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

  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. 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)IpswichUK
    2010552203,749
    2009476182,021
    % change16.0%11.9%
    Record Year2003 (563)2007 (279,097)
    New Companies by Half Year
  2. 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)IpswichUK
    201025298,612
    200923190,987
    % change9.1%8.4%
    Record Year 2003 (284) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010938277
    New companies in 2009727386
    % change29.2%12.3%-10.5%
    Record Year2003 (102)2000 (118)2003 (89)

Closed Companies (dissolved)

  1. 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)IpswichUK
    2010393177,631
    2009549289,236
    % change-28.4%-38.6%
    Record Year2009 (549)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)IpswichUK
    201019994,954
    2009326181,176
    % change-39.0%-47.6%
    Record Year 2009 (326) 2009 (181,176)
    Dissolved Companies by Quarter
  3. 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
    AprilMayJune
    Closed companies in 2010377092
    Closed companies in 20098815286
    % change-58.0%-53.9%7%
    Record Year2009 (88)2009 (152)2010 (92)

Net Company Growth

  1. 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)IpswichUK
    201015926,118
    2009-73-107,215
    Record Year2003 (333)2007 (171,296)
    Net Growth by Half Year
  2. 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)IpswichUK
    2010533,658
    2009-95-90,189
    Record Year 2003 (180) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 20105612-15
    Net growth in 2009-16-790
    Record Year2003 (63)2000 (109)2002 (61)

UK Company Share

  1. 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
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1975 (0.5%)
    Company Share by Half Year
  2. 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
    20100.3%
    20090.3%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1972 (0.5%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.3%0.3%0.2%
    UK formation share in 20090.2%0.3%0.3%
    % change18.8%7.1%-19.4%
    Record Year1964 (0.5%)1975 (0.6%)1965 (1.0%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.84%MANAGEMENT5.01%
    SUFFOLK1.14%CONSULTING4.79%
    ANGLIA0.83%CONSULTANCY3.02%
    CONSULTANCY0.83%PROPERTY2.40%
    CONSTRUCTION0.70%ASSOCIATES2.02%
    EAST0.70%TRADING2.01%
    J0.70%DESIGN1.91%
    PROPERTIES0.70%CONSTRUCTION1.85%
    CONSULTING0.70%MEDIA1.80%
    ANGLIA)0.64%BUSINESS1.75%
    C0.64%CONSULTANTS1.71%
    HOUSE0.64%INTERNATIONAL1.59%
    PROPERTY0.64%ENGINEERING1.56%
    (EAST0.64%LONDON1.52%
    D0.64%INVESTMENTS1.49%
    (IPSWICH)0.64%J1.46%
    IPSWICH0.57%CARE1.41%
    M0.57%GLOBAL1.39%
    DEVELOPMENTS0.57%PROPERTIES1.35%
    R0.57%BUILDING1.33%
    DESIGN0.57%M1.29%
    HEALTH0.51%IT1.28%
    S0.51%ELECTRICAL1.27%
    MAINTENANCE0.51%GROUP1.25%
    TRANSPORT0.51%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied346207,125
    7487 - Other business activities12368,525
    82990 - Other business support service activities not elsewhere classified7325,942
    99999 - Dormant Company5214,342
    9999 - Dormant Company4619,842
    7499 - Non-trading company3813,997
    7414 - Business & management consultancy3314,598
    70229 - Management consultancy activities other than financial management3113,490
    62020 - Information technology consultancy activities298,590
    4521 - General construction & civil engineering298,262
    62090 - Other information technology service activities285,854
    7222 - Other software consultancy and supply258,285
    7260 - Other computer related activities239,122
    96090 - Other service activities not elsewhere classified207,922
    5530 - Restaurants164,879
    74909 - Other professional, scientific and technical activities not elsewhere classified166,684
    9305 - Other service activities158,822
    43220 - Plumbing, heat and air-conditioning installation152,068
    6024 - Freight transport by road152,960
    41100 - Development of building projects143,945

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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