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

Analysis Report: Economic and Business Activity in Sevenoaks


Sevenoaks, a bustling economic hub, showcases a diverse economic landscape. The city’s employment base of 75,160 experienced a growth of 8.69%, indicating robust economic health. Notably, the sectors like professional services, construction, and administrative support dominate the business environment. However, it’s worth noting the absence of IPOs, suggesting a focus on private or smaller-scale enterprises.

Employment and Business Growth

  • Total Employees: Sevenoaks has a strong workforce of 75,160 employees. The 8.69% employee growth rate is a positive sign, indicating thriving business activities and potential job opportunities.
  • Sector Dynamics: Dominant sectors include professional, scientific, technical activities (16.53%), construction (15.65%), and administrative support (10.99%). This diversification suggests a balanced economic structure.
  • Top Sectors with Rising Companies: Sectors like Internet platforms and Software-as-a-Service (SaaS) are emerging, reflecting a trend towards digitalisation and technological innovation.

Business Continuity

  • Company Cessations: With a total of 12,789 companies, Sevenoaks saw 966 company cessations, indicating a dynamic business environment with ongoing churn.
  • New Companies: The addition of 1,184 new companies over two years showcases the city’s entrepreneurial spirit and a conducive environment for new ventures.

Entrepreneurship and Innovation

  • Scaleups: 72 scaleups signify the city’s potential for growing businesses into larger enterprises.
  • Startups and SMEs: The presence of 10,016 SMEs underlines the backbone of the city’s economy as small and medium-sized enterprises.
  • Innovative Companies: With 147 patent owners and 4 grantees, Sevenoaks demonstrates a modest but significant innovative capacity.

Demographics and Governance

  • Gender Representation: Founders’ gender distribution shows 12.95% female and 85.61% male, indicating a gender gap in entrepreneurship. In directorship, 27.86% are female, suggesting slightly better representation in governance.
  • Age Distribution of Directors: A significant proportion of directors are in the 50-60 (29.27%) and over 60 (27.80%) age brackets, indicating experienced leadership.


Sevenoaks presents a vibrant and diverse economic landscape with strong growth in employment and a significant number of SMEs. The city shows a tilt towards traditional sectors, with emerging trends in tech-based industries. While there is notable innovation and entrepreneurial activity, efforts could be enhanced in areas like gender diversity in entrepreneurship and fostering more start-ups and scaleups.

Company foundations and cessations over time

Active companies over time

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