Chester, Cheshire

Q1 2015 Business Confidence Report

Headlines

  • February 2015 saw a new record in company closures in Chester when compared to any previous February.
  • January 2015 saw a new record in net growth in Chester when compared to any previous January.

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 423 companies were registered in Chester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 16.5% versus the same period last year (Q1 2014). This figure compares well 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)ChesterUK
    2015423161,156
    2014363150,722
    % change16.5%6.9%
    Record Year 2007 (3,307) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015123132168
    New companies in 2014127107129
    % change-3.1%23.4%30.2%
    Record Year2013 (129)2007 (561)2007 (2,651)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 210 companies were dissolved in Chester during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 14.8% 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)ChesterUK
    201521089,523
    201418382,370
    % change14.8%8.7%
    Record Year 2009 (537) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Chester when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015517980
    Closed companies in 2014615270
    % change-16.4%51.9%14%
    Record Year2013 (61)2015 (79)2009 (482)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Chester during the first quarter of 2015 (Jan 2015 - Mar 2015) was 213 companies.

    first quarter (Jan 2015 - Mar 2015)ChesterUK
    201521371,633
    201418068,352
    Record Year 2007 (3,212) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Chester when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015725388
    Net growth in 2014665559
    Record Year2015 (72)2007 (533)2007 (2,610)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Chester formed 0.3% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Chester
    20150.3%
    20140.2%
    20130.3%
    20120.2%
    20110.2%
    Record Year (since 1960) 2007 (2.0%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.3%0.3%0.3%
    UK formation share in 20140.3%0.2%0.2%
    % change-5.0%13.6%18.7%
    Record Year1993 (0.4%)2007 (1.0%)2007 (3.9%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 43.9.

    The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.0% 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 Chester was in 2008 when 33.6% of all directors were female.

    29.1% of all director appointments in Chester 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
    MANAGEMENT2.51%CONSULTING5.23%
    ENGINEERING1.87%MANAGEMENT4.56%
    CONSULTING1.64%CONSULTANCY3.62%
    CONSTRUCTION1.46%PROPERTY2.72%
    CHESTER1.32%CONSTRUCTION2.19%
    PROPERTY1.28%CARE2.13%
    FINANCIAL1.14%ENGINEERING2.12%
    CONSULTANCY1.05%LONDON1.91%
    J0.91%TRADING1.88%
    M0.82%TRANSPORT1.82%
    S0.73%ELECTRICAL1.76%
    ELECTRICAL0.73%DESIGN1.65%
    ASSOCIATES0.73%PROPERTIES1.63%
    D0.68%CO.,1.58%
    ENERGY0.64%J1.55%
    R0.59%CONSULTANTS1.54%
    C0.59%BUSINESS1.49%
    CONSULTANTS0.59%INVESTMENTS1.49%
    CONTRACTING0.55%GLOBAL1.46%
    DESIGN0.55%ASSOCIATES1.44%
    PROPERTIES0.50%DEVELOPMENTS1.36%
    TRANSPORT0.50%BUILDING1.31%
    CHESHIRE0.46%IT1.30%
    PROJECTS0.46%MEDIA1.28%
    BUILDING0.46%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied587288,953
    70229 - Management consultancy activities other than financial management16643,081
    82990 - Other business support service activities not elsewhere classified13858,522
    99999 - Dormant Company8349,474
    74909 - Other professional, scientific and technical activities not elsewhere classified8119,098
    62020 - Information technology consultancy activities8030,825
    96090 - Other service activities not elsewhere classified5829,218
    41100 - Development of building projects3111,863
    64999 - Financial intermediation not elsewhere classified316,067
    62090 - Other information technology service activities2712,862
    47910 - Retail sale via mail order houses or via Internet2710,200
    68209 - Other letting and operating of own or leased real estate2511,600
    62012 - Business and domestic software development249,651
    43999 - Other specialised construction activities not elsewhere classified249,080
    56302 - Public houses and bars246,355
    47990 - Other retail sale not in stores, stalls or markets236,557
    70221 - Financial management223,698
    74990 - Non-trading company2213,794
    56101 - Licensed restaurants228,909
    88990 - Other social work activities without accommodation not elsewhere classified215,014

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09471533 TJWR FINANCIAL SERVICES LTD 04 Mar 2015
    09472209 HS TRADINGS (NW) LIMITED 05 Mar 2015
    09475061 COAX CITY LIMITED 06 Mar 2015
    09476179 KEELER TRADING LIMITED 06 Mar 2015
    09480013 NHP1 LIMITED 10 Mar 2015
    09492314 AM & PM DRIVER HIRE LIMITED 16 Mar 2015
    09507434 REGIONAL AMBULANCE SERVICE LTD 24 Mar 2015
    09468536 DEBORAH MCVEY LTD 03 Mar 2015
    09494758 STWERB LIMITED 17 Mar 2015
    09509483 BARRY WALKER ONE DRIVE LIMITED 25 Mar 2015
    09511234 JANE PHILLIPSON CONSULTING LIMITED 26 Mar 2015
    09467895 GHG NETWORKS LTD 03 Mar 2015
    09476519 M.A. JOINERY (NW) LTD 06 Mar 2015
    09483536 FIRST VISUAL LIMITED 11 Mar 2015
    09485916 EDGE BUILDING SUPPLIES LIMITED 12 Mar 2015
    09491063 DEELUX LIMITED 16 Mar 2015
    09517107 ASTUTE DEVELOPMENT CONSULTING LIMITED 30 Mar 2015
    09517563 THE TEMPORARY BATHROOM COMPANY LIMITED 30 Mar 2015
    09466599 3C FINANCE LTD 03 Mar 2015
    09470699 M J HANCOCK CONSULTANCY LIMITED 04 Mar 2015
    09475247 R J RICE LTD 06 Mar 2015
    09475414 I NORBURY LTD 06 Mar 2015
    09480709 JP MOORE LTD 10 Mar 2015
    09481048 TOM RICHARDSON LTD 10 Mar 2015
    09481924 RADMAT LIMITED 10 Mar 2015