Cambridge and Newcastle Upon Tyne are similarly sized business centres with 21,091 and 21,017 active companies respectively. This close match makes their industry mix, growth trajectory, and formation history all the more interesting to compare. Both cities share strength in Activities of other holding companies n.e.c. and Buying and selling of own real estate.
Cambridge has 21,091 active companies compared to 21,017 in Newcastle Upon Tyne — 74 more.
Newcastle Upon Tyne has a higher 2020s company formation rate (55.9%) compared to Cambridge (52.2%).
Both cities share these top industries: Activities of other holding companies n.e.c., Buying and selling of own real estate, Dormant Company, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Cambridge is uniquely strong in Business and domestic software development and Information technology consultancy activities, while Newcastle Upon Tyne stands out in Development of building projects and Management of real estate on a fee or contract basis.