7 December 2016

Increased sales turnover of two geographical areas

Suffolk and Cambridgeshire can translate into more sales for you. Get your sales team on the case.

Recent Analysis by Grant Thornton and Birketts LLP highlights the combined turnover across the top 100 companies in Suffolk increased by 4.2 per cent to £4.67bn and operating profits rose by 7.3 per cent to £239m.  The study  titled Suffolk Ltd flags up:

- Most firms saw higher sales and profits
- Benefitted from continuing improvements to efficiency
- Adopted a cautious attitude to investment
- Employment rose by 5.1 per cent with 47,570 people employed by the top 100 firms
- Over half of the combined workforce (52 per cent) worked in the Services sector which comprises of 20 companies
- Average salary fell by £500 to £17,319 - below the UK average of £28,028
- The ten largest businesses by turnover - dominated by transport and motor retail - generated 39 per cent or £1.8bn of the top 100's sales
- Retail & Wholesale was the largest sector (23 companies), followed by Transport & Motor Retail (22 companies). Manufacturing remained the smallest sector with just eight companies and a 3.9 per cent share of turnover. Property & Construction achieved the highest growth in turnover at 26.9 per cent.

Another tool that can be used to track potential customers is the Cluster Map across Cambridgeshire

It maps the growth of the Cambridge sub-region over time and reveals the true extent of the success of the 'Cambridge Phenomenon' has been created and launched by 'Cambridge Ahead' in partnership with Barclays, working with the Centre for Business Research (CBR) at the University of Cambridge.

The new Cluster Map highlights a record of growth during 2014/15 with Cambridge companies enjoying a 7.7% increase in turnover - which now stands at £33 billion - and a 7.5% increase in employment.

See www.camclustermap.com to view the map.

It covers all economic sectors and provides estimates for employment and turnover when these are not available from Companies House.

The new dataset identifies and locates companies and certain research facilities that are active within a 20-mile radius of the centre of the city and shows three types of organisations: Cambridge-based companies, Cambridge-active companies, and Non-corporate Knowledge-intensive (KI) organisations.

The data held on the 22,000 companies registered and based within the city includes the sector, principal trading address, turnover and employment record for the five years to April 2015. That held on those 900 companies trading but not based in the city includes their sector and postcode but not their employment or turnover.

 Users of this free-to-access tool can view the data superimposed on a map of the city-region

- Search down to street and postcode level
- Data can also be filtered by sectors, and show trends in turnover and employees on a city or individual company level
- Covers all the other economic sectors