Bury St Edmunds, Suffolk
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Bury St Edmunds when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous Q4.
- October 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous October.
- The second half of 2014 saw a new record in company closures in Bury St Edmunds when compared to any previous second half year.
- December 2014 saw a new record in company closures in Bury St Edmunds when compared to any previous December.
- October 2014 saw a new record in net growth in Bury St Edmunds when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Bury St Edmunds when compared to any year in history.
A total of 560 companies were formed in Bury St Edmunds in 2014. This total is 1.3% higher than in 2013 and compares poorly to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Bury St Edmunds UK 2014 560 582,051 2013 553 529,363 2012 530 491,893 2011 497 452,870 2010 406 400,358 Record Year 2014 (560) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous second half year.
In the second half of 2014 a total of 253 companies were formed in Bury St Edmunds. This figure is 3.7% higher than last year, which compares badly to the UK wide figure of 8.2%.
The highest total for a second half year in Bury St Edmunds occurred in 2014 when a total of 253 were formed.
Half Year (Jul-Dec) Bury St Edmunds UK 2014 253 281,320 2013 244 259,931 % change 3.7% 8.2% Record Year 2014 (253) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous Q4.
A total of 130 companies were registered in Bury St Edmunds during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 10.2% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bury St Edmunds UK 2014 130 137,906 2013 118 127,247 % change 10.2% 8.4% Record Year 2014 (130) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in company registrations in Bury St Edmunds when compared to any previous October.
New Companies by Month
October November December New companies in 2014 58 38 34 New companies in 2013 48 31 39 % change 20.8% 22.6% -12.8% Record Year 2014 (58) 2011 (50) 2003 (46)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 345 companies were dissolved in Bury St Edmunds in 2014. This total is 5.8% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Bury St Edmunds UK 2014 345 367,937 2013 326 332,213 2012 266 293,729 2011 289 314,524 2010 340 342,233 Record Year 2009 (405) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Bury St Edmunds when compared to any previous second half year.
In the second half of 2014 a total of 187 companies were dissolved in Bury St Edmunds. This figure is 10.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Bury St Edmunds occurred in 2014 when a total of 187 were closed.
Half Year (Jul-Dec) Bury St Edmunds UK 2014 187 190,730 2013 170 177,021 % change 10.0% 7.7% Record Year 2014 (187) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 80 companies were dissolved in Bury St Edmunds during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 9.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Bury St Edmunds UK 2014 80 89,060 2013 73 90,851 % change 9.6% -2.0% Record Year 2012 (84) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Bury St Edmunds when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 20 26 34 Closed companies in 2013 31 19 23 % change -35.5% 36.8% 48% Record Year 2012 (32) 2012 (34) 2014 (34)
Net Company Growth
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Annual Data (2014)
A total of 215 companies were added to the company register for Bury St Edmunds in 2014. This number represents growth of 38.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 12 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Bury St Edmunds company register grew by 264 companies.
Year Bury St Edmunds UK 2014 215 214,114 2013 227 197,150 2012 264 198,164 2011 208 138,346 2010 66 58,125 Record Year 2012 (264) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Bury St Edmunds increased by 66 companies.
Half Year (Jul-Dec) Bury St Edmunds UK 2014 66 90,590 2013 74 82,910 Record Year 2003 (157) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Bury St Edmunds during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 50 companies.
fourth quarter (Oct 2014 - Dec 2014) Bury St Edmunds UK 2014 50 48,846 2013 45 36,396 Record Year 2014 (50) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Bury St Edmunds when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 38 12 0 Net growth in 2013 17 12 16 Record Year 2014 (38) 2002 (34) 2003 (30)
UK Company Share
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Annual Data (2014)
In 2014 Bury St Edmunds formed 0.1% of all UK companies. This is no change on 2013 when Bury St Edmunds was responsible for 0.1% of all UK companies.
Year Bury St Edmunds 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Bury St Edmunds formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Bury St Edmunds 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Bury St Edmunds formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Bury St Edmunds 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1991 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.1% 0.1% UK formation share in 2013 0.1% 0.1% 0.1% % change 15.0% 16.4% -25.4% Record Year 1972 (0.5%) 2002 (0.2%) 1991 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 45.9.
The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.4% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 45.9.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 44.7.
The percentage of directors under the age of 25 was 5.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Bury St Edmunds was 1972 when 100.0% of all directors were female.
The percentage of female directors in Bury St Edmunds in 2014 was 28.6%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Bury St Edmunds was 2007 when 33.8% of all directors were female.
29.8% of all director appointments in Bury St Edmunds in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Bury St Edmunds was in 2009 when 34.0% of all directors were female.
25.1% of all director appointments in Bury St Edmunds in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.50% CONSULTING 5.22% SUFFOLK 1.30% MANAGEMENT 4.58% DEVELOPMENTS 1.20% CONSULTANCY 3.57% CONSULTANCY 0.90% PROPERTY 2.66% ELECTRICAL 0.80% CONSTRUCTION 2.12% J 0.80% ENGINEERING 2.10% R 0.80% CARE 2.02% BURY 0.80% TRADING 1.94% PROPERTY 0.80% LONDON 1.93% ST 0.70% TRANSPORT 1.93% ASSOCIATES 0.60% DESIGN 1.66% ENGINEERING 0.60% CONSULTANTS 1.64% D 0.60% ELECTRICAL 1.62% SONS 0.60% PROPERTIES 1.62% TRAINING 0.60% BUSINESS 1.56% HOLDINGS 0.50% J 1.54% ENERGY 0.50% CO., 1.50% H 0.50% GLOBAL 1.49% M 0.50% INVESTMENTS 1.48% MANAGEMENT 0.50% ASSOCIATES 1.47% CARE 0.50% DEVELOPMENTS 1.35% PROJECTS 0.50% MEDIA 1.33% EDMUNDS 0.50% IT 1.31% SPECIALIST 0.40% BUILDING 1.29% TILLER 0.40% M 1.22%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 213 265,608 70229 - Management consultancy activities other than financial management 57 42,290 99999 - Dormant Company 51 48,509 82990 - Other business support service activities not elsewhere classified 32 58,068 96090 - Other service activities not elsewhere classified 30 29,009 62020 - Information technology consultancy activities 27 30,178 41100 - Development of building projects 22 11,397 74909 - Other professional, scientific and technical activities not elsewhere classified 20 19,049 68209 - Other letting and operating of own or leased real estate 17 11,212 68310 - Real estate agencies 14 3,719 43210 - Electrical installation 13 5,985 74990 - Non-trading company 12 13,984 41202 - Construction of domestic buildings 12 7,559 70100 - Activities of head offices 12 4,204 62090 - Other information technology service activities 11 12,837 43999 - Other specialised construction activities not elsewhere classified 11 8,761 45200 - Maintenance and repair of motor vehicles 10 5,425 86900 - Other human health activities 10 12,976 61900 - Other telecommunications activities 9 2,749 43220 - Plumbing, heat and air-conditioning installation 9 5,189
Recent Companies
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Randomly selected companies from this quarter
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