The Business Performance
            Index
Using Data to Provide an Evidence Base
      for Liverpool City Region’s
       Transformational Sectors
The Low
                    Carbon
                   Economy



                 Liverpool City
The Knowledge       Region:
Economy         Transformationa
                        l
                    Sectors




                                    Liverpool City
                  Superport
                                       Region’s-
                                  Transformational
                                        Sectors
Liverpool City Region’s Transformational
      Sectors: Analytical Rationale
•Aim: Aligning BLNW Business Support Interventions more closely to
Liverpool City Region’s Four Transformational Sectors will require better
definition
•Review of current interactions and nature of Business Engagement (Support
Packages Accessed) within the Transformational Sectors is important when
determining current and future Business Support resource requirements
• Create a holistic overview of Cross-Agency Business Support Activity to
ensure effective Intervention Planning and Maximise the Impact of Service
Delivery
•Better Understanding of “Rapid High Growth Companies”(Gazelles) is
critical.
•The analysis aims to demonstrate the size and potential for each
transformational sector.
•Sector definitions in this presentation formulated by Business Link
Northwest and will need broader ratification.
The Knowledge Economy Sector
                                        Definition

•   National Statistics which use UK Standard Industrial Classifications (SIC) do not accurately
    reflect the structure of the Creative Industries.
•   Current DCMS definition of creative industries is inaccurate.
•   Identification of creative industries within official classifications from ONS surveys do not
    include businesses that are not registered or small businesses whose turnover is below
    the VAT threshold.
•   Created problems when identifying and marketing to Digital & Creative Sector Businesses.
•   Some Knowledge Economy Businesses are so New that they do not have SIC Codes
•   We used Yell Codes positions businesses more accurately from a Marketing and
    Advertising perspective
•   The Yell Codes BLNW used to define the Digital & Creative Sector were selected by Digital
    and Creative Sector Managers and Advisers
•   All D&C Marketing & Contact Activity at BLNW exclusively uses Yell Codes
•   YELL is the only Classification System sufficiently granular enough to identify Digital &
    Creative Sector Businesses
•   BLNW Segmentation Methodology has been adopted by NWDA to redefine Digital &
    Creative Sector to deliver future Digital & Creative Sector Strategy
Identifying Potential Knowledge Economy Companies



               Merseyside Actively Trading                                           How do you Identify a…
               Business Locations (72,870)
                                                                                     …company that is in
                        Liverpool (23,973)                                            Liverpool…
                                                                                     …that is in the Knowledge
                                                                                      Economy (based on Yell
                         The Knowledge                                                code analysis)…
                         Economy (964)
                                                                                     …that is a new start…
                                                                                     …or that is a mature
                                                                                      business?



                                                                                                   What do
       Under Three Years                         Over Three Years                                 these look
         of Age (493)                              of Age (471)
                                                                                                     like?



-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
Identifying Potential Knowledge Economy Companies




                                       Merseyside Actively Trading
                                       Business Locations (72,870)


                                              Liverpool (23,973)


                                                The Knowledge
                                                Economy (964)
                                                                                                         RES Sector




-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
The Low Carbon Economy Sector
                                          Definition
•   National Statistics which use UK Standard Industrial Classifications (SIC) do not accurately
    reflect the structure of the Energy and Environmental Technology (EETS) Sector.
•   Current BIS definitions of EETS is too broad and insufficiently specialist in nature.
•   Identification of EETS Businesses using definitions created by Innovas on behalf of BERR difficult
    to interpret and are applied inconsistently across sector.
•   Created problems for Business Link when it came to identifying and marketing to EETS
    Businesses.
•   Some EETS Businesses are so New that they do not have SIC Codes to describe them.
    Interestingly, only Environmental Consultants recognised in SIC 2007.
•   We used Nature of Business Descriptions - written by the Businesses themselves detailing the
    Business key activity and Environmental focus.
•   We profiled the Envirolink Database and identified commonly occurring Key Words and Phrases
    and then Applied these across the Universe of Businesses in the BLNW Data Warehouse.
•   The Data Set of Businesses was validated by the BLNW Energy and Environmental Sector Team
•   The list of Businesses created has generated high levels of response rates from large scale
    Telemarketing Activity
•   BLNW Segmentation Methodology adopted by the NWDA to redefine the EET Sector
•   Envirolink are in the process of sharing BLNW EET Sector Data which has been recognised as the most
    comprehensive in the UK
Identifying Potential Low Carbon Economy Companies



