic base.
  • Emerging Sectors: Emerging sectors include Internet Platforms and Civil Engineering, which may signal new opportunities for economic development.
  • Total Companies: Northumberland hosts 12,948 companies, with 1,644 new companies in the last two years, indicating a steady rise in entrepreneurship.
  • Scaleups: The presence of 74 scaleups suggests a supportive environment for business expansion.
  • SMEs and Exporters: 10,113 SMEs and 281 exporters reflect a strong backbone of small and medium-sized businesses contributing to the economy.

Business Continuity

  • Company Cessations: There have been 1,192 company cessations, which is a natural part of the business cycle, indicating a dynamic market where new businesses replace those that close.
  • Fundraisings and Patents: 306 fund-raisings and 14 patent owners suggest a focus on innovation and growth.

Governance and Diversity

  • Directors’ Age and Gender: The distribution of directors’ ages shows a blend of experience and youth, with significant representation above 40 years. Gender diversity is moderate, with 29.95% female directors and 66.64% male directors.
  • Young Companies and Directors: 517 young companies with young directors indicate a vibrant start-up scene.


Northumberland’s economy is characterised by a healthy mix of traditional and emerging sectors, with notable business growth and a dynamic entrepreneurial environment. The region’s focus on diverse industries, coupled with an environment supportive of scaleups and innovation, positions it well for future economic resilience and growth.

Company foundations and cessations over time

Active companies over time

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