We have now published the results of our sixth QCA/BDO Small and Mid-Cap Sentiment Index, which shows that, while small and mid-caps may be gearing up to grow, companies are actually finding it more difficult to raise capital.
While we continued to track key components of business sentiment this quarter, we also asked you for your views on corporate bonds. Some highlights from the results include:
- 33% of small and mid-cap quoted companies are pessimistic about prospects for the UK economy over the next 12 months.
- 72% of small and mid-cap quoted companies are optimistic about their own business prospects.
- 76% of companies and 85% of advisors either do not believe there is sufficient information to evaluate effectively the market for corporate bonds, or are unsure about the availability of information.
- 41% of small and mid-cap companies would prefer to raise capital through public equity if the need arose in the next 12 months.
- 38% of small and mid-cap businesses would be interested in issuing a corporate bond as an alternative source of finance where as 57% of advisors would recommend them to their clients.
You can find out more by downloading the full report.
Thank you to those that participated. We welcome your feedback on any aspects of the survey, the report, or relevant issues affecting the sector – please email Maria Gomes.
Our next QCA/BDO Small and Mid-Cap Sentiment Index will take place in April. So please help us make the voice of the small and mid-cap quoted company sector heard and participate next time too.