Our new report – PULSE – of our triannual QCA/BDO Small and Mid-Cap Sentiment Index is now out. While we continue to track key components of business sentiment this quar, we also asked you for your views on satisfaction with the markets, choosing advisors and investment research. Highlights from the results include:
- Confidence in the UK economy has dropped significantly. 62% of small and mid-cap quoted companies are optimistic about the UK economy over the next 12 months (compared to 84% in July 2014). This score is now back to the July 2013 level.
- Most companies are not planning on moving markets. 66% of AIM companies are not planning to move to the Main Market. However, 20% say that they are planning to move in the future.
- The costs of being a quoted company are high. On average, Main Market companies spend around £360,000 per annum on maintaining their listing. On average, AIM companies spend £220,000 per annum.
- Research on small and mid-cap companies is patchy. 21% of small and mid-cap quoted companies have not had a piece of research written on them by their house broker in the past two years.
- Trust is key when choosing an advisor. 66% of companies say that they look for someone they can work with and trust.
Thank you to those that participated in the survey. We welcome your feedback on any aspects of the survey, the report, or relevant issues affecting the sector – please email us.