Cheltenham, Gloucestershire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Cheltenham when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Cheltenham when compared to any previous September.
- July 2014 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 2014)
Q3 2014 saw a new record in company registrations in Cheltenham when compared to any previous Q3.
A total of 324 companies were registered in Cheltenham during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 11.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cheltenham UK 2014 324 143,414 2013 292 132,684 % change 11.0% 8.1% Record Year 2014 (324) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 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 2014 91 103 130 New companies in 2013 89 104 99 % change 2.2% -1.0% 31.3% Record Year 2003 (118) 2011 (111) 2014 (130)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 304 companies were dissolved in Cheltenham during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 29.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Cheltenham UK 2014 304 101,670 2013 235 86,170 % change 29.4% 18.0% Record Year 2009 (304) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 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 2014 115 93 96 Closed companies in 2013 84 76 75 % change 36.9% 22.4% 28% Record Year 2014 (115) 2008 (140) 2009 (151)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Cheltenham during the third quarter of 2014 (Jul 2014 - Sep 2014) was 20 companies.
third quarter (Jul 2014 - Sep 2014) Cheltenham UK 2014 20 41,744 2013 57 46,514 Record Year 2007 (141) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 -24 10 34 Net growth in 2013 5 28 24 Record Year 2008 (81) 2007 (53) 2004 (65)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Cheltenham formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Cheltenham 2014 0.2% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1997 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.3% UK formation share in 2013 0.2% 0.3% 0.2% % change -7.1% -5.6% 20.5% Record Year 1979 (0.5%) 1987 (0.5%) 1997 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 45.5.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Cheltenham was in 2011 when 35.3% of all directors were female.
27.2% of all director appointments in Cheltenham in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.45% CONSULTING 5.17% CHELTENHAM 1.68% MANAGEMENT 4.63% MANAGEMENT 1.48% CONSULTANCY 3.55% COTSWOLD 1.07% PROPERTY 2.62% ENGINEERING 0.82% ENGINEERING 2.07% SOLAR 0.82% CONSTRUCTION 2.05% PROPERTY 0.82% TRADING 2.00% ASSOCIATES 0.71% LONDON 1.95% CONSULTANCY 0.71% CARE 1.94% CONSULTANTS 0.66% TRANSPORT 1.76% PROPERTIES 0.61% DESIGN 1.70% DESIGN 0.61% CONSULTANTS 1.70% HOMES 0.61% PROPERTIES 1.63% BUSINESS 0.61% BUSINESS 1.62% CO 0.56% J 1.53% CONSTRUCTION 0.56% ELECTRICAL 1.53% DEVELOPMENT 0.56% GLOBAL 1.51% J 0.51% INVESTMENTS 1.50% (CHELTENHAM) 0.46% ASSOCIATES 1.48% CREATIVE 0.46% MEDIA 1.38% N 0.41% CO., 1.36% MARKETING 0.41% DEVELOPMENTS 1.35% BUILDING 0.41% BUILDING 1.30% DEVELOPMENTS 0.41% IT 1.30% LITTLE 0.41% M 1.23%
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 459 278,481 70229 - Management consultancy activities other than financial management 177 40,717 62020 - Information technology consultancy activities 135 29,313 99999 - Dormant Company 128 48,286 74909 - Other professional, scientific and technical activities not elsewhere classified 85 18,890 82990 - Other business support service activities not elsewhere classified 77 57,264 62012 - Business and domestic software development 37 9,675 96090 - Other service activities not elsewhere classified 37 28,224 41100 - Development of building projects 36 10,604 74990 - Non-trading company 36 14,006 62090 - Other information technology service activities 35 12,795 68320 - Management of real estate on a fee or contract basis 26 5,749 68209 - Other letting and operating of own or leased real estate 26 10,361 56302 - Public houses and bars 24 6,056 47910 - Retail sale via mail order houses or via Internet 24 9,914 85590 - Other education not elsewhere classified 24 6,045 56101 - Licensed restaurants 23 8,546 64999 - Financial intermediation not elsewhere classified 23 5,857 41202 - Construction of domestic buildings 23 7,151 63990 - Other information service activities not elsewhere classified 21 5,940
Recent Companies
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Randomly selected companies from this quarter
reports
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