Lowestoft, Suffolk
2013 Half Year Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- April 2013 saw a new record in company registrations in Lowestoft when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 147 companies were formed in Lowestoft. This figure is 5.0% higher than last year, which compares badly to the UK wide figure of 6.4%.
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 2013 147 269,432 2012 140 253,150 % change 5.0% 6.4% Record Year 2003 (187) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 78 companies were registered in Lowestoft during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is an increase of 20.0% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw an increase of 10.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Lowestoft UK 2013 78 134,630 2012 65 121,659 % change 20.0% 10.7% Record Year 2013 (78) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
April 2013 saw a new record in company registrations in Lowestoft when compared to any previous April.
New Companies by Month
April May June New companies in 2013 31 28 19 New companies in 2012 24 19 22 % change 29.2% 47.4% -13.6% Record Year 2013 (31) 2003 (36) 2002 (25)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 a total of 112 companies were dissolved in Lowestoft. This figure is 33.3% higher than last year, which compares badly to the UK wide change of 5.0%.
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 2013 112 155,192 2012 84 147,794 % change 33.3% 5.0% Record Year 2010 (114) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
A total of 50 companies were dissolved in Lowestoft during the second quarter of 2013 (Apr 2013 - Jun 2013).
This figure is a decrease of 5.7% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw a decrease of 3.7% against the same period last year.
second quarter (Apr 2013 - Jun 2013) Lowestoft UK 2013 50 77,278 2012 53 80,218 % change -5.7% -3.7% Record Year 2009 (71) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
Dissolved Companies by Month
April May June Closed companies in 2013 10 20 20 Closed companies in 2012 14 22 17 % change -28.6% -9.1% 18% Record Year 2010 (18) 2009 (37) 2009 (25)
Net Company Growth
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 the company register for Lowestoft increased by 35 companies.
Half Year (Jan-Jun) Lowestoft UK 2013 35 114,240 2012 56 105,356 Record Year 2003 (122) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
Net company growth for Lowestoft during the second quarter of 2013 (Apr 2013 - Jun 2013) was 28 companies.
second quarter (Apr 2013 - Jun 2013) Lowestoft UK 2013 28 57,352 2012 12 41,441 Record Year 2011 (35) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
Net Growth by Month
April May June Net growth in 2013 21 8 -1 Net growth in 2012 10 -3 5 Record Year 2005 (23) 2003 (26) 2002 (17)
UK Company Share
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Half Year Data (Jan-Jun 2013)
In the first half of 2013 Lowestoft formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jan-Jun) Lowestoft 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
In the second quarter of 2013, Lowestoft formed 0.1% of all UK companies.
second quarter (Apr 2013 - Jun 2013) Lowestoft 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1992 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.1% 0.1% 0.0% UK formation share in 2012 0.1% 0.0% 0.1% % change 8.5% 43.0% -21.8% Record Year 1999 (0.1%) 2003 (0.1%) 1992 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2013)
The average age of a director in the first half of 2013 was 44.0.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The average age of a director in the second quarter of 2013 was 44.2.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.6%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 3.8%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2013)
The record first half year for female directors in Lowestoft was 2006 when 40.1% of all directors were female.
28.8% of all director appointments in Lowestoft in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2013)
The record second quarter for female directors in Lowestoft was in 2006 when 43.5% of all directors were female.
28.3% of all director appointments in Lowestoft in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage R 1.52% CONSULTING 5.25% MANAGEMENT 1.52% MANAGEMENT 4.80% M 1.33% CONSULTANCY 3.41% OFFSHORE 1.33% PROPERTY 2.48% LOWESTOFT 1.14% TRADING 2.05% EAST 1.14% ENGINEERING 1.81% WELL 1.14% DESIGN 1.79% C 1.14% LONDON 1.77% CONSULTANTS 1.14% BUSINESS 1.77% ELECTRICAL 1.14% CONSULTANTS 1.68% INSPECTION 0.95% CONSTRUCTION 1.68% BUILDERS 0.95% ASSOCIATES 1.67% (LOWESTOFT) 0.95% GLOBAL 1.59% MARINE 0.95% MEDIA 1.57% FINANCIAL 0.76% CARE 1.55% INVESTMENTS 0.76% J 1.53% MAINTENANCE 0.76% INVESTMENTS 1.46% BUILDING 0.76% IT 1.40% ENERGY 0.76% PROPERTIES 1.40% ENGINEERING 0.76% M 1.26% TOTAL 0.76% BUILDING 1.22% J 0.76% ELECTRICAL 1.19% BROWN 0.57% ENTERPRISES 1.18% HEATING 0.57% CAPITAL 1.16% PROPERTIES 0.57% TRAINING 1.16%
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 114 257,517 09100 - Support activities for petroleum and natural gas extraction 29 810 99999 - Dormant Company 29 44,817 96090 - Other service activities not elsewhere classified 25 24,324 74909 - Other professional, scientific and technical activities not elsewhere classified 18 17,095 70229 - Management consultancy activities other than financial management 17 33,633 82990 - Other business support service activities not elsewhere classified 15 54,555 43210 - Electrical installation 13 5,611 43220 - Plumbing, heat and air-conditioning installation 10 4,452 43390 - Other building completion and finishing 7 5,253 71129 - Other engineering activities 7 4,494 87300 - Residential care activities for the elderly and disabled 7 530 62090 - Other information technology service activities 6 12,578 41100 - Development of building projects 6 8,876 85590 - Other education not elsewhere classified 6 5,319 46900 - Non-specialised wholesale trade 5 2,885 41202 - Construction of domestic buildings 5 5,665 86900 - Other human health activities 5 8,687 64999 - Financial intermediation not elsewhere classified 5 4,977 98000 - Residents property management 5 4,626
Recent Companies
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Randomly selected companies from this quarter
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