Chester, Cheshire
2010 Annual Business Confidence Report
Headlines
- November 2010 saw a new record in company closures in Chester when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2010)
A total of 785 companies were formed in Chester in 2010. This total is 7.8% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.
Year Chester UK 2010 785 400,358 2009 728 362,675 2008 669 349,203 2007 3,900 457,649 2006 1,330 405,440 Record Year 2007 (3,900) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 397 companies were formed in Chester. This figure is 9.4% higher than last year, which compares well to the UK wide figure of 8.8%.
The highest total for a second half year in Chester occurred in 2006 when a total of 678 were formed.
Half Year (Jul-Dec) Chester UK 2010 397 196,609 2009 363 180,654 % change 9.4% 8.8% Record Year 2006 (678) 2003 (201,446) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 198 companies were registered in Chester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is an increase of 11.2% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Chester UK 2010 198 95,117 2009 178 85,983 % change 11.2% 10.6% Record Year 2006 (297) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 61 76 61 New companies in 2009 55 70 53 % change 10.9% 8.6% 15.1% Record Year 2006 (84) 2006 (106) 2006 (107)
Closed Companies (dissolved)
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Annual Data (2010)
A total of 692 companies were dissolved in Chester in 2010. This total is 76.3% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.
Year Chester UK 2010 692 342,232 2009 2,915 533,773 2008 1,767 237,901 2007 359 220,295 2006 324 200,166 Record Year 2009 (2,915) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 a total of 358 companies were dissolved in Chester. This figure is 36.6% lower than last year, which compares well to the UK wide change of -32.7%.
The highest total for a second half year in Chester occurred in 2008 when a total of 1,573 were closed.
Half Year (Jul-Dec) Chester UK 2010 358 164,601 2009 565 244,537 % change -36.6% -32.7% Record Year 2008 (1,573) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
A total of 171 companies were dissolved in Chester during the fourth quarter of 2010 (Oct 2010 - Dec 2010).
This figure is a decrease of 36.2% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.
fourth quarter (Oct 2010 - Dec 2010) Chester UK 2010 171 76,896 2009 268 85,136 % change -36.2% -9.7% Record Year 2009 (268) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
November 2010 saw a new record in company closures in Chester when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2010 81 62 28 Closed companies in 2009 157 54 57 % change -48.4% 14.8% -51% Record Year 2009 (157) 2010 (62) 2009 (57)
Net Company Growth
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Annual Data (2010)
A total of 93 companies were added to the company register for Chester in 2010. This number represents growth of 12.8% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.
This number is 2,280 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Chester company register grew by 3,541 companies.
Year Chester UK 2010 93 58,126 2009 -2,187 -171,098 2008 -1,098 111,302 2007 3,541 237,354 2006 1,006 205,274 Record Year 2007 (3,541) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 the company register for Chester increased by 39 companies.
Half Year (Jul-Dec) Chester UK 2010 39 32,008 2009 -202 -63,883 Record Year 2006 (520) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
Net company growth for Chester during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 27 companies.
fourth quarter (Oct 2010 - Dec 2010) Chester UK 2010 27 18,221 2009 -90 847 Record Year 2006 (221) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 -20 14 33 Net growth in 2009 -102 16 -4 Record Year 2005 (59) 2006 (83) 2006 (84)
UK Company Share
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Annual Data (2010)
In 2010 Chester formed 0.2% of all UK companies. This is no change on 2009 when Chester was responsible for 0.2% of all UK companies.
Year Chester 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.9% 2006 0.3% Record Year (since 1960) 2007 (0.9%) Company Share by Year
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Half Year Data (Jul-Dec 2010)
In the second half of 2010 Chester formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jul-Dec) Chester 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.4% Record Year (since 1960) 2006 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
In the fourth quarter of 2010, Chester formed 0.2% of all UK companies.
fourth quarter (Oct 2010 - Dec 2010) Chester 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.3% Record Year (since 1960) 2006 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -2.8% -2.9% 9.5% Record Year 1993 (0.4%) 1971 (0.4%) 1965 (0.6%)
Director Age
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Annual Data (2010)
The average age of a director in 2010 was 46.3.
The percentage of directors under the age of 25 was 1.5% compared to the UK figure of 2.5%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.5%.
Director Age by Year
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Half Year Data (Jul-Dec 2010)
The average age of a director in the second half of 2010 was 45.7.
The percentage of directors under the age of 25 was 1.4% compared to the UK figure of 2.8%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.4%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The average age of a director in the fourth quarter of 2010 was 46.7.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 5.6% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Annual Data (2010)
The record year for female directors in Chester was 1857 when 36.4% of all directors were female.
The percentage of female directors in Chester in 2010 was 27.3%. The average for the UK during this time was 26.2%
Director Gender by Year
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Half Year Data (Jul-Dec 2010)
The record second half year for female directors in Chester was 1860 when 42.9% of all directors were female.
25.6% of all director appointments in Chester in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2010)
The record fourth quarter for female directors in Chester was in 1977 when 31.1% of all directors were female.
25.1% of all director appointments in Chester in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CHESTER 2.46% CONSULTING 5.06% MANAGEMENT 2.14% MANAGEMENT 5.01% CONSULTING 1.43% CONSULTANCY 3.14% MEDIA 0.95% PROPERTY 2.36% CONSULTANCY 0.95% TRADING 2.11% ASSOCIATES 0.79% ASSOCIATES 1.95% CONSULTANTS 0.79% DESIGN 1.92% J 0.71% BUSINESS 1.82% DESIGN 0.71% CONSTRUCTION 1.82% ENGINEERING 0.71% CONSULTANTS 1.76% CONSTRUCTION 0.63% MEDIA 1.71% BUSINESS 0.63% ENGINEERING 1.62% D 0.63% LONDON 1.60% (CHESTER) 0.63% CARE 1.45% IN 0.63% INVESTMENTS 1.44% FINANCE 0.55% GLOBAL 1.43% CHESHIRE 0.55% J 1.42% CATERING 0.55% IT 1.41% PRODUCTS 0.48% PROPERTIES 1.34% COMMERCIAL 0.48% INTERNATIONAL 1.34% NETWORK 0.48% BUILDING 1.34% 2010 0.48% M 1.30% RECRUITMENT 0.48% ELECTRICAL 1.25% CARE 0.48% SYSTEMS 1.24% G 0.40% S 1.23%
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 291 199,572 7487 - Other business activities 120 63,348 82990 - Other business support service activities not elsewhere classified 57 27,550 70229 - Management consultancy activities other than financial management 51 14,505 7414 - Business & management consultancy 42 13,474 9999 - Dormant Company 34 20,144 99999 - Dormant Company 29 16,285 74909 - Other professional, scientific and technical activities not elsewhere classified 28 7,088 7499 - Non-trading company 21 12,000 96090 - Other service activities not elsewhere classified 21 8,799 74990 - Non-trading company 19 8,243 62020 - Information technology consultancy activities 19 9,177 7260 - Other computer related activities 16 8,089 5530 - Restaurants 15 4,939 9305 - Other service activities 14 8,858 4521 - General construction & civil engineering 14 6,598 62090 - Other information technology service activities 13 6,330 69201 - Accounting and auditing activities 13 3,088 7222 - Other software consultancy and supply 12 7,298 5552 - Catering 11 2,157
Recent Companies
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Randomly selected companies from this quarter
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