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Lowestoft, Suffolk

2011 Annual Business Confidence Report

Headlines

  • November 2011 saw a new record in company closures in Lowestoft 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 (2011)

    A total of 267 companies were formed in Lowestoft in 2011. This total is 13.6% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearLowestoftUK
    2011267452,870
    2010235400,358
    2009228362,675
    2008223349,203
    2007238457,649
    Record Year2003 (365)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 118 companies were formed in Lowestoft. This figure is 0.8% lower than last year, which compares badly to the UK wide figure of 14.0%.

    The highest total for a second half year in Lowestoft occurred in 2003 when a total of 178 were formed.

    Half Year (Jul-Dec)LowestoftUK
    2011118224,135
    2010119196,609
    % change-0.8%14.0%
    Record Year2003 (178)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 55 companies were registered in Lowestoft during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 1.8% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)LowestoftUK
    201155109,623
    20105695,117
    % change-1.8%15.3%
    Record Year 2003 (82) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011231814
    New companies in 201093017
    % change155.6%-40.0%-17.6%
    Record Year2003 (36)2010 (30)2009 (19)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 173 companies were dissolved in Lowestoft in 2011. This total is 13.1% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearLowestoftUK
    2011173314,523
    2010199342,232
    2009226533,773
    2008127237,901
    2007124220,295
    Record Year2009 (226)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 94 companies were dissolved in Lowestoft. This figure is 10.6% higher than last year, which compares badly to the UK wide change of -7.5%.

    The highest total for a second half year in Lowestoft occurred in 2009 when a total of 119 were closed.

    Half Year (Jul-Dec)LowestoftUK
    201194152,213
    201085164,601
    % change10.6%-7.5%
    Record Year2009 (119)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 46 companies were dissolved in Lowestoft during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 4.5% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)LowestoftUK
    20114679,983
    20104476,896
    % change4.5%4.0%
    Record Year 2009 (64) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    November 2011 saw a new record in company closures in Lowestoft when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201192215
    Closed companies in 201019214
    % change-52.6%4.8%275%
    Record Year2009 (20)2011 (22)2009 (24)

Net Company Growth

  1. Annual Data (2011)

    A total of 94 companies were added to the company register for Lowestoft in 2011. This number represents growth of 40.0% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 58 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Lowestoft company register grew by 244 companies.

    YearLowestoftUK
    201194138,347
    20103658,126
    20092-171,098
    200896111,302
    2007114237,354
    Record Year2003 (244)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Lowestoft increased by 24 companies.

    Half Year (Jul-Dec)LowestoftUK
    20112471,922
    20103432,008
    Record Year2003 (122)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Lowestoft during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 9 companies.

    fourth quarter (Oct 2011 - Dec 2011)LowestoftUK
    2011929,640
    20101218,221
    Record Year 2003 (60) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201114-4-1
    Net growth in 2010-10913
    Record Year2003 (31)2003 (21)2010 (13)

UK Company Share

  1. Annual Data (2011)

    In 2011 Lowestoft formed 0.1% of all UK companies. This is no change on 2010 when Lowestoft was responsible for 0.1% of all UK companies.

    YearLowestoft
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1966 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Lowestoft formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jul-Dec)Lowestoft
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    In the fourth quarter of 2011, Lowestoft formed 0.1% of all UK companies.

    fourth quarter (Oct 2011 - Dec 2011)Lowestoft
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.0%0.0%
    UK formation share in 20100.0%0.1%0.1%
    % change121.6%-48.9%-27.0%
    Record Year1964 (0.4%)1965 (0.4%)1967 (0.6%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 46.1.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 4.4% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 46.5.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 47.3.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 8.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

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

    The percentage of female directors in Lowestoft in 2011 was 41.7%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

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

    28.8% of all director appointments in Lowestoft in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    25.5% of all director appointments in Lowestoft in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2010-Dec 2011)

