Lowestoft, Suffolk
2013 Annual 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.
Contents
New Company Registrations
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Annual Data (2013)
A total of 277 companies were formed in Lowestoft in 2013. This total is 3.5% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Lowestoft UK 2013 277 529,363 2012 287 491,893 2011 267 452,870 2010 235 400,358 2009 228 362,675 Record Year 2012 (287) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 130 companies were formed in Lowestoft. This figure is 11.6% lower than last year, which compares badly to the UK wide figure of 8.9%.
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 2013 130 259,931 2012 147 238,743 % change -11.6% 8.9% Record Year 2003 (178) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 54 companies were registered in Lowestoft during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 27.0% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Lowestoft UK 2013 54 127,247 2012 74 119,875 % change -27.0% 6.1% Record Year 2012 (74) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 24 14 16 New companies in 2012 28 29 17 % change -14.3% -51.7% -5.9% Record Year 2003 (36) 2010 (30) 2009 (19)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 224 companies were dissolved in Lowestoft in 2013. This total is 31.0% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Lowestoft UK 2013 224 332,213 2012 171 293,729 2011 173 314,524 2010 199 342,233 2009 226 533,789 Record Year 2009 (226) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 112 companies were dissolved in Lowestoft. This figure is 28.7% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 112 177,021 2012 87 145,935 % change 28.7% 21.3% Record Year 2009 (119) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 52 companies were dissolved in Lowestoft during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 40.5% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Lowestoft UK 2013 52 90,851 2012 37 70,027 % change 40.5% 29.7% Record Year 2009 (64) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 20 19 13 Closed companies in 2012 19 8 10 % change 5.3% 137.5% 30% Record Year 2009 (20) 2011 (22) 2009 (24)
Net Company Growth
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Annual Data (2013)
A total of 53 companies were added to the company register for Lowestoft in 2013. This number represents growth of 19.1% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 63 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Lowestoft company register grew by 127 companies.
Year Lowestoft UK 2013 53 197,150 2012 116 198,164 2011 94 138,346 2010 36 58,125 2009 2 -171,114 Record Year 2005 (127) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Lowestoft increased by 18 companies.
Half Year (Jul-Dec) Lowestoft UK 2013 18 82,910 2012 60 92,808 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Lowestoft during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 2 companies.
fourth quarter (Oct 2013 - Dec 2013) Lowestoft UK 2013 2 36,396 2012 37 49,848 Record Year 2012 (37) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 4 -5 3 Net growth in 2012 9 21 7 Record Year 2003 (31) 2012 (21) 1996 (13)
UK Company Share
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Annual Data (2013)
In 2013 Lowestoft formed 0.1% of all UK companies. This is no change on 2012 when Lowestoft was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Lowestoft formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) Lowestoft 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1990 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Lowestoft formed 0.0% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Lowestoft 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1990 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.0% 0.0% 0.0% UK formation share in 2012 0.1% 0.1% 0.1% % change -20.4% -52.5% -14.4% Record Year 2003 (0.1%) 1990 (0.1%) 1992 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.3.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 42.8.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.2% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.3.
The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Lowestoft was 1983 when 100.0% of all directors were female.
The percentage of female directors in Lowestoft in 2013 was 31.5%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Lowestoft was 2007 when 43.2% of all directors were female.
33.4% of all director appointments in Lowestoft in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Lowestoft was in 2007 when 44.2% of all directors were female.
36.7% of all director appointments in Lowestoft in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EAST 2.03% CONSULTING 5.22% MARINE 1.62% MANAGEMENT 4.72% ENGINEERING 1.62% CONSULTANCY 3.45% CONSULTANTS 1.42% PROPERTY 2.59% MANAGEMENT 1.42% TRADING 2.08% R 1.42% ENGINEERING 1.87% ELECTRICAL 1.22% LONDON 1.86% INVESTMENTS 1.22% DESIGN 1.76% PROPERTIES 1.01% CONSTRUCTION 1.73% ENERGY 1.01% CARE 1.73% ANGLIA 1.01% BUSINESS 1.71% OFFSHORE 1.01% CONSULTANTS 1.68% CONSULTANCY 0.81% GLOBAL 1.58% WELL 0.81% INVESTMENTS 1.56% J 0.81% PROPERTIES 1.54% C 0.81% ASSOCIATES 1.53% EASTERN 0.81% J 1.51% COAST 0.81% MEDIA 1.50% WAVENEY 0.61% IT 1.35% TECHNICAL 0.61% DEVELOPMENTS 1.23% TRAINING 0.61% M 1.23% OIL 0.61% BUILDING 1.21% G 0.61% ELECTRICAL 1.20% INSPECTION 0.61% CAPITAL 1.19% FINANCIAL 0.61% ENERGY 1.14%
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 131 266,814 09100 - Support activities for petroleum and natural gas extraction 34 912 99999 - Dormant Company 24 46,762 96090 - Other service activities not elsewhere classified 21 26,001 70229 - Management consultancy activities other than financial management 17 36,164 74909 - Other professional, scientific and technical activities not elsewhere classified 17 18,034 82990 - Other business support service activities not elsewhere classified 15 55,342 43210 - Electrical installation 13 5,730 71129 - Other engineering activities 11 5,158 43220 - Plumbing, heat and air-conditioning installation 11 4,687 68209 - Other letting and operating of own or leased real estate 9 8,733 43390 - Other building completion and finishing 8 5,405 43999 - Other specialised construction activities not elsewhere classified 8 7,823 64999 - Financial intermediation not elsewhere classified 7 5,309 62090 - Other information technology service activities 7 12,511 85590 - Other education not elsewhere classified 6 5,698 47990 - Other retail sale not in stores, stalls or markets 6 5,800 87300 - Residential care activities for the elderly and disabled 5 584 41100 - Development of building projects 5 9,485 70221 - Financial management 4 3,085
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08798579 D O'NEILL LIMITED 02 Dec 2013 08801538 BARNO LIMITED 04 Dec 2013 08803168 IZZOLI LTD 05 Dec 2013 08809220 JOEL BENSTEAD LIMITED 10 Dec 2013 08811424 DDI PARTNERS LIMITED 11 Dec 2013 08812385 MAHIR KORKMAZ LTD 12 Dec 2013 08814337 MOCHATECH LIMITED 13 Dec 2013 08818616 EPIC REGENERATION CONSULTANTS LTD 18 Dec 2013 08818907 NINE FOOT OFFSHORE LIMITED 18 Dec 2013 08820952 PGN COST ENGINEERS LIMITED 19 Dec 2013 08821107 SLM FITTINGS LIMITED 19 Dec 2013 08825822 K.D. PIPING & FABRICATION LIMITED 24 Dec 2013 08825851 SMITH ENERGY SERVICES LIMITED 24 Dec 2013 08827942 E.G.SCAFFOLDING LTD 30 Dec 2013 08800629 N.IQ ELECTRICAL CONSULTANTS LIMITED 03 Dec 2013 08825514 LEWITECHSERVICES LTD 24 Dec 2013
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