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net company growth climbs in Chatham

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female director numbers at all-time high in Winchester

June 2014

The latest Duport Business Confidence Report for Winchester reveals there were a record number female company directors in the area during the first three months of this year.

During the January to March period, 32% of all directors in Winchester were women - more than any other first quarter on record and an 8% rise on the previous year. This puts Winchester well ahead of the UK average of 26% female directors for the same period.

In further good news, the Duport report also shows a 5% rise in company formation over the quarter, as well as an 18% drop in company closures. This led to a substantial overall rise in net company growth (the number of company formations minus the number of closures).

Managing Director of Duport.co.uk, Peter Valaitis commented:

"An increase in female directors is fantastic news for the business community of Winchester. More diversity amongst business leaders should help a flow of fresh ideas and innovation, which will benefit the local economy as a whole."

The Duport Business Confidence Report for Winchester provides a range of data to give an insight into the local economy. More information and statistics can be found at http://www.duport.co.uk/winchester.

Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.

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