Southampton and Norwich are similarly sized business centres with 23,069 and 21,968 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 Buying and selling of own real estate and Development of building projects.
Southampton has 23,069 active companies compared to 21,968 in Norwich — 1,101 more.
Southampton has a higher 2020s company formation rate (58.2%) compared to Norwich (56.7%).
Both cities share these top industries: 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., Other letting and operating of own or leased real estate. Southampton is uniquely strong in Freight transport by road and Information technology consultancy activities, while Norwich stands out in Activities of other holding companies n.e.c. and Dormant Company.