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

  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 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)IpswichUK
    2014347150,722
    2013278134,802
    % change24.8%11.8%
    Record Year 2014 (347) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2014112117118
    New companies in 20138710487
    % change28.7%12.5%35.6%
    Record Year2014 (112)2014 (117)2007 (147)

Closed Companies (dissolved)

  1. 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)IpswichUK
    201419382,370
    201320977,914
    % change-7.7%5.7%
    Record Year 2009 (223) 2009 (108,066)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2014646465
    Closed companies in 2013966053
    % change-33.3%6.7%23%
    Record Year2013 (96)2014 (64)2009 (127)

Net Company Growth

  1. 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)IpswichUK
    201415468,352
    20136956,888
    Record Year 2012 (181) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014485353
    Net growth in 2013-94434
    Record Year2005 (50)2010 (64)2007 (112)

UK Company Share

  1. 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
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 1995 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change20.4%3.9%13.2%
    Record Year1976 (0.5%)1999 (0.4%)1998 (0.4%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    SUFFOLK1.74%CONSULTING5.22%
    MANAGEMENT1.27%MANAGEMENT4.67%
    CONSULTING1.00%CONSULTANCY3.49%
    IPSWICH1.00%PROPERTY2.64%
    CONSULTANCY0.95%TRADING2.05%
    PROPERTY0.84%LONDON1.88%
    (IPSWICH)0.79%ENGINEERING1.86%
    ASSOCIATES0.74%CARE1.79%
    IT0.69%CONSTRUCTION1.75%
    J0.63%DESIGN1.75%
    TRADING0.58%CONSULTANTS1.73%
    ENGINEERING0.58%BUSINESS1.71%
    ELECTRICAL0.58%PROPERTIES1.60%
    TRAINING0.58%INVESTMENTS1.60%
    ANGLIA0.58%GLOBAL1.58%
    S0.47%J1.48%
    GLOBAL0.47%ASSOCIATES1.48%
    CONSULTANTS0.47%MEDIA1.48%
    PROPERTIES0.47%IT1.33%
    PLUMBING0.47%TRANSPORT1.30%
    M0.47%DEVELOPMENTS1.29%
    HOUSE0.47%BUILDING1.24%
    CATERING0.47%M1.21%
    TRANSPORT0.42%CAPITAL1.20%
    EAST0.42%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied550280,210
    82990 - Other business support service activities not elsewhere classified15056,411
    99999 - Dormant Company11247,084
    62020 - Information technology consultancy activities7427,750
    70229 - Management consultancy activities other than financial management6637,882
    74909 - Other professional, scientific and technical activities not elsewhere classified5118,491
    56103 - Take-away food shops and mobile food stands417,300
    96090 - Other service activities not elsewhere classified4026,700
    74990 - Non-trading company3714,135
    62090 - Other information technology service activities3212,813
    49410 - Freight transport by road328,014
    43220 - Plumbing, heat and air-conditioning installation304,866
    96020 - Hairdressing and other beauty treatment306,236
    62012 - Business and domestic software development289,509
    41100 - Development of building projects269,855
    86900 - Other human health activities2610,273
    43210 - Electrical installation255,885
    45200 - Maintenance and repair of motor vehicles225,130
    78109 - Other activities of employment placement agencies223,840
    43999 - Other specialised construction activities not elsewhere classified228,155

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08920648 STEAMBOAT TAVERN LTD 04 Mar 2014
    08927510 MOBILE HUT LIMITED 07 Mar 2014
    08936717 INNOVATION MARTLESHAM LIMITED 13 Mar 2014
    08956892 COBAGO LIMITED 25 Mar 2014
    08958818 SEAN MILBOURNE PERSONAL TRAINING LTD 25 Mar 2014
    08961270 ELECTRO IT LTD 26 Mar 2014
    08964913 D & J H HOMES LIMITED 28 Mar 2014
    08920829 CROWN DINE LTD 04 Mar 2014
    08931866 KJL SPORTS LIMITED 10 Mar 2014
    08948090 KDCM LIMITED 19 Mar 2014
    08929059 KSL CATERING LTD 07 Mar 2014
    08936606 M K CHENG LIMITED 13 Mar 2014
    08944874 CRANECRAZY LTD 18 Mar 2014
    08954551 COZY BARS LIMITED 24 Mar 2014
    08955523 I AM INVESTMENT & ASSET MANAGEMENT LIMITED 24 Mar 2014
    08962901 FELICITY CARING HEART LTD 27 Mar 2014
    08921378 DENIZ FASTFOOD LIMITED 04 Mar 2014
    08922269 ALYARMOUK LIMITED 04 Mar 2014
    08929083 ROYSTON HOUSE RTM COMPANY LIMITED 07 Mar 2014
    08941933 A.M.E. PRO ACTIVE MEDICAL LTD 17 Mar 2014
    08931851 M AND W IPSWICH LTD 10 Mar 2014
    08951475 DKL SOLUTIONS LIMITED 21 Mar 2014
    08919783 MEXIVAN LIMITED 03 Mar 2014
    08941335 ANCHOR INDUSTRIAL SAFETY LTD 17 Mar 2014
    08952025 ABS (SUFFOLK) LIMITED 21 Mar 2014