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

  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. 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)CheltenhamUK
    2015364161,156
    2014340150,722
    % change7.1%6.9%
    Record Year 2007 (460) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015106112146
    New companies in 201411594131
    % change-7.8%19.1%11.5%
    Record Year2008 (128)2012 (116)2007 (258)

Closed Companies (dissolved)

  1. 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)CheltenhamUK
    201529189,523
    201422982,370
    % change27.1%8.7%
    Record Year 2015 (291) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 201571102118
    Closed companies in 2014857866
    % change-16.5%30.8%79%
    Record Year2011 (91)2015 (102)2009 (124)

Net Company Growth

  1. 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)CheltenhamUK
    20157371,633
    201411168,352
    Record Year 2007 (343) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015351028
    Net growth in 2014301665
    Record Year2008 (86)2007 (78)2007 (215)

UK Company Share

  1. 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
    20150.2%
    20140.2%
    20130.3%
    20120.3%
    20110.2%
    Record Year (since 1960) 2002 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.2%0.2%0.2%
    UK formation share in 20140.2%0.2%0.2%
    % change-9.6%9.8%1.6%
    Record Year1993 (0.5%)1984 (0.4%)2002 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING2.13%CONSULTING5.23%
    CHELTENHAM1.48%MANAGEMENT4.56%
    MANAGEMENT1.38%CONSULTANCY3.62%
    COTSWOLD1.33%PROPERTY2.72%
    CONSULTANCY0.94%CONSTRUCTION2.19%
    CO0.79%CARE2.13%
    J0.74%ENGINEERING2.12%
    PROPERTY0.74%LONDON1.91%
    SOLAR0.74%TRADING1.88%
    MARKETING0.69%TRANSPORT1.82%
    PROPERTIES0.69%ELECTRICAL1.76%
    CARE0.64%DESIGN1.65%
    BUSINESS0.64%PROPERTIES1.63%
    CONSTRUCTION0.59%CO.,1.58%
    CONSULTANTS0.49%J1.55%
    DESIGN0.49%CONSULTANTS1.54%
    HOMES0.49%BUSINESS1.49%
    CREATIVE0.49%INVESTMENTS1.49%
    HOUSE0.44%GLOBAL1.46%
    ENGINEERING0.44%ASSOCIATES1.44%
    M0.40%DEVELOPMENTS1.36%
    ENERGY0.40%BUILDING1.31%
    INVESTMENTS0.40%IT1.30%
    MEDIA0.40%MEDIA1.28%
    BLUE0.40%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied473288,953
    70229 - Management consultancy activities other than financial management17643,081
    62020 - Information technology consultancy activities13630,825
    99999 - Dormant Company12549,474
    74909 - Other professional, scientific and technical activities not elsewhere classified8319,098
    82990 - Other business support service activities not elsewhere classified7158,522
    41100 - Development of building projects4311,863
    96090 - Other service activities not elsewhere classified3829,218
    62090 - Other information technology service activities3712,862
    74990 - Non-trading company3613,794
    68209 - Other letting and operating of own or leased real estate3111,600
    68320 - Management of real estate on a fee or contract basis306,154
    85590 - Other education not elsewhere classified296,238
    56101 - Licensed restaurants288,909
    62012 - Business and domestic software development289,651
    56302 - Public houses and bars276,355
    43220 - Plumbing, heat and air-conditioning installation265,331
    68100 - Buying and selling of own real estate237,450
    64999 - Financial intermediation not elsewhere classified226,067
    47910 - Retail sale via mail order houses or via Internet2210,200

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09420485 DAVID MARTYN HOPKINS LIMITED 03 Feb 2015
    09431666 BD SEARCH & SELECTION LIMITED 10 Feb 2015
    09434792 VALLEY ORCHARD PROPERTIES LIMITED 11 Feb 2015
    09447981 JGLA CONSULTING LIMITED 19 Feb 2015
    09448308 DESIGN BY DEBRA RAMMELL LTD 19 Feb 2015
    09448328 TTECH LTD 19 Feb 2015
    09450975 AVTECH GLOBAL LTD 20 Feb 2015
    09451044 ASHTON & DANIELS LIMITED 20 Feb 2015
    09458897 DEYA BREWING COMPANY LIMITED 25 Feb 2015
    09459916 FARO PROTECTOR LIMITED 26 Feb 2015
    09418506 PJT TRANSPORT LTD 03 Feb 2015
    09420232 IGNITE THEATRE 03 Feb 2015
    09429296 ALEXANDR WALKER ACCOUNTANTS LIMITED 09 Feb 2015
    09452563 FAUCON LTD 23 Feb 2015
    09419334 CLAXBY BUSINESS SOLUTIONS LIMITED 03 Feb 2015
    09440170 CORINNE POVEY LTD 16 Feb 2015
    09454540 H&E SOLUTIONS LIMITED 24 Feb 2015
    09454976 M BAKSH TRADERS LTD 24 Feb 2015
    09459059 UK MADE EASY LIMITED 25 Feb 2015
    09459635 SOUTHAMPTON BAKERS LIMITED 26 Feb 2015
    09461186 EAT GOOD FOOD LTD 26 Feb 2015
    09425382 PROEMPIRE LTD 06 Feb 2015
    09430570 BAR FEVER (BRIDGEWATER) LTD 10 Feb 2015
    09435315 URBAN BATHROOMS LTD 12 Feb 2015
    09415844 FIRSWOOD METERING SERVICES LIMITED 02 Feb 2015