               Merseyside Actively Trading                                           How do you Identify a…
               Business Locations (72,870)
                                                                                     …company that is in
                        Liverpool (23,973)                                            Liverpool…
                                                                                     …that is in the Low
                                                                                      Carbon Economy (based
                         The Low Carbon                                               on Nature of Business
                          Economy (549)                                               analysis)…
                                                                                     …that is a new start…
                                                                                     …or that is a mature
                                                                                      business?


       Under Three Years                                                                           What do
          of Age (22)                            Over Three Years                                 these look
                                                   of Age (527)
                                                                                                     like?



-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
Identifying Potential Low Carbon Economy Companies




                                       Merseyside Actively Trading
                                       Business Locations (72,870)


                                               Liverpool (23,973)


                                                The Low Carbon
                                                 Economy (549)
                                                                                                           RES Sector




-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
The Visitor & Cultural Economy
• Current definition of Tourist Businesses originally established by UNWTO
  on behalf of UN to promote International Tourism and then adapted in a
  UK National Context by English Tourist Board.
• Based on SIC 2007.
• Reasonably accurately reflects the sector.
• Possible bias in favour of Rural Businesses and Tourist Locations.
• Each Local Tourist Board adds local flavour or geographical context to the
  definition of the sector depending on where in the North West they are
  located.
• Does not include Sport Stadiums and Venues and Other Fitness Facilities,
  Sports & Recreation Education and Sports Clubs.
• The Data Set of Businesses has been validated by NWBL Relationship
  Managers for Individual Sub-Regions
• The Analysis has been shared with Local Tourist Boards to Support
  Promotional Campaigns.
Identifying Visitor and Cultural Economy Companies



               Merseyside Actively Trading                                           How do you Identify a…
               Business Locations (72,870)
                                                                                     …company that is in
                        Liverpool (23,973)                                            Liverpool…
                                                                                     …that is in the Visitor
                                                                                      and Cultural Economy
                    The Visitor and Cultural                                          (based on SIC 2007
                       Economy (3,421)                                                analysis based on UN
                                                                                      WTO definition )…
                                                                                     …that is a new start…
                                                                                     …or that is a mature
                                                                                      business?

       Under Three Years
        of Age (1,172)                           Over Three Years                                  What do
                                                  of Age (2,249)                                  these look
                                                                                                     like?


-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
Identifying Visitor and Cultural Economy Companies




                                       Merseyside Actively Trading
                                       Business Locations (72,870)


                                               Liverpool (23,973)


                                                The Visitor and
                                               Cultural Economy
                                                    (3,421)                                              RES Sector




-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
Superport
• The Definition of Liverpool SuperPort integrates air, port, logistics and
  transportation, this definition is very broad and makes analytics
  problematic.
• We have assumed that the following companies will be affected: Maritime
  Core Industries, Fishing and Fish Farms, Building & Repairing of Ships,
  Pleasure & Sporting Boards, Sea, Coastal & Inland Water Transport,
  Renting of Water Transport Equipment, Other Supporting Water
  Transport Activities using SIC 2003.
• We have also looked other associated industries particularly in
  Manufacturing of Iron & Steel Parts, Bearings, Gearing & Driving
  Elements, Instruments & Appliances for Measuring, Metal Structures and
  Parts of Metal Structures, Cooling & Vent Equipment, Steam Generators,
  Machine Products, Pumps & Compressors, Steel Drums & Containers,
  Steel Tubes, Taps & Valves, Wire Products, Freight Transport and Cargo
  Handling.
• This is based on definitions employed by Pion Economics and MDS
  Transmodal on behalf of the Mersey Partnership.
Identifying Superport Economy Companies



               Merseyside Actively Trading                                           How do you Identify a…
               Business Locations (72,870)
                                                                                     …company that is in
                        Liverpool (23,973)                                            Liverpool…
                                                                                     …that is in the
                                                                                      Superport Economy
                    The Superport Economy                                             (based on SIC 2003
                            (589)                                                     definition )…
                                                                                     …that is a new start…
                                                                                     …or that is a mature
                                                                                      business?


