Business succession index · 🇬🇧 United Kingdom · South West
Machining and precision engineering in South West: business succession
Machining and precision engineering in South West: of 276 active companies, 40.2% have a youngest owner aged 60 or over (United Kingdom: 39%). That ranks 3 of 6 regions for this trade.
Machining and precision engineering across United Kingdom
| Region | Companies | Owner 60+ | % |
|---|---|---|---|
| West Midlands | 533 | 223 | 48.2% |
| South East | 432 | 157 | 40.3% |
| South West | 276 | 100 | 40.2% |
| Yorkshire and The Humber | 344 | 121 | 39% |
| North West | 361 | 122 | 38.9% |
| East of England | 342 | 109 | 35.2% |
Methodology
Share of ACTIVE, non-dormant companies that filed accounts within three years and whose YOUNGEST person with significant control is aged 60 or over. Percentages are of companies where an owner age is on file, not of all companies. Regions are assigned from the registered-office postcode area, which is not always where a company trades; areas that cross a regional border count towards the region most of them lies in.
A trade is a group of official industry classes (NACE); a company counts under the class it registered. Only region and trade combinations with at least 250 companies are published. Source: Companies House free company data + PSC snapshot (snapshot 2026-09-01), licensed under OGL v3.0.
Aggregates only — no individual company is ever shown publicly with a succession indicator.