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
New Company Registrations
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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.
Year Loughborough UK 2010 455 400,358 2009 505 362,675 2008 445 349,203 2007 554 457,649 2006 602 405,440 Record Year 2003 (735) 2007 (457,649) New Companies by Year
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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) Loughborough UK 2010 241 196,609 2009 248 180,654 % change -2.8% 8.8% Record Year 2003 (343) 2003 (201,446) New Companies by Half Year
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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) Loughborough UK 2010 126 95,117 2009 109 85,983 % change 15.6% 10.6% Record Year 2002 (176) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 50 45 31 New companies in 2009 29 35 45 % change 72.4% 28.6% -31.1% Record Year 2002 (66) 2002 (62) 2003 (49)
Closed Companies (dissolved)
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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.
Year Loughborough UK 2010 442 342,232 2009 756 533,773 2008 297 237,901 2007 372 220,295 2006 314 200,166 Record Year 2009 (756) 2009 (533,773) Dissolved Companies by Year
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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) Loughborough UK 2010 214 164,601 2009 365 244,537 % change -41.4% -32.7% Record Year 2009 (365) 2009 (244,537) Dissolved Companies by Half Year
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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) Loughborough UK 2010 104 76,896 2009 147 85,136 % change -29.3% -9.7% Record Year 2009 (147) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 28 49 27 Closed companies in 2009 60 36 51 % change -53.3% 36.1% -47% Record Year 2009 (60) 2010 (49) 2009 (51)
Net Company Growth
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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.
Year Loughborough UK 2010 13 58,126 2009 -251 -171,098 2008 148 111,302 2007 182 237,354 2006 288 205,274 Record Year 2003 (492) 2003 (242,543) Net Growth by Year
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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) Loughborough UK 2010 27 32,008 2009 -117 -63,883 Record Year 2002 (240) 2003 (117,772) Net Growth by Half Year
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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) Loughborough UK 2010 22 18,221 2009 -38 847 Record Year 2002 (115) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 22 -4 4 Net growth in 2009 -31 -1 -6 Record Year 2002 (46) 2002 (42) 2003 (34)
UK Company Share
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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.
Year Loughborough 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.3%) Company Share by Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1974 (0.3%) Company Share by Half Year
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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 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% 2006 0.1% Record Year (since 1960) 1968 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.1% 0.1% 0.1% UK formation share in 2009 0.1% 0.1% 0.2% % change 51.1% 14.9% -34.5% Record Year 1968 (0.4%) 1962 (0.5%) 1974 (0.5%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.54% CONSULTING 5.06% J 1.33% MANAGEMENT 5.01% MANAGEMENT 1.21% CONSULTANCY 3.14% ASSOCIATES 0.85% PROPERTY 2.36% M 0.72% TRADING 2.11% LOUGHBOROUGH 0.72% ASSOCIATES 1.95% CONSULTANCY 0.72% DESIGN 1.92% ENTERPRISES 0.60% BUSINESS 1.82% BUSINESS 0.60% CONSTRUCTION 1.82% PLANNING 0.60% CONSULTANTS 1.76% MIDLANDS 0.60% MEDIA 1.71% DESIGN 0.48% ENGINEERING 1.62% RECRUITMENT 0.48% LONDON 1.60% PERFORMANCE 0.48% CARE 1.45% CONSULTANTS 0.48% INVESTMENTS 1.44% (LOUGHBOROUGH) 0.48% GLOBAL 1.43% ENGINEERING 0.48% J 1.42% TRANSPORT 0.48% IT 1.41% RESEARCH 0.48% PROPERTIES 1.34% (MIDLANDS) 0.48% INTERNATIONAL 1.34% PRINT 0.48% BUILDING 1.34% NORTH 0.48% M 1.30% TRAINING 0.48% ELECTRICAL 1.25% CHARNWOOD 0.48% SYSTEMS 1.24% D 0.48% S 1.23%
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 212 199,572 7487 - Other business activities 44 63,348 99999 - Dormant Company 30 16,285 7414 - Business & management consultancy 29 13,474 70229 - Management consultancy activities other than financial management 28 14,505 9999 - Dormant Company 26 20,144 82990 - Other business support service activities not elsewhere classified 21 27,550 69102 - Solicitors 18 815 74909 - Other professional, scientific and technical activities not elsewhere classified 17 7,088 62020 - Information technology consultancy activities 16 9,177 62090 - Other information technology service activities 16 6,330 96090 - Other service activities not elsewhere classified 15 8,799 7260 - Other computer related activities 10 8,089 5530 - Restaurants 10 4,939 7499 - Non-trading company 9 12,000 9305 - Other service activities 8 8,858 69201 - Accounting and auditing activities 8 3,088 86900 - Other human health activities 7 3,700 43390 - Other building completion and finishing 7 2,522 68310 - Real estate agencies 7 1,706
Recent Companies
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Randomly selected companies from this quarter
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