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

Analysis Report: Economic and Business Activity in Tunbridge Wells


Tunbridge Wells showcases a diverse economic landscape with significant activity in professional, scientific, technical, information, communication, and retail sectors. The presence of scale-ups and new companies indicates a dynamic business environment. However, the absence of IPOs and a moderate employee growth rate suggest a need for further stimulation in certain areas.

Employment and Business Growth

  • Total Employees: 51,027. Tunbridge Wells has seen a moderate growth in employment with a 4.92% increase. Despite the absence of IPOs, the presence of 46 scale-ups indicates potential for future employment expansion.

Sector Dynamics

  • Top Sectors: Professional, scientific, and technical activities lead (19.24%), followed by information and communication (11.28%), and retail trade (10.09%). This diversity underscores a robust economic foundation.
  • Sector Growth: Sectors showing notable growth include internet platforms, SaaS, distribution, analytics, and food and drink processing. These emerging sectors are pivotal for future economic diversification.

Business Continuity

  • Company Cessations: A total of 913 companies ceased operations. This figure, juxtaposed with the creation of 1,950 new companies in two years, indicates a dynamic but challenging business environment.
  • New Companies: With 1,950 new companies in the last two years, there’s a notable entrepreneurial spirit, supporting the local economy’s resilience and adaptability.

Diversity and Inclusion

  • Gender Representation: The percentage of female founders is 14.29%, with male founders at 85.71%. Female directors represent 29.60% of the total, suggesting a need for greater gender balance in leadership roles.

Business Resilience

  • Attendance at Business Events: 11 attendances at significant events, indicating an active participation in the broader business community.


Tunbridge Wells demonstrates a vibrant and varied business ecosystem, with strengths in several sectors, especially professional services and tech. The growth of scale-ups and new companies is promising, but efforts to increase IPOs, employee growth, and gender diversity in leadership could further enhance economic vitality.

Company foundations and cessations over time

Active companies over time

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