Cheltenham, Gloucestershire

2010 Annual Business Confidence Report

Headlines

  • Q4 2010 saw a new record in company registrations in Cheltenham when compared to any previous Q4.
  • November 2010 saw a new record in company registrations in Cheltenham when compared to any previous November.
  • Q4 2010 saw a new record in company closures in Cheltenham when compared to any previous Q4.
  • November 2010 saw a new record in company closures in Cheltenham when compared to any previous November.
  • October 2010 saw a new record in company closures in Cheltenham when compared to any previous October.

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. Annual Data (2010)

    A total of 1,102 companies were formed in Cheltenham in 2010. This total is 27.1% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearCheltenhamUK
    20101,102400,358
    2009867362,675
    2008904349,203
    20071,237457,649
    2006965405,440
    Record Year2007 (1,237)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 561 companies were formed in Cheltenham. This figure is 32.6% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Cheltenham occurred in 2003 when a total of 587 were formed.

    Half Year (Jul-Dec)CheltenhamUK
    2010561196,609
    2009423180,654
    % change32.6%8.8%
    Record Year2003 (587)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Cheltenham when compared to any previous Q4.

    A total of 292 companies were registered in Cheltenham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 27.5% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)CheltenhamUK
    201029295,117
    200922985,983
    % change27.5%10.6%
    Record Year 2010 (292) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Cheltenham when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 20109811480
    New companies in 2009719860
    % change38.0%16.3%33.3%
    Record Year2007 (104)2010 (114)2003 (99)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 953 companies were dissolved in Cheltenham in 2010. This total is 12.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearCheltenhamUK
    2010953342,232
    20091,091533,773
    2008592237,901
    2007492220,295
    2006465200,166
    Record Year2009 (1,091)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 490 companies were dissolved in Cheltenham. This figure is 4.3% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Cheltenham occurred in 2009 when a total of 512 were closed.

    Half Year (Jul-Dec)CheltenhamUK
    2010490164,601
    2009512244,537
    % change-4.3%-32.7%
    Record Year2009 (512)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company closures in Cheltenham when compared to any previous Q4.

    A total of 230 companies were dissolved in Cheltenham during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 10.6% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)CheltenhamUK
    201023076,896
    200920885,136
    % change10.6%-9.7%
    Record Year 2010 (230) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Cheltenham when compared to any previous November.

    October 2010 saw a new record in company closures in Cheltenham when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010967955
    Closed companies in 2009694891
    % change39.1%64.6%-40%
    Record Year2010 (96)2010 (79)2009 (91)

Net Company Growth

  1. Annual Data (2010)

    A total of 149 companies were added to the company register for Cheltenham in 2010. This number represents growth of 17.2% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 373 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Cheltenham company register grew by 745 companies.

    YearCheltenhamUK
    201014958,126
    2009-224-171,098
    2008312111,302
    2007745237,354
    2006500205,274
    Record Year2007 (745)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Cheltenham increased by 71 companies.

    Half Year (Jul-Dec)CheltenhamUK
    20107132,008
    2009-89-63,883
    Record Year2003 (354)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Cheltenham during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 62 companies.

    fourth quarter (Oct 2010 - Dec 2010)CheltenhamUK
    20106218,221
    200921847
    Record Year 2003 (189) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201023525
    Net growth in 2009250-31
    Record Year2003 (76)1998 (52)2003 (62)

UK Company Share

  1. Annual Data (2010)

    In 2010 Cheltenham formed 0.3% of all UK companies. This is an improvement on 2009 when Cheltenham was responsible for 0.2% of all UK companies.

    YearCheltenham
    20100.3%
    20090.2%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960)1999 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Cheltenham formed 0.3% of all UK companies. This is more than the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Cheltenham
    20100.3%
    20090.2%
    20080.2%
    20070.3%
    20060.2%
    Record Year (since 1960) 1966 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Cheltenham formed 0.3% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Cheltenham
    20100.3%
    20090.3%
    20080.3%
    20070.3%
    20060.2%
    Record Year (since 1960) 1970 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.3%0.3%0.3%
    UK formation share in 20090.2%0.3%0.2%
    % change20.9%4.0%26.9%
    Record Year1970 (0.8%)1968 (0.7%)1970 (0.5%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 46.6.

    The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 45.7.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 46.2.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Cheltenham was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Cheltenham in 2010 was 28.2%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Cheltenham was 1860 when 42.9% of all directors were female.

