Lowestoft, Suffolk
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 149 companies were formed in Lowestoft. This figure is 28.4% higher than last year, which compares well to the UK wide figure of 12.3%.
The highest total for a first half year in Lowestoft occurred in 2003 when a total of 187 were formed.
Half Year (Jan-Jun) Lowestoft UK 2011 149 228,735 2010 116 203,749 % change 28.4% 12.3% Record Year 2003 (187) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 71 companies were registered in Lowestoft during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 24.6% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Lowestoft UK 2011 71 112,344 2010 57 98,612 % change 24.6% 13.9% Record Year 2003 (83) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 25 25 21 New companies in 2010 18 21 18 % change 38.9% 19.0% 16.7% Record Year 2003 (30) 2003 (36) 2002 (25)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 79 companies were dissolved in Lowestoft. This figure is 30.7% lower than last year, which compares well to the UK wide change of -8.6%.
The highest total for a first half year in Lowestoft occurred in 2010 when a total of 114 were closed.
Half Year (Jan-Jun) Lowestoft UK 2011 79 162,310 2010 114 177,631 % change -30.7% -8.6% Record Year 2010 (114) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 36 companies were dissolved in Lowestoft during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 44.6% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Lowestoft UK 2011 36 71,324 2010 65 94,954 % change -44.6% -24.9% Record Year 2009 (71) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 3 14 19 Closed companies in 2010 18 26 21 % change -83.3% -46.2% -10% Record Year 2010 (18) 2009 (37) 2009 (25)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Lowestoft increased by 70 companies.
Half Year (Jan-Jun) Lowestoft UK 2011 70 66,425 2010 2 26,118 Record Year 2003 (122) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Lowestoft during the second quarter of 2011 (Apr 2011 - Jun 2011) was 35 companies.
second quarter (Apr 2011 - Jun 2011) Lowestoft UK 2011 35 41,020 2010 -8 3,658 Record Year 2003 (53) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 22 11 2 Net growth in 2010 0 -5 -3 Record Year 2005 (23) 2003 (26) 2002 (17)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Lowestoft formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.
Half Year (Jan-Jun) Lowestoft 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% Record Year (since 1960) 1963 (0.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Lowestoft formed 0.1% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Lowestoft 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.0% Record Year (since 1960) 1976 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 34.5% -6.2% 3.5% Record Year 1965 (0.4%) 1966 (0.4%) 1963 (0.4%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 45.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 45.6.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Lowestoft was 1861 when 40.0% of all directors were female.
29.5% of all director appointments in Lowestoft in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Lowestoft was in 1866 when 66.7% of all directors were female.
28.4% of all director appointments in Lowestoft in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EAST 1.80% CONSULTING 5.09% ANGLIA 1.20% MANAGEMENT 4.86% PLUMBING 1.20% CONSULTANCY 3.17% J 1.00% PROPERTY 2.43% ENGINEERING 1.00% TRADING 2.05% CONSULTANTS 1.00% DESIGN 1.94% MANAGEMENT 1.00% ASSOCIATES 1.92% R 1.00% BUSINESS 1.87% HEATING 1.00% CONSTRUCTION 1.77% FISH 0.80% CONSULTANTS 1.76% ANGLIA) 0.80% MEDIA 1.73% CONSULTANCY 0.80% ENGINEERING 1.67% ENTERPRISES 0.80% LONDON 1.60% HEALTHCARE 0.80% GLOBAL 1.46% DEVELOPMENTS 0.80% J 1.44% (EAST 0.80% CARE 1.44% BLUE 0.60% INVESTMENTS 1.42% BUSINESS 0.60% IT 1.39% M 0.60% BUILDING 1.32% LEISURE 0.60% PROPERTIES 1.31% WAVENEY 0.60% ELECTRICAL 1.30% MARINE 0.60% M 1.27% (LOWESTOFT) 0.60% S 1.23% BUILDERS 0.60% ENTERPRISES 1.20% CONSULTING 0.60% SYSTEMS 1.20%
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 82 202,072 7487 - Other business activities 36 60,758 82990 - Other business support service activities not elsewhere classified 16 30,647 96090 - Other service activities not elsewhere classified 15 10,322 9305 - Other service activities 11 9,063 9999 - Dormant Company 11 20,111 09100 - Support activities for petroleum and natural gas extraction 11 293 99999 - Dormant Company 10 18,918 1120 - Services to oil and gas extraction 9 251 74909 - Other professional, scientific and technical activities not elsewhere classified 9 7,835 4521 - General construction & civil engineering 7 5,928 43210 - Electrical installation 7 3,085 70229 - Management consultancy activities other than financial management 7 16,419 7260 - Other computer related activities 6 7,849 74990 - Non-trading company 6 8,481 62090 - Other information technology service activities 5 7,095 5540 - Bars 5 2,141 43390 - Other building completion and finishing 4 2,641 7499 - Non-trading company 4 10,955 5530 - Restaurants 4 5,086
Recent Companies
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Randomly selected companies from this quarter
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