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Professional services succession in London
25.8% of 127,987 trading professional services companies in London have a director aged 60 or over, against 32.2% for the sector across the UK.
127,987trading companies measured
25.8%have a director aged 60 or over
7.5%have a director aged 70 or over
70.2%are owner-run (one person or family holds 50%+)
72.0%have a single director
Other sectors in London
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Property | 131,760 | 30.7% | 12.5% | 48.7% | 55.2% | 6 |
| Construction | 82,066 | 21.1% | 6.6% | 68.4% | 74.4% | 7 |
| Software and IT | 76,445 | 16.7% | 4.2% | 67.4% | 70.5% | 7 |
| Wholesale | 39,303 | 22.6% | 7.8% | 70.2% | 74.4% | 6 |
| Retail | 38,776 | 19.2% | 6.1% | 69.9% | 74.1% | 6 |
| Health and care | 36,899 | 24.7% | 7.1% | 65.4% | 69.1% | 7 |
| Hotels and food service | 34,143 | 20.5% | 6.9% | 63.3% | 70.9% | 6 |
| Financial services | 33,998 | 34.2% | 11.2% | 48.3% | 50.9% | 7 |
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