Cheltenham, Gloucestershire
Q3 2010 Business Confidence Report
Headlines
- September 2010 saw a new record in company registrations in Cheltenham when compared to any previous September.
- July 2010 saw a new record in company closures in Cheltenham when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 269 companies were registered in Cheltenham during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 38.7% versus the same period last year (Q3 2009). This figure compares well to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Cheltenham UK 2010 269 101,492 2009 194 94,671 % change 38.7% 7.2% Record Year 2003 (298) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company registrations in Cheltenham when compared to any previous September.
New Companies by Month
July August September New companies in 2010 93 74 102 New companies in 2009 69 62 63 % change 34.8% 19.4% 61.9% Record Year 2003 (118) 2007 (108) 2010 (102)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 260 companies were dissolved in Cheltenham during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 14.5% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Cheltenham UK 2010 260 87,705 2009 304 159,401 % change -14.5% -45.0% Record Year 2009 (304) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
July 2010 saw a new record in company closures in Cheltenham when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 73 72 115 Closed companies in 2009 62 91 151 % change 17.7% -20.9% -24% Record Year 2010 (73) 2008 (140) 2009 (151)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Cheltenham during the third quarter of 2010 (Jul 2010 - Sep 2010) was 9 companies.
third quarter (Jul 2010 - Sep 2010) Cheltenham UK 2010 9 13,787 2009 -110 -64,730 Record Year 2003 (165) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 20 2 -13 Net growth in 2009 7 -29 -88 Record Year 2008 (81) 2007 (53) 2004 (65)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Cheltenham formed 0.3% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Cheltenham 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.3% 2006 0.2% Record Year (since 1960) 1966 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.3% 0.2% 0.3% UK formation share in 2009 0.2% 0.2% 0.2% % change 25.3% 8.3% 55.3% Record Year 1966 (1.0%) 1966 (0.5%) 1962 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 45.1.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Cheltenham was in 1862 when 50.0% of all directors were female.
29.6% of all director appointments in Cheltenham in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.62% MANAGEMENT 5.06% MANAGEMENT 1.50% CONSULTING 4.99% CHELTENHAM 1.12% CONSULTANCY 3.12% CARE 1.12% PROPERTY 2.38% DENTAL 1.00% TRADING 2.04% SYSTEMS 0.94% ASSOCIATES 2.01% PROPERTY 0.94% DESIGN 1.93% BUSINESS 0.81% CONSTRUCTION 1.86% CONSULTANCY 0.81% BUSINESS 1.80% HOUSE 0.81% MEDIA 1.75% IT 0.81% CONSULTANTS 1.73% (CHELTENHAM) 0.75% LONDON 1.59% DESIGN 0.69% ENGINEERING 1.59% COTSWOLD 0.69% INVESTMENTS 1.49% CONSTRUCTION 0.69% CARE 1.44% ASSOCIATES 0.62% J 1.44% MEDIA 0.62% INTERNATIONAL 1.43% PROPERTIES 0.56% GLOBAL 1.42% HOLDINGS 0.56% IT 1.35% RECRUITMENT 0.56% PROPERTIES 1.35% BUILDING 0.56% BUILDING 1.32% PARTNERS 0.50% ELECTRICAL 1.30% MARKETING 0.50% M 1.28% M 0.44% SYSTEMS 1.26% TECHNOLOGY 0.44% S 1.24%
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 401 202,902 7487 - Other business activities 178 69,802 70229 - Management consultancy activities other than financial management 61 13,161 82990 - Other business support service activities not elsewhere classified 53 25,053 7414 - Business & management consultancy 50 14,940 9999 - Dormant Company 49 21,484 62020 - Information technology consultancy activities 41 8,292 7499 - Non-trading company 33 13,408 99999 - Dormant Company 31 14,072 74990 - Non-trading company 30 7,649 74909 - Other professional, scientific and technical activities not elsewhere classified 27 6,460 7222 - Other software consultancy and supply 25 8,183 9305 - Other service activities 24 9,454 4521 - General construction & civil engineering 24 7,634 7260 - Other computer related activities 21 8,967 41100 - Development of building projects 20 3,688 96090 - Other service activities not elsewhere classified 19 7,767 68320 - Management of real estate on a fee or contract basis 18 2,962 7011 - Development & sell real estate 15 3,743 8513 - Dental practice activities 15 576
Recent Companies
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Randomly selected companies from this quarter
reports
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