Skip to content
The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.

Analysis Report: Economic and Business Activity in Cannock Chase


Cannock Chase, a locality known for its diverse economic landscape, demonstrates a vibrant mix of industrial sectors with a total of 42,958 employees. The area shows a commitment to business growth and innovation, as indicated by various economic indicators. However, it also faces challenges, such as company cessations and a gender gap in business leadership.

Employment and Business Growth

  • Total Employees: Cannock Chase employs 42,958 individuals. The employee growth rate is 9.14%, reflecting a healthy job market.
  • Top Sectors by Company Numbers: Construction (18.08%), Wholesale/Retail Trade (13.23%), Professional/Scientific Activities (11.54%), and Administrative Services (11.00%) dominate the business landscape.
  • Sector Dynamics: Notably, there are no sectors with a significant rise in the number of companies, suggesting a stable but potentially stagnant market in terms of new sector emergence.
  • Scaleups: The presence of 27 scaleups indicates a nurturing environment for rapidly growing companies, a positive sign for future economic expansion.

Business Continuity

  • Company Cessations: Data on company cessations is not provided, which is a critical area to monitor for assessing business sustainability.
  • New Companies: 1,577 new companies emerged over the last two years, indicating a dynamic entrepreneurial environment.
  • SMEs and Exporters: With 4,494 SMEs and 189 exporters, the local economy shows a strong backbone of small and medium-sized enterprises contributing to both local and international markets.
  • International Influence: 150 companies with foreign parentage and 54 fundraisings highlight Cannock Chase’s integration into the global business network.

Business Leadership and Innovation

  • Gender Diversity in Leadership: Founders show a gender split of 13.33% female, 80% male, and 6.67% unknown. Directorship roles are 25.43% female, 72.14% male, and 2.43% unknown, indicating a gender gap in business leadership.
  • Age Distribution of Directors: Most directors fall in the 50-60 age range (29.58%), followed by those over 60 (23.65%). This suggests experienced leadership but may also point to a need for younger entrepreneurial perspectives.
  • Innovation Indicators: While there are no patent owners or grantees, the presence of 360 companies with young directors indicates a budding potential for innovation.


Cannock Chase exhibits a robust and diverse economic landscape with significant growth in employment and the emergence of new companies. However, challenges such as a lack of sectoral growth drivers and a gender disparity in leadership positions need to be addressed. The presence of experienced business leadership, alongside budding young directors, sets a promising stage for future innovation and economic resilience.

Company foundations and cessations over time

Active companies over time

The information is accurate as of 31 December 2022.
Data courtesy of Beauhurst.