Milton Keynes, Buckinghamshire

2010 Half Year Business Confidence Report

Headlines

  • June 2010 saw a new record in company registrations in Milton Keynes when compared to any previous June.
  • The first half of 2010 saw a new record in UK company share in Milton Keynes when compared to any previous first half year.

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 985 companies were formed in Milton Keynes. This figure is 20.9% higher than last year, which compares well to the UK wide figure of 11.9%.

    The highest total for a first half year in Milton Keynes occurred in 2007 when a total of 1,204 were formed.

    Half Year (Jan-Jun)Milton KeynesUK
    2010985203,749
    2009815182,021
    % change20.9%11.9%
    Record Year2007 (1,204)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 449 companies were registered in Milton Keynes during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 9.5% versus the same period last year (Q2 2009). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Milton KeynesUK
    201044998,612
    200941090,987
    % change9.5%8.4%
    Record Year 2007 (638) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

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

    New Companies by Month
    AprilMayJune
    New companies in 2010163132154
    New companies in 2009143119148
    % change14.0%10.9%4.1%
    Record Year2007 (316)2007 (169)2010 (154)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 678 companies were dissolved in Milton Keynes. This figure is 47.6% lower than last year, which compares well to the UK wide change of -38.6%.

    The highest total for a first half year in Milton Keynes occurred in 2009 when a total of 1,294 were closed.

    Half Year (Jan-Jun)Milton KeynesUK
    2010678177,631
    20091,294289,236
    % change-47.6%-38.6%
    Record Year2009 (1,294)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 342 companies were dissolved in Milton Keynes during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 57.8% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)Milton KeynesUK
    201034294,954
    2009811181,176
    % change-57.8%-47.6%
    Record Year 2009 (811) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201078143121
    Closed companies in 2009250354207
    % change-68.8%-59.6%-42%
    Record Year2009 (250)2009 (354)2009 (207)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Milton Keynes increased by 307 companies.

    Half Year (Jan-Jun)Milton KeynesUK
    201030726,118
    2009-479-107,215
    Record Year2007 (775)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Milton Keynes during the second quarter of 2010 (Apr 2010 - Jun 2010) was 107 companies.

    second quarter (Apr 2010 - Jun 2010)Milton KeynesUK
    20101073,658
    2009-401-90,189
    Record Year 2007 (433) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201085-1133
    Net growth in 2009-107-235-59
    Record Year2007 (270)2007 (78)2008 (115)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in UK company share in Milton Keynes when compared to any previous first half year.

    In the first half of 2010 Milton Keynes formed 0.5% of all UK companies. This is more than the 2009 figure of 0.4%.

    Half Year (Jan-Jun)Milton Keynes
    20100.5%
    20090.4%
    20080.5%
    20070.4%
    20060.4%
    Record Year (since 1960) 2010 (0.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

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

    second quarter (Apr 2010 - Jun 2010)Milton Keynes
    20100.5%
    20090.5%
    20080.5%
    20070.6%
    20060.4%
    Record Year (since 1960) 2007 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.5%0.4%0.4%
    UK formation share in 20090.5%0.4%0.5%
    % change4.9%5.7%-6.4%
    Record Year2007 (0.8%)1985 (0.6%)1970 (0.8%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 44.7.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Milton Keynes was 1857 when 40.0% of all directors were female.

    24.7% of all director appointments in Milton Keynes in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Milton Keynes was in 1866 when 66.7% of all directors were female.

    24.1% of all director appointments in Milton Keynes in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.29%MANAGEMENT5.01%
    MANAGEMENT1.60%CONSULTING4.79%
    MK1.49%CONSULTANCY3.02%
    CONSULTANCY1.27%PROPERTY2.40%
    IT0.91%ASSOCIATES2.02%
    ASSOCIATES0.87%TRADING2.01%
    TRADING0.76%DESIGN1.91%
    MEDIA0.76%CONSTRUCTION1.85%
    DESIGN0.76%MEDIA1.80%
    ENGINEERING0.73%BUSINESS1.75%
    (MK)0.73%CONSULTANTS1.71%
    MILTON0.73%INTERNATIONAL1.59%
    SYSTEMS0.65%ENGINEERING1.56%
    BUSINESS0.62%LONDON1.52%
    KEYNES0.62%INVESTMENTS1.49%
    PROPERTY0.62%J1.46%
    INVESTMENTS0.62%CARE1.41%
    INTERNATIONAL0.62%GLOBAL1.39%
    CHANCERY0.62%PROPERTIES1.35%
    CONSULTANTS0.58%BUILDING1.33%
    TRADE0.58%M1.29%
    NOMINEES0.54%IT1.28%
    MARKETING0.51%ELECTRICAL1.27%
    GLOBAL0.51%GROUP1.25%
    PRESTIGE0.47%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied926207,125
    7487 - Other business activities26168,525
    70229 - Management consultancy activities other than financial management9413,490
    82990 - Other business support service activities not elsewhere classified9325,942
    7414 - Business & management consultancy9214,598
    62020 - Information technology consultancy activities748,590
    7260 - Other computer related activities719,122
    7499 - Non-trading company7013,997
    7222 - Other software consultancy and supply698,285
    9999 - Dormant Company6619,842
    62090 - Other information technology service activities615,854
    99999 - Dormant Company5614,342
    74990 - Non-trading company387,893
    9305 - Other service activities368,822
    68320 - Management of real estate on a fee or contract basis273,070
    74909 - Other professional, scientific and technical activities not elsewhere classified246,684
    96090 - Other service activities not elsewhere classified237,922
    6024 - Freight transport by road232,960
    4521 - General construction & civil engineering218,262
    6220 - Non-scheduled air transport20230

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07258972 CURRAHEE HOLDINGS LIMITED 19 May 2010
    07260822 COSECANT ENGINEERING SOLUTION LIMITED 21 May 2010
    07242965 JULIA CHARLES EVENT MANAGEMENT LTD 04 May 2010
    07262017 GANATRA INVESTMENTS LTD 21 May 2010
    07256029 S.C. STRATEGIES LIMITED 17 May 2010
    07255382 LOZIM LIMITED 17 May 2010
    07253760 SNE EVENT DESIGN LIMITED 14 May 2010
    07245892 GKW GLAZING LTD 06 May 2010
    07266472 WE ARE: THE CHICAGO PIZZA PIE FACTORY LIMITED 26 May 2010
    07250399 LC MANAGEMENT & SERVICES LIMITED 11 May 2010
    07255261 EMK YEKO LTD 17 May 2010
    07254500 ALPHA CHARLIE ECHO LIMITED 14 May 2010
    07261912 J EMBLETON LIMITED 21 May 2010
    07242449 WHITE APPLE HEALTH LTD 04 May 2010
    07249078 PROJECT MANAGMENT CONSULTANTS LIMITED 11 May 2010
    07268069 LEXSYS SOLUTIONS LIMITED 28 May 2010
    07262870 SWIFT VEHICLE DELIVERIES LTD 24 May 2010
    07260025 CRENDON SKIN CLINIC LIMITED 20 May 2010
    07257520 SUPREME WHEELS DIRECT LTD 18 May 2010
    07247233 PINK PIGEON TRADING CO. LIMITED 10 May 2010
    07247120 TECHNONIB LIMITED 07 May 2010
    07247049 GENERAL IT LIMITED 07 May 2010
    07241228 KMA MANAGEMENT LIMITED 04 May 2010
    07252583 SUPREME PLUMBING LTD 13 May 2010
    07262124 HEW ASSOCIATES LIMITED 21 May 2010