       Under Three Years
         of Age (208)                            Over Three Years                                  What do
                                                   of Age (381)                                   these look
                                                                                                     like?


-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
Identifying Superport Economy Companies




                                       Merseyside Actively Trading
                                       Business Locations (72,870)


                                               Liverpool (23,973)


                                                 The Superport
                                                 Economy (589)
                                                                                                           RES Sector




-This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
The size of the prize – economic impact
                                        Knowledge Economy                      Low Carbon
Number of Locations:                                            964                            549
Average Headcount:                                                8                             17
Average Turnover:                                         500000                            500000
Current Headcount:                                             7,901                          9,118
Current Turnover:                                    482,000,000                        274,500,000
3 Year Headcount Growth Estimate:   33% - based on 10% per annum       33% - based on 10% per annum
3 Year Turnover Growth Estimate:    33% - based on 10% per annum       33% - based on 10% per annum
New Jobs:                                                      2,607                          3,009
New Turnover:                                        159,060,000                         90,585,000



                                        Visitor and Cultural                    Superport
Number of Locations:                                           3421                            589
Average Headcount:                                                9                              8
Average Turnover:                                         350000                            350000
Current Headcount:                                        29,885                              4,881
Current Turnover:                                  1,197,350,000                        206,150,000
3 Year Headcount Growth Estimate:   33% - based on 10% per annum       33% - based on 10% per annum
3 Year Turnover Growth Estimate:    33% - based on 10% per annum       33% - based on 10% per annum
New Jobs:                                                      9,862                          1,611
New Turnover:                                        395,125,500                         68,029,500
Measuring Impact Over Time
                 Sample of 5 companies Commercial Delphi risk score over last 6 months

120
                                                                                                                                                     Commercial Delphi
100
                                                                                                                                                       Score Trends

 80                                                                                                                                                       Britplas Ltd (Int
                                                                                                                                                          Assisted)

 60                                                                                                                                                       Stanley Securities
                                                                                                                                                          CCTV Ltd (Int
                                                                                                                                                          Assisted)
 40
                                                                                                                                                          Arena Plastics
                                                                                                                                                          Limited
 20
                                                                                                                                                          Distant Horizons UK
                                                                                                                                                          Ltd
 0
                                                                                                                                                          ServiceAir UK
                 15/03/09


                            29/03/09




                                                  26/04/09




                                                                                                         05/07/09




                                                                                                                                          16/08/09
      01/03/09




                                       12/04/09




                                                             10/05/09


                                                                        24/05/09


                                                                                   07/06/09


                                                                                              21/06/09




                                                                                                                    19/07/09


                                                                                                                               02/08/09
-20

                                                                        Date
Benchmarking Against Sector
                 Performance
Commercial Delphi Risk – Sample of Companies Intensively Assisted Compared to the Merseyside and Greater
                             Manchester Average (Last 12 Calendar Months)
How can we work together to
   ensure that we combine
 BLNW’s intelligence with the
  experience we have in the
           region?