    28.8% of all director appointments in Cheltenham in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Cheltenham was in 1977 when 31.1% of all directors were female.

    28.0% of all director appointments in Cheltenham in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.25%CONSULTING5.06%
    MANAGEMENT1.71%MANAGEMENT5.01%
    CARE1.48%CONSULTANCY3.14%
    CHELTENHAM1.30%PROPERTY2.36%
    DENTAL1.24%TRADING2.11%
    CONSULTANCY1.12%ASSOCIATES1.95%
    BUSINESS1.06%DESIGN1.92%
    COTSWOLD1.06%BUSINESS1.82%
    SYSTEMS0.89%CONSTRUCTION1.82%
    CONSTRUCTION0.83%CONSULTANTS1.76%
    HOUSE0.83%MEDIA1.71%
    (CHELTENHAM)0.77%ENGINEERING1.62%
    IT0.71%LONDON1.60%
    PROPERTY0.71%CARE1.45%
    BUILDING0.65%INVESTMENTS1.44%
    ASSOCIATES0.65%GLOBAL1.43%
    MEDIA0.59%J1.42%
    CREATIVE0.53%IT1.41%
    RECRUITMENT0.47%PROPERTIES1.34%
    ENTERPRISES0.47%INTERNATIONAL1.34%
    MARKETING0.47%BUILDING1.34%
    TECHNOLOGY0.47%M1.30%
    HOLDINGS0.47%ELECTRICAL1.25%
    DESIGN0.41%SYSTEMS1.24%
    GROUP0.41%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied401199,572
    7487 - Other business activities15563,348
    70229 - Management consultancy activities other than financial management7014,505
    82990 - Other business support service activities not elsewhere classified5127,550
    62020 - Information technology consultancy activities509,177
    9999 - Dormant Company4420,144
    7414 - Business & management consultancy4213,474
    99999 - Dormant Company3416,285
    74909 - Other professional, scientific and technical activities not elsewhere classified287,088
    74990 - Non-trading company288,243
    9305 - Other service activities238,858
    7222 - Other software consultancy and supply227,298
    7499 - Non-trading company2112,000
    4521 - General construction & civil engineering206,598
    68320 - Management of real estate on a fee or contract basis203,097
    7260 - Other computer related activities188,089
    62090 - Other information technology service activities186,330
    96090 - Other service activities not elsewhere classified168,799
    41100 - Development of building projects153,765
    98000 - Residents property management143,235

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07449114 IDEAS & WORDS LIMITED 24 Nov 2010
    07448686 MOVE UK LETTING AGENTS LIMITED 23 Nov 2010
    07442699 GLOUCESTER BUILDING PLASTICS LTD 17 Nov 2010
    07437290 WHITEHAWK CONSULTING LTD 11 Nov 2010
    07433251 RETRIEVER 21 LTD 09 Nov 2010
    07432926 STUCK LIMITED 08 Nov 2010
    07430627 THE COACH HOLIDAY WAREHOUSE LIMITED 05 Nov 2010
    07428542 SNAP SPHERE LIMITED 03 Nov 2010
    OC359296 ALTO RESOURCES (CHELTENHAM) LLP 04 Nov 2010
    OC359343 FOSCOMBE TRANSPORT LLP 08 Nov 2010
    OC359369 IM GENIUS LLP 09 Nov 2010
    07455353 UP IN THE SKY TRAVEL LTD 30 Nov 2010
    07451783 SOUTHERN DENTAL PARTNERSHIPS LIMITED 25 Nov 2010
    07446788 TREECREEPERS LTD 22 Nov 2010
    07443563 GARDA TECHNOLOGY SOLUTIONS LTD 18 Nov 2010
    07439111 RJC IT SERVICES LIMITED 15 Nov 2010
    07437505 COTSWOLD CREATIVE LIMITED 11 Nov 2010
    07428896 CHELTENHAM CYCLES LIMITED 03 Nov 2010
    07452747 FALKINGHAM-TAYLOR LIMITED 26 Nov 2010
    07437488 THE KITCHEN WORKSHOP (CHELTENHAM) LTD 11 Nov 2010
    07437221 BATE-WILLIAMS LIMITED 11 Nov 2010
    07432979 BUSINESS SUPPORT UNIT LIMITED 08 Nov 2010
    07427356 CARS 4 YOU LIMITED 02 Nov 2010
    07427228 BEYOND ETERNITY PROMOTIONS LTD 02 Nov 2010
    07451038 KSB GROWING SERVICES LIMITED 25 Nov 2010