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Midlands remains the UK’s number one hotspot for start ups
The Midlands remains the UK’s hotspot for early-stage startups, according to Clarity, a new data asset from business advisory firm Quantuma. In a new report on the Midlands economy the firm also reveals that the region is driven by a thriving manufacturing sector, which also leads in terms of growth prospects compared to any other UK region, along with strong performances for the construction and financial services sectors.
Quantuma’s Clarity data model has been created to inform and support the advisory and lending community in developing predictive insight into the health of UK SMEs. In addition to identifying opportunities for growth, Clarity also measures levels of distress amongst SMEs and their respective sectors to spot issues early and support advisers in taking action to resolve them.
A hub for startups but more support needed for maturing businesses
The report analyses the distress of SMEs by age distribution in the region, and reveals that the proportion of the most severely distressed SMEs in the 0-3 years age bracket is significantly lower than in the same category for the UK as a whole. In the Midlands those startup businesses account for only 2% of the total number of distressed businesses, compared with 8% across the UK.
This difference is offset in the 3-7 years age bracket, where SMEs in the Midlands account for 43% of the total compared to 38% in the UK as a whole.
A thriving sector – manufacturing
The UK is currently experiencing a boom in manufacturing, and this is especially apparent in the Midlands. According to data from Clarity, the manufacturing sector in the Midlands is performing well in comparison to all other regions in the UK. In addition, manufacturing SMEs in the region rank 17% higher than their London counterparts when it comes to growth prospects and financial stability. Construction and financial services SMEs also outperform UK SMEs on average, ranking higher on growth and financial stability than London and the UK average.
However, across other sectors in the region, the outlook is not as bright. SMEs in the leisure, utilities, healthcare, and transport and logistics sectors rank lower when it comes to financial stability and growth compared to London and several other regions in the UK.
Identifying distress and jobs at risk
Analysis from Clarity highlights that financial distress for SMEs in the Midlands has been broadly consistent with the rest of the UK. The report also highlights that there are differences within the region when it comes to jobs at risk. Clarity identifies that nearly twice as many jobs are at risk in the West Midlands region (9,000) compared to the East Midlands (5,000). Of those 9,000 jobs, 17 percent are in SMEs that sit in Clarity’s most severely distressed category (15 to 25 times more likely to fail), compared to just 6 per cent in the same category in the East Midlands.
Richard Easterby, director at Quantuma, said: “The Midlands boasts one of the UK’s most exciting places for entrepreneurs to set up their businesses. However, it is important to capitalise on the opportunities to spread growth and investment across the whole of the region, especially when it comes to supporting maturing businesses.“Clarity gives us the opportunity to work with businesses and other professional advisers across the region to plan by identifying the key sectors and individual businesses that need the most attention. Looking at job stability in the region, it is evident that policy makers need to address this uncertainty while also developing new paths to distributing growth opportunities across the Midlands as a whole.”
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The East Midlands Bricks Awards 2022: putting property and construction businesses in the spotlight
- Most active estate agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, the winner will be selected from those nominated)
Book your tickets now
Tickets can now be booked for the awards event – click here to secure yours. The special awards evening and networking event will be held on 15 September 2022 in the Derek Randall Suite at the Trent Bridge County Cricket Club from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region. Dress code is standard business attire.









To be held at:

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Celebrate outstanding projects and businesses with a nomination for the East Midlands Bricks Awards 2022!
William Crooks, Managing Director of Cawarden, reflected on winning an award at the 2021 event: “After being named Contractor of the Year at the British Demolition Awards at the start of September, we were absolutely thrilled to win the same accolade from the East Midlands Bricks Awards a few weeks later.
“The event is a real showcase for the regional property and construction sector and we are proud to be recognised for our project and service delivery expertise as a leading specialist contractor. It was a great night and provided an opportunity to catch up with some familiar faces as well as meeting new with the wonderful Trent Bridge Cricket Ground as a backdrop.
“Well done to the Cawarden team for continuously going above and beyond and maintaining high standards for our valued clients. Congratulations must also go to all the other awards finalists and award winners on the night.”
To submit a business or development for the East Midlands Bricks Awards 2022, please click on a category link below or visit this page.- Most active estate agent
- Commercial development of the year
- Responsible business of the year
- Residential development of the year
- Developer of the year
- Deal of the year
- Architects of the year
- Excellence in design
- Sustainable development of the year
- Contractor of the year
- Overall winner (this award cannot be entered, the winner will be selected from those nominated)
Book your tickets now
Tickets can now be booked for the awards event – click here to secure yours. The special awards evening and networking event will be held on 15 September 2022 in the Derek Randall Suite at the Trent Bridge County Cricket Club from 4:30pm – 7:30pm. Connect with local decision makers over canapés and complimentary drinks while applauding the outstanding companies and projects in our region. The event will also welcome John Forkin MBE DL, Managing Director at award-winning investment promotion agency Marketing Derby, as keynote speaker. Dress code is standard business attire.









To be held at:

Land development and property consultancy appoint new director
Specialist land development and property consultancy Mather Jamie has announced the promotion of Gary Kirk to director.
Gary was promoted to senior associate director by the Loughborough-based firm of Chartered Surveyors in February 2021 and subsequently joined the management board alongside fellow directors Robert Cole, Andrew Bamber, Alex Reid, Gary Owens, and Amy Biddell.
Having spent a placement year with Mather Jamie during 2008-09, Gary re-joined the company in 2010 having obtained a degree in Rural Enterprise and Land Management from Harper Adams University College. Gary later became a Member of the Royal Institution of Chartered Surveyors in 2012 and a Fellow of the Central Association of Agricultural Valuers in 2013.
Over the last 12 years, Gary has steadily progressed his career and expanded the firm’s client base and his involvement in property transactions and estate management. In recent years he has played an influential role strategically advising clients on the disposal of land to leading housebuilders and property developers that require land to create residential developments ranging in size from sites for two dwellings up to large-scale developments that will deliver hundreds of homes.
Commenting on his promotion, Gary said: “Mather Jamie offers a great environment for young people to learn from experienced and well-respected professionals. My career is evidence of the way the firm supports young professionals and allows them to grow and flourish via their pathway of internal promotion.
“I am really pleased that my long-term commitment to the firm and our clients has been rewarded with promotion to director and that I have been entrusted to help to ensure the future longevity of the firm. I am extremely grateful to my colleagues and clients for their support over the years.”
Mather Jamie Managing Director, Robert Cole, added: “We pride ourselves in offering a director-led service and Gary should be really proud of the way he has progressed his career at the firm. Being a strategic adviser requires patience and supporting talented young people to progress their career within the same firm enables us to build the kind of long-term trusted relationships that ensures our clients achieve their short and long term objectives.”
Over the last month Gary and the team have completed transactions including the sale of land to Jelson Homes, Sheppard Developments, Dandara and Cameron Homes. The firm was also recognised as a 2022 CoStar Awards winner, which honour the very best agents in commercial real estate.