Tmp Strategic Platforms Presentation

  • 1.
    The Business Performance Index Using Data to Provide an Evidence Base for Liverpool City Region’s Transformational Sectors
  • 2.
    The Low Carbon Economy Liverpool City The Knowledge Region: Economy Transformationa l Sectors Liverpool City Superport Region’s- Transformational Sectors
  • 3.
    Liverpool City Region’sTransformational Sectors: Analytical Rationale •Aim: Aligning BLNW Business Support Interventions more closely to Liverpool City Region’s Four Transformational Sectors will require better definition •Review of current interactions and nature of Business Engagement (Support Packages Accessed) within the Transformational Sectors is important when determining current and future Business Support resource requirements • Create a holistic overview of Cross-Agency Business Support Activity to ensure effective Intervention Planning and Maximise the Impact of Service Delivery •Better Understanding of “Rapid High Growth Companies”(Gazelles) is critical. •The analysis aims to demonstrate the size and potential for each transformational sector. •Sector definitions in this presentation formulated by Business Link Northwest and will need broader ratification.
  • 4.
    The Knowledge EconomySector Definition • National Statistics which use UK Standard Industrial Classifications (SIC) do not accurately reflect the structure of the Creative Industries. • Current DCMS definition of creative industries is inaccurate. • Identification of creative industries within official classifications from ONS surveys do not include businesses that are not registered or small businesses whose turnover is below the VAT threshold. • Created problems when identifying and marketing to Digital & Creative Sector Businesses. • Some Knowledge Economy Businesses are so New that they do not have SIC Codes • We used Yell Codes positions businesses more accurately from a Marketing and Advertising perspective • The Yell Codes BLNW used to define the Digital & Creative Sector were selected by Digital and Creative Sector Managers and Advisers • All D&C Marketing & Contact Activity at BLNW exclusively uses Yell Codes • YELL is the only Classification System sufficiently granular enough to identify Digital & Creative Sector Businesses • BLNW Segmentation Methodology has been adopted by NWDA to redefine Digital & Creative Sector to deliver future Digital & Creative Sector Strategy
  • 5.
    Identifying Potential KnowledgeEconomy Companies Merseyside Actively Trading How do you Identify a… Business Locations (72,870)  …company that is in Liverpool (23,973) Liverpool…  …that is in the Knowledge Economy (based on Yell The Knowledge code analysis)… Economy (964)  …that is a new start…  …or that is a mature business? What do Under Three Years Over Three Years these look of Age (493) of Age (471) like? -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
  • 6.
    Identifying Potential KnowledgeEconomy Companies Merseyside Actively Trading Business Locations (72,870) Liverpool (23,973) The Knowledge Economy (964) RES Sector -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
  • 7.
    The Low CarbonEconomy Sector Definition • National Statistics which use UK Standard Industrial Classifications (SIC) do not accurately reflect the structure of the Energy and Environmental Technology (EETS) Sector. • Current BIS definitions of EETS is too broad and insufficiently specialist in nature. • Identification of EETS Businesses using definitions created by Innovas on behalf of BERR difficult to interpret and are applied inconsistently across sector. • Created problems for Business Link when it came to identifying and marketing to EETS Businesses. • Some EETS Businesses are so New that they do not have SIC Codes to describe them. Interestingly, only Environmental Consultants recognised in SIC 2007. • We used Nature of Business Descriptions - written by the Businesses themselves detailing the Business key activity and Environmental focus. • We profiled the Envirolink Database and identified commonly occurring Key Words and Phrases and then Applied these across the Universe of Businesses in the BLNW Data Warehouse. • The Data Set of Businesses was validated by the BLNW Energy and Environmental Sector Team • The list of Businesses created has generated high levels of response rates from large scale Telemarketing Activity • BLNW Segmentation Methodology adopted by the NWDA to redefine the EET Sector • Envirolink are in the process of sharing BLNW EET Sector Data which has been recognised as the most comprehensive in the UK
  • 8.
    Identifying Potential LowCarbon Economy Companies Merseyside Actively Trading How do you Identify a… Business Locations (72,870)  …company that is in Liverpool (23,973) Liverpool…  …that is in the Low Carbon Economy (based The Low Carbon on Nature of Business Economy (549) analysis)…  …that is a new start…  …or that is a mature business? Under Three Years What do of Age (22) Over Three Years these look of Age (527) like? -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
  • 9.
