Loughborough, Leicestershire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Loughborough 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 (2010)

    A total of 455 companies were formed in Loughborough in 2010. This total is 9.9% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearLoughboroughUK
    2010455400,358
    2009505362,675
    2008445349,203
    2007554457,649
    2006602405,440
    Record Year2003 (735)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 241 companies were formed in Loughborough. This figure is 2.8% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Loughborough occurred in 2003 when a total of 343 were formed.

    Half Year (Jul-Dec)LoughboroughUK
    2010241196,609
    2009248180,654
    % change-2.8%8.8%
    Record Year2003 (343)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 126 companies were registered in Loughborough during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 15.6% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)LoughboroughUK
    201012695,117
    200910985,983
    % change15.6%10.6%
    Record Year 2002 (176) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010504531
    New companies in 2009293545
    % change72.4%28.6%-31.1%
    Record Year2002 (66)2002 (62)2003 (49)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 442 companies were dissolved in Loughborough in 2010. This total is 41.5% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearLoughboroughUK
    2010442342,232
    2009756533,773
    2008297237,901
    2007372220,295
    2006314200,166
    Record Year2009 (756)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 214 companies were dissolved in Loughborough. This figure is 41.4% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Loughborough occurred in 2009 when a total of 365 were closed.

    Half Year (Jul-Dec)LoughboroughUK
    2010214164,601
    2009365244,537
    % change-41.4%-32.7%
    Record Year2009 (365)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 104 companies were dissolved in Loughborough during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 29.3% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)LoughboroughUK
    201010476,896
    200914785,136
    % change-29.3%-9.7%
    Record Year 2009 (147) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Loughborough when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010284927
    Closed companies in 2009603651
    % change-53.3%36.1%-47%
    Record Year2009 (60)2010 (49)2009 (51)

Net Company Growth

  1. Annual Data (2010)

    A total of 13 companies were added to the company register for Loughborough in 2010. This number represents growth of 2.6% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 264 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Loughborough company register grew by 492 companies.

    YearLoughboroughUK
    20101358,126
    2009-251-171,098
    2008148111,302
    2007182237,354
    2006288205,274
    Record Year2003 (492)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Loughborough increased by 27 companies.

    Half Year (Jul-Dec)LoughboroughUK
    20102732,008
    2009-117-63,883
    Record Year2002 (240)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Loughborough during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 22 companies.

    fourth quarter (Oct 2010 - Dec 2010)LoughboroughUK
    20102218,221
    2009-38847
    Record Year 2002 (115) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201022-44
    Net growth in 2009-31-1-6
    Record Year2002 (46)2002 (42)2003 (34)

UK Company Share

  1. Annual Data (2010)

    In 2010 Loughborough formed 0.1% of all UK companies. This is no change on 2009 when Loughborough was responsible for 0.1% of all UK companies.

    YearLoughborough
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960)1968 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Loughborough formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jul-Dec)Loughborough
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1974 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Loughborough formed 0.1% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Loughborough
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    20060.1%
    Record Year (since 1960) 1968 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.1%0.1%0.1%
    UK formation share in 20090.1%0.1%0.2%
    % change51.1%14.9%-34.5%
    Record Year1968 (0.4%)1962 (0.5%)1974 (0.5%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.5.

    The percentage of directors under the age of 25 was 2.0% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.2.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.5.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Loughborough was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Loughborough in 2010 was 30.8%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Loughborough was 1860 when 42.9% of all directors were female.

    31.3% of all director appointments in Loughborough in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Loughborough was in 1977 when 31.1% of all directors were female.

