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
New Company Registrations
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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) Ipswich UK 2010 300 105,137 2009 245 91,034 % change 22.4% 15.5% Record Year 2007 (303) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2010 69 110 121 New companies in 2009 74 63 108 % change -6.8% 74.6% 12.0% Record Year 2003 (94) 2010 (110) 2007 (147)
Closed Companies (dissolved)
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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) Ipswich UK 2010 194 82,677 2009 223 108,060 % change -13.0% -23.5% Record Year 2009 (223) 2009 (108,060) Dissolved Companies by Quarter
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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
January February March Closed companies in 2010 58 45 91 Closed companies in 2009 54 42 127 % change 7.4% 7.1% -28% Record Year 2010 (58) 2008 (56) 2009 (127)
Net Company Growth
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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) Ipswich UK 2010 106 22,460 2009 22 -17,026 Record Year 2007 (175) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2010 11 65 30 Net growth in 2009 20 21 -19 Record Year 2005 (50) 2010 (65) 2007 (112)
UK Company Share
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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 2010 0.3% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1971 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.2% 0.3% 0.3% UK formation share in 2009 0.3% 0.2% 0.3% % change -13.5% 49.5% -6.9% Record Year 1970 (0.8%) 1975 (0.9%) 1971 (0.8%)
Director Age
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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
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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
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.69% MANAGEMENT 5.01% SUFFOLK 1.17% CONSULTING 4.60% CONSULTING 1.04% CONSULTANCY 2.87% C 0.97% PROPERTY 2.50% CONSULTANCY 0.91% ASSOCIATES 2.04% PROPERTY 0.84% TRADING 1.93% TRANSPORT 0.78% DESIGN 1.91% (IPSWICH) 0.78% CONSTRUCTION 1.87% HEATING 0.71% MEDIA 1.84% IPSWICH 0.71% BUSINESS 1.74% D 0.71% INTERNATIONAL 1.73% (EAST 0.71% CONSULTANTS 1.63% ANGLIA) 0.71% ENGINEERING 1.54% EAST 0.65% J 1.48% PLUMBING 0.65% LONDON 1.45% TRADING 0.58% INVESTMENTS 1.45% ASSOCIATES 0.58% GROUP 1.37% ANGLIA 0.58% GLOBAL 1.35% MAINTENANCE 0.52% PROPERTIES 1.35% R 0.52% BUILDING 1.34% MPW 0.52% CARE 1.33% J 0.52% ELECTRICAL 1.30% M 0.52% M 1.28% ANGLIAN 0.52% SYSTEMS 1.25% PROPERTIES 0.52% S 1.23%
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 379 228,645 7487 - Other business activities 120 74,904 82990 - Other business support service activities not elsewhere classified 66 26,974 99999 - Dormant Company 52 13,808 9999 - Dormant Company 43 19,948 7499 - Non-trading company 42 15,398 7414 - Business & management consultancy 41 17,003 62020 - Information technology consultancy activities 40 9,943 70229 - Management consultancy activities other than financial management 38 14,007 7222 - Other software consultancy and supply 37 9,659 4521 - General construction & civil engineering 29 9,325 62090 - Other information technology service activities 27 6,340 7260 - Other computer related activities 23 10,331 96090 - Other service activities not elsewhere classified 22 8,154 5530 - Restaurants 18 4,798 41100 - Development of building projects 18 4,513 74909 - Other professional, scientific and technical activities not elsewhere classified 17 7,143 9305 - Other service activities 16 9,038 43220 - Plumbing, heat and air-conditioning installation 15 2,179 41202 - Construction of domestic buildings 14 2,224
Recent Companies
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Randomly selected companies from this quarter
reports
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