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

Analysis Report: Economic and Business Activity in Oadby and Wigston


Oadby and Wigston, a local council area, exhibits a diverse economic landscape with significant activities in various sectors. The total number of employees stands at 12,339, highlighting a robust employment scenario. However, specific details on employment growth trends are not provided. The dominant sectors include wholesale/retail trade, real estate, and professional activities, indicating a balanced mix of service-oriented and technical industries.

Employment and Business Growth

  • Total Employees: 12,339 employees. This figure represents the workforce within Oadby and Wigston’s diverse economy. However, the data lacks information on the rate of employment growth and the sectors contributing most to this figure.
  • Employee Growth Rate: 7.49%. This positive growth rate suggests a healthy expansion in employment, indicative of a thriving business environment.

Sector Analysis

  • Dominant Sectors: Key sectors include wholesale/retail trade, real estate, professional/scientific activities, and construction. These sectors represent a mix of service-oriented and technical industries, contributing to a diversified economic base.
  • Rising Sectors: Data on sectors with the most significant growth in the number of companies is not provided, which limits the analysis of emerging or declining sectors.

Business Continuity

  • Company Cessations: Information on company closures or cessations is not available, which is crucial to understanding business sustainability in the area.
  • Number of Companies: 3,499, indicating a healthy business ecosystem.
  • New Companies (Last 2 Years): 1,089 new companies. This number reflects a dynamic business environment with a steady influx of new enterprises.
  • SMEs and Exporters: The presence of 2,599 SMEs and 87 exporters suggests a strong small and medium enterprise sector, contributing to both local and international trade.
  • Scaleups: 10 scaleups, companies that have shown significant growth, indicating a nurturing environment for business expansion.

Innovation and International Presence

  • Patent Owners and Grantees: Lack of data on patent owners and grantees limits insights into the innovation landscape.
  • Foreign Parent Companies: Absence of foreign parent companies suggests limited international corporate influence in the local economy.

Leadership and Diversity

  • Gender Distribution in Founders and Directors:
    • Founders: 100% male, indicating a gender gap in entrepreneurial ventures.
    • Directors: 26.15% female, 66.96% male, showing a significant male dominance in corporate leadership.
  • Age Distribution of Directors: A broad age distribution among directors, with significant representation in the 40-60 age group, suggesting experienced leadership.


Oadby and Wigston’s economic landscape is characterised by a robust employment base, diverse sectoral activities, and a healthy influx of new companies. The area shows potential in business growth and sector diversity, though there’s a notable gender disparity in business leadership. Innovation and international business presence appear limited, suggesting areas for future development.

Company foundations and cessations over time

Active companies over time

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