Coventry and Newcastle Upon Tyne are similarly sized business centres with 27,131 and 21,235 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.
Coventry has 27,131 active companies compared to 21,235 in Newcastle Upon Tyne — 5,896 more.
Coventry has a higher 2020s company formation rate (59.4%) compared to Newcastle Upon Tyne (56.0%).
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.. Coventry is uniquely strong in Freight transport by road 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.