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

Analysis Report: Economic and Business Activity in Teignbridge


Teignbridge’s economic landscape is characterised by a diverse mix of sectors, with a notable emphasis on professional, scientific, and technical activities, construction, and retail trade. The total number of employees in the region stands at 36,799, with a 5.69% growth in employment, indicating a positive trend in job creation. The area shows a healthy mix of small and medium-sized enterprises (SMEs), with a total of 6,142 SMEs contributing significantly to the local economy. There is also a noteworthy presence of companies with foreign parentage and a growing number of patent owners and grantees, suggesting an environment conducive to innovation and international business.

Employment and Business Growth

  • Total Employees: 36,799. The region has experienced a 5.69% growth in employment, indicating robust job creation.
  • Sectors with Most Employees: Professional, scientific and technical activities (14.26%), Construction (14.01%), and Retail Trade (11.34%). These sectors are pivotal to the region’s economic stability and growth.
  • Number of Scale-ups: 54. This signifies a dynamic business environment where companies are scaling and contributing to economic development.

Sector Dynamics

  • Top Sectors: The leading sectors in Teignbridge are diverse, with professional services and construction leading. This diversity is a strength, as it indicates a balanced economy not overly reliant on a single sector.
  • Top Sectors Showing Growth: Sectors such as Other Retail and Electrical Components are among those showing growth. This suggests evolving market opportunities in these areas.
  • Number of Companies: 7,671. This number reflects the region’s strong entrepreneurial spirit.
  • New Companies in Last 2 Years: 1,537. This highlights the region’s attractiveness for new business ventures.
  • SMEs and Exporters: There are 6,142 SMEs and 171 exporters, indicating a vibrant small business sector with international reach.

Business Continuity

  • Company Cessations: 647. While this figure represents businesses that have ceased operations, it is a natural part of a dynamic economic environment.

Gender Representation in Leadership

  • Founders: 14.93% female, 80.60% male. This shows a gender gap in entrepreneurship that needs addressing.
  • Directors: 30.05% female, 65.44% male. Although better than the founders’ statistics, there’s still room for improvement in gender diversity at the directorial level.


Teignbridge presents a dynamic economic environment with diverse sector representation, significant SME presence, and a healthy rate of new company formations. However, there are areas for improvement, such as increasing female participation in founding and leadership roles and fostering growth in sectors showing potential.

Company foundations and cessations over time

Active companies over time

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