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
New Company Registrations
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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.
Year Milton Keynes UK 2010 1,986 400,358 2009 1,820 362,675 2008 1,550 349,203 2007 2,047 457,649 2006 1,572 405,440 Record Year 2007 (2,047) 2007 (457,649) New Companies by Year
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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 Keynes UK 2010 1,001 196,609 2009 1,005 180,654 % change -0.4% 8.8% Record Year 2009 (1,005) 2003 (201,446) New Companies by Half Year
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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 Keynes UK 2010 483 95,117 2009 490 85,983 % change -1.4% 10.6% Record Year 2009 (490) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 183 160 140 New companies in 2009 155 175 160 % change 18.1% -8.6% -12.5% Record Year 2010 (183) 2009 (175) 2009 (160)
Closed Companies (dissolved)
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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.
Year Milton Keynes UK 2010 1,324 342,232 2009 2,130 533,773 2008 818 237,901 2007 876 220,295 2006 908 200,166 Record Year 2009 (2,130) 2009 (533,773) Dissolved Companies by Year
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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 Keynes UK 2010 646 164,601 2009 836 244,537 % change -22.7% -32.7% Record Year 2009 (836) 2009 (244,537) Dissolved Companies by Half Year
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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 Keynes UK 2010 321 76,896 2009 390 85,136 % change -17.7% -9.7% Record Year 2009 (390) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 128 140 53 Closed companies in 2009 114 138 138 % change 12.3% 1.4% -62% Record Year 2010 (128) 2010 (140) 2004 (145)
Net Company Growth
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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.
Year Milton Keynes UK 2010 662 58,126 2009 -310 -171,098 2008 732 111,302 2007 1,171 237,354 2006 664 205,274 Record Year 2007 (1,171) 2003 (242,543) Net Growth by Year
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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 Keynes UK 2010 355 32,008 2009 169 -63,883 Record Year 2007 (396) 2003 (117,772) Net Growth by Half Year
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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 Keynes UK 2010 162 18,221 2009 100 847 Record Year 2003 (211) 2003 (57,175) Net Growth by Quarter
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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
October November December Net growth in 2010 55 20 87 Net growth in 2009 41 37 22 Record Year 2008 (96) 2006 (73) 2010 (87)
UK Company Share
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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.
Year Milton Keynes 2010 0.5% 2009 0.5% 2008 0.4% 2007 0.4% 2006 0.4% Record Year (since 1960) 2009 (0.5%) Company Share by Year
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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 2010 0.5% 2009 0.6% 2008 0.4% 2007 0.5% 2006 0.4% Record Year (since 1960) 2009 (0.6