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
New Company Registrations
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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.
Year Cheltenham UK 2014 1,312 582,051 2013 1,239 529,363 2012 1,243 491,893 2011 1,179 452,870 2010 1,102 400,358 Record Year 2014 (1,312) 2014 (582,051) New Companies by Year
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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) Cheltenham UK 2014 639 281,320 2013 569 259,931 % change 12.3% 8.2% Record Year 2014 (639) 2014 (281,320) New Companies by Half Year
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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) Cheltenham UK 2014 315 137,906 2013 277 127,247 % change 13.7% 8.4% Record Year 2012 (326) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 106 117 92 New companies in 2013 109 88 80 % change -2.8% 33.0% 15.0% Record Year 2012 (141) 2014 (117) 2003 (99)
Closed Companies (dissolved)
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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.
Year Cheltenham UK 2014 1,055 367,937 2013 880 332,213 2012 764 293,729 2011 894 314,524 2010 953 342,233 Record Year 2009 (1,091) 2009 (533,789) Dissolved Companies by Year
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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) Cheltenham UK 2014 565 190,730 2013 453 177,021 % change 24.7% 7.7% Record Year 2014 (565) 2009 (244,544) Dissolved Companies by Half Year
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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) Cheltenham UK 2014 261 89,060 2013 218 90,851 % change 19.7% -2.0% Record Year 2014 (261) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 83 78 100 Closed companies in 2013 80 69 69 % change 3.8% 13.0% 45% Record Year 2010 (96) 2011 (84) 2014 (100)
Net Company Growth
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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.
Year Cheltenham UK 2014 257 214,114 2013 359 197,150 2012 479 198,164 2011 285 138,346 2010 149 58,125 Record Year 2007 (745) 2007 (237,353) Net Growth by Year
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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) Cheltenham UK 2014 74 90,590 2013 116 82,910 Record Year 2003 (354) 2003 (117,772) Net Growth by Half Year
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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) Cheltenham UK 2014 54 48,846 2013 59 36,396 Record Year 2012 (142) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 23 39 -8 Net growth in 2013 29 19 11 Record Year 2003 (76) 1998 (52) 2003 (62)
UK Company Share
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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.
Year Cheltenham 2014 0.2% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1999 (0.4%) Company Share by Year
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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 2014 0.2% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1999 (0.4%) Company Share by Half Year
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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 2014 0.2% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.3% Record Year (since 1960) 1999 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.3% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -7.5% 26.3% -1.6% Record Year 1999 (0.5%) 1993 (0.4%) 1999 (0.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.51% CONSULTING 5.22% CHELTENHAM 1.55% MANAGEMENT 4.58% MANAGEMENT 1.45% CONSULTANCY 3.57% COTSWOLD 1.30% PROPERTY 2.66% CONSULTANCY 0.90% CONSTRUCTION 2.12% PROPERTY 0.70% ENGINEERING 2.10% ENGINEERING 0.70% CARE 2.02% HOMES 0.65% TRADING 1.94% SOLAR 0.65% LONDON 1.93% BUSINESS 0.65% TRANSPORT 1.93% CONSULTANTS 0.65% DESIGN 1.66% CO 0.60% CONSULTANTS 1.64% J 0.60% ELECTRICAL 1.62% MARKETING 0.55% PROPERTIES 1.62% PROPERTIES 0.55% BUSINESS 1.56% CONSTRUCTION 0.55% J 1.54% DEVELOPMENT 0.50% CO., 1.50% CARE 0.50% GLOBAL 1.49% CREATIVE 0.50% INVESTMENTS 1.48% (CHELTENHAM) 0.50% ASSOCIATES 1.47% DESIGN 0.50% DEVELOPMENTS 1.35% ENERGY 0.45% MEDIA 1.33% MEDIA 0.45% IT 1.31% IT 0.45% BUILDING 1.29% ROAD 0.45% M 1.22%
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 439 265,608 70229 - Management consultancy activities other than financial management 179 42,290 62020 - Information technology consultancy activities 136 30,178 99999 - Dormant Company 130 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 89 19,049 82990 - Other business support service activities not elsewhere classified 77 58,068 41100 - Development of building projects 40 11,397 62090 - Other information technology service activities 36 12,837 96090 - Other service activities not elsewhere classified 36 29,009 74990 - Non-trading company 35 13,984 62012 - Business and domestic software development 33 9,752 68209 - Other letting and operating of own or leased real estate 30 11,212 56101 - Licensed restaurants 28 8,782 68320 - Management of real estate on a fee or contract basis 28 6,010 41202 - Construction of domestic buildings 25 7,559 85590 - Other education not elsewhere classified 25 6,206 56302 - Public houses and bars 24 6,285 64999 - Financial intermediation not elsewhere classified 24 6,083 63990 - Other information service activities not elsewhere classified 24 6,157 68100 - Buying and selling of own real estate 23 7,106
Recent Companies
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Randomly selected companies from this quarter
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