Cheltenham, Gloucestershire

2014 Half Year Business Confidence Report

Headlines

  • Q2 2014 saw a new record in company registrations in Cheltenham when compared to any previous Q2.
  • May 2014 saw a new record in company registrations in Cheltenham when compared to any previous May.

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. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 673 companies were formed in Cheltenham. This figure is 0.4% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Cheltenham occurred in 2007 when a total of 687 were formed.

    Half Year (Jan-Jun)CheltenhamUK
    2014673300,731
    2013670269,432
    % change0.4%11.6%
    Record Year2007 (687)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Cheltenham when compared to any previous Q2.

    A total of 333 companies were registered in Cheltenham during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 1.2% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CheltenhamUK
    2014333150,009
    2013329134,630
    % change1.2%11.4%
    Record Year 2014 (333) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    May 2014 saw a new record in company registrations in Cheltenham when compared to any previous May.

    New Companies by Month
    AprilMayJune
    New companies in 2014113112108
    New companies in 201311895116
    % change-4.2%17.9%-6.9%
    Record Year2013 (118)2014 (112)2013 (116)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 490 companies were dissolved in Cheltenham. This figure is 14.8% higher than last year, which compares badly to the UK wide change of 14.2%.

    The highest total for a first half year in Cheltenham occurred in 2009 when a total of 579 were closed.

    Half Year (Jan-Jun)CheltenhamUK
    2014490177,207
    2013427155,192
    % change14.8%14.2%
    Record Year2009 (579)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 261 companies were dissolved in Cheltenham during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 21.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)CheltenhamUK
    201426194,837
    201321577,278
    % change21.4%22.7%
    Record Year 2009 (351) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20146911577
    Closed companies in 2013726479
    % change-4.2%79.7%-3%
    Record Year2008 (78)2009 (158)2009 (115)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Cheltenham increased by 183 companies.

    Half Year (Jan-Jun)CheltenhamUK
    2014183123,524
    2013243114,240
    Record Year2007 (465)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Cheltenham during the second quarter of 2014 (Apr 2014 - Jun 2014) was 72 companies.

    second quarter (Apr 2014 - Jun 2014)CheltenhamUK
    20147255,172
    201311457,352
    Record Year 2007 (122) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 201444-331
    Net growth in 2013463137
    Record Year2007 (68)2004 (85)2002 (70)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Cheltenham formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Cheltenham
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Cheltenham formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Cheltenham
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 1990 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.3%
    % change-13.6%8.8%-19.3%
    Record Year1993 (0.5%)1990 (0.6%)2002 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 47.1.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 47.5.

    The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Cheltenham was 2008 when 34.3% of all directors were female.

    26.2% of all director appointments in Cheltenham in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Cheltenham was in 2008 when 33.9% of all directors were female.

    21.8% of all director appointments in Cheltenham in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2013-Jun 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.31%CONSULTING5.16%
    CHELTENHAM1.84%MANAGEMENT4.64%
    MANAGEMENT1.78%CONSULTANCY3.50%
    COTSWOLD1.05%PROPERTY2.66%
    PROPERTY0.79%TRADING2.03%
    ENGINEERING0.73%ENGINEERING1.99%
    CONSTRUCTION0.73%CONSTRUCTION1.93%
    CONSULTANCY0.68%LONDON1.93%
    ASSOCIATES0.68%CARE1.85%
    SOLAR0.63%DESIGN1.75%
    PROPERTIES0.58%CONSULTANTS1.73%
    DESIGN0.58%BUSINESS1.69%
    CONSULTANTS0.52%PROPERTIES1.63%
    BUSINESS0.47%TRANSPORT1.58%
    (CHELTENHAM)0.47%GLOBAL1.55%
    DEVELOPMENT0.47%INVESTMENTS1.55%
    CO0.47%J1.51%
    D0.42%ASSOCIATES1.48%
    CARE0.42%MEDIA1.44%
    MARKETING0.42%ELECTRICAL1.40%
    LITTLE0.42%IT1.33%
    HOMES0.42%DEVELOPMENTS1.33%
    CLEANING0.42%BUILDING1.26%
    DEVELOPMENTS0.42%M1.24%
    IT0.37%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied448261,557
    70229 - Management consultancy activities other than financial management18540,250
    62020 - Information technology consultancy activities13829,029
    99999 - Dormant Company13748,436
    82990 - Other business support service activities not elsewhere classified8057,421
    74909 - Other professional, scientific and technical activities not elsewhere classified7919,058
    62012 - Business and domestic software development459,834
    74990 - Non-trading company4114,351
    62090 - Other information technology service activities4013,024
    96090 - Other service activities not elsewhere classified3628,352
    41100 - Development of building projects3110,527
    47910 - Retail sale via mail order houses or via Internet309,900
    64999 - Financial intermediation not elsewhere classified275,836
    68320 - Management of real estate on a fee or contract basis275,731
    56302 - Public houses and bars256,099
    68100 - Buying and selling of own real estate256,413
    85590 - Other education not elsewhere classified256,043
    68209 - Other letting and operating of own or leased real estate2510,133
    41202 - Construction of domestic buildings227,053
    63990 - Other information service activities not elsewhere classified226,099

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09021431 THE CHELTENHAM TRUST 01 May 2014
    09022142 COALITION FOR INCLUSIVE CAPITALISM 01 May 2014
    09022217 ALLEPROJEKTE LIMITED 01 May 2014
    09026900 PURE CLASS OF CHELTENHAM LTD 07 May 2014
    09036377 PAN-EUROPEAN ASSOCIATES LTD 13 May 2014
    09038555 AP INTERNET SERVICES LIMITED 14 May 2014
    09039084 STEFANO PUCELLO CONSULTING LIMITED 14 May 2014
    09042361 XOOM MONEY TRANSFER LIMITED 15 May 2014
    09045724 CDL SOLUTIONS LIMITED 19 May 2014
    09049269 STUART BAIKIE CONSULTING LIMITED 21 May 2014
    09053155 HC 1229 LIMITED 22 May 2014
    09061040 NEWBY IT LIMITED 29 May 2014
    09027896 SPA GARDEN ROOMS LTD. 07 May 2014
    09036168 JCH SCAFFOLDING LIMITED 13 May 2014
    09046275 KANGMEDICO LTD 19 May 2014
    09052866 MM RADIOLOGY LTD 22 May 2014
    09030265 ASW ACCOUNTING LTD 08 May 2014
    09038784 BNUBZ INVESTMENT LTD 14 May 2014
    09049444 VENTURE FREE LTD 21 May 2014
    09051417 S2CP LIMITED 22 May 2014
    09063006 CLOUD4 LTD 30 May 2014
    09028678 ALETHIA (EUROPE) LTD 07 May 2014
    09032127 D R PIERCE CONSULTANCY LIMITED 09 May 2014
    09056009 THE LODGE CHILDREN'S DAY NURSERY LIMITED 27 May 2014
    09063457 MD ELECTRICAL (SW) LTD 30 May 2014