Chester, Cheshire
Q3 2014 Business Confidence Report
Headlines
- July 2014 saw a new record in company closures in Chester when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 331 companies were registered in Chester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is a decrease of 2.1% versus the same period last year (Q3 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Chester UK 2014 331 143,414 2013 338 132,684 % change -2.1% 8.1% Record Year 2006 (381) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
New Companies by Month
July August September New companies in 2014 117 104 110 New companies in 2013 126 99 113 % change -7.1% 5.1% -2.7% Record Year 2013 (126) 2006 (151) 2006 (155)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 264 companies were dissolved in Chester during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 13.3% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Chester UK 2014 264 101,670 2013 233 86,170 % change 13.3% 18.0% Record Year 2008 (1,480) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Chester when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 98 67 99 Closed companies in 2013 74 66 93 % change 32.4% 1.5% 6% Record Year 2014 (98) 2008 (1,434) 2009 (117)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Chester during the third quarter of 2014 (Jul 2014 - Sep 2014) was 67 companies.
third quarter (Jul 2014 - Sep 2014) Chester UK 2014 67 41,744 2013 105 46,514 Record Year 2006 (299) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 19 37 11 Net growth in 2013 52 33 20 Record Year 2013 (52) 2006 (107) 2006 (142)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Chester formed 0.2% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Chester 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2006 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.3% 0.2% 0.3% % change -15.7% 0.1% -10.7% Record Year 1994 (0.4%) 2005 (0.5%) 2006 (0.5%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 44.7.
The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Chester was in 2006 when 30.8% of all directors were female.
28.3% of all director appointments in Chester in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.62% CONSULTING 5.17% CONSULTING 1.81% MANAGEMENT 4.63% ENGINEERING 1.43% CONSULTANCY 3.55% CHESTER 1.24% PROPERTY 2.62% PROPERTY 1.10% ENGINEERING 2.07% CONSTRUCTION 1.00% CONSTRUCTION 2.05% CONSULTANCY 1.00% TRADING 2.00% ENERGY 0.71% LONDON 1.95% (CHESTER) 0.71% CARE 1.94% FINANCIAL 0.71% TRANSPORT 1.76% S 0.67% DESIGN 1.70% R 0.67% CONSULTANTS 1.70% M 0.67% PROPERTIES 1.63% CONSULTANTS 0.62% BUSINESS 1.62% CHESHIRE 0.62% J 1.53% PROJECT 0.62% ELECTRICAL 1.53% NORTH 0.57% GLOBAL 1.51% ASSOCIATES 0.52% INVESTMENTS 1.50% CONTRACTING 0.52% ASSOCIATES 1.48% G 0.52% MEDIA 1.38% ELECTRICAL 0.52% CO., 1.36% (NW) 0.48% DEVELOPMENTS 1.35% SPORTS 0.48% BUILDING 1.30% MEDIA 0.48% IT 1.30% INVESTMENTS 0.48% M 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 562 278,481 70229 - Management consultancy activities other than financial management 168 40,717 82990 - Other business support service activities not elsewhere classified 131 57,264 74909 - Other professional, scientific and technical activities not elsewhere classified 88 18,890 99999 - Dormant Company 82 48,286 62020 - Information technology consultancy activities 68 29,313 96090 - Other service activities not elsewhere classified 53 28,224 47910 - Retail sale via mail order houses or via Internet 29 9,914 74990 - Non-trading company 26 14,006 64999 - Financial intermediation not elsewhere classified 26 5,857 43999 - Other specialised construction activities not elsewhere classified 25 8,501 41100 - Development of building projects 25 10,604 56302 - Public houses and bars 25 6,056 62012 - Business and domestic software development 24 9,675 69102 - Solicitors 22 2,595 70221 - Financial management 21 3,550 47990 - Other retail sale not in stores, stalls or markets 21 6,327 68209 - Other letting and operating of own or leased real estate 20 10,361 88990 - Other social work activities without accommodation not elsewhere classified 19 4,382 62090 - Other information technology service activities 18 12,795
Recent Companies
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Randomly selected companies from this quarter
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