Ipswich, Suffolk

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company registrations in Ipswich when compared to any previous February.
  • January 2010 saw a new record in company closures in Ipswich when compared to any previous January.
  • February 2010 saw a new record in net growth in Ipswich when compared to any previous February.

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 2010)

    A total of 300 companies were registered in Ipswich during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 22.4% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)IpswichUK
    2010300105,137
    200924591,034
    % change22.4%15.5%
    Record Year 2007 (303) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company registrations in Ipswich when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 201069110121
    New companies in 20097463108
    % change-6.8%74.6%12.0%
    Record Year2003 (94)2010 (110)2007 (147)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 194 companies were dissolved in Ipswich during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 13.0% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)IpswichUK
    201019482,677
    2009223108,060
    % change-13.0%-23.5%
    Record Year 2009 (223) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    January 2010 saw a new record in company closures in Ipswich when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2010584591
    Closed companies in 20095442127
    % change7.4%7.1%-28%
    Record Year2010 (58)2008 (56)2009 (127)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Ipswich during the first quarter of 2010 (Jan 2010 - Mar 2010) was 106 companies.

    first quarter (Jan 2010 - Mar 2010)IpswichUK
    201010622,460
    200922-17,026
    Record Year 2007 (175) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in net growth in Ipswich when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010116530
    Net growth in 20092021-19
    Record Year2005 (50)2010 (65)2007 (112)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Ipswich formed 0.3% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Ipswich
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1971 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.2%0.3%0.3%
    UK formation share in 20090.3%0.2%0.3%
    % change-13.5%49.5%-6.9%
    Record Year1970 (0.8%)1975 (0.9%)1971 (0.8%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 45.7.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Ipswich was in 1861 when 40.0% of all directors were female.

    23.6% of all director appointments in Ipswich in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.69%MANAGEMENT5.01%
    SUFFOLK1.17%CONSULTING4.60%
    CONSULTING1.04%CONSULTANCY2.87%
    C0.97%PROPERTY2.50%
    CONSULTANCY0.91%ASSOCIATES2.04%
    PROPERTY0.84%TRADING1.93%
    TRANSPORT0.78%DESIGN1.91%
    (IPSWICH)0.78%CONSTRUCTION1.87%
    HEATING0.71%MEDIA1.84%
    IPSWICH0.71%BUSINESS1.74%
    D0.71%INTERNATIONAL1.73%
    (EAST0.71%CONSULTANTS1.63%
    ANGLIA)0.71%ENGINEERING1.54%
    EAST0.65%J1.48%
    PLUMBING0.65%LONDON1.45%
    TRADING0.58%INVESTMENTS1.45%
    ASSOCIATES0.58%GROUP1.37%
    ANGLIA0.58%GLOBAL1.35%
    MAINTENANCE0.52%PROPERTIES1.35%
    R0.52%BUILDING1.34%
    MPW0.52%CARE1.33%
    J0.52%ELECTRICAL1.30%
    M0.52%M1.28%
    ANGLIAN0.52%SYSTEMS1.25%
    PROPERTIES0.52%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied379228,645
    7487 - Other business activities12074,904
    82990 - Other business support service activities not elsewhere classified6626,974
    99999 - Dormant Company5213,808
    9999 - Dormant Company4319,948
    7499 - Non-trading company4215,398
    7414 - Business & management consultancy4117,003
    62020 - Information technology consultancy activities409,943
    70229 - Management consultancy activities other than financial management3814,007
    7222 - Other software consultancy and supply379,659
    4521 - General construction & civil engineering299,325
    62090 - Other information technology service activities276,340
    7260 - Other computer related activities2310,331
    96090 - Other service activities not elsewhere classified228,154
    5530 - Restaurants184,798
    41100 - Development of building projects184,513
    74909 - Other professional, scientific and technical activities not elsewhere classified177,143
    9305 - Other service activities169,038
    43220 - Plumbing, heat and air-conditioning installation152,179
    41202 - Construction of domestic buildings142,224

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07140791 AUCTION HOUSE (N & NS) LTD 29 Jan 2010
    07120494 CONTINUITY E-BUSINESS MANAGEMENT LTD 08 Jan 2010
    07119477 AD ON A BUMPER LTD 07 Jan 2010
    07118479 BELLA FOODS (IPSWICH) LTD 07 Jan 2010
    07118142 GROVE SERVICES (EA) LTD 07 Jan 2010
    07137899 TALITHA KOUM COMMUNITY LTD 27 Jan 2010
    07132527 ENTOURAGE MUSIC & PUBLISHING LTD 21 Jan 2010
    07119175 THE EAST ANGLIAN MINI CENTRE LIMITED 07 Jan 2010
    07118848 SWANFORD LIMITED 07 Jan 2010
    07125880 GREAT FAITH RECORDS LIMITED 14 Jan 2010
    07120476 INDIAN OCEAN (BRAMFORD) LIMITED 08 Jan 2010
    07132072 BLAKE MAYHEW LIMITED 21 Jan 2010
    07119845 ACCRINI INTERNATIONAL LTD 08 Jan 2010
    07118026 N & M BUILDING SERVICES LTD 06 Jan 2010
    07136499 LONDON & ESSEX AUTO ELECTRICS LTD 26 Jan 2010
    07126954 COMPUTER LOGICX LIMITED 15 Jan 2010
    07121321 DENYER ENTERPRISES LTD 11 Jan 2010
    07134297 11 THIRD AVENUE FRINTON LTD 25 Jan 2010
    07130480 GARETH WRIGHT LIMITED 20 Jan 2010
    07127488 GET A COUPLE OF QUOTES LTD 16 Jan 2010
    07125137 WOODBRIDGE FINE ART LIMITED 14 Jan 2010
    07122590 J M R SUFFOLK LIMITED 12 Jan 2010
    07116080 A.W. SMITH & SONS (FARMS) LIMITED 05 Jan 2010
    07129681 CRAWFORD FH LIMITED 19 Jan 2010
    07121935 DTW CATERING LTD 11 Jan 2010