Milton Keynes, Buckinghamshire

Q1 2010 Business Confidence Report

Headlines

  • February 2010 saw a new record in company registrations in Milton Keynes when compared to any previous February.
  • January 2010 saw a new record in company registrations in Milton Keynes when compared to any previous January.
  • February 2010 saw a new record in company closures in Milton Keynes when compared to any previous February.
  • March 2010 saw a new record in UK company share in Milton Keynes when compared to any previous March.

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. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 536 companies were registered in Milton Keynes during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is an increase of 32.3% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw an increase of 15.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)Milton KeynesUK
    2010536105,137
    200940591,034
    % change32.3%15.5%
    Record Year 2007 (566) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company registrations in Milton Keynes when compared to any previous February.

    January 2010 saw a new record in company registrations in Milton Keynes when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2010134168234
    New companies in 2009125111169
    % change7.2%51.4%38.5%
    Record Year2010 (134)2010 (168)2007 (283)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2010)

    A total of 336 companies were dissolved in Milton Keynes during the first quarter of 2010 (Jan 2010 - Mar 2010).

    This figure is a decrease of 30.4% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.

    first quarter (Jan 2010 - Mar 2010)Milton KeynesUK
    201033682,677
    2009483108,060
    % change-30.4%-23.5%
    Record Year 2009 (483) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    February 2010 saw a new record in company closures in Milton Keynes when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 20109495147
    Closed companies in 20095677350
    % change67.9%23.4%-58%
    Record Year2005 (126)2010 (95)2009 (350)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2010)

    Net company growth for Milton Keynes during the first quarter of 2010 (Jan 2010 - Mar 2010) was 200 companies.

    first quarter (Jan 2010 - Mar 2010)Milton KeynesUK
    201020022,460
    2009-78-17,026
    Record Year 2007 (342) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2010407387
    Net growth in 20096934-181
    Record Year2003 (70)2007 (93)2007 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2010)

    In the first quarter of 2010, Milton Keynes formed 0.5% of all UK companies.

    first quarter (Jan 2010 - Mar 2010)Milton Keynes
    20100.5%
    20090.4%
    20080.4%
    20070.3%
    20060.4%
    Record Year (since 1960) 1968 (0.5%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    March 2010 saw a new record in UK company share in Milton Keynes when compared to any previous March.

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.5%0.5%0.5%
    UK formation share in 20090.5%0.4%0.5%
    % change-0.5%29.6%15.1%
    Record Year1968 (1.0%)1975 (0.9%)2010 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The average age of a director in the first quarter of 2010 was 44.1.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.0%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.9%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2010)

    The record first quarter for female directors in Milton Keynes was in 1861 when 40.0% of all directors were female.

    25.2% of all director appointments in Milton Keynes in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.03%MANAGEMENT5.01%
    MK1.59%CONSULTING4.60%
    MANAGEMENT1.37%CONSULTANCY2.87%
    CONSULTANCY1.22%PROPERTY2.50%
    IT0.96%ASSOCIATES2.04%
    (MK)0.77%TRADING1.93%
    MARKETING0.74%DESIGN1.91%
    ASSOCIATES0.74%CONSTRUCTION1.87%
    ENGINEERING0.74%MEDIA1.84%
    MEDIA0.70%BUSINESS1.74%
    SYSTEMS0.70%INTERNATIONAL1.73%
    TRADING0.66%CONSULTANTS1.63%
    CHANCERY0.66%ENGINEERING1.54%
    PROPERTY0.66%J1.48%
    TRADE0.63%LONDON1.45%
    INVESTMENTS0.59%INVESTMENTS1.45%
    BUSINESS0.59%GROUP1.37%
    DESIGN0.59%GLOBAL1.35%
    INTERNATIONAL0.55%PROPERTIES1.35%
    NOMINEES0.55%BUILDING1.34%
    ENTERPRISES0.52%CARE1.33%
    GLOBAL0.48%ELECTRICAL1.30%
    GROUP0.48%M1.28%
    CONSTRUCTION0.44%SYSTEMS1.25%
    MILTON0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,115228,645
    7487 - Other business activities27374,904
    7414 - Business & management consultancy10617,003
    70229 - Management consultancy activities other than financial management10014,007
    62020 - Information technology consultancy activities979,943
    82990 - Other business support service activities not elsewhere classified9726,974
    7260 - Other computer related activities8710,331
    7222 - Other software consultancy and supply819,659
    9999 - Dormant Company7119,948
    7499 - Non-trading company6915,398
    62090 - Other information technology service activities596,340
    99999 - Dormant Company5113,808
    9305 - Other service activities409,038
    74990 - Non-trading company408,149
    74909 - Other professional, scientific and technical activities not elsewhere classified317,143
    6220 - Non-scheduled air transport31259
    6024 - Freight transport by road293,665
    68320 - Management of real estate on a fee or contract basis263,169
    6323 - Other supporting air transport24292
    4521 - General construction & civil engineering219,325

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07149175 MILTON KEYNES PRACTICAL VAN SALES LIMITED 08 Feb 2010
    07169476 LUKES PLACE LIMITED 25 Feb 2010
    07163493 GIBBIN TESTING SERVICES LIMITED 19 Feb 2010
    07158766 B WALTER ASSOCIATES LIMITED 16 Feb 2010
    07148956 TCB TECHNICAL LIMITED 06 Feb 2010
    07142074 AYLES PLUMBING SERVICES LTD 01 Feb 2010
    OC352111 SILKWAY LLP 06 Feb 2010
    07168352 A N Y HAULAGE LIMITED 24 Feb 2010
    07150594 ASN SPORTS MARKETING LIMITED 09 Feb 2010
    07150143 PHOTOICA LIMITED 08 Feb 2010
    07145341 TENFOUR CONSULTING LIMITED 03 Feb 2010
    07156384 KEYNE DEVELOPMENTS LTD 12 Feb 2010
    07151750 ACTSWELL LTD 09 Feb 2010
    07162909 STRATEGY INSIGHTS DEVELOPMENT LIMITED 19 Feb 2010
    07160580 KHAN WHOLESALERS LIMITED 17 Feb 2010
    07156579 ATLANTIC CARE AGENCY LIMITED 12 Feb 2010
    07155932 BAILEY CENTRAL HEATING SERVICES LTD 12 Feb 2010
    07152539 OMESH VENTURES LIMITED 10 Feb 2010
    07166155 D J & A ENTERPRISES LTD 23 Feb 2010
    07165596 MOTHERS SUMMIT 23 Feb 2010
    07160564 TOPPS MK HOLDINGS LIMITED 17 Feb 2010
    07170484 BK FOUNDATION LIMITED 25 Feb 2010
    07168789 RECRUITS OFFSHORE LIMITED 25 Feb 2010
    07165007 NEBULA ESTATES LIMITED 22 Feb 2010
    07164231 VICCO LIMITED 22 Feb 2010