Cheltenham, Gloucestershire
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company closures in Cheltenham when compared to any previous February.
- January 2010 saw a new record in company closures in Cheltenham when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 270 companies were registered in Cheltenham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 20.0% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Cheltenham UK 2010 270 105,137 2009 225 91,034 % change 20.0% 15.5% Record Year 2007 (460) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 76 104 90 New companies in 2009 67 72 86 % change 13.4% 44.4% 4.7% Record Year 2008 (128) 2007 (112) 2007 (258)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 221 companies were dissolved in Cheltenham during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 3.1% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Cheltenham UK 2010 221 82,677 2009 228 108,060 % change -3.1% -23.5% Record Year 2009 (228) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Cheltenham when compared to any previous February.
January 2010 saw a new record in company closures in Cheltenham when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2010 61 87 73 Closed companies in 2009 47 57 124 % change 29.8% 52.6% -41% Record Year 2010 (61) 2010 (87) 2009 (124)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Cheltenham during the first quarter of 2010 (Jan 2010 - Mar 2010) was 49 companies.
first quarter (Jan 2010 - Mar 2010) Cheltenham UK 2010 49 22,460 2009 -3 -17,026 Record Year 2007 (343) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 15 17 17 Net growth in 2009 20 15 -38 Record Year 2008 (86) 2007 (78) 2007 (215)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Cheltenham formed 0.3% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Cheltenham 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.3% 2006 0.3% Record Year (since 1960) 1967 (0.5%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.3% 0.3% 0.2% UK formation share in 2009 0.2% 0.3% 0.2% % change 5.2% 23.7% -13.0% Record Year 1970 (1.0%) 1967 (0.8%) 1967 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 47.6.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 7.6% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Cheltenham was in 1861 when 40.0% of all directors were female.
23.3% of all director appointments in Cheltenham in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.59% MANAGEMENT 5.01% MANAGEMENT 1.26% CONSULTING 4.60% CHELTENHAM 1.12% CONSULTANCY 2.87% PROPERTY 1.05% PROPERTY 2.50% J 0.91% ASSOCIATES 2.04% SYSTEMS 0.91% TRADING 1.93% COTSWOLD 0.91% DESIGN 1.91% IT 0.84% CONSTRUCTION 1.87% HOUSE 0.84% MEDIA 1.84% PARTNERS 0.77% BUSINESS 1.74% CONSULTANCY 0.77% INTERNATIONAL 1.73% BUSINESS 0.70% CONSULTANTS 1.63% PTC 0.70% ENGINEERING 1.54% PROPERTIES 0.63% J 1.48% DESIGN 0.63% LONDON 1.45% MEDIA 0.63% INVESTMENTS 1.45% BLUE 0.56% GROUP 1.37% DEVELOPMENTS 0.49% GLOBAL 1.35% ELECTRICAL 0.49% PROPERTIES 1.35% S 0.49% BUILDING 1.34% DENTAL 0.49% CARE 1.33% (CHELTENHAM) 0.49% ELECTRICAL 1.30% BUILDERS 0.42% M 1.28% HOLDINGS 0.42% SYSTEMS 1.25% CONTRACTORS 0.42% S 1.23%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 424 228,645 7487 - Other business activities 307 74,904 70229 - Management consultancy activities other than financial management 69 14,007 82990 - Other business support service activities not elsewhere classified 61 26,974 7414 - Business & management consultancy 60 17,003 62020 - Information technology consultancy activities 55 9,943 9999 - Dormant Company 54 19,948 7499 - Non-trading company 40 15,398 99999 - Dormant Company 35 13,808 7222 - Other software consultancy and supply 30 9,659 41100 - Development of building projects 26 4,513 74990 - Non-trading company 26 8,149 4521 - General construction & civil engineering 25 9,325 7260 - Other computer related activities 25 10,331 74909 - Other professional, scientific and technical activities not elsewhere classified 23 7,143 9305 - Other service activities 21 9,038 62090 - Other information technology service activities 18 6,340 96090 - Other service activities not elsewhere classified 18 8,154 7011 - Development & sell real estate 18 5,300 98000 - Residents property management 17 3,892
Recent Companies
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Randomly selected companies from this quarter
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