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

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. 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)CheltenhamUK
    2010270105,137
    200922591,034
    % change20.0%15.5%
    Record Year 2007 (460) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 20107610490
    New companies in 2009677286
    % change13.4%44.4%4.7%
    Record Year2008 (128)2007 (112)2007 (258)

Closed Companies (dissolved)

  1. 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)CheltenhamUK
    201022182,677
    2009228108,060
    % change-3.1%-23.5%
    Record Year 2009 (228) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2010618773
    Closed companies in 20094757124
    % change29.8%52.6%-41%
    Record Year2010 (61)2010 (87)2009 (124)

Net Company Growth

  1. 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)CheltenhamUK
    20104922,460
    2009-3-17,026
    Record Year 2007 (343) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010151717
    Net growth in 20092015-38
    Record Year2008 (86)2007 (78)2007 (215)

UK Company Share

  1. 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
    20100.3%
    20090.2%
    20080.3%
    20070.3%
    20060.3%
    Record Year (since 1960) 1967 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.3%0.3%0.2%
    UK formation share in 20090.2%0.3%0.2%
    % change5.2%23.7%-13.0%
    Record Year1970 (1.0%)1967 (0.8%)1967 (0.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    CONSULTING2.59%MANAGEMENT5.01%
    MANAGEMENT1.26%CONSULTING4.60%
    CHELTENHAM1.12%CONSULTANCY2.87%
    PROPERTY1.05%PROPERTY2.50%
    J0.91%ASSOCIATES2.04%
    SYSTEMS0.91%TRADING1.93%
    COTSWOLD0.91%DESIGN1.91%
    IT0.84%CONSTRUCTION1.87%
    HOUSE0.84%MEDIA1.84%
    PARTNERS0.77%BUSINESS1.74%
    CONSULTANCY0.77%INTERNATIONAL1.73%
    BUSINESS0.70%CONSULTANTS1.63%
    PTC0.70%ENGINEERING1.54%
    PROPERTIES0.63%J1.48%
    DESIGN0.63%LONDON1.45%
    MEDIA0.63%INVESTMENTS1.45%
    BLUE0.56%GROUP1.37%
    DEVELOPMENTS0.49%GLOBAL1.35%
    ELECTRICAL0.49%PROPERTIES1.35%
    S0.49%BUILDING1.34%
    DENTAL0.49%CARE1.33%
    (CHELTENHAM)0.49%ELECTRICAL1.30%
    BUILDERS0.42%M1.28%
    HOLDINGS0.42%SYSTEMS1.25%
    CONTRACTORS0.42%S1.23%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied424228,645
    7487 - Other business activities30774,904
    70229 - Management consultancy activities other than financial management6914,007
    82990 - Other business support service activities not elsewhere classified6126,974
    7414 - Business & management consultancy6017,003
    62020 - Information technology consultancy activities559,943
    9999 - Dormant Company5419,948
    7499 - Non-trading company4015,398
    99999 - Dormant Company3513,808
    7222 - Other software consultancy and supply309,659
    41100 - Development of building projects264,513
    74990 - Non-trading company268,149
    4521 - General construction & civil engineering259,325
    7260 - Other computer related activities2510,331
    74909 - Other professional, scientific and technical activities not elsewhere classified237,143
    9305 - Other service activities219,038
    62090 - Other information technology service activities186,340
    96090 - Other service activities not elsewhere classified188,154
    7011 - Development & sell real estate185,300
    98000 - Residents property management173,892

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07166910 ONE PORTFOLIO NGU LTD 24 Feb 2010
    07164553 ARCASMA LIMITED 22 Feb 2010
    07162872 PERFECT MEDIA SOLUTIONS LTD 19 Feb 2010
    07156744 SELTRA SOLUTIONS LIMITED 15 Feb 2010
    07154186 SELL BY AUCTION LIMITED 11 Feb 2010
    07149986 BABY NOVICE LIMITED 08 Feb 2010
    OC352210 123 LLAMA CO LLP 10 Feb 2010
    07164640 HERAY LINGUISTICS AND MEDIA SERVICES LIMITED 22 Feb 2010
    07156529 TELEPHONE SYSTEMS (MANCHESTER) LTD 12 Feb 2010
    07152909 SIMPLICITY TELECOMMUNICATIONS LTD 10 Feb 2010
    07150496 STROUD FABRICATIONS LTD 09 Feb 2010
    07141990 HIGHVIEW DENTAL CARE LTD 01 Feb 2010
    07163596 RED HOUSE (CHELTENHAM) LIMITED 19 Feb 2010
    07159586 MJ CONNEXIONS LIMITED 16 Feb 2010
    07157722 THE BRIQUETTE COMPANY LIMITED 15 Feb 2010
    07152532 MGS CREATES LIMITED 10 Feb 2010
    07151742 RUNE ENTERPRISES LTD 09 Feb 2010
    07151435 STENAN CONSULTING LTD 09 Feb 2010
    07148890 BEECHWOOD PROPERTY MAINTENANCE LIMITED 06 Feb 2010
    07148811 BELLEVILLE GUITAR COMPANY LTD 06 Feb 2010
    07142262 PYRAMID CONSERVATORIES AND ROOF SYSTEMS LTD 02 Feb 2010
    07168150 GABBY CONSULTANCY LTD 24 Feb 2010
    07162200 DFT INSTRUMENTS (UK) LIMITED 18 Feb 2010
    07144442 CHELTECH LTD 03 Feb 2010
    07165070 JULIAN BONES HOLDINGS LIMITED 22 Feb 2010