Milton Keynes, Buckinghamshire

2010 Annual Business Confidence Report

Headlines

  • October 2010 saw a new record in company registrations in Milton Keynes when compared to any previous October.
  • November 2010 saw a new record in company closures in Milton Keynes when compared to any previous November.
  • October 2010 saw a new record in company closures in Milton Keynes when compared to any previous October.
  • December 2010 saw a new record in net growth in Milton Keynes when compared to any previous December.

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. Annual Data (2010)

    A total of 1,986 companies were formed in Milton Keynes in 2010. This total is 9.1% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearMilton KeynesUK
    20101,986400,358
    20091,820362,675
    20081,550349,203
    20072,047457,649
    20061,572405,440
    Record Year2007 (2,047)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,001 companies were formed in Milton Keynes. This figure is 0.4% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Milton Keynes occurred in 2009 when a total of 1,005 were formed.

    Half Year (Jul-Dec)Milton KeynesUK
    20101,001196,609
    20091,005180,654
    % change-0.4%8.8%
    Record Year2009 (1,005)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 483 companies were registered in Milton Keynes during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 1.4% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)Milton KeynesUK
    201048395,117
    200949085,983
    % change-1.4%10.6%
    Record Year 2009 (490) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010183160140
    New companies in 2009155175160
    % change18.1%-8.6%-12.5%
    Record Year2010 (183)2009 (175)2009 (160)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 1,324 companies were dissolved in Milton Keynes in 2010. This total is 37.8% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearMilton KeynesUK
    20101,324342,232
    20092,130533,773
    2008818237,901
    2007876220,295
    2006908200,166
    Record Year2009 (2,130)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 646 companies were dissolved in Milton Keynes. This figure is 22.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Milton Keynes occurred in 2009 when a total of 836 were closed.

    Half Year (Jul-Dec)Milton KeynesUK
    2010646164,601
    2009836244,537
    % change-22.7%-32.7%
    Record Year2009 (836)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 321 companies were dissolved in Milton Keynes during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 17.7% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)Milton KeynesUK
    201032176,896
    200939085,136
    % change-17.7%-9.7%
    Record Year 2009 (390) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201012814053
    Closed companies in 2009114138138
    % change12.3%1.4%-62%
    Record Year2010 (128)2010 (140)2004 (145)

Net Company Growth

  1. Annual Data (2010)

    A total of 662 companies were added to the company register for Milton Keynes in 2010. This number represents growth of 36.4% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 972 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Milton Keynes company register grew by 1,171 companies.

    YearMilton KeynesUK
    201066258,126
    2009-310-171,098
    2008732111,302
    20071,171237,354
    2006664205,274
    Record Year2007 (1,171)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Milton Keynes increased by 355 companies.

    Half Year (Jul-Dec)Milton KeynesUK
    201035532,008
    2009169-63,883
    Record Year2007 (396)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Milton Keynes during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 162 companies.

    fourth quarter (Oct 2010 - Dec 2010)Milton KeynesUK
    201016218,221
    2009100847
    Record Year 2003 (211) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in net growth in Milton Keynes when compared to any previous December.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010552087
    Net growth in 2009413722
    Record Year2008 (96)2006 (73)2010 (87)

UK Company Share

  1. Annual Data (2010)

    In 2010 Milton Keynes formed 0.5% of all UK companies. This is no change on 2009 when Milton Keynes was responsible for 0.5% of all UK companies.

    YearMilton Keynes
    20100.5%
    20090.5%
    20080.4%
    20070.4%
    20060.4%
    Record Year (since 1960)2009 (0.5%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Milton Keynes formed 0.5% of all UK companies. This is less than the 2009 figure of 0.6%.

    Half Year (Jul-Dec)Milton Keynes
    20100.5%
    20090.6%
    20080.4%
    20070.5%
    20060.4%
    Record Year (since 1960) 2009 (0.6%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

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

    fourth quarter (Oct 2010 - Dec 2010)Milton Keynes
    20100.5%
    20090.6%
    20080.4%
    20070.5%
    20060.4%
    Record Year (since 1960) 2009 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.5%0.5%0.5%
    UK formation share in 20090.5%0.6%0.6%
    % change3.4%-18.3%-16.7%
    Record Year1970 (0.8%)1991 (0.6%)2009 (0.6%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.6.

    The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 42.9.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 2.5% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.4.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Milton Keynes was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Milton Keynes in 2010 was 27.7%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Milton Keynes was 1860 when 42.9% of all directors were female.

    25.4% of all director appointments in Milton Keynes in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Milton Keynes was in 1977 when 31.1% of all directors were female.

    25.8% of all director appointments in Milton Keynes in the fourth 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 (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.01%CONSULTING5.06%
    MANAGEMENT1.79%MANAGEMENT5.01%
    MK1.46%CONSULTANCY3.14%
    CONSULTANCY1.17%PROPERTY2.36%
    ASSOCIATES0.99%TRADING2.11%
    DESIGN0.84%ASSOCIATES1.95%
    BUSINESS0.84%DESIGN1.92%
    IT0.77%BUSINESS1.82%
    PROPERTY0.69%CONSTRUCTION1.82%
    TRADING0.66%CONSULTANTS1.76%
    INVESTMENTS0.66%MEDIA1.71%
    GLOBAL0.66%ENGINEERING1.62%
    MILTON0.62%LONDON1.60%
    (MK)0.62%CARE1.45%
    CAPITAL0.58%INVESTMENTS1.44%
    ENGINEERING0.58%GLOBAL1.43%
    SYSTEMS0.58%J1.42%
    SECURITY0.55%IT1.41%
    FINANCIAL0.55%PROPERTIES1.34%
    KEYNES0.55%INTERNATIONAL1.34%
    SALES0.55%BUILDING1.34%
    HOUSE0.51%M1.30%
    ESTATES0.47%ELECTRICAL1.25%
    MARKETING0.47%SYSTEMS1.24%
    INTERNATIONAL0.47%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied938199,572
    7487 - Other business activities24163,348
    82990 - Other business support service activities not elsewhere classified11127,550
    70229 - Management consultancy activities other than financial management9614,505
    7414 - Business & management consultancy9513,474
    62020 - Information technology consultancy activities849,177
    99999 - Dormant Company7916,285
    62090 - Other information technology service activities746,330
    7260 - Other computer related activities658,089
    7222 - Other software consultancy and supply647,298
    9999 - Dormant Company6420,144
    7499 - Non-trading company6112,000
    74990 - Non-trading company438,243
    9305 - Other service activities388,858
    74909 - Other professional, scientific and technical activities not elsewhere classified307,088
    96090 - Other service activities not elsewhere classified278,799
    68320 - Management of real estate on a fee or contract basis263,097
    70100 - Activities of head offices242,862
    4521 - General construction & civil engineering236,598
    62012 - Business and domestic software development222,858

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07451977 FRIENDS UNITED CRICKET LIMITED 26 Nov 2010
    07437687 RFMIC CONSULTING LIMITED 11 Nov 2010
    07437667 SIRI GLOBAL LIMITED 11 Nov 2010
    07436739 FAITHFOODS LTD 11 Nov 2010
    07453769 COMPONENT COST REDUCTION LTD 29 Nov 2010
    07450641 MACON LIMITED 25 Nov 2010
    07438725 ZEALPAL LTD 12 Nov 2010
    07434350 INDEPENDENT OIL AND GAS PLC 09 Nov 2010
    07428168 KNIGHTSBRIDGE CENTRAL (8) LIMITED 03 Nov 2010
    07425009 NPR RECRUIT LIMITED 01 Nov 2010
    07450637 PIZZA POT LIMITED 25 Nov 2010
    07440183 AEA UNIVERSAL BUSINESSES LIMITED 15 Nov 2010
    07428352 SAI GLOBAL CIS UK LIMITED 03 Nov 2010
    07455499 MSS CONTROLS LIMITED 30 Nov 2010
    07428451 DANJOBEC LIMITED 03 Nov 2010
    07424866 LEARN AND TRAVEL UK LTD 01 Nov 2010
    07449383 BOXX COMMUNICATIONS LTD 24 Nov 2010
    07446931 SAFETY FIRST CLEANING SERVICES LTD 22 Nov 2010
    07446600 MKPL LTD 22 Nov 2010
    07440191 LICIOUS ENTERTAINMENT LTD 15 Nov 2010
    07436197 DISCOVERY QUARTER MANAGEMENT COMPANY LIMITED 11 Nov 2010
    07431522 SCIDOX LIMITED 05 Nov 2010
    07425625 THE HUB (VERNEY STREET) MANAGEMENT COMPANY LIMITED 01 Nov 2010
    07425480 WAVESTORE PROJECTS LIMITED 01 Nov 2010
    OC359312 BLACKFRIARS TAX SOLUTIONS LLP 05 Nov 2010