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

  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. 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.

    YearIpswichUK
    20141,261582,051
    20131,151529,363
    20121,142491,893
    20111,182452,870
    20101,002400,358
    Record Year2014 (1,261)2014 (582,051)
    New Companies by Year
  2. 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)IpswichUK
    2014607281,320
    2013558259,931
    % change8.8%8.2%
    Record Year2014 (607)2014 (281,320)
    New Companies by Half Year
  3. 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)IpswichUK
    2014285137,906
    2013273127,247
    % change4.4%8.4%
    Record Year 2011 (306) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201410810374
    New companies in 20131168770
    % change-6.9%18.4%5.7%
    Record Year2002 (121)2011 (123)2012 (105)

Closed Companies (dissolved)

  1. 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.

    YearIpswichUK
    2014925367,937
    2013766332,213
    2012686293,729
    2011739314,524
    2010731342,233
    Record Year2009 (996)2009 (533,789)
    Dissolved Companies by Year
  2. 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)IpswichUK
    2014454190,730
    2013366177,021
    % change24.0%7.7%
    Record Year2014 (454)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)IpswichUK
    201420389,060
    201318790,851
    % change8.6%-2.0%
    Record Year 2009 (213) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014568463
    Closed companies in 2013716155
    % change-21.1%37.7%15%
    Record Year2012 (73)2014 (84)2009 (85)

Net Company Growth

  1. 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.

    YearIpswichUK
    2014336214,114
    2013385197,150
    2012456198,164
    2011443138,346
    201027158,125
    Record Year2007 (473)2007 (237,353)
    Net Growth by Year
  2. 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)IpswichUK
    201415390,590
    201319282,910
    Record Year2003 (285)2003 (117,772)
    Net Growth by Half Year
  3. 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)IpswichUK
    20148248,846
    20138636,396
    Record Year 2012 (144) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2014521911
    Net growth in 2013452615
    Record Year2003 (87)2011 (45)2012 (69)

UK Company Share

  1. 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.

    YearIpswich
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.3%
    Record Year (since 1960)1993 (0.3%)
    Company Share by Year
  2. 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
    20140.2%
    20130.2%
    20120.2%
    20110.3%
    20100.2%
    Record Year (since 1960) 1993 (0.4%)
    Company Share by Half Year
  3. 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
    20140.2%
    20130.2%
    20120.3%
    20110.3%
    20100.2%
    Record Year (since 1960) 2000 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.2%0.2%0.2%
    UK formation share in 20130.2%0.2%0.2%
    % change-11.4%12.4%-9.5%
    Record Year2000 (0.6%)1990 (0.4%)1992 (0.4%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.52%CONSULTING5.22%
    IPSWICH1.42%MANAGEMENT4.58%
    SUFFOLK1.16%CONSULTANCY3.57%
    PROPERTY1.05%PROPERTY2.66%
    CONSULTING0.95%CONSTRUCTION2.12%
    CONSULTANCY0.95%ENGINEERING2.10%
    CONSTRUCTION0.84%CARE2.02%
    CARE0.74%TRADING1.94%
    S0.68%LONDON1.93%
    M0.68%TRANSPORT1.93%
    J0.63%DESIGN1.66%
    IT0.63%CONSULTANTS1.64%
    T0.63%ELECTRICAL1.62%
    (IPSWICH)0.58%PROPERTIES1.62%
    LOGISTICS0.58%BUSINESS1.56%
    ROAD0.58%J1.54%
    TRANSPORT0.58%CO.,1.50%
    DESIGN0.58%GLOBAL1.49%
    HOUSE0.58%INVESTMENTS1.48%
    (EAST0.58%ASSOCIATES1.47%
    TRAINING0.53%DEVELOPMENTS1.35%
    ELECTRICAL0.53%MEDIA1.33%
    PROPERTIES0.53%IT1.31%
    DEVELOPMENTS0.53%BUILDING1.29%
    ANGLIA)0.53%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied479265,608
    82990 - Other business support service activities not elsewhere classified12358,068
    99999 - Dormant Company10148,509
    70229 - Management consultancy activities other than financial management8142,290
    62020 - Information technology consultancy activities7930,178
    74909 - Other professional, scientific and technical activities not elsewhere classified4719,049
    49410 - Freight transport by road3710,842
    56103 - Take-away food shops and mobile food stands368,318
    96090 - Other service activities not elsewhere classified3429,009
    86900 - Other human health activities3412,976
    43999 - Other specialised construction activities not elsewhere classified338,761
    41100 - Development of building projects3311,397
    43220 - Plumbing, heat and air-conditioning installation315,189
    62090 - Other information technology service activities3012,837
    74990 - Non-trading company2513,984
    62012 - Business and domestic software development249,752
    78109 - Other activities of employment placement agencies244,182
    96020 - Hairdressing and other beauty treatment236,742
    45200 - Maintenance and repair of motor vehicles235,425
    47910 - Retail sale via mail order houses or via Internet2310,107

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09246912 JIVOX UK LIMITED 02 Oct 2014
    09286272 DBM SERVERS LTD 29 Oct 2014
    09255726 ARCHITEKTON LIMITED 09 Oct 2014
    09288652 RS STANLEY LIMITED 30 Oct 2014
    09250431 GREEN LAKE ELECTRICAL LTD 06 Oct 2014
    09268336 HARDY-KING ESTATE AGENTS LIMITED 17 Oct 2014
    09271814 CHRISTOPHER HARRALL ASSOCIATES LIMITED 20 Oct 2014
    09289288 PROVAN COURT 1970 LIMITED 31 Oct 2014
    09243681 REWIRES DIRECT LTD 01 Oct 2014
    09245714 PRANAV & LAVY LTD 02 Oct 2014
    09270055 2ND 2 NONE LTD 20 Oct 2014
    09282193 VISUALDATA 365 LIMITED 27 Oct 2014
    09282814 THE DYSLEXIA LADY LIMITED 27 Oct 2014
    09286368 STEEPLE TECH LIMITED 29 Oct 2014
    09288672 PATRICE LOVE CONSULTANCY LIMITED 30 Oct 2014
    09244372 ACHIEVERS SUPPLEMENTARY SCHOOL C.I.C. 01 Oct 2014
    09251506 FINELINE RAIL SERVICES LIMITED 07 Oct 2014
    09259364 JENKINSON PROPERTY CONSULTANTS LTD 10 Oct 2014
    09262847 MORGAN STEPHENS LIMITED 14 Oct 2014
    09290950 FOSTERS FINANCIAL LIMITED 31 Oct 2014
    09246129 A & N CONSTRUCTION (UK) LTD 02 Oct 2014
    09264490 TENNIAL PERSONNEL LTD 15 Oct 2014
    09264673 SP & AP JACKSON LIMITED 15 Oct 2014
    09280029 CLARKES DECORATORS LIMITED 24 Oct 2014
    09281614 THE BELL KERSEY LIMITED 27 Oct 2014