    31.9% of all director appointments in Loughborough in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.54%CONSULTING5.06%
    J1.33%MANAGEMENT5.01%
    MANAGEMENT1.21%CONSULTANCY3.14%
    ASSOCIATES0.85%PROPERTY2.36%
    M0.72%TRADING2.11%
    LOUGHBOROUGH0.72%ASSOCIATES1.95%
    CONSULTANCY0.72%DESIGN1.92%
    ENTERPRISES0.60%BUSINESS1.82%
    BUSINESS0.60%CONSTRUCTION1.82%
    PLANNING0.60%CONSULTANTS1.76%
    MIDLANDS0.60%MEDIA1.71%
    DESIGN0.48%ENGINEERING1.62%
    RECRUITMENT0.48%LONDON1.60%
    PERFORMANCE0.48%CARE1.45%
    CONSULTANTS0.48%INVESTMENTS1.44%
    (LOUGHBOROUGH)0.48%GLOBAL1.43%
    ENGINEERING0.48%J1.42%
    TRANSPORT0.48%IT1.41%
    RESEARCH0.48%PROPERTIES1.34%
    (MIDLANDS)0.48%INTERNATIONAL1.34%
    PRINT0.48%BUILDING1.34%
    NORTH0.48%M1.30%
    TRAINING0.48%ELECTRICAL1.25%
    CHARNWOOD0.48%SYSTEMS1.24%
    D0.48%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied212199,572
    7487 - Other business activities4463,348
    99999 - Dormant Company3016,285
    7414 - Business & management consultancy2913,474
    70229 - Management consultancy activities other than financial management2814,505
    9999 - Dormant Company2620,144
    82990 - Other business support service activities not elsewhere classified2127,550
    69102 - Solicitors18815
    74909 - Other professional, scientific and technical activities not elsewhere classified177,088
    62020 - Information technology consultancy activities169,177
    62090 - Other information technology service activities166,330
    96090 - Other service activities not elsewhere classified158,799
    7260 - Other computer related activities108,089
    5530 - Restaurants104,939
    7499 - Non-trading company912,000
    9305 - Other service activities88,858
    69201 - Accounting and auditing activities83,088
    86900 - Other human health activities73,700
    43390 - Other building completion and finishing72,522
    68310 - Real estate agencies71,706

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07423709 PLATINUMZONE LIMITED 29 Oct 2010
    07421402 WINJOINERY LIMITED 27 Oct 2010
    07421210 SPORTSTECHLAB LTD 27 Oct 2010
    07419570 OPERATION LED LTD 26 Oct 2010
    07419374 N A SALSBURY LTD 26 Oct 2010
    07413972 STEP UP AND BE COACHING LIMITED 20 Oct 2010
    07413044 LESLIE WATER SERVICES LIMITED 20 Oct 2010
    07410807 MY CANVAS LIMITED 18 Oct 2010
    07407615 THOMAS FOSTER CONSULTANTS LIMITED 14 Oct 2010
    07405929 YOUR JOBS IN LTD 13 Oct 2010
    07405225 DIRTY MOUSE ARCHITECTS LTD 12 Oct 2010
    07404908 ST ANDREWS HOUSE CONSULTING LIMITED 12 Oct 2010
    07402866 PHORMULAR LIMITED 11 Oct 2010
    07395789 MOTTURA LOCKS UK LIMITED 04 Oct 2010
    07422963 URBAN QUARTER HAIR SALON LIMITED 29 Oct 2010
    07421309 INSPIRED & MORE LTD 27 Oct 2010
    07420741 BREAKWATER CONSULTING LTD 27 Oct 2010
    07417394 C4 BUSINESS LTD 25 Oct 2010
    07408655 WOLFF MASTERY LTD 15 Oct 2010
    07405753 WESTCOTE ASSOCIATES LIMITED 13 Oct 2010
    07404094 BEBOOTED LIMITED 12 Oct 2010
    07401813 THE STAG AND PHEASANT (MOUNTSORREL) LIMITED 08 Oct 2010
    07396991 SCOOSTER LTD 05 Oct 2010
    07396699 VFM BUSINESS SOLUTIONS LIMITED 05 Oct 2010
    07396143 DRAPER MANUFACTURING LIMITED 04 Oct 2010