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Engineering succession in East of England
42.1% of 5,382 trading engineering companies in East of England have a director aged 60 or over, against 41.8% for the sector across the UK.
5,382trading companies measured
42.1%have a director aged 60 or over
15.3%have a director aged 70 or over
56.8%are owner-run (one person or family holds 50%+)
53.6%have a single director
Other sectors in East of England
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Professional services | 41,264 | 34.4% | 10.1% | 64.8% | 63.9% | 9 |
| Construction | 39,682 | 28.1% | 7.9% | 60.4% | 62.2% | 9 |
| Property | 33,828 | 36.0% | 15.4% | 43.5% | 44.9% | 7 |
| Software and IT | 18,167 | 24.7% | 6.4% | 64.3% | 64.9% | 9 |
| Wholesale | 15,029 | 33.5% | 11.8% | 61.2% | 60.4% | 9 |
| Health and care | 14,014 | 24.5% | 6.7% | 63.3% | 62.9% | 7 |
| Retail | 11,973 | 28.2% | 9.6% | 63.2% | 63.7% | 7 |
| Hotels and food service | 11,497 | 26.3% | 8.6% | 59.3% | 63.2% | 6 |
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