Cheltenham, Gloucestershire
2011 Annual Business Confidence Report
Headlines
- November 2011 saw a new record in company closures in Cheltenham when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2011)
A total of 1,179 companies were formed in Cheltenham in 2011. This total is 7.0% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Cheltenham UK 2011 1,179 452,870 2010 1,102 400,358 2009 867 362,675 2008 904 349,203 2007 1,237 457,649 Record Year 2007 (1,237) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 582 companies were formed in Cheltenham. This figure is 3.7% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Cheltenham occurred in 2003 when a total of 587 were formed.
Half Year (Jul-Dec) Cheltenham UK 2011 582 224,135 2010 561 196,609 % change 3.7% 14.0% Record Year 2003 (587) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 284 companies were registered in Cheltenham during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 2.7% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Cheltenham UK 2011 284 109,623 2010 292 95,117 % change -2.7% 15.3% Record Year 2010 (292) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 93 97 94 New companies in 2010 98 114 80 % change -5.1% -14.9% 17.5% Record Year 2007 (104) 2010 (114) 2003 (99)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 894 companies were dissolved in Cheltenham in 2011. This total is 6.2% lower than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Cheltenham UK 2011 894 314,523 2010 953 342,232 2009 1,091 533,773 2008 592 237,901 2007 492 220,295 Record Year 2009 (1,091) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 425 companies were dissolved in Cheltenham. This figure is 13.3% lower than last year, which compares well to the UK wide change of -7.5%.
The highest total for a second half year in Cheltenham occurred in 2009 when a total of 512 were closed.
Half Year (Jul-Dec) Cheltenham UK 2011 425 152,213 2010 490 164,601 % change -13.3% -7.5% Record Year 2009 (512) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 211 companies were dissolved in Cheltenham during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 8.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Cheltenham UK 2011 211 79,983 2010 230 76,896 % change -8.3% 4.0% Record Year 2010 (230) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
November 2011 saw a new record in company closures in Cheltenham when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2011 49 84 78 Closed companies in 2010 96 79 55 % change -49.0% 6.3% 42% Record Year 2010 (96) 2011 (84) 2009 (91)
Net Company Growth
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Annual Data (2011)
A total of 285 companies were added to the company register for Cheltenham in 2011. This number represents growth of 25.9% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 136 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.
Year Cheltenham UK 2011 285 138,347 2010 149 58,126 2009 -224 -171,098 2008 312 111,302 2007 745 237,354 Record Year 2007 (745) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Cheltenham increased by 157 companies.
Half Year (Jul-Dec) Cheltenham UK 2011 157 71,922 2010 71 32,008 Record Year 2003 (354) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Cheltenham during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 73 companies.
fourth quarter (Oct 2011 - Dec 2011) Cheltenham UK 2011 73 29,640 2010 62 18,221 Record Year 2003 (189) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 44 13 16 Net growth in 2010 2 35 25 Record Year 2003 (76) 1998 (52) 2003 (62)
UK Company Share
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Annual Data (2011)
In 2011 Cheltenham formed 0.3% of all UK companies. This is no change on 2010 when Cheltenham was responsible for 0.3% of all UK companies.
Year Cheltenham 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.3% 2007 0.3% Record Year (since 1960) 1999 (0.4%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Cheltenham formed 0.3% of all UK companies. This is the same as the 2010 figure of 0.3%.
Half Year (Jul-Dec) Cheltenham 2011 0.3% 2010 0.3% 2009 0.2% 2008 0.2% 2007 0.3% Record Year (since 1960) 1966 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Cheltenham formed 0.3% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Cheltenham 2011 0.3% 2010 0.3% 2009 0.3% 2008 0.3% 2007 0.3% Record Year (since 1960) 1970 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.2% 0.2% 0.3% UK formation share in 2010 0.3% 0.3% 0.3% % change -17.5% -27.5% 4.2% Record Year 1970 (0.8%) 1968 (0.7%) 1970 (0.5%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 45.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 45.6.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 46.0.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
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 2011 was 29.5%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Cheltenham was 1860 when 42.9% of all directors were female.
28.9% of all director appointments in Cheltenham in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Cheltenham was in 1977 when 31.1% of all directors were female.
24.6% of all director appointments in Cheltenham in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.35% CONSULTING 5.07% MANAGEMENT 1.90% MANAGEMENT 4.74% CONSULTANCY 1.68% CONSULTANCY 3.26% CHELTENHAM 1.68% PROPERTY 2.37% CARE 1.06% TRADING 2.07% BUSINESS 0.90% DESIGN 1.92% COTSWOLD 0.78% ASSOCIATES 1.86% IT 0.73% ENGINEERING 1.78% DENTAL 0.73% BUSINESS 1.78% TRAINING 0.73% CONSULTANTS 1.76% (CHELTENHAM) 0.73% CONSTRUCTION 1.73% SCHOOL 0.67% MEDIA 1.71% DESIGN 0.62% LONDON 1.63% CONSTRUCTION 0.62% J 1.51% SYSTEMS 0.56% INVESTMENTS 1.48% C 0.56% GLOBAL 1.46% ASSOCIATES 0.56% IT 1.41% HOLDINGS 0.50% CARE 1.39% CAPITAL 0.45% PROPERTIES 1.29% CENTRE 0.45% ELECTRICAL 1.29% J 0.45% M 1.27% ELECTRICAL 0.39% BUILDING 1.26% GLOBAL 0.39% ENERGY 1.25% D 0.39% S 1.20% RECRUITMENT 0.39% ENTERPRISES 1.20%
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 410 205,525 7487 - Other business activities 112 57,052 70229 - Management consultancy activities other than financial management 91 17,765 62020 - Information technology consultancy activities 61 12,072 82990 - Other business support service activities not elsewhere classified 58 32,483 7414 - Business & management consultancy 53 13,034 99999 - Dormant Company 43 21,846 9999 - Dormant Company 39 20,199 74909 - Other professional, scientific and technical activities not elsewhere classified 33 8,671 74990 - Non-trading company 30 8,929 9305 - Other service activities 29 9,492 7222 - Other software consultancy and supply 26 7,398 7499 - Non-trading company 24 9,957 62090 - Other information technology service activities 23 7,493 86230 - Dental practice activities 21 1,598 7260 - Other computer related activities 21 7,667 62012 - Business and domestic software development 20 3,714 41100 - Development of building projects 19 4,331 4521 - General construction & civil engineering 17 5,558 96090 - Other service activities not elsewhere classified 15 11,768
Recent Companies
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Randomly selected companies from this quarter
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