Sheffield and Reading are similarly sized business centres with 33,167 and 23,221 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.
Sheffield has 33,167 active companies compared to 23,221 in Reading — 9,946 more.
Sheffield has a higher 2020s company formation rate (54.8%) compared to Reading (51.5%).
Both cities share these top industries: Activities of other holding companies n.e.c., Buying and selling of own real estate, Management consultancy activities other than financial management, Other business support service activities n.e.c., Other letting and operating of own or leased real estate. Sheffield is uniquely strong in Development of building projects and Dormant Company, while Reading stands out in Business and domestic software development and Information technology consultancy activities.