Lowestoft, Suffolk
2014 Half Year Business Confidence Report
Headlines
- June 2014 saw a new record in company registrations in Lowestoft when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 165 companies were formed in Lowestoft. This figure is 12.2% higher than last year, which compares well to the UK wide figure of 11.6%.
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 2014 165 300,731 2013 147 269,432 % change 12.2% 11.6% Record Year 2003 (187) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 79 companies were registered in Lowestoft during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 1.3% versus the same period last year (Q2 2013). This figure compares badly to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Lowestoft UK 2014 79 150,009 2013 78 134,630 % change 1.3% 11.4% Record Year 2014 (79) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Lowestoft when compared to any previous June.
New Companies by Month
April May June New companies in 2014 26 23 30 New companies in 2013 31 28 19 % change -16.1% -17.9% 57.9% Record Year 2013 (31) 2003 (36) 2014 (30)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 101 companies were dissolved in Lowestoft. This figure is 9.8% lower than last year, which compares well to the UK wide change of 14.2%.
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 2014 101 177,207 2013 112 155,192 % change -9.8% 14.2% Record Year 2010 (114) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 57 companies were dissolved in Lowestoft during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 14.0% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Lowestoft UK 2014 57 94,837 2013 50 77,278 % change 14.0% 22.7% Record Year 2009 (71) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 11 29 17 Closed companies in 2013 10 20 20 % change 10.0% 45.0% -15% Record Year 2010 (18) 2009 (37) 2009 (25)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Lowestoft increased by 64 companies.
Half Year (Jan-Jun) Lowestoft UK 2014 64 123,524 2013 35 114,240 Record Year 2003 (122) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Lowestoft during the second quarter of 2014 (Apr 2014 - Jun 2014) was 22 companies.
second quarter (Apr 2014 - Jun 2014) Lowestoft UK 2014 22 55,172 2013 28 57,352 Record Year 2011 (35) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 15 -6 13 Net growth in 2013 21 8 -1 Record Year 2005 (23) 2003 (26) 2002 (17)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Lowestoft formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jan-Jun) Lowestoft 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 2003 (0.1%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Lowestoft formed 0.1% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Lowestoft 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1992 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.0% 0.0% 0.1% UK formation share in 2013 0.1% 0.1% 0.0% % change -24.4% -24.2% 36.8% Record Year 1999 (0.1%) 2003 (0.1%) 1992 (0.2%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 44.0.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 43.1.
The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Lowestoft was 2006 when 40.1% of all directors were female.
26.1% of all director appointments in Lowestoft in the first half of 2014 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 2014)
The record second quarter for female directors in Lowestoft was in 2006 when 43.5% of all directors were female.
29.8% of all director appointments in Lowestoft in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage EAST 1.85% CONSULTING 5.16% ELECTRICAL 1.48% MANAGEMENT 4.64% ENGINEERING 1.29% CONSULTANCY 3.50% MARINE 1.29% PROPERTY 2.66% ENERGY 0.92% TRADING 2.03% CONSULTANTS 0.92% ENGINEERING 1.99% CATERING 0.92% CONSTRUCTION 1.93% COAST 0.92% LONDON 1.93% PROPERTIES 0.92% CARE 1.85% D 0.92% DESIGN 1.75% S 0.74% CONSULTANTS 1.73% LIQUID 0.74% BUSINESS 1.69% CONSULTANCY 0.74% PROPERTIES 1.63% HEATING 0.74% TRANSPORT 1.58% TRAINING 0.74% GLOBAL 1.55% ACCESS 0.74% INVESTMENTS 1.55% 11 0.74% J 1.51% LOWESTOFT 0.74% ASSOCIATES 1.48% R 0.74% MEDIA 1.44% ANGLIA 0.74% ELECTRICAL 1.40% I 0.74% IT 1.33% TECHNICAL 0.55% DEVELOPMENTS 1.33% CONSULTING 0.55% BUILDING 1.26% CONSTRUCTION 0.55% M 1.24% SUBSEA 0.55% CO., 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 107 261,557 09100 - Support activities for petroleum and natural gas extraction 34 1,017 99999 - Dormant Company 25 48,436 96090 - Other service activities not elsewhere classified 25 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 22 19,058 71129 - Other engineering activities 17 5,787 70229 - Management consultancy activities other than financial management 16 40,250 82990 - Other business support service activities not elsewhere classified 14 57,421 43210 - Electrical installation 13 6,050 43999 - Other specialised construction activities not elsewhere classified 12 8,533 43220 - Plumbing, heat and air-conditioning installation 11 5,075 64999 - Financial intermediation not elsewhere classified 10 5,836 47990 - Other retail sale not in stores, stalls or markets 9 6,286 43390 - Other building completion and finishing 8 5,855 68209 - Other letting and operating of own or leased real estate 8 10,133 56302 - Public houses and bars 7 6,099 74990 - Non-trading company 6 14,351 47910 - Retail sale via mail order houses or via Internet 6 9,900 46190 - Agents involved in the sale of a variety of goods 6 1,504 98000 - Residents property management 6 5,046
Recent Companies
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Randomly selected companies from this quarter
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