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Professional services succession in North West
31.3% of 45,503 trading professional services companies in North West have a director aged 60 or over, against 32.2% for the sector across the UK.
45,503trading companies measured
31.3%have a director aged 60 or over
8.8%have a director aged 70 or over
64.7%are owner-run (one person or family holds 50%+)
64.8%have a single director
Other sectors in North West
| Sector | Companies | Director 60+ | Director 70+ | Owner-run | Single director | Median age (yrs) |
|---|---|---|---|---|---|---|
| Property | 42,104 | 31.0% | 11.9% | 46.2% | 50.0% | 7 |
| Construction | 34,805 | 27.2% | 7.5% | 60.0% | 62.6% | 8 |
| Health and care | 19,512 | 22.0% | 5.5% | 57.1% | 57.8% | 7 |
| Wholesale | 18,522 | 30.5% | 10.4% | 62.0% | 63.2% | 8 |
| Software and IT | 17,785 | 20.5% | 4.6% | 65.7% | 67.7% | 8 |
| Retail | 17,059 | 23.8% | 7.7% | 64.2% | 67.0% | 7 |
| Hotels and food service | 15,092 | 25.0% | 8.2% | 57.6% | 62.4% | 5 |
| Financial services | 11,931 | 35.5% | 10.8% | 46.8% | 45.8% | 7 |
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