Cheltenham, Gloucestershire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Cheltenham when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Cheltenham when compared to any previous second half year.
  • November 2014 saw a new record in company registrations in Cheltenham when compared to any previous November.
  • The second half of 2014 saw a new record in company closures in Cheltenham when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Cheltenham when compared to any previous December.

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 (2014)

    2014 was a record year for company registrations in Cheltenham when compared to any year in history.

    A total of 1,312 companies were formed in Cheltenham in 2014. This total is 5.9% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearCheltenhamUK
    20141,312582,051
    20131,239529,363
    20121,243491,893
    20111,179452,870
    20101,102400,358
    Record Year2014 (1,312)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company registrations in Cheltenham when compared to any previous second half year.

    In the second half of 2014 a total of 639 companies were formed in Cheltenham. This figure is 12.3% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Cheltenham occurred in 2014 when a total of 639 were formed.

    Half Year (Jul-Dec)CheltenhamUK
    2014639281,320
    2013569259,931
    % change12.3%8.2%
    Record Year2014 (639)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 315 companies were registered in Cheltenham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 13.7% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CheltenhamUK
    2014315137,906
    2013277127,247
    % change13.7%8.4%
    Record Year 2012 (326) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201410611792
    New companies in 20131098880
    % change-2.8%33.0%15.0%
    Record Year2012 (141)2014 (117)2003 (99)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 1,055 companies were dissolved in Cheltenham in 2014. This total is 19.9% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearCheltenhamUK
    20141,055367,937
    2013880332,213
    2012764293,729
    2011894314,524
    2010953342,233
    Record Year2009 (1,091)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    The second half of 2014 saw a new record in company closures in Cheltenham when compared to any previous second half year.

    In the second half of 2014 a total of 565 companies were dissolved in Cheltenham. This figure is 24.7% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Cheltenham occurred in 2014 when a total of 565 were closed.

    Half Year (Jul-Dec)CheltenhamUK
    2014565190,730
    2013453177,021
    % change24.7%7.7%
    Record Year2014 (565)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 261 companies were dissolved in Cheltenham during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 19.7% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)CheltenhamUK
    201426189,060
    201321890,851
    % change19.7%-2.0%
    Record Year 2014 (261) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    December 2014 saw a new record in company closures in Cheltenham when compared to any previous December.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20148378100
    Closed companies in 2013806969
    % change3.8%13.0%45%
    Record Year2010 (96)2011 (84)2014 (100)

Net Company Growth

  1. Annual Data (2014)

    A total of 257 companies were added to the company register for Cheltenham in 2014. This number represents growth of 19.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 102 companies lower 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
    2014257214,114
    2013359197,150
    2012479198,164
    2011285138,346
    201014958,125
    Record Year2007 (745)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Cheltenham increased by 74 companies.

    Half Year (Jul-Dec)CheltenhamUK
    20147490,590
    201311682,910
    Record Year2003 (354)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Cheltenham during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 54 companies.

    fourth quarter (Oct 2014 - Dec 2014)CheltenhamUK
    20145448,846
    20135936,396
    Record Year 2012 (142) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142339-8
    Net growth in 2013291911
    Record Year2003 (76)1998 (52)2003 (62)

UK Company Share

  1. Annual Data (2014)

    In 2014 Cheltenham formed 0.2% of all UK companies. This is no change on 2013 when Cheltenham was responsible for 0.2% of all UK companies.

    YearCheltenham
    20140.2%
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960)1999 (0.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

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

    Half Year (Jul-Dec)Cheltenham
    20140.2%
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1999 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Cheltenham
    20140.2%
    20130.2%
    20120.3%
    20110.3%
    20100.3%
    Record Year (since 1960) 1999 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.3%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-7.5%26.3%-1.6%
    Record Year1999 (0.5%)1993 (0.4%)1999 (0.5%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 46.6.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 46.0.

    The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 46.5.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Cheltenham was 1973 when 100.0% of all directors were female.

    The percentage of female directors in Cheltenham in 2014 was 26.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Cheltenham was 2006 when 32.0% of all directors were female.

    26.4% of all director appointments in Cheltenham in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Cheltenham was in 2005 when 31.8% of all directors were female.

