The Zombie Economy

THE ZOMBIE ECONOMY British businesses are shrugging off their "zombie" label by solving the critical financial problems that have plagued them since 2007. As the economy plunged, reports suggested a huge number of small businesses were being supported by low cost loans and did not have long term recovery plans. But, the struggle seems to be over as small businesses fight back and reclaim their future profitability. THE NUMBER OF 3,001 BUSINESSES 2012 2013 COMPANIES CLASSIFIED AS ARE DEALING WITH THIS COMBINATION OF LOW COST LOAN AND UNCERTAIN "ZOMBIES" HAS FALLEN BY GROWTH NOw, COMPARED TO 39% 4,947 THIS TIME LAST YEAR BUSINESS BIRTH AND DEATH RATES 2000-2012 300 - BIRTHS 250 - DEATHS 200 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 COMPANY LIQUIDATIONS 2000-2012 20000 15000 10000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 THE NUMBER OF BUSINESSES EXPERIENCING FINANCIAL PROBLEMS HAS ALSO SEEN A DECLINE. THERE ARE NOW 176,677 BUSINESSES IN THIS CATEGORY, COMPARED TO 216,396 IN 2012 THE RISE AND FALL OF ZOMBIE COMPANIES BY SECTOR PROFESSIONAL SERVICES CONSTRUCTION LEISURE RETAIL HOTELS UTILITIES 59% 48% 38% 27% 13% 167% SOURCES: BROUGHT TO YOU BY: PRODUCED BY: http://www.johnashcroft.co.uk/wp- content/uploads/2012/06/Zombie-companies-myth-or-reality -September-2012.pdf http://www.redflagalert.com/news/13-07- 15/UK_recovery_accelerates_with_39_decrease_in_Critical distress.aspx smarta ATTWOOD DIGITAE Smarta.com AttwoodDigital.com