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

Analysis Report: Economic and Business Activity in Shropshire


Shropshire’s economic landscape is defined by a diverse range of sectors, with a notable presence in professional, scientific, technical activities, and wholesale and retail trade. The region has experienced a considerable rise in employment, with a 7.87% increase and a notable number of companies across various industries. Despite no recent IPOs, the region shows robust business activities with a significant number of SMEs, exporters, and companies with foreign parentage.

Employment and Business Growth

  • Total Employees: Shropshire employs 98,230 individuals. The region has seen a positive trend in employment, with 231 companies reporting an increase in their workforce.
  • Percentage Employee Growth: The region has witnessed a 7.87% growth in employment, indicating healthy economic activity and job creation.
  • Scale-ups: The presence of 104 scale-up companies reflects a dynamic business environment conducive to growth and expansion.

Sector Dynamics

  • Top Sectors: The leading sectors are Professional, Scientific and Technical Activities (15.38%), Wholesale/Retail Trade and Repair of Motor Vehicles (12.57%), and Construction (11.48%). These sectors form the backbone of Shropshire’s economy.
  • Top Sectors with Rising Number of Companies: Sectors such as Mobile Apps, Food and Drink Processors, Airlines, and Business Banking are showing notable growth.

Business Continuity

  • Company Cessations: There have been 1,395 company cessations in the past, indicating some challenges in sustaining businesses in certain sectors.
  • New Companies in Last 2 Years: 3,496 new companies have emerged in the last two years, highlighting a vibrant and entrepreneurial business climate.

Diversity and Inclusion

  • Gender Diversity in Founders and Directors: The data shows 19.23% female founders and 28.28% female directors, indicating a need for greater gender balance in leadership roles.
  • Age Distribution of Directors: Directors are spread across various age groups, with a significant number over 50 years (29.60% between 50-60, 33.10% over 60), suggesting experienced leadership in the business community.

Other Key Indicators

  • Number of SMEs and Exporters: Shropshire has 14,700 SMEs and 521 exporters, highlighting its role in both local and international markets.
  • Foreign Parent Companies and Fundraisings: The presence of 235 foreign parent companies and 11 fundraisings shows the region’s integration into the global economy and its ability to attract investment.
  • Patent Owners and Grantees: With 408 patent owners, Shropshire demonstrates a strong focus on innovation and intellectual property.


Shropshire’s economy is characterised by a diverse and growing business sector, significant employment growth, and a strong presence in key industries. Challenges remain in company sustainability and gender diversity in leadership roles. Overall, the region shows a robust economic health with promising areas for future growth and development.

Company foundations and cessations over time

Active companies over time

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