Lowestoft, Suffolk

2012 Annual Business Confidence Report

Headlines

  • November 2012 saw a new record in net growth 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 (2012)

    A total of 287 companies were formed in Lowestoft in 2012. This total is 7.5% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearLowestoftUK
    2012287491,893
    2011267452,870
    2010235400,358
    2009228362,675
    2008223349,203
    Record Year2003 (365)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 147 companies were formed in Lowestoft. This figure is 24.6% higher than last year, which compares well to the UK wide figure of 6.5%.

    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
    2012147238,743
    2011118224,135
    % change24.6%6.5%
    Record Year2003 (178)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 74 companies were registered in Lowestoft during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 34.5% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)LowestoftUK
    201274119,875
    201155109,623
    % change34.5%9.4%
    Record Year 2003 (82) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012282917
    New companies in 2011231814
    % change21.7%61.1%21.4%
    Record Year2003 (36)2010 (30)2009 (19)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 171 companies were dissolved in Lowestoft in 2012. This total is 1.2% lower than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearLowestoftUK
    2012171293,728
    2011173314,524
    2010199342,233
    2009226533,787
    2008127237,873
    Record Year2009 (226)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 87 companies were dissolved in Lowestoft. This figure is 7.4% lower than last year, which compares well to the UK wide change of -4.1%.

    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
    201287145,934
    201194152,213
    % change-7.4%-4.1%
    Record Year2009 (119)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 37 companies were dissolved in Lowestoft during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 19.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)LowestoftUK
    20123770,026
    20114679,983
    % change-19.6%-12.4%
    Record Year 2009 (64) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201219810
    Closed companies in 201192215
    % change111.1%-63.6%-33%
    Record Year2009 (20)2011 (22)2009 (24)

Net Company Growth

  1. Annual Data (2012)

    A total of 116 companies were added to the company register for Lowestoft in 2012. This number represents growth of 43.4% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 22 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
    2012116198,165
    201194138,346
    20103658,125
    20092-171,112
    200896111,330
    Record Year2003 (244)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Lowestoft increased by 60 companies.

    Half Year (Jul-Dec)LowestoftUK
    20126092,809
    20112471,922
    Record Year2003 (122)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Lowestoft during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 37 companies.

    fourth quarter (Oct 2012 - Dec 2012)LowestoftUK
    20123749,849
    2011929,640
    Record Year 2003 (60) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    November 2012 saw a new record in net growth in Lowestoft when compared to any previous November.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20129217
    Net growth in 201114-4-1
    Record Year2003 (31)2003 (21)2010 (13)

UK Company Share

  1. Annual Data (2012)

    In 2012 Lowestoft formed 0.1% of all UK companies. This is no change on 2011 when Lowestoft was responsible for 0.1% of all UK companies.

    YearLowestoft
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960)1966 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

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

    Half Year (Jul-Dec)Lowestoft
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Lowestoft
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1966 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.0%0.0%
    % change2.4%53.4%18.1%
    Record Year1964 (0.4%)1965 (0.4%)1967 (0.6%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 43.6.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 42.5.

    The percentage of directors under the age of 25 was 6.1% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 41.5.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 1.7% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Lowestoft was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Lowestoft in 2012 was 38.9%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    34.2% of all director appointments in Lowestoft in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Lowestoft was in 1977 when 31.2% of all directors were female.

    28.2% of all director appointments in Lowestoft in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    OFFSHORE2.10%CONSULTING5.15%
    MANAGEMENT1.71%MANAGEMENT4.78%
    WELL1.33%CONSULTANCY3.31%
    LOWESTOFT1.33%PROPERTY2.40%
    M1.14%TRADING2.03%
    BUILDERS1.14%DESIGN1.86%
    (LOWESTOFT)0.95%ASSOCIATES1.82%
    DESIGN0.95%ENGINEERING1.79%
    R0.95%BUSINESS1.76%
    G0.95%CONSULTANTS1.75%
    C0.95%CONSTRUCTION1.69%
    INSPECTION0.76%LONDON1.69%
    K0.76%MEDIA1.69%
    PLUMBING0.76%GLOBAL1.59%
    HEATING0.76%J1.57%
    (EAST0.76%INVESTMENTS1.46%
    ANGLIA)0.76%IT1.43%
    D0.76%CARE1.39%
    N0.76%PROPERTIES1.34%
    TOTAL0.76%M1.26%
    BUILDING0.57%BUILDING1.23%
    PROJECT0.57%ENTERPRISES1.21%
    JACKS0.57%TRAINING1.18%
    BROWN0.57%ELECTRICAL1.17%
    J0.57%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied102236,139
    99999 - Dormant Company2340,648
    09100 - Support activities for petroleum and natural gas extraction20667
    96090 - Other service activities not elsewhere classified2022,058
    74909 - Other professional, scientific and technical activities not elsewhere classified1815,572
    82990 - Other business support service activities not elsewhere classified1752,427
    70229 - Management consultancy activities other than financial management1630,396
    43210 - Electrical installation145,304
    43220 - Plumbing, heat and air-conditioning installation94,045
    62090 - Other information technology service activities812,291
    43390 - Other building completion and finishing74,882
    87300 - Residential care activities for the elderly and disabled7467
    64999 - Financial intermediation not elsewhere classified64,537
    7487 - Other business activities610,703
    74990 - Non-trading company513,808
    86900 - Other human health activities57,866
    41202 - Construction of domestic buildings54,882
    56210 - Event catering activities51,646
    47910 - Retail sale via mail order houses or via Internet56,307
    71129 - Other engineering activities53,763

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08236558 ARACHNE ECOLOGY LIMITED 02 Oct 2012
    08236570 APEX ROOFING ANGLIA LIMITED 02 Oct 2012
    08242274 WHITFIELD INSPECTION SERVICES LIMITED 05 Oct 2012
    08243820 CRUCIAL BUSINESS SOLUTIONS LTD 08 Oct 2012
    08245004 R D PARMENTER LIMITED 09 Oct 2012
    08248106 BRICKFIELDS MANAGEMENT COMPANY (ALDEBURGH) LIMITED 10 Oct 2012
    08249732 MATOD LIMITED 11 Oct 2012
    08253887 EASY ROLLERS (EAST ANGLIA) LIMITED 15 Oct 2012
    08254445 A & A WOOD LIMITED 16 Oct 2012
    08255768 PARAMOUNT PHARMA LTD 16 Oct 2012
    08259744 J B COMMERCIAL CLEANING LTD 18 Oct 2012
    08262688 BRADY INNS LTD 22 Oct 2012
    08264547 D PATTERSON WELL SERVICES LIMITED 23 Oct 2012
    08265554 ONE ESTATES NW LIMITED 23 Oct 2012
    08270170 PHILIP HOLDSWORTH LIMITED 26 Oct 2012
    08271068 SOMERLEYTON MARINA LIMITED 29 Oct 2012
    08275263 A K ENTERPRISE (LOWESTOFT) LIMITED 31 Oct 2012
    08246179 MS OILFIELD SERVICES LIMITED 09 Oct 2012
    08259608 STERLINGBLUE LIMITED 18 Oct 2012
    08263439 OCEANDTM LIMITED 22 Oct 2012
    08267028 G P MILLS FORKLIFTS LIMITED 24 Oct 2012
    08269425 KIRKLEY POWER DISTRIBUTION SERVICES LIMITED 26 Oct 2012
    08269636 TIM HALL FREELANCE SKIPPER LTD 26 Oct 2012
    08275126 HOME GROWN TOBACCO LIMITED 31 Oct 2012
    08246618 NM FABRICATION LTD 10 Oct 2012

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