Cheshire
2014 Annual Business Confidence Report
Headlines
- The second half of 2014 saw a new record in company registrations in Cheshire when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Cheshire when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Cheshire when compared to any previous December.
- November 2014 saw a new record in company registrations in Cheshire when compared to any previous November.
- October 2014 saw a new record in company registrations in Cheshire when compared to any previous October.
- December 2014 saw a new record in company closures in Cheshire when compared to any previous December.
- November 2014 saw a new record in net growth in Cheshire when compared to any previous November.
- October 2014 saw a new record in net growth in Cheshire when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
A total of 11,244 companies were formed in Cheshire in 2014. This total is 5.8% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Cheshire UK 2014 11,244 582,051 2013 10,623 529,363 2012 8,765 491,893 2011 7,173 452,870 2010 6,078 400,358 Record Year 2007 (26,424) 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 Cheshire when compared to any previous second half year.
In the second half of 2014 a total of 5,581 companies were formed in Cheshire. This figure is 14.0% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Cheshire occurred in 2014 when a total of 5,581 were formed.
Half Year (Jul-Dec) Cheshire UK 2014 5,581 281,320 2013 4,895 259,931 % change 14.0% 8.2% Record Year 2014 (5,581) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Cheshire when compared to any previous Q4.
A total of 2,730 companies were registered in Cheshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 17.8% versus the same period last year (Q4 2013). This figure compares well 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) Cheshire UK 2014 2,730 137,906 2013 2,318 127,247 % change 17.8% 8.4% Record Year 2014 (2,730) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Cheshire when compared to any previous December.
November 2014 saw a new record in company registrations in Cheshire when compared to any previous November.
October 2014 saw a new record in company registrations in Cheshire when compared to any previous October.
New Companies by Month
October November December New companies in 2014 1,051 903 776 New companies in 2013 903 838 577 % change 16.4% 7.8% 34.5% Record Year 2014 (1,051) 2014 (903) 2014 (776)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 6,255 companies were dissolved in Cheshire in 2014. This total is 31.6% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Cheshire UK 2014 6,255 367,937 2013 4,753 332,213 2012 3,921 293,729 2011 4,599 314,524 2010 8,511 342,233 Record Year 2008 (12,405) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 3,256 companies were dissolved in Cheshire. This figure is 14.7% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Cheshire occurred in 2008 when a total of 10,919 were closed.
Half Year (Jul-Dec) Cheshire UK 2014 3,256 190,730 2013 2,838 177,021 % change 14.7% 7.7% Record Year 2008 (10,919) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 1,378 companies were dissolved in Cheshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 3.6% versus the same period last year (Q4 2013). This figure compares well 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) Cheshire UK 2014 1,378 89,060 2013 1,430 90,851 % change -3.6% -2.0% Record Year 2009 (1,459) 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 Cheshire when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 414 407 557 Closed companies in 2013 550 451 429 % change -24.7% -9.8% 30% Record Year 2009 (577) 2007 (471) 2014 (557)
Net Company Growth
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Annual Data (2014)
A total of 4,989 companies were added to the company register for Cheshire in 2014. This number represents growth of 44.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 881 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Cheshire company register grew by 23,425 companies.
Year Cheshire UK 2014 4,989 214,114 2013 5,870 197,150 2012 4,844 198,164 2011 2,574 138,346 2010 -2,433 58,125 Record Year 2007 (23,425) 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 Cheshire increased by 2,325 companies.
Half Year (Jul-Dec) Cheshire UK 2014 2,325 90,590 2013 2,057 82,910 Record Year 2003 (2,367) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Cheshire during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 1,352 companies.
fourth quarter (Oct 2014 - Dec 2014) Cheshire UK 2014 1,352 48,846 2013 888 36,396 Record Year 2014 (1,352) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Cheshire when compared to any previous November.