    25.6% of all director appointments in Cheltenham in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.51%CONSULTING5.22%
    CHELTENHAM1.55%MANAGEMENT4.58%
    MANAGEMENT1.45%CONSULTANCY3.57%
    COTSWOLD1.30%PROPERTY2.66%
    CONSULTANCY0.90%CONSTRUCTION2.12%
    PROPERTY0.70%ENGINEERING2.10%
    ENGINEERING0.70%CARE2.02%
    HOMES0.65%TRADING1.94%
    SOLAR0.65%LONDON1.93%
    BUSINESS0.65%TRANSPORT1.93%
    CONSULTANTS0.65%DESIGN1.66%
    CO0.60%CONSULTANTS1.64%
    J0.60%ELECTRICAL1.62%
    MARKETING0.55%PROPERTIES1.62%
    PROPERTIES0.55%BUSINESS1.56%
    CONSTRUCTION0.55%J1.54%
    DEVELOPMENT0.50%CO.,1.50%
    CARE0.50%GLOBAL1.49%
    CREATIVE0.50%INVESTMENTS1.48%
    (CHELTENHAM)0.50%ASSOCIATES1.47%
    DESIGN0.50%DEVELOPMENTS1.35%
    ENERGY0.45%MEDIA1.33%
    MEDIA0.45%IT1.31%
    IT0.45%BUILDING1.29%
    ROAD0.45%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied439265,608
    70229 - Management consultancy activities other than financial management17942,290
    62020 - Information technology consultancy activities13630,178
    99999 - Dormant Company13048,509
    74909 - Other professional, scientific and technical activities not elsewhere classified8919,049
    82990 - Other business support service activities not elsewhere classified7758,068
    41100 - Development of building projects4011,397
    62090 - Other information technology service activities3612,837
    96090 - Other service activities not elsewhere classified3629,009
    74990 - Non-trading company3513,984
    62012 - Business and domestic software development339,752
    68209 - Other letting and operating of own or leased real estate3011,212
    56101 - Licensed restaurants288,782
    68320 - Management of real estate on a fee or contract basis286,010
    41202 - Construction of domestic buildings257,559
    85590 - Other education not elsewhere classified256,206
    56302 - Public houses and bars246,285
    64999 - Financial intermediation not elsewhere classified246,083
    63990 - Other information service activities not elsewhere classified246,157
    68100 - Buying and selling of own real estate237,106

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09254970 EAST AFRICAN CONSULTANCY SERVICES LTD 08 Oct 2014
    09266949 BASINGSTOKE LAND LTD 16 Oct 2014
    09267789 C J WILSON RAIL SERVICES LIMITED 16 Oct 2014
    09271580 ZAKANDA'S LTD 20 Oct 2014
    09254472 ABOVE THE FOLD DIGITAL MARKETING LTD 08 Oct 2014
    09272736 HAPPY TAILS - NEWENT LIMITED 21 Oct 2014
    09274891 M P PROSOLUTIONS LIMITED 22 Oct 2014
    09275988 SABTRAD LIMITED 22 Oct 2014
    09285492 LENGUA IT SERVICES LIMITED 29 Oct 2014
    09290251 DG RACE TIMING LTD 31 Oct 2014
    09290413 ARLE MANAGEMENT LIMITED 31 Oct 2014
    09246354 KNIGHT DAVIDSON LIMITED 02 Oct 2014
    09248575 SYSCHECK SOLUTIONS LIMITED 03 Oct 2014
    09251755 APACEY57 LIMITED 07 Oct 2014
    09278071 J M HODSON LTD 23 Oct 2014
    09280233 NFSG LTD. 24 Oct 2014
    09255101 TONE IN TEN LIMITED 08 Oct 2014
    OC395820 UK SOLAR (LOWER NEWTON) LLP 13 Oct 2014
    09262602 COTSWOLD GARDEN DESIGN & BUILD LTD 14 Oct 2014
    09266916 SHARP INTELLIGENT SOLUTIONS LIMITED 16 Oct 2014
    09271774 JONES ROSE LIMITED 20 Oct 2014
    09281299 BESPOKE FURNITURE DELIVERY & INSTALLATIONS (UK) LTD 27 Oct 2014
    09288686 TAPPED LIMITED 30 Oct 2014
    09254927 BLOOM HAIR LIMITED 08 Oct 2014
    09256482 COVENT ENERGY LIMITED 09 Oct 2014