Cheltenham, Gloucestershire
Q1 2015 Business Confidence Report
Headlines
- February 2015 saw a new record in company closures in Cheltenham when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 364 companies were registered in Cheltenham during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 7.1% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cheltenham UK 2015 364 161,156 2014 340 150,722 % change 7.1% 6.9% Record Year 2007 (460) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 106 112 146 New companies in 2014 115 94 131 % change -7.8% 19.1% 11.5% Record Year 2008 (128) 2012 (116) 2007 (258)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 291 companies were dissolved in Cheltenham during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 27.1% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Cheltenham UK 2015 291 89,523 2014 229 82,370 % change 27.1% 8.7% Record Year 2015 (291) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Cheltenham when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 71 102 118 Closed companies in 2014 85 78 66 % change -16.5% 30.8% 79% Record Year 2011 (91) 2015 (102) 2009 (124)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Cheltenham during the first quarter of 2015 (Jan 2015 - Mar 2015) was 73 companies.
first quarter (Jan 2015 - Mar 2015) Cheltenham UK 2015 73 71,633 2014 111 68,352 Record Year 2007 (343) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 35 10 28 Net growth in 2014 30 16 65 Record Year 2008 (86) 2007 (78) 2007 (215)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Cheltenham formed 0.2% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Cheltenham 2015 0.2% 2014 0.2% 2013 0.3% 2012 0.3% 2011 0.2% Record Year (since 1960) 2002 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.2% 0.2% 0.2% UK formation share in 2014 0.2% 0.2% 0.2% % change -9.6% 9.8% 1.6% Record Year 1993 (0.5%) 1984 (0.4%) 2002 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 45.7.
The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Cheltenham was in 2013 when 35.5% of all directors were female.
27.1% of all director appointments in Cheltenham in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.13% CONSULTING 5.23% CHELTENHAM 1.48% MANAGEMENT 4.56% MANAGEMENT 1.38% CONSULTANCY 3.62% COTSWOLD 1.33% PROPERTY 2.72% CONSULTANCY 0.94% CONSTRUCTION 2.19% CO 0.79% CARE 2.13% J 0.74% ENGINEERING 2.12% PROPERTY 0.74% LONDON 1.91% SOLAR 0.74% TRADING 1.88% MARKETING 0.69% TRANSPORT 1.82% PROPERTIES 0.69% ELECTRICAL 1.76% CARE 0.64% DESIGN 1.65% BUSINESS 0.64% PROPERTIES 1.63% CONSTRUCTION 0.59% CO., 1.58% CONSULTANTS 0.49% J 1.55% DESIGN 0.49% CONSULTANTS 1.54% HOMES 0.49% BUSINESS 1.49% CREATIVE 0.49% INVESTMENTS 1.49% HOUSE 0.44% GLOBAL 1.46% ENGINEERING 0.44% ASSOCIATES 1.44% M 0.40% DEVELOPMENTS 1.36% ENERGY 0.40% BUILDING 1.31% INVESTMENTS 0.40% IT 1.30% MEDIA 0.40% MEDIA 1.28% BLUE 0.40% M 1.27%
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 473 288,953 70229 - Management consultancy activities other than financial management 176 43,081 62020 - Information technology consultancy activities 136 30,825 99999 - Dormant Company 125 49,474 74909 - Other professional, scientific and technical activities not elsewhere classified 83 19,098 82990 - Other business support service activities not elsewhere classified 71 58,522 41100 - Development of building projects 43 11,863 96090 - Other service activities not elsewhere classified 38 29,218 62090 - Other information technology service activities 37 12,862 74990 - Non-trading company 36 13,794 68209 - Other letting and operating of own or leased real estate 31 11,600 68320 - Management of real estate on a fee or contract basis 30 6,154 85590 - Other education not elsewhere classified 29 6,238 56101 - Licensed restaurants 28 8,909 62012 - Business and domestic software development 28 9,651 56302 - Public houses and bars 27 6,355 43220 - Plumbing, heat and air-conditioning installation 26 5,331 68100 - Buying and selling of own real estate 23 7,450 64999 - Financial intermediation not elsewhere classified 22 6,067 47910 - Retail sale via mail order houses or via Internet 22 10,200
Recent Companies
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Randomly selected companies from this quarter
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