Business births, deaths and active enterprises in Wales by industry (SIC 2007), variable and year
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2016Metadata
- High level information
- Summary information
- Statistical quality information
- Weblinks
- Keywords
- Open Data
Title
Business births, deaths and active enterprises by Broad Industry Group (SIC 2007)Last update
23 January 2023Next update
January 2024Publishing organisation
Welsh GovernmentSource 1
Business Demography, Office for National StatisticsContact email
economic.stats@gov.walesDesignation
National StatisticsLowest level of geographical disaggregation
Local authoritiesGeographical coverage
WalesLanguages covered
English and WelshData licensing
You may use and re-use this data free of charge in any format or medium, under the terms of the Open Government License - see http://www.nationalarchives.gov.uk/doc/open-government-licenceGeneral description
This dataset detail business births, deaths and active enterprises by Broad Industry Group (SIC 2007)Data collection and calculation
ONS use data from the IDBR to produce business demography statistics, using guidelines found in the Eurostat/OECD manual on Business Demography. The starting point for demography is the concept of a population of active businesses in a reference year. These are defined as businesses that had either turnover or employment at any time during the reference period. Births and deaths are then identified by comparing active populations for different years.A birth is defined as a business that was present in year t, but did not exist in year t-1 or t-2. Births are identified by making a comparison of annual active population files and identifying those present in the latest one, but not the two previous ones.
A death is defined as a business that was on the active file in year t but no longer present on the active file for year t+1 or t+2. To produce more timely statistics, the UK business demography statistics contain a preliminary death indicator, which includes an adjustment for estimated reactivations. Reactivations occur where a business becomes dormant for a period of less than 2 years, then recommences activity in a manner which complies with a definition of continuity. If the definition of continuity is not met (e.g. if a business recommences activity but at a different location and with a different activity), this would be considered a death followed by a birth. Reactivations can also occur due to lags in the administrative data source (VAT/PAYE) so that a business that continues to trade can appear to die. The deaths data exclude losses to the population as a result of mergers, break-ups, split-offs or other re-structuring.
The ONS business demography statistics differ from the former Department for Business Enterprise and Regulatory Reform (BERR) statistics statistics in that they include PAYE-registered units. Therefore, the ONS statistics will additionally include the births and deaths of employing businesses which are not VAT-registered, providing a more comprehensive view of business start-up activity. The ONS data also has a higher number of active businesses than both the former BERR VAT-based series and the expanded UK Business: Activity Size and Location publication. This is because the business demography methodology takes into account businesses that were active at any time during the reference year, whereas the former BERR series calculates stock by adding registrations and substracting deregistrations from the previous year’s stock; the UK Business: Activity Size and Location publication is based on a snapshot taken from the IDBR at a point in time in March. Additionally, business demography includes a group of non-corporate PAYE businesses, which are excluded from the UK Business: Activity Size and Location due to a small risk of duplication.
Frequency of publication
AnnualData reference periods
2008 to 2021Rounding applied
Data are rounded to the nearest 5.Revisions information
The latest two years' estimates on births and deaths are subject to revision, which would normally be made in the following year's publication.Statistical quality
A statistical quality report can be found at the link below: http://www.ons.gov.uk/ons/guide-method/method-quality/quality/quality-information/business-and-energy/quality-and-methodology-information-for-business-demography.pdfTotals across tables may differ by minor amounts due to the disclosure control methods used.
