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UK entrepreneurs mapped out

UK entrepreneurs mapped out

Birmingham will be the entrepreneurial heart of the UK’s economic recovery over the next few years, according to a new KDB analysis of shareholder-directors across the country, which ranks the Midlands capital in the top slot. 

However, London and its environs continue to dominate the top ranking postcodes for entrepreneurial vigour, boasting six of the top ten rankings.

The new study, from data analysts KDB, examines the most recent records on 2.5m British companies. It identifies areas of the UK where shareholder-directors are most numerous and concentrated. 

These business leaders represent the country’s entrepreneurial community and will be the most significant contributors to the UK’s return to economic health following the recent financial markets crisis.

Other entrepreneurial hotspots outside of the capital and its environs revealed in the KDB study include:-
Brighton (3rd)
Bristol (7th)
Nottingham (8th)
Leicester (11th)
Sheffield (12th)
Warrington (13th)
Manchester (15th)
Peterborough (17th)
Bournemouth (18th)
Coventry (20th)

The regional aggregated picture is even more revealing, showing that regions away from the capital are most likely to provide the engine room of economic recovery.  The four regions registering significantly above the national average score of 100 are, in order:-
The Midlands
The North West
South Central

In Scotland, although below the national average as a whole, there are key entrepreneurial hotspots, including:-
Glasgow (Index 125)
Aberdeen (Index 114)
Edinburgh (101)

Similarly, Welsh hotspots are found in:-
Cardiff (122)
Swansea (111)

Matt Boot, Chief Analyst at KDB, comments, “Recovery from the current economic slowdown will require wealth creation and strong leadership from companies large and small.  Large firms, which employ ranks of clever economists to factor in cyclical changes such as that we are experiencing now, have no doubt predicted the current tough times, even if they might not have foreseen its severity. 

However, large companies, with over 500 employees only represent 41% of the country’s turnover.  The rest is delivered by smaller businesses. In fact, firms with fewer than 100 employees represent 43% of the nation’s turnover – two percentage points higher than large companies.

“Therefore, economists looking beyond the current troubled times towards a period of recovery, will be very interested in where the most dynamic, wealth creating firms are likely to be located in the country.  On a tactical basis, marketers will also be interested in this picture, in that it helps to identify the most vibrant local economies, and therefore the most fertile markets for sustaining current revenues

“For government, economists, and indeed banks, the findings of this study are significant, when it comes to directing initiatives designed to stimulate health and recovery in the ‘real economy’ following the recent financial markets crisis.  A high concentration of shareholder-directors is also indicative of the health, robustness and resilience of local economies.

“The findings are also of interest to marketers targeting high-net-worth individuals around the country, whether for investment products, property, motor vehicles, high-value retail products, luxury holidays, and many more”

Index of British Entrepreneurship
Ranking by combined index of density and volume of shareholder directors in the area

 Principal Town/City Postcode Combined Index
1 Birmingham B 268
2 West London W 217
3 Brighton BN 170
4 South West London SW 168
5 North London N 165
6 Harrow HA 158
7 Bristol BS 156
8 Nottingham NG 155
9 Tonbridge Wells TN 153
10 North West London NW 151
11 Leicester LE 151
12 Sheffield S 150
13 Warrington WA 149
14 Reading RG 146
15 Manchester M 145
16 Guildford GU 138
17 Peterborough PE 138
18 Bournemouth BH 137
19 Chelmsford CM 137
20 Coventry CV 135
21 Portsmouth PO 135
22 Stockport SK 132
23 Southampton SO 129
24 Kingston uopn Thames KT 129
25 Southend-on-sea SS 127
26 Gloucester GL 126
27 Hemel Hempstead HP 125
28 Glasgow G 125
29 Leeds LS 124
30 Oxford OX 123
31 Derby DE 123
32 Redhill RH 122
33 Norwich NR 122
34 Cardiff CF 122
35 Newcastle upon Tyne NE 122
36 Ipswich IP 119
37 Northampton NN 119
38 South East London SE 116
39 Doncaster DN 115
40 Aberdeen AB 114
41 Bath BA 114
42 Preston PR 113
43 East London E 113
44 Exeter EX 111
45 Swansea SA 111
46 York YO 111
47 Stoke-on-trent ST 110
48 Rochester ME 109
49 Milton Keynes MK 109
50 Stevenage SG 108
51 Slough SL 105
52 Dudley DY 104
53 Chester CH 103
54 Walsall WS 102
55 Edinburgh EH 101
56 Swindon SN 101
57 Colchester CO 101
58 Croydon CR 98
59 Blackburn BB 98
60 Bolton BL 96
61 Ilford IG 96
62 Dartford DA 96
63 Oldham OL 96
64 Enfield EN 96
65 Lancaster LA 95
66 City of London EC 95
67 Plymouth PL 95
68 Taunton TA 94
69 Crewe CW 94
70 Carlisle CA 94
71 Bromley BR 93
72 Cambridge CB 93
73 Hull HU 93
74 Liverpool L 92
75 Dorchester DT 92
76 Torquay TQ 91
77 Shrewsbury SY 91
78 Worcester WR 91
79 Blackpool FY 91
80 Truro TR 90
81 Llangollen LL 90
82 Twickenham TW 89
83 Romford RM 89
84 Newport NP 88
85 Wakefield WF 87
86 Canterbury CT 87
87 Middlesborough TS 86
88 Lincoln LN 85
89 West Central London WC 85
90 Wolverhampton WV 85
91 Huddersfield HD 85
92 Bradford BD 85
93 Watford WD 85
94 Luton LU 83
95 Darlington DL 83
96 Sutton SM 83
97 Hereford HR 83
98 Wigan WN 80
99 Salisbury SP 80
100 Harrogate HG 79
101 St Albans AL 79
102 Telford TF 76
103 Kirkcaldy KY 74
104 Motherwell ML 74
105 Halifax HX 74
106 Dundee DD 73
107 Falkirk FK 71
108 Galashiels TD 69
109 Durham DH 69
110 Uxbridge UB 69
111 Paisley PA 68
112 Kilmarnock KA 68
113 Llandrindod Wells LD 68
114 Inverness IV 64
115 Perth PH 63
116 Shetland ZE 62
117 Dumfries DG 60
118 Sunderland SR 59
119 Caithness KW 56
120 Stornoway HS 36



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