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
New Company Registrations
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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.
Year Lowestoft UK 2011 267 452,870 2010 235 400,358 2009 228 362,675 2008 223 349,203 2007 238 457,649 Record Year 2003 (365) 2007 (457,649) New Companies by Year
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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) Lowestoft UK 2011 118 224,135 2010 119 196,609 % change -0.8% 14.0% Record Year 2003 (178) 2011 (224,135) New Companies by Half Year
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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) Lowestoft UK 2011 55 109,623 2010 56 95,117 % change -1.8% 15.3% Record Year 2003 (82) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 23 18 14 New companies in 2010 9 30 17 % change 155.6% -40.0% -17.6% Record Year 2003 (36) 2010 (30) 2009 (19)
Closed Companies (dissolved)
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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.
Year Lowestoft UK 2011 173 314,523 2010 199 342,232 2009 226 533,773 2008 127 237,901 2007 124 220,295 Record Year 2009 (226) 2009 (533,773) Dissolved Companies by Year
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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) Lowestoft UK 2011 94 152,213 2010 85 164,601 % change 10.6% -7.5% Record Year 2009 (119) 2009 (244,537) Dissolved Companies by Half Year
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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) Lowestoft UK 2011 46 79,983 2010 44 76,896 % change 4.5% 4.0% Record Year 2009 (64) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2011 9 22 15 Closed companies in 2010 19 21 4 % change -52.6% 4.8% 275% Record Year 2009 (20) 2011 (22) 2009 (24)
Net Company Growth
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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.
Year Lowestoft UK 2011 94 138,347 2010 36 58,126 2009 2 -171,098 2008 96 111,302 2007 114 237,354 Record Year 2003 (244) 2003 (242,543) Net Growth by Year
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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) Lowestoft UK 2011 24 71,922 2010 34 32,008 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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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) Lowestoft UK 2011 9 29,640 2010 12 18,221 Record Year 2003 (60) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 14 -4 -1 Net growth in 2010 -10 9 13 Record Year 2003 (31) 2003 (21) 2010 (13)
UK Company Share
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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.
Year Lowestoft 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1966 (0.2%) Company Share by Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1966 (0.2%) Company Share by Half Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1966 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.0% 0.0% UK formation share in 2010 0.0% 0.1% 0.1% % change 121.6% -48.9% -27.0% Record Year 1964 (0.4%) 1965 (0.4%) 1967 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage R 1.41% CONSULTING 5.07% ENTERPRISES 1.21% MANAGEMENT 4.74% J 1.21% CONSULTANCY 3.26% ENGINEERING 1.01% PROPERTY 2.37% M 1.01% TRADING 2.07% EAST 1.01% DESIGN 1.92% MANAGEMENT 1.01% ASSOCIATES 1.86% ANGLIA 1.01% ENGINEERING 1.78% FINANCIAL 1.01% BUSINESS 1.78% CONSULTANTS 0.81% CONSULTANTS 1.76% CONSULTANCY 0.81% CONSTRUCTION 1.73% L 0.81% MEDIA 1.71% CARE 0.81% LONDON 1.63% (LOWESTOFT) 0.81% J 1.51% HEATING 0.81% INVESTMENTS 1.48% PLUMBING 0.81% GLOBAL 1.46% HEALTHCARE 0.81% IT 1.41% G 0.81% CARE 1.39% ANGLIAN 0.60% PROPERTIES 1.29% SCHOOL 0.60% ELECTRICAL 1.29% FISH 0.60% M 1.27% ENERGY 0.60% BUILDING 1.26% MARINE 0.60% ENERGY 1.25% EASTERN 0.60% S 1.20% DEVELOPMENTS 0.60% ENTERPRISES 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 78 205,525 7487 - Other business activities 32 57,052 82990 - Other business support service activities not elsewhere classified 17 32,483 96090 - Other service activities not elsewhere classified 14 11,768 9999 - Dormant Company 13 20,199 74909 - Other professional, scientific and technical activities not elsewhere classified 11 8,671 09100 - Support activities for petroleum and natural gas extraction 10 268 99999 - Dormant Company 10 21,846 43210 - Electrical installation 8 3,175 9305 - Other service activities 7 9,492 74990 - Non-trading company 6 8,929 09100 - Support activities for petroleum and natural gas mining 6 65 70229 - Management consultancy activities other than financial management 6 17,765 7260 - Other computer related activities 5 7,667 7414 - Business & management consultancy 5 13,034 1120 - Services to oil and gas extraction 5 193 62090 - Other information technology service activities 5 7,493 56103 - Take-away food shops and mobile food stands 4 2,264 96020 - Hairdressing and other beauty treatment 4 2,380 86900 - Other human health activities 4 4,457
Recent Companies
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Randomly selected companies from this quarter
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