Ipswich, Suffolk

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Ipswich when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Ipswich when compared to any half year in history.
  • April 2014 saw a new record in net growth in Ipswich when compared to any previous April.

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 2014)

    The first half of 2014 saw a new record in company registrations in Ipswich when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Ipswich when compared to any half year in history.

    In the first half of 2014 a total of 654 companies were formed in Ipswich. This figure is 10.3% higher than last year, which compares badly to the UK wide figure of 11.6%.

    The highest total for a first half year in Ipswich occurred in 2014 when a total of 654 were formed.

    Half Year (Jan-Jun)IpswichUK
    2014654300,731
    2013593269,432
    % change10.3%11.6%
    Record Year2014 (654)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 307 companies were registered in Ipswich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is a decrease of 2.5% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)IpswichUK
    2014307150,009
    2013315134,630
    % change-2.5%11.4%
    Record Year 2013 (315) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    New Companies by Month
    AprilMayJune
    New companies in 201412010186
    New companies in 20131389186
    % change-13.0%11.0%0.0%
    Record Year2013 (138)2000 (118)2011 (99)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 471 companies were dissolved in Ipswich. This figure is 17.8% higher than last year, which compares badly to the UK wide change of 14.2%.

    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
    2014471177,207
    2013400155,192
    % change17.8%14.2%
    Record Year2009 (549)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 278 companies were dissolved in Ipswich during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 45.5% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)IpswichUK
    201427894,837
    201319177,278
    % change45.5%22.7%
    Record Year 2009 (326) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 20144215185
    Closed companies in 2013616169
    % change-31.1%147.5%23%
    Record Year2009 (88)2009 (152)2010 (92)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Ipswich increased by 183 companies.

    Half Year (Jan-Jun)IpswichUK
    2014183123,524
    2013193114,240
    Record Year2003 (333)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Ipswich during the second quarter of 2014 (Apr 2014 - Jun 2014) was 29 companies.

    second quarter (Apr 2014 - Jun 2014)IpswichUK
    20142955,172
    201312457,352
    Record Year 2007 (138) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    April 2014 saw a new record in net growth in Ipswich when compared to any previous April.

    Net Growth by Month
    AprilMayJune
    Net growth in 201478-501
    Net growth in 2013773017
    Record Year2014 (78)2000 (109)2002 (61)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Ipswich formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.

    Half Year (Jan-Jun)Ipswich
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 2000 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    In the second quarter of 2014, Ipswich formed 0.2% of all UK companies.

    second quarter (Apr 2014 - Jun 2014)Ipswich
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960) 2000 (0.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.3%0.2%0.2%
    % change-21.6%2.4%-13.4%
    Record Year1994 (0.4%)2000 (0.5%)1987 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 44.6.

    The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 44.2.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Ipswich was 2008 when 32.3% of all directors were female.

    26.5% of all director appointments in Ipswich in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Ipswich was in 2008 when 30.2% of all directors were female.

    25.6% of all director appointments in Ipswich in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    SUFFOLK1.66%CONSULTING5.16%
    MANAGEMENT1.28%MANAGEMENT4.64%
    IPSWICH1.12%CONSULTANCY3.50%
    CONSULTING1.02%PROPERTY2.66%
    PROPERTY0.96%TRADING2.03%
    CONSULTANCY0.91%ENGINEERING1.99%
    (IPSWICH)0.69%CONSTRUCTION1.93%
    TRANSPORT0.64%LONDON1.93%
    J0.64%CARE1.85%
    ENGINEERING0.64%DESIGN1.75%
    IT0.59%CONSULTANTS1.73%
    T0.59%BUSINESS1.69%
    M0.59%PROPERTIES1.63%
    GLOBAL0.59%TRANSPORT1.58%
    ASSOCIATES0.53%GLOBAL1.55%
    HOUSE0.53%INVESTMENTS1.55%
    CONSTRUCTION0.53%J1.51%
    ELECTRICAL0.53%ASSOCIATES1.48%
    PROPERTIES0.53%MEDIA1.44%
    CARE0.48%ELECTRICAL1.40%
    TRAINING0.48%IT1.33%
    S0.48%DEVELOPMENTS1.33%
    TRADING0.43%BUILDING1.26%
    INVESTMENTS0.43%M1.24%
    EVENTS0.43%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied488261,557
    82990 - Other business support service activities not elsewhere classified14957,421
    99999 - Dormant Company12348,436
    62020 - Information technology consultancy activities7629,029
    70229 - Management consultancy activities other than financial management7540,250
    74909 - Other professional, scientific and technical activities not elsewhere classified4919,058
    56103 - Take-away food shops and mobile food stands417,840
    49410 - Freight transport by road399,265
    43220 - Plumbing, heat and air-conditioning installation375,075
    96090 - Other service activities not elsewhere classified3628,352
    62090 - Other information technology service activities3513,024
    74990 - Non-trading company3314,351
    96020 - Hairdressing and other beauty treatment306,631
    86900 - Other human health activities2811,292
    43999 - Other specialised construction activities not elsewhere classified278,533
    41100 - Development of building projects2610,527
    78109 - Other activities of employment placement agencies254,076
    45200 - Maintenance and repair of motor vehicles255,375
    62012 - Business and domestic software development249,834
    68209 - Other letting and operating of own or leased real estate2310,133

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09020571 RENIMAR LTD 01 May 2014
    09037418 SCHOFFIELDS LTD 13 May 2014
    09042347 BAGS 2015 LIMITED 15 May 2014
    09042374 ANKA MANAGEMENT SERVICES LTD 15 May 2014
    09042611 MT 53 LIMITED 15 May 2014
    09042682 FOSKERS FROZEN LIMITED 15 May 2014
    09046884 EA ROOFING LIMITED 19 May 2014
    09047177 THE ARCHES (MIDLANDS) LTD 19 May 2014
    09047604 CTS (EAST) LTD 20 May 2014
    09046950 BARTLETT DOUGLAS 0459 LIMITED 19 May 2014
    09036234 AGRI ENGINEERING LTD 13 May 2014
    09037596 BEST TANNING LTD 13 May 2014
    09046332 R SANSUM CARPENTRY LIMITED 19 May 2014
    09019777 QUICK BUY LTD 01 May 2014
    09040251 NEWINUK LTD 14 May 2014
    09059067 PRIOTEK SOLUTIONS LIMITED 28 May 2014
    09064707 SUFFOLK PROPERTY SERVICES LIMITED 30 May 2014
    09045299 GRAHAM HENDRY LIMITED 19 May 2014
    09061807 CROWDTRUSTUK LTD 29 May 2014
    09034401 P & H ASSOCIATES LIMITED 12 May 2014
    09036586 GLANVILLE TRANSPORT SERVICES LIMITED 13 May 2014
    09044226 TRAC ELECTRICAL LTD 16 May 2014
    09064633 MARTELLO R MANAGEMENT COMPANY LIMITED 30 May 2014
    09025954 GILLHAM LIMITED 06 May 2014
    09061501 THE BLOOMING ROSE COMPANY LIMITED 29 May 2014