Southampton and Newcastle Upon Tyne are similarly sized business centres with 22,454 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.
Southampton has 22,454 active companies compared to 21,017 in Newcastle Upon Tyne — 1,437 more.
Newcastle Upon Tyne has a higher 2020s company formation rate (55.9%) compared to Southampton (52.6%).
Both cities share these top industries: Activities of other holding companies n.e.c., Buying and selling of own real estate, Development of building projects, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Southampton is uniquely strong in Freight transport by road and Other service activities n.e.c., while Newcastle Upon Tyne stands out in Dormant Company and Management of real estate on a fee or contract basis.