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

Analysis Report: Economic and Business Activity in South Staffordshire


The economic landscape of South Staffordshire is characterised by a diverse range of sectors with a total employment of 25,590. The region has seen significant business growth, with notable contributions from sectors like wholesale and retail trade, construction, and professional services. Despite a lack of IPOs, there’s a positive employee growth rate of approximately 9.33%. The region also demonstrates a strong foundation in small and medium enterprises (SMEs) and a modest presence in international markets, as indicated by the number of exporters and companies with foreign parentage.

Employment and Business Growth

  • Total Employees: 25,590. The employment landscape in South Staffordshire shows a healthy mix across various sectors, with a notable increase in employment figures.
  • Employee Growth Rate: 9.33%. This indicates a robust upward trend in employment, contributing to the region’s economic vitality.
  • Top Sectors with Employment Growth: Not explicitly listed, but inferred from the top sectors, sectors like wholesale and retail trade, construction, and professional services are likely leading in employment growth.

Sector Dynamics

  • Leading Sectors by Company Numbers: The dominant sectors are wholesale/retail trade (963 companies) and construction (890 companies), followed by professional, scientific, and technical activities (744 companies). These sectors form the backbone of South Staffordshire’s economy.
  • Sectors with Rising Company Numbers: Notable sectors experiencing growth include other health and fitness, toys/games/sports equipment, design services, technology/IP-based businesses, and educational services. This diversity suggests a healthy, evolving business environment.

Business Continuity

  • Company Cessations: The data does not explicitly mention company cessations, but 636 companies are listed as ‘dead’, which might indicate closures or inactivity.
  • New Companies in 2 Years: 1,468 new companies emerged, showing vibrant entrepreneurial activity.
  • Scale-ups: 33 scale-ups indicate a nurturing environment for growing businesses.
  • SMEs and Exporters: There are 4,475 SMEs and 148 exporters, highlighting a strong local business presence with some international outreach.

Innovation and Investment

  • Patent Owners and Grantees: With 69 patent owners and 2 grantees, the region shows modest innovation activity.
  • Fundraisings and IPOs: The region recorded 2 fundraisings but no IPOs, suggesting a focus on private investment over public markets.

Diversity in Leadership

  • Founders’ Gender: 9.68% female founders versus 90.32% male founders.
  • Directors’ Gender: 28.44% female directors and 67.84% male directors, indicating a gender gap in leadership roles.

Youth and Spinouts

  • Young Companies with Young Directors: 320 companies, showing a youthful entrepreneurial spirit.
  • Spinouts: No recorded spinouts, suggesting potential areas for development.


South Staffordshire exhibits a robust and diverse economic profile with significant business growth, particularly in wholesale, retail, and construction. The presence of a substantial number of SMEs and a reasonable number of exporters and companies with foreign parentage indicate both local strength and international connections. The gender disparity in leadership and a lack of spinouts are areas for potential improvement. Overall, the region shows a healthy mix of traditional and emerging sectors, contributing to its economic resilience.

Company foundations and cessations over time

Active companies over time

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