Reading and Southampton are similarly sized business centres with 23,758 and 22,872 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.
Reading has 23,758 active companies compared to 22,872 in Southampton — 886 more.
Southampton has a higher 2020s company formation rate (52.7%) compared to Reading (51.3%).
Both cities share these top industries: Activities of other holding companies n.e.c., Buying and selling of own real estate, Information technology consultancy activities, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Reading is uniquely strong in Business and domestic software development and Other information technology service activities, while Southampton stands out in Development of building projects and Freight transport by road.