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
New Company Registrations
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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) Chester UK 2015 423 161,156 2014 363 150,722 % change 16.5% 6.9% Record Year 2007 (3,307) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
New Companies by Month
January February March New companies in 2015 123 132 168 New companies in 2014 127 107 129 % change -3.1% 23.4% 30.2% Record Year 2013 (129) 2007 (561) 2007 (2,651)
Closed Companies (dissolved)
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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) Chester UK 2015 210 89,523 2014 183 82,370 % change 14.8% 8.7% Record Year 2009 (537) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 51 79 80 Closed companies in 2014 61 52 70 % change -16.4% 51.9% 14% Record Year 2013 (61) 2015 (79) 2009 (482)
Net Company Growth
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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) Chester UK 2015 213 71,633 2014 180 68,352 Record Year 2007 (3,212) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 72 53 88 Net growth in 2014 66 55 59 Record Year 2015 (72) 2007 (533) 2007 (2,610)
UK Company Share
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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 2015 0.3% 2014 0.2% 2013 0.3% 2012 0.2% 2011 0.2% Record Year (since 1960) 2007 (2.0%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.3% 0.3% 0.3% UK formation share in 2014 0.3% 0.2% 0.2% % change -5.0% 13.6% 18.7% Record Year 1993 (0.4%) 2007 (1.0%) 2007 (3.9%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.51% CONSULTING 5.23% ENGINEERING 1.87% MANAGEMENT 4.56% CONSULTING 1.64% CONSULTANCY 3.62% CONSTRUCTION 1.46% PROPERTY 2.72% CHESTER 1.32% CONSTRUCTION 2.19% PROPERTY 1.28% CARE 2.13% FINANCIAL 1.14% ENGINEERING 2.12% CONSULTANCY 1.05% LONDON 1.91% J 0.91% TRADING 1.88% M 0.82% TRANSPORT 1.82% S 0.73% ELECTRICAL 1.76% ELECTRICAL 0.73% DESIGN 1.65% ASSOCIATES 0.73% PROPERTIES 1.63% D 0.68% CO., 1.58% ENERGY 0.64% J 1.55% R 0.59% CONSULTANTS 1.54% C 0.59% BUSINESS 1.49% CONSULTANTS 0.59% INVESTMENTS 1.49% CONTRACTING 0.55% GLOBAL 1.46% DESIGN 0.55% ASSOCIATES 1.44% PROPERTIES 0.50% DEVELOPMENTS 1.36% TRANSPORT 0.50% BUILDING 1.31% CHESHIRE 0.46% IT 1.30% PROJECTS 0.46% MEDIA 1.28% BUILDING 0.46% M 1.27%
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 587 288,953 70229 - Management consultancy activities other than financial management 166 43,081 82990 - Other business support service activities not elsewhere classified 138 58,522 99999 - Dormant Company 83 49,474 74909 - Other professional, scientific and technical activities not elsewhere classified 81 19,098 62020 - Information technology consultancy activities 80 30,825 96090 - Other service activities not elsewhere classified 58 29,218 41100 - Development of building projects 31 11,863 64999 - Financial intermediation not elsewhere classified 31 6,067 62090 - Other information technology service activities 27 12,862 47910 - Retail sale via mail order houses or via Internet 27 10,200 68209 - Other letting and operating of own or leased real estate 25 11,600 62012 - Business and domestic software development 24 9,651 43999 - Other specialised construction activities not elsewhere classified 24 9,080 56302 - Public houses and bars 24 6,355 47990 - Other retail sale not in stores, stalls or markets 23 6,557 70221 - Financial management 22 3,698 74990 - Non-trading company 22 13,794 56101 - Licensed restaurants 22 8,909 88990 - Other social work activities without accommodation not elsewhere classified 21 5,014
Recent Companies
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Randomly selected companies from this quarter
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