    Identifying Potential LowCarbon Economy Companies Merseyside Actively Trading Business Locations (72,870) Liverpool (23,973) The Low Carbon Economy (549) RES Sector -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
  • 10.
    The Visitor &Cultural Economy • Current definition of Tourist Businesses originally established by UNWTO on behalf of UN to promote International Tourism and then adapted in a UK National Context by English Tourist Board. • Based on SIC 2007. • Reasonably accurately reflects the sector. • Possible bias in favour of Rural Businesses and Tourist Locations. • Each Local Tourist Board adds local flavour or geographical context to the definition of the sector depending on where in the North West they are located. • Does not include Sport Stadiums and Venues and Other Fitness Facilities, Sports & Recreation Education and Sports Clubs. • The Data Set of Businesses has been validated by NWBL Relationship Managers for Individual Sub-Regions • The Analysis has been shared with Local Tourist Boards to Support Promotional Campaigns.
  • 11.
    Identifying Visitor andCultural Economy Companies Merseyside Actively Trading How do you Identify a… Business Locations (72,870)  …company that is in Liverpool (23,973) Liverpool…  …that is in the Visitor and Cultural Economy The Visitor and Cultural (based on SIC 2007 Economy (3,421) analysis based on UN WTO definition )…  …that is a new start…  …or that is a mature business? Under Three Years of Age (1,172) Over Three Years What do of Age (2,249) these look like? -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
  • 12.
    Identifying Visitor andCultural Economy Companies Merseyside Actively Trading Business Locations (72,870) Liverpool (23,973) The Visitor and Cultural Economy (3,421) RES Sector -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
  • 13.
    Superport • The Definitionof Liverpool SuperPort integrates air, port, logistics and transportation, this definition is very broad and makes analytics problematic. • We have assumed that the following companies will be affected: Maritime Core Industries, Fishing and Fish Farms, Building & Repairing of Ships, Pleasure & Sporting Boards, Sea, Coastal & Inland Water Transport, Renting of Water Transport Equipment, Other Supporting Water Transport Activities using SIC 2003. • We have also looked other associated industries particularly in Manufacturing of Iron & Steel Parts, Bearings, Gearing & Driving Elements, Instruments & Appliances for Measuring, Metal Structures and Parts of Metal Structures, Cooling & Vent Equipment, Steam Generators, Machine Products, Pumps & Compressors, Steel Drums & Containers, Steel Tubes, Taps & Valves, Wire Products, Freight Transport and Cargo Handling. • This is based on definitions employed by Pion Economics and MDS Transmodal on behalf of the Mersey Partnership.
  • 14.
    Identifying Superport EconomyCompanies Merseyside Actively Trading How do you Identify a… Business Locations (72,870)  …company that is in Liverpool (23,973) Liverpool…  …that is in the Superport Economy The Superport Economy (based on SIC 2003 (589) definition )…  …that is a new start…  …or that is a mature business? Under Three Years of Age (208) Over Three Years What do of Age (381) these look like? -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West
  • 15.
    Identifying Superport EconomyCompanies Merseyside Actively Trading Business Locations (72,870) Liverpool (23,973) The Superport Economy (589) RES Sector -This information is based on data provided by Experian. The data has been subject to further analysis by Business Link North West.
  • 16.
    The size ofthe prize – economic impact Knowledge Economy Low Carbon Number of Locations: 964 549 Average Headcount: 8 17 Average Turnover: 500000 500000 Current Headcount: 7,901 9,118 Current Turnover: 482,000,000 274,500,000 3 Year Headcount Growth Estimate: 33% - based on 10% per annum 33% - based on 10% per annum 3 Year Turnover Growth Estimate: 33% - based on 10% per annum 33% - based on 10% per annum New Jobs: 2,607 3,009 New Turnover: 159,060,000 90,585,000 Visitor and Cultural Superport Number of Locations: 3421 589 Average Headcount: 9 8 Average Turnover: 350000 350000 Current Headcount: 29,885 4,881 Current Turnover: 1,197,350,000 206,150,000 3 Year Headcount Growth Estimate: 33% - based on 10% per annum 33% - based on 10% per annum 3 Year Turnover Growth Estimate: 33% - based on 10% per annum 33% - based on 10% per annum New Jobs: 9,862 1,611 New Turnover: 395,125,500 68,029,500
  • 17.
    Measuring Impact OverTime Sample of 5 companies Commercial Delphi risk score over last 6 months 120 Commercial Delphi 100 Score Trends 80 Britplas Ltd (Int Assisted) 60 Stanley Securities CCTV Ltd (Int Assisted) 40 Arena Plastics Limited 20 Distant Horizons UK Ltd 0 ServiceAir UK 15/03/09 29/03/09 26/04/09 05/07/09 16/08/09 01/03/09 12/04/09 10/05/09 24/05/09 07/06/09 21/06/09 19/07/09 02/08/09 -20 Date
  • 18.
    Benchmarking Against Sector Performance Commercial Delphi Risk – Sample of Companies Intensively Assisted Compared to the Merseyside and Greater Manchester Average (Last 12 Calendar Months)
  • 19.
    How can wework together to ensure that we combine BLNW’s intelligence with the experience we have in the region?