Ipswich, Suffolk
Q1 2014 Business Confidence Report
Headlines
- Q1 2014 saw a new record in company registrations in Ipswich when compared to any previous Q1.
- Q1 2014 was a record quarter for company registrations in Ipswich when compared to any quarter in history.
- February 2014 saw a new record in company registrations in Ipswich when compared to any previous February.
- January 2014 saw a new record in company registrations in Ipswich when compared to any previous January.
- February 2014 saw a new record in company closures in Ipswich when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2014)
Q1 2014 saw a new record in company registrations in Ipswich when compared to any previous Q1.
Q1 2014 was a record quarter for company registrations in Ipswich when compared to any quarter in history.
A total of 347 companies were registered in Ipswich during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is an increase of 24.8% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Ipswich UK 2014 347 150,722 2013 278 134,802 % change 24.8% 11.8% Record Year 2014 (347) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company registrations in Ipswich when compared to any previous February.
January 2014 saw a new record in company registrations in Ipswich when compared to any previous January.
New Companies by Month
January February March New companies in 2014 112 117 118 New companies in 2013 87 104 87 % change 28.7% 12.5% 35.6% Record Year 2014 (112) 2014 (117) 2007 (147)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2014)
A total of 193 companies were dissolved in Ipswich during the first quarter of 2014 (Jan 2014 - Mar 2014).
This figure is a decrease of 7.7% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.
first quarter (Jan 2014 - Mar 2014) Ipswich UK 2014 193 82,370 2013 209 77,914 % change -7.7% 5.7% Record Year 2009 (223) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
February 2014 saw a new record in company closures in Ipswich when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2014 64 64 65 Closed companies in 2013 96 60 53 % change -33.3% 6.7% 23% Record Year 2013 (96) 2014 (64) 2009 (127)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2014)
Net company growth for Ipswich during the first quarter of 2014 (Jan 2014 - Mar 2014) was 154 companies.
first quarter (Jan 2014 - Mar 2014) Ipswich UK 2014 154 68,352 2013 69 56,888 Record Year 2012 (181) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 48 53 53 Net growth in 2013 -9 44 34 Record Year 2005 (50) 2010 (64) 2007 (112)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2014)
In the first quarter of 2014, Ipswich formed 0.2% of all UK companies.
first quarter (Jan 2014 - Mar 2014) Ipswich 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.3% 2010 0.3% Record Year (since 1960) 1995 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change 20.4% 3.9% 13.2% Record Year 1976 (0.5%) 1999 (0.4%) 1998 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2014)
The average age of a director in the first quarter of 2014 was 44.9.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2014)
The record first quarter for female directors in Ipswich was in 2008 when 34.3% of all directors were female.
27.3% of all director appointments in Ipswich in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage SUFFOLK 1.74% CONSULTING 5.22% MANAGEMENT 1.27% MANAGEMENT 4.67% CONSULTING 1.00% CONSULTANCY 3.49% IPSWICH 1.00% PROPERTY 2.64% CONSULTANCY 0.95% TRADING 2.05% PROPERTY 0.84% LONDON 1.88% (IPSWICH) 0.79% ENGINEERING 1.86% ASSOCIATES 0.74% CARE 1.79% IT 0.69% CONSTRUCTION 1.75% J 0.63% DESIGN 1.75% TRADING 0.58% CONSULTANTS 1.73% ENGINEERING 0.58% BUSINESS 1.71% ELECTRICAL 0.58% PROPERTIES 1.60% TRAINING 0.58% INVESTMENTS 1.60% ANGLIA 0.58% GLOBAL 1.58% S 0.47% J 1.48% GLOBAL 0.47% ASSOCIATES 1.48% CONSULTANTS 0.47% MEDIA 1.48% PROPERTIES 0.47% IT 1.33% PLUMBING 0.47% TRANSPORT 1.30% M 0.47% DEVELOPMENTS 1.29% HOUSE 0.47% BUILDING 1.24% CATERING 0.47% M 1.21% TRANSPORT 0.42% CAPITAL 1.20% EAST 0.42% ELECTRICAL 1.19%
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 550 280,210 82990 - Other business support service activities not elsewhere classified 150 56,411 99999 - Dormant Company 112 47,084 62020 - Information technology consultancy activities 74 27,750 70229 - Management consultancy activities other than financial management 66 37,882 74909 - Other professional, scientific and technical activities not elsewhere classified 51 18,491 56103 - Take-away food shops and mobile food stands 41 7,300 96090 - Other service activities not elsewhere classified 40 26,700 74990 - Non-trading company 37 14,135 62090 - Other information technology service activities 32 12,813 49410 - Freight transport by road 32 8,014 43220 - Plumbing, heat and air-conditioning installation 30 4,866 96020 - Hairdressing and other beauty treatment 30 6,236 62012 - Business and domestic software development 28 9,509 41100 - Development of building projects 26 9,855 86900 - Other human health activities 26 10,273 43210 - Electrical installation 25 5,885 45200 - Maintenance and repair of motor vehicles 22 5,130 78109 - Other activities of employment placement agencies 22 3,840 43999 - Other specialised construction activities not elsewhere classified 22 8,155
Recent Companies
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Randomly selected companies from this quarter
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