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Lowestoft, Suffolk

2012 Half Year Business Confidence Report

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. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 140 companies were formed in Lowestoft. This figure is 6.0% lower than last year, which compares badly to the UK wide figure of 10.7%.

    The highest total for a first half year in Lowestoft occurred in 2003 when a total of 187 were formed.

    Half Year (Jan-Jun)LowestoftUK
    2012140253,150
    2011149228,735
    % change-6.0%10.7%
    Record Year2003 (187)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 65 companies were registered in Lowestoft during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is a decrease of 8.5% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)LowestoftUK
    201265121,659
    201171112,344
    % change-8.5%8.3%
    Record Year 2003 (83) 2012 (121,659)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    New Companies by Month
    AprilMayJune
    New companies in 2012241922
    New companies in 2011252521
    % change-4.0%-24.0%4.8%
    Record Year2003 (30)2003 (36)2002 (25)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 a total of 84 companies were dissolved in Lowestoft. This figure is 6.3% higher than last year, which compares badly to the UK wide change of -8.9%.

    The highest total for a first half year in Lowestoft occurred in 2010 when a total of 114 were closed.

    Half Year (Jan-Jun)LowestoftUK
    201284147,793
    201179162,310
    % change6.3%-8.9%
    Record Year2010 (114)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    A total of 53 companies were dissolved in Lowestoft during the second quarter of 2012 (Apr 2012 - Jun 2012).

    This figure is an increase of 47.2% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.

    second quarter (Apr 2012 - Jun 2012)LowestoftUK
    20125380,218
    20113671,324
    % change47.2%12.5%
    Record Year 2009 (71) 2009 (181,177)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2012142217
    Closed companies in 201131419
    % change366.7%57.1%-11%
    Record Year2010 (18)2009 (37)2009 (25)

Net Company Growth

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 the company register for Lowestoft increased by 56 companies.

    Half Year (Jan-Jun)LowestoftUK
    201256105,357
    20117066,425
    Record Year2003 (122)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    Net company growth for Lowestoft during the second quarter of 2012 (Apr 2012 - Jun 2012) was 12 companies.

    second quarter (Apr 2012 - Jun 2012)LowestoftUK
    20121241,441
    20113541,020
    Record Year 2003 (53) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Net Growth by Month
    AprilMayJune
    Net growth in 201210-35
    Net growth in 201122112
    Record Year2005 (23)2003 (26)2002 (17)

UK Company Share

  1. Half Year Data (Jan-Jun 2012)

    In the first half of 2012 Lowestoft formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.

    Half Year (Jan-Jun)Lowestoft
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1963 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    In the second quarter of 2012, Lowestoft formed 0.1% of all UK companies.

    second quarter (Apr 2012 - Jun 2012)Lowestoft
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1976 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2012)

    Company Share by Month
    AprilMayJune
    UK formation share in 20120.1%0.0%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change-19.2%-33.4%11.7%
    Record Year1965 (0.4%)1966 (0.4%)1963 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2012)

    The average age of a director in the first half of 2012 was 43.6.

    The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.9%.

    The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 3.4%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The average age of a director in the second quarter of 2012 was 43.4.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 5.2%.

    The percentage of directors over the age of 65 was 7.9% compared to the UK figure of 3.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2012)

    The record first half year for female directors in Lowestoft was 1861 when 40.0% of all directors were female.

    29.9% of all director appointments in Lowestoft in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2012)

    The record second quarter for female directors in Lowestoft was in 1866 when 57.1% of all directors were female.

    33.3% of all director appointments in Lowestoft in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2011-Jun 2012)

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

    wordpercentageuk worduk percentage
    OFFSHORE2.07%CONSULTING5.07%
    MANAGEMENT1.66%MANAGEMENT4.74%
    G1.45%CONSULTANCY3.28%
    FINANCIAL1.24%PROPERTY2.35%
    ENGINEERING1.04%TRADING2.10%
    K0.83%DESIGN1.89%
    EAST0.83%ENGINEERING1.87%
    DESIGN0.83%ASSOCIATES1.82%
    WELL0.83%CONSULTANTS1.78%
    M0.83%CONSTRUCTION1.71%
    D0.83%BUSINESS1.70%
    PROJECT0.62%MEDIA1.69%
    CONSULTING0.62%LONDON1.68%
    COAST0.62%J1.57%
    CARE0.62%GLOBAL1.51%
    SCHOOL0.62%INVESTMENTS1.48%
    R0.62%IT1.42%
    JACKS0.62%CARE1.31%
    TRADING0.62%PROPERTIES1.31%
    CLEVERCLOGS0.62%M1.26%
    L0.62%ELECTRICAL1.23%
    ANGLIAN0.62%BUILDING1.23%
    ACADEMY0.62%SECURITY1.19%
    PRODUCTIONS0.62%S1.18%
    DEVELOPMENTS0.62%ENTERPRISES1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied111244,457
    7487 - Other business activities2747,029
    82990 - Other business support service activities not elsewhere classified1535,447
    74909 - Other professional, scientific and technical activities not elsewhere classified1410,271
    09100 - Support activities for petroleum and natural gas mining13139
    99999 - Dormant Company1226,088
    96090 - Other service activities not elsewhere classified1214,220
    70229 - Management consultancy activities other than financial management1020,390
    43210 - Electrical installation93,557
    9999 - Dormant Company916,469
    62090 - Other information technology service activities78,258
    9305 - Other service activities67,926
    7260 - Other computer related activities56,456
    7414 - Business & management consultancy510,978
    43390 - Other building completion and finishing53,241
    74990 - Non-trading company49,706
    62020 - Information technology consultancy activities415,280
    4525 - Other special trades construction41,411
    41100 - Development of building projects45,149
    4521 - General construction & civil engineering44,644

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08051899 PM WELL DELIVERY LIMITED 01 May 2012
    08052896 BETTER BODY GYM LTD 01 May 2012
    08056901 R KING RESOURCES LIMITED 03 May 2012
    08058092 STONESTHROW PROPERTY (EA) LIMITED 04 May 2012
    08062784 G & A PLASTERING LIMITED 09 May 2012
    08063581 THE PATHWAY ACADEMY LIMITED 10 May 2012
    08063669 HJW INSPECTION LIMITED 10 May 2012
    08065032 SWEAT AND STRETCH LTD. 11 May 2012
    08066500 CLEVERCLOGS (HOLDINGS) LIMITED 11 May 2012
    08072389 JACKS SPICE LIMITED 17 May 2012
    08074523 CLEMENT JOSCELYNE (NORWICH) LIMITED 18 May 2012
    08078918 ICSS ENGINEERING LIMITED 22 May 2012
    08079919 ALLEZTECH LIMITED 23 May 2012
    08087770 EDUCATIONAL OCTOPUS LIMITED 29 May 2012
    08059056 WRIGHT ON SITE LIMITED 04 May 2012
    08065382 SAFER NEIGHBOURHOOD SECURITY TEAM LTD. 11 May 2012
    08071506 LOWESTOFT ENGINEERING LTD. 16 May 2012
    08081129 CRUZER TACKLE LIMITED 24 May 2012
    08089126 ATA FINANCIAL LIMITED 30 May 2012

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