Ipswich, Suffolk
2010 Half Year Business Confidence Report
Headlines
- June 2010 saw a new record in company closures in Ipswich when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 552 companies were formed in Ipswich. This figure is 16.0% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Ipswich occurred in 2003 when a total of 563 were formed.
Half Year (Jan-Jun) Ipswich UK 2010 552 203,749 2009 476 182,021 % change 16.0% 11.9% Record Year 2003 (563) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 252 companies were registered in Ipswich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 9.1% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Ipswich UK 2010 252 98,612 2009 231 90,987 % change 9.1% 8.4% Record Year 2003 (284) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 93 82 77 New companies in 2009 72 73 86 % change 29.2% 12.3% -10.5% Record Year 2003 (102) 2000 (118) 2003 (89)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 393 companies were dissolved in Ipswich. This figure is 28.4% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Ipswich occurred in 2009 when a total of 549 were closed.
Half Year (Jan-Jun) Ipswich UK 2010 393 177,631 2009 549 289,236 % change -28.4% -38.6% Record Year 2009 (549) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 199 companies were dissolved in Ipswich during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 39.0% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Ipswich UK 2010 199 94,954 2009 326 181,176 % change -39.0% -47.6% Record Year 2009 (326) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Ipswich when compared to any previous June.
Dissolved Companies by Month
April May June Closed companies in 2010 37 70 92 Closed companies in 2009 88 152 86 % change -58.0% -53.9% 7% Record Year 2009 (88) 2009 (152) 2010 (92)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Ipswich increased by 159 companies.
Half Year (Jan-Jun) Ipswich UK 2010 159 26,118 2009 -73 -107,215 Record Year 2003 (333) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Ipswich during the second quarter of 2010 (Apr 2010 - Jun 2010) was 53 companies.
second quarter (Apr 2010 - Jun 2010) Ipswich UK 2010 53 3,658 2009 -95 -90,189 Record Year 2003 (180) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 56 12 -15 Net growth in 2009 -16 -79 0 Record Year 2003 (63) 2000 (109) 2002 (61)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Ipswich formed 0.3% of all UK companies. This is the same as the 2009 figure of 0.3%.
Half Year (Jan-Jun) Ipswich 2010 0.3% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1975 (0.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Ipswich formed 0.3% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Ipswich 2010 0.3% 2009 0.3% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1972 (0.5%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.3% 0.3% 0.2% UK formation share in 2009 0.2% 0.3% 0.3% % change 18.8% 7.1% -19.4% Record Year 1964 (0.5%) 1975 (0.6%) 1965 (1.0%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 45.9.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.2.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Ipswich was 1861 when 40.0% of all directors were female.
24.7% of all director appointments in Ipswich in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Ipswich was in 1866 when 66.7% of all directors were female.
26.1% of all director appointments in Ipswich in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.84% MANAGEMENT 5.01% SUFFOLK 1.14% CONSULTING 4.79% ANGLIA 0.83% CONSULTANCY 3.02% CONSULTANCY 0.83% PROPERTY 2.40% CONSTRUCTION 0.70% ASSOCIATES 2.02% EAST 0.70% TRADING 2.01% J 0.70% DESIGN 1.91% PROPERTIES 0.70% CONSTRUCTION 1.85% CONSULTING 0.70% MEDIA 1.80% ANGLIA) 0.64% BUSINESS 1.75% C 0.64% CONSULTANTS 1.71% HOUSE 0.64% INTERNATIONAL 1.59% PROPERTY 0.64% ENGINEERING 1.56% (EAST 0.64% LONDON 1.52% D 0.64% INVESTMENTS 1.49% (IPSWICH) 0.64% J 1.46% IPSWICH 0.57% CARE 1.41% M 0.57% GLOBAL 1.39% DEVELOPMENTS 0.57% PROPERTIES 1.35% R 0.57% BUILDING 1.33% DESIGN 0.57% M 1.29% HEALTH 0.51% IT 1.28% S 0.51% ELECTRICAL 1.27% MAINTENANCE 0.51% GROUP 1.25% TRANSPORT 0.51% DEVELOPMENTS 1.25%
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 346 207,125 7487 - Other business activities 123 68,525 82990 - Other business support service activities not elsewhere classified 73 25,942 99999 - Dormant Company 52 14,342 9999 - Dormant Company 46 19,842 7499 - Non-trading company 38 13,997 7414 - Business & management consultancy 33 14,598 70229 - Management consultancy activities other than financial management 31 13,490 62020 - Information technology consultancy activities 29 8,590 4521 - General construction & civil engineering 29 8,262 62090 - Other information technology service activities 28 5,854 7222 - Other software consultancy and supply 25 8,285 7260 - Other computer related activities 23 9,122 96090 - Other service activities not elsewhere classified 20 7,922 5530 - Restaurants 16 4,879 74909 - Other professional, scientific and technical activities not elsewhere classified 16 6,684 9305 - Other service activities 15 8,822 43220 - Plumbing, heat and air-conditioning installation 15 2,068 6024 - Freight transport by road 15 2,960 41100 - Development of building projects 14 3,945
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07265337 FLS WEALTH MANAGEMENT LTD 26 May 2010 07263375 PRETTYS SECRETARIAL SERVICES LIMITED 24 May 2010 07263332 ALB HR SERVICES LTD 24 May 2010 07261039 CAST A SMILE LTD 21 May 2010 07260464 DJB SOCIAL CARE LIMITED 20 May 2010 07258341 CHESTER GARDENER LTD 19 May 2010 07267130 M & N VALETTING LTD 27 May 2010 07256442 UNIQUE PROPERTIES LTD 18 May 2010 07267179 PRO CLEAN VALET LTD 27 May 2010 07263645 GO BRAZIL WINES & SPIRITS ( UK ) LTD 24 May 2010 07262752 SPILLS LIMITED 24 May 2010 07260015 LINKX MEDIA LTD 20 May 2010 07242915 LAURA G RESOURCES LIMITED 04 May 2010 07261786 LGV OPTIMUM LTD 21 May 2010 07260871 BUDS THE FLOWER SHOP LIMITED 21 May 2010 07260160 RICH ACCOUNTS LIMITED 20 May 2010 07257892 SUFFOLK MUSIC THERAPY SERVICES LIMITED 18 May 2010 07241523 IKKFOA LIMITED 04 May 2010 07254233 DEBEN BOILERS LTD 14 May 2010 07252467 FIXIT HEATING LIMITED 13 May 2010 07265289 H J B CONSTRUCTION (EASTERN) LIMITED 26 May 2010 07263925 ACER CONSTRUCTION (EASTERN) LIMITED 25 May 2010 07255596 REGNIER UK LTD 17 May 2010 07254421 PORTMAN TC LIMITED 14 May 2010 07247921 NEEDHAM GYM & FITNESS LTD 10 May 2010
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