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

    wordpercentageuk worduk percentage
    R1.41%CONSULTING5.07%
    ENTERPRISES1.21%MANAGEMENT4.74%
    J1.21%CONSULTANCY3.26%
    ENGINEERING1.01%PROPERTY2.37%
    M1.01%TRADING2.07%
    EAST1.01%DESIGN1.92%
    MANAGEMENT1.01%ASSOCIATES1.86%
    ANGLIA1.01%ENGINEERING1.78%
    FINANCIAL1.01%BUSINESS1.78%
    CONSULTANTS0.81%CONSULTANTS1.76%
    CONSULTANCY0.81%CONSTRUCTION1.73%
    L0.81%MEDIA1.71%
    CARE0.81%LONDON1.63%
    (LOWESTOFT)0.81%J1.51%
    HEATING0.81%INVESTMENTS1.48%
    PLUMBING0.81%GLOBAL1.46%
    HEALTHCARE0.81%IT1.41%
    G0.81%CARE1.39%
    ANGLIAN0.60%PROPERTIES1.29%
    SCHOOL0.60%ELECTRICAL1.29%
    FISH0.60%M1.27%
    ENERGY0.60%BUILDING1.26%
    MARINE0.60%ENERGY1.25%
    EASTERN0.60%S1.20%
    DEVELOPMENTS0.60%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied78205,525
    7487 - Other business activities3257,052
    82990 - Other business support service activities not elsewhere classified1732,483
    96090 - Other service activities not elsewhere classified1411,768
    9999 - Dormant Company1320,199
    74909 - Other professional, scientific and technical activities not elsewhere classified118,671
    09100 - Support activities for petroleum and natural gas extraction10268
    99999 - Dormant Company1021,846
    43210 - Electrical installation83,175
    9305 - Other service activities79,492
    74990 - Non-trading company68,929
    09100 - Support activities for petroleum and natural gas mining665
    70229 - Management consultancy activities other than financial management617,765
    7260 - Other computer related activities57,667
    7414 - Business & management consultancy513,034
    1120 - Services to oil and gas extraction5193
    62090 - Other information technology service activities57,493
    56103 - Take-away food shops and mobile food stands42,264
    96020 - Hairdressing and other beauty treatment42,380
    86900 - Other human health activities44,457

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07794505 CERAMICON LTD 03 Oct 2011
    07797494 GEORGIAN CONSULTANTS LTD 05 Oct 2011
    07799075 CASHMAN FINANCIAL PLANNING LIMITED 05 Oct 2011
    07802523 MECH ELEC COMMERCIAL CONSULTANTS LTD 07 Oct 2011
    07807353 RIDGEWAY UNDERWRITING AGENCY LIMITED 12 Oct 2011
    07807873 SATURN ACCOUNTANCY SERVICES LTD 12 Oct 2011
    07808375 WINDFARM ENERGY SERVICES LIMITED 13 Oct 2011
    07819070 MCGRAINE MARINE SERVICES LIMITED 21 Oct 2011
    07819698 M.O. PROJECT AND ENGINEERING SERVICES LIMITED 21 Oct 2011
    07820997 L CALLADINE LIMITED 24 Oct 2011
    07824326 MARINA THEATRE TRUST 26 Oct 2011
    07824339 DRIVE UK (WISBECH) LIMITED 26 Oct 2011
    07824471 MEADOW APARTMENTS LIMITED 26 Oct 2011
    07826047 BEST WISHES SPECIAL OCCASIONS LTD. 27 Oct 2011
    07827351 SHEPHERD RIG SERVICES LIMITED 28 Oct 2011
    07829094 L BROOKS ELECTRICAL LTD 31 Oct 2011
    07796489 ANGLIA TRADE WINDOWS LIMITED 04 Oct 2011
    07798250 ZU HAIR LIMITED 05 Oct 2011
    07804977 JIN DING LTD 11 Oct 2011
    07807192 AUTONOMY CONNECTED COMMUNITY INTEREST COMPANY 12 Oct 2011
    07819469 LOVE COUNTRY LIMITED 21 Oct 2011
    07822606 CQ ENGINEERING LIMITED 25 Oct 2011
    07824893 FLAARZ@MARKETGATES LIMITED 27 Oct 2011

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