October 2014 saw a new record in net growth in Cheshire when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 637 496 219 Net growth in 2013 353 387 148 Record Year 2014 (637) 2014 (496) 2006 (522)
UK Company Share
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Annual Data (2014)
In 2014 Cheshire formed 1.9% of all UK companies. This is a decline on 2013 when Cheshire was responsible for 2.0% of all UK companies.
Year Cheshire 2014 1.9% 2013 2.0% 2012 1.8% 2011 1.6% 2010 1.5% Record Year (since 1960) 2007 (5.8%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Cheshire formed 2.0% of all UK companies. This is more than the 2013 figure of 1.9%.
Half Year (Jul-Dec) Cheshire 2014 2.0% 2013 1.9% 2012 1.8% 2011 1.7% 2010 1.5% Record Year (since 1960) 2014 (2.0%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Cheshire formed 2.0% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Cheshire 2014 2.0% 2013 1.8% 2012 1.9% 2011 1.7% 2010 1.5% Record Year (since 1960) 2014 (2.0%) 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 2.0% 2.0% 1.9% UK formation share in 2013 1.8% 1.9% 1.7% % change 10.7% 2.3% 15.1% Record Year 2014 (2.0%) 2014 (2.0%) 2006 (2.6%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.0.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.9% 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 43.6.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.0% 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 43.7.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.9% 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 Cheshire was 1990 when 37.0% of all directors were female.
The percentage of female directors in Cheshire in 2014 was 27.2%. 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 Cheshire was 2005 when 32.6% of all directors were female.
26.1% of all director appointments in Cheshire 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 Cheshire was in 2005 when 31.9% of all directors were female.
25.4% of all director appointments in Cheshire 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 ENGINEERING 4.92% CONSULTING 5.22% CONSULTING 3.22% MANAGEMENT 4.58% CONSULTANCY 3.19% CONSULTANCY 3.57% MANAGEMENT 2.90% PROPERTY 2.66% DESIGN 1.47% CONSTRUCTION 2.12% CONSTRUCTION 1.29% ENGINEERING 2.10% PROPERTY 1.15% CARE 2.02% CONSULTANTS 1.09% TRADING 1.94% PROJECT 1.09% LONDON 1.93% CHESHIRE 0.96% TRANSPORT 1.93% J 0.92% DESIGN 1.66% IT 0.89% CONSULTANTS 1.64% ELECTRICAL 0.88% ELECTRICAL 1.62% ASSOCIATES 0.83% PROPERTIES 1.62% TRANSPORT 0.82% BUSINESS 1.56% CARE 0.79% J 1.54% BUSINESS 0.77% CO., 1.50% S 0.75% GLOBAL 1.49% M 0.74% INVESTMENTS 1.48% SOCIAL 0.72% ASSOCIATES 1.47% MEDICAL 0.71% DEVELOPMENTS 1.35% DEVELOPMENTS 0.66% MEDIA 1.33% FINANCIAL 0.61% IT 1.31% VETS4PETS 0.56% BUILDING 1.29% C 0.56% 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 4,295 265,608 82990 - Other business support service activities not elsewhere classified 3,337 58,068 70229 - Management consultancy activities other than financial management 1,204 42,290 99999 - Dormant Company 732 48,509 62020 - Information technology consultancy activities 524 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 418 19,049 88990 - Other social work activities without accommodation not elsewhere classified 369 4,756 96090 - Other service activities not elsewhere classified 350 29,009 71129 - Other engineering activities 319 6,132 62090 - Other information technology service activities 198 12,837 49410 - Freight transport by road 189 10,842 41100 - Development of building projects 188 11,397 86900 - Other human health activities 176 12,976 47910 - Retail sale via mail order houses or via Internet 176 10,107 68209 - Other letting and operating of own or leased real estate 153 11,212 86220 - Specialists medical practice activities 153 4,031 43999 - Other specialised construction activities not elsewhere classified 152 8,761 74990 - Non-trading company 134 13,984 69201 - Accounting and auditing activities 131 7,528 62012 - Business and domestic software development 131 9,752
Recent Companies
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Randomly selected companies from this quarter
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