Bury St Edmunds, Suffolk

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous February.
  • February 2014 was a record month for company registrations in Bury St Edmunds when compared to any month in history.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 162 companies were registered in Bury St Edmunds during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 9.5% versus the same period last year (Q1 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Bury St EdmundsUK
    2014162150,722
    2013179134,802
    % change-9.5%11.8%
    Record Year 2013 (179) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous February.

    February 2014 was a record month for company registrations in Bury St Edmunds when compared to any month in history.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014446751
    New companies in 2013546164
    % change-18.5%9.8%-20.3%
    Record Year2012 (57)2014 (67)2013 (64)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 61 companies were dissolved in Bury St Edmunds during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 21.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Bury St EdmundsUK
    20146182,370
    20137877,914
    % change-21.8%5.7%
    Record Year 2009 (99) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014202318
    Closed companies in 2013302919
    % change-33.3%-20.7%-5%
    Record Year2010 (33)2011 (35)2009 (53)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Bury St Edmunds during the first quarter of 2014 (Jan 2014 - Mar 2014) was 101 companies.

    first quarter (Jan 2014 - Mar 2014)Bury St EdmundsUK
    201410168,352
    201310156,888
    Record Year 2012 (116) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014244433
    Net growth in 2013243245
    Record Year2012 (42)2012 (46)2013 (45)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Bury St Edmunds formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Bury St Edmunds
    20140.1%
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    Record Year (since 1960) 1993 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.1%
    UK formation share in 20130.1%0.1%0.1%
    % change-23.8%1.5%-33.5%
    Record Year1988 (0.2%)1982 (0.3%)1993 (0.2%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 45.6.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Bury St Edmunds was in 2005 when 35.8% of all directors were female.

    28.9% of all director appointments in Bury St Edmunds in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT1.00%CONSULTING5.22%
    PROPERTY0.80%MANAGEMENT4.67%
    CONSULTING0.80%CONSULTANCY3.49%
    ST0.60%PROPERTY2.64%
    CENTRE0.60%TRADING2.05%
    CONTROL0.60%LONDON1.88%
    R0.60%ENGINEERING1.86%
    TRAINING0.60%CARE1.79%
    DEVELOPMENTS0.60%CONSTRUCTION1.75%
    SUFFOLK0.60%DESIGN1.75%
    PROJECTS0.50%CONSULTANTS1.73%
    ENGINEERING0.50%BUSINESS1.71%
    CONSULTANCY0.50%PROPERTIES1.60%
    CARPENTRY0.40%INVESTMENTS1.60%
    P0.40%GLOBAL1.58%
    NEW0.40%J1.48%
    GREEN0.40%ASSOCIATES1.48%
    CIC0.40%MEDIA1.48%
    CAR0.40%IT1.33%
    RECRUITMENT0.40%TRANSPORT1.30%
    L0.40%DEVELOPMENTS1.29%
    BURY0.40%BUILDING1.24%
    PEST0.40%M1.21%
    (HOLDINGS)0.40%CAPITAL1.20%
    BUSINESS0.30%ELECTRICAL1.19%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied246280,210
    99999 - Dormant Company5947,084
    70229 - Management consultancy activities other than financial management5937,882
    82990 - Other business support service activities not elsewhere classified3856,411
    62020 - Information technology consultancy activities2727,750
    41100 - Development of building projects229,855
    96090 - Other service activities not elsewhere classified2126,700
    74909 - Other professional, scientific and technical activities not elsewhere classified1818,491
    68209 - Other letting and operating of own or leased real estate169,284
    86900 - Other human health activities1610,273
    43210 - Electrical installation145,885
    69102 - Solicitors142,555
    68310 - Real estate agencies133,447
    68320 - Management of real estate on a fee or contract basis135,419
    74990 - Non-trading company1214,135
    62090 - Other information technology service activities1112,813
    41202 - Construction of domestic buildings116,559
    47910 - Retail sale via mail order houses or via Internet109,358
    70100 - Activities of head offices104,019
    43999 - Other specialised construction activities not elsewhere classified108,155

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08875486 NICOLA GRIMWOOD LIMITED 04 Feb 2014
    08885816 MOTOR TRADE BM COVER LIMITED 11 Feb 2014
    08897810 999 PEST CONTROL LIMITED 17 Feb 2014
    08904866 INSPIRED DYNAMICS LIMITED 20 Feb 2014
    08873371 J.U.K. CATERING LTD 03 Feb 2014
    08873066 CHARLOTTE SUFFOLK LIMITED 03 Feb 2014
    08873532 LUKE SCOTT STUNTS LTD 03 Feb 2014
    08873975 J IRVING LIMITED 03 Feb 2014
    08888393 CYGNUS ATRATUS ESCO DEVELOPMENTS LIMITED 12 Feb 2014
    08888542 CYGNUS ATRATUS FINANCIAL DEVELOPMENTS LIMITED 12 Feb 2014
    08898796 SUFFOLK CAD SERVICES (IPSWICH) LIMITED 17 Feb 2014
    08902385 WEDGEWOOD JOINERY LIMITED 19 Feb 2014
    08903845 TIME OUT COFFEE LTD 20 Feb 2014
    08907348 GOLDERS LIMITED 24 Feb 2014
    08913189 IAN SHELLEY JOINERY LIMITED 26 Feb 2014
    08876470 TOP BUN LIMITED 04 Feb 2014
    08901366 TECHTECH-IT LIMITED 19 Feb 2014
    08905539 121 CHAUFFEUR LTD 20 Feb 2014
    08875340 ZAOMENGSHE LIMITED 04 Feb 2014
    08878327 GREENWOOD MABBETT LTD 05 Feb 2014
    08888379 MIDDIE ACCOUNTANCY LIMITED 12 Feb 2014
    08892469 BURY ST EDMUNDS ISLAMIC CULTURAL ORGANISATION 13 Feb 2014
    08899377 MASTERLORD TRADING LIMITED 18 Feb 2014
    08900956 MAGIC MEDICS LIMITED 18 Feb 2014
    08909267 BIMG LIMITED 24 Feb 2014