Lowestoft, Suffolk
2014 Annual Business Confidence Report
Headlines
- Q4 2014 saw a new record in company registrations in Lowestoft when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Lowestoft when compared to any previous December.
- November 2014 saw a new record in company closures in Lowestoft when compared to any previous November.
- December 2014 saw a new record in net growth in Lowestoft when compared to any previous December.
Contents
New Company Registrations
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Annual Data (2014)
A total of 337 companies were formed in Lowestoft in 2014. This total is 21.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Lowestoft UK 2014 337 582,051 2013 277 529,363 2012 287 491,893 2011 267 452,870 2010 235 400,358 Record Year 2014 (337) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 172 companies were formed in Lowestoft. This figure is 32.3% higher than last year, which compares well to the UK wide figure of 8.2%.
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 2014 172 281,320 2013 130 259,931 % change 32.3% 8.2% Record Year 2003 (178) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Lowestoft when compared to any previous Q4.
A total of 94 companies were registered in Lowestoft during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 74.1% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lowestoft UK 2014 94 137,906 2013 54 127,247 % change 74.1% 8.4% Record Year 2014 (94) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Lowestoft when compared to any previous December.
New Companies by Month
October November December New companies in 2014 28 18 48 New companies in 2013 24 14 16 % change 16.7% 28.6% 200.0% Record Year 2003 (36) 2010 (30) 2014 (48)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 195 companies were dissolved in Lowestoft in 2014. This total is 12.9% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Lowestoft UK 2014 195 367,937 2013 224 332,213 2012 171 293,729 2011 173 314,524 2010 199 342,233 Record Year 2009 (226) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 94 companies were dissolved in Lowestoft. This figure is 16.1% lower than last year, which compares well to the UK wide change of 7.7%.
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 2014 94 190,730 2013 112 177,021 % change -16.1% 7.7% Record Year 2009 (119) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 54 companies were dissolved in Lowestoft during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 3.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Lowestoft UK 2014 54 89,060 2013 52 90,851 % change 3.8% -2.0% Record Year 2009 (64) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company closures in Lowestoft when compared to any previous November.
Dissolved Companies by Month
October November December Closed companies in 2014 11 28 15 Closed companies in 2013 20 19 13 % change -45.0% 47.4% 15% Record Year 2013 (20) 2014 (28) 2009 (24)
Net Company Growth
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Annual Data (2014)
A total of 142 companies were added to the company register for Lowestoft in 2014. This number represents growth of 42.1% in the total number of active companies, which compares favourably to the UK figure of 36.8%.
This number is 89 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2014 when the Lowestoft company register grew by 142 companies.
Year Lowestoft UK 2014 142 214,114 2013 53 197,150 2012 116 198,164 2011 94 138,346 2010 36 58,125 Record Year 2014 (142) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Lowestoft increased by 78 companies.
Half Year (Jul-Dec) Lowestoft UK 2014 78 90,590 2013 18 82,910 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Lowestoft during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 40 companies.
fourth quarter (Oct 2014 - Dec 2014) Lowestoft UK 2014 40 48,846 2013 2 36,396 Record Year 2014 (40) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in net growth in Lowestoft when compared to any previous December.
Net Growth by Month
October November December Net growth in 2014 17 -10 33 Net growth in 2013 4 -5 3 Record Year 2003 (31) 2012 (21) 2014 (33)
UK Company Share
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Annual Data (2014)
In 2014 Lowestoft formed 0.1% of all UK companies. This is no change on 2013 when Lowestoft was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Lowestoft formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Lowestoft 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1990 (0.1%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Lowestoft formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Lowestoft 2014 0.1% 2013 0.0% 2012 0.1% 2011 0.1% 2010 0.1% Record Year (since 1960) 1990 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.0% 0.1% UK formation share in 2013 0.0% 0.0% 0.0% % change 11.0% 21.8% 156.6% Record Year 2003 (0.1%) 1990 (0.1%) 1992 (0.2%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 43.5.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.0.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 7.7% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 45.5.
The percentage of directors under the age of 25 was 4.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 1.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 26.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Lowestoft was 2007 when 43.2% of all directors were female.
26.6% of all director appointments in Lowestoft in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Lowestoft was in 2007 when 44.2% of all directors were female.
24.3% of all director appointments in Lowestoft in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage ELECTRICAL 1.33% CONSULTING 5.22% ENGINEERING 1.33% MANAGEMENT 4.58% EAST 1.17% CONSULTANCY 3.57% LOWESTOFT 1.00% PROPERTY 2.66% ANGLIA) 0.83% CONSTRUCTION 2.12% (EAST 0.83% ENGINEERING 2.10% K 0.83% CARE 2.02% CONSULTANTS 0.83% TRADING 1.94% S 0.83% LONDON 1.93% CATERING 0.67% TRANSPORT 1.93% M 0.67% DESIGN 1.66% CONSULTING 0.67% CONSULTANTS 1.64% D 0.67% ELECTRICAL 1.62% MARINE 0.67% PROPERTIES 1.62% ENERGY 0.67% BUSINESS 1.56% PROCESS 0.67% J 1.54% CLEANING 0.67% CO., 1.50% HEATING 0.67% GLOBAL 1.49% LIQUID 0.67% INVESTMENTS 1.48% 11 0.67% ASSOCIATES 1.47% HOME 0.67% DEVELOPMENTS 1.35% OIL 0.50% MEDIA 1.33% GAS 0.50% IT 1.31% R 0.50% BUILDING 1.29% STREET 0.50% M 1.22%
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 102 265,608 09100 - Support activities for petroleum and natural gas extraction 38 1,077 96090 - Other service activities not elsewhere classified 33 29,009 99999 - Dormant Company 24 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 22 19,049 70229 - Management consultancy activities other than financial management 19 42,290 82990 - Other business support service activities not elsewhere classified 18 58,068 71129 - Other engineering activities 17 6,132 43999 - Other specialised construction activities not elsewhere classified 14 8,761 43210 - Electrical installation 11 5,985 43220 - Plumbing, heat and air-conditioning installation 8 5,189 43390 - Other building completion and finishing 8 5,931 56302 - Public houses and bars 8 6,285 68209 - Other letting and operating of own or leased real estate 8 11,212 74100 - specialised design activities 7 4,841 64999 - Financial intermediation not elsewhere classified 7 6,083 47990 - Other retail sale not in stores, stalls or markets 6 6,452 74990 - Non-trading company 5 13,984 98000 - Residents property management 5 5,255 46190 - Agents involved in the sale of a variety of goods 5 1,391
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09294979 G ADAMS INSPECTION SERVICES LIMITED 04 Nov 2014 09302206 SPENTEC SERVICES LIMITED 10 Nov 2014 09304900 TDP2014 LTD 11 Nov 2014 09309738 TOY TOWN LIMITED 13 Nov 2014 09310226 WINGBEAT BIRDS OF PREY LIMITED 13 Nov 2014 09311508 WINGBEAT BIRD CONTROL SERVICES LTD 14 Nov 2014 09317976 HITECH GRAND PRIX LIMITED 19 Nov 2014 09324461 62-76 ST. PETERS STREET LOWESTOFT MANAGEMENT COMPANY LIMITED 24 Nov 2014 09325122 JPH ENGINEERING LIMITED 24 Nov 2014 09326051 TOMMOCO LIMITED 25 Nov 2014 09292039 WEBSTER-ALLEN & SMITH ESTATE AGENTS LIMITED 03 Nov 2014 09296217 CHINA HEALTH UK LIMITED 05 Nov 2014 09297339 K & N SOLUTIONS LIMITED 05 Nov 2014 09298965 ENDEAVOUR MOTORS LIMITED 06 Nov 2014 09310772 J C H ROOFING & FACADES LIMITED 14 Nov 2014 09321316 LOWESTOFT COMMUNITY RADIO LIMITED 20 Nov 2014 09330539 GEOMETRON DESIGN CONSULTANTS LIMITED 27 Nov 2014 09331128 BUYAPARCEL LIMITED 27 Nov 2014
reports
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2014
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2013
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