Ipswich, Suffolk
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Ipswich when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Ipswich when compared to any previous second half year.
- The second half of 2014 saw a new record in company closures in Ipswich when compared to any previous second half year.
- November 2014 saw a new record in company closures in Ipswich when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Ipswich when compared to any year in history.
A total of 1,261 companies were formed in Ipswich in 2014. This total is 9.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Ipswich UK 2014 1,261 582,051 2013 1,151 529,363 2012 1,142 491,893 2011 1,182 452,870 2010 1,002 400,358 Record Year 2014 (1,261) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Ipswich when compared to any previous second half year.
In the second half of 2014 a total of 607 companies were formed in Ipswich. This figure is 8.8% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Ipswich occurred in 2014 when a total of 607 were formed.
Half Year (Jul-Dec) Ipswich UK 2014 607 281,320 2013 558 259,931 % change 8.8% 8.2% Record Year 2014 (607) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 285 companies were registered in Ipswich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 4.4% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Ipswich UK 2014 285 137,906 2013 273 127,247 % change 4.4% 8.4% Record Year 2011 (306) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 108 103 74 New companies in 2013 116 87 70 % change -6.9% 18.4% 5.7% Record Year 2002 (121) 2011 (123) 2012 (105)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 925 companies were dissolved in Ipswich in 2014. This total is 20.8% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Ipswich UK 2014 925 367,937 2013 766 332,213 2012 686 293,729 2011 739 314,524 2010 731 342,233 Record Year 2009 (996) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Ipswich when compared to any previous second half year.
In the second half of 2014 a total of 454 companies were dissolved in Ipswich. This figure is 24.0% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Ipswich occurred in 2014 when a total of 454 were closed.
Half Year (Jul-Dec) Ipswich UK 2014 454 190,730 2013 366 177,021 % change 24.0% 7.7% Record Year 2014 (454) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 203 companies were dissolved in Ipswich during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 8.6% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Ipswich UK 2014 203 89,060 2013 187 90,851 % change 8.6% -2.0% Record Year 2009 (213) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company closures in Ipswich when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 56 84 63 Closed companies in 2013 71 61 55 % change -21.1% 37.7% 15% Record Year 2012 (73) 2014 (84) 2009 (85)
Net Company Growth
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Annual Data (2014)
A total of 336 companies were added to the company register for Ipswich in 2014. This number represents growth of 26.6% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 49 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Ipswich company register grew by 473 companies.
Year Ipswich UK 2014 336 214,114 2013 385 197,150 2012 456 198,164 2011 443 138,346 2010 271 58,125 Record Year 2007 (473) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Ipswich increased by 153 companies.
Half Year (Jul-Dec) Ipswich UK 2014 153 90,590 2013 192 82,910 Record Year 2003 (285) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Ipswich during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 82 companies.
fourth quarter (Oct 2014 - Dec 2014) Ipswich UK 2014 82 48,846 2013 86 36,396 Record Year 2012 (144) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 52 19 11 Net growth in 2013 45 26 15 Record Year 2003 (87) 2011 (45) 2012 (69)
UK Company Share
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Annual Data (2014)
In 2014 Ipswich formed 0.2% of all UK companies. This is no change on 2013 when Ipswich was responsible for 0.2% of all UK companies.
Year Ipswich 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.3% 2010 0.3% Record Year (since 1960) 1993 (0.3%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Ipswich formed 0.2% of all UK companies. This is the same as the 2013 figure of 0.2%.
Half Year (Jul-Dec) Ipswich 2014 0.2% 2013 0.2% 2012 0.2% 2011 0.3% 2010 0.2% Record Year (since 1960) 1993 (0.4%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Ipswich formed 0.2% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Ipswich 2014 0.2% 2013 0.2% 2012 0.3% 2011 0.3% 2010 0.2% Record Year (since 1960) 2000 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.2% 0.2% 0.2% UK formation share in 2013 0.2% 0.2% 0.2% % change -11.4% 12.4% -9.5% Record Year 2000 (0.6%) 1990 (0.4%) 1992 (0.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.5.
The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Ipswich was 1981 when 100.0% of all directors were female.
The percentage of female directors in Ipswich in 2014 was 27.1%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Ipswich was 2006 when 34.5% of all directors were female.
27.7% of all director appointments in Ipswich in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Ipswich was in 2006 when 36.0% of all directors were female.
30.4% of all director appointments in Ipswich in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.52% CONSULTING 5.22% IPSWICH 1.42% MANAGEMENT 4.58% SUFFOLK 1.16% CONSULTANCY 3.57% PROPERTY 1.05% PROPERTY 2.66% CONSULTING 0.95% CONSTRUCTION 2.12% CONSULTANCY 0.95% ENGINEERING 2.10% CONSTRUCTION 0.84% CARE 2.02% CARE 0.74% TRADING 1.94% S 0.68% LONDON 1.93% M 0.68% TRANSPORT 1.93% J 0.63% DESIGN 1.66% IT 0.63% CONSULTANTS 1.64% T 0.63% ELECTRICAL 1.62% (IPSWICH) 0.58% PROPERTIES 1.62% LOGISTICS 0.58% BUSINESS 1.56% ROAD 0.58% J 1.54% TRANSPORT 0.58% CO., 1.50% DESIGN 0.58% GLOBAL 1.49% HOUSE 0.58% INVESTMENTS 1.48% (EAST 0.58% ASSOCIATES 1.47% TRAINING 0.53% DEVELOPMENTS 1.35% ELECTRICAL 0.53% MEDIA 1.33% PROPERTIES 0.53% IT 1.31% DEVELOPMENTS 0.53% BUILDING 1.29% ANGLIA) 0.53% M 1.22%
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 479 265,608 82990 - Other business support service activities not elsewhere classified 123 58,068 99999 - Dormant Company 101 48,509 70229 - Management consultancy activities other than financial management 81 42,290 62020 - Information technology consultancy activities 79 30,178 74909 - Other professional, scientific and technical activities not elsewhere classified 47 19,049 49410 - Freight transport by road 37 10,842 56103 - Take-away food shops and mobile food stands 36 8,318 96090 - Other service activities not elsewhere classified 34 29,009 86900 - Other human health activities 34 12,976 43999 - Other specialised construction activities not elsewhere classified 33 8,761 41100 - Development of building projects 33 11,397 43220 - Plumbing, heat and air-conditioning installation 31 5,189 62090 - Other information technology service activities 30 12,837 74990 - Non-trading company 25 13,984 62012 - Business and domestic software development 24 9,752 78109 - Other activities of employment placement agencies 24 4,182 96020 - Hairdressing and other beauty treatment 23 6,742 45200 - Maintenance and repair of motor vehicles 23 5,425 47910 - Retail sale via mail order houses or via Internet 23 10,107
Recent Companies
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Randomly selected companies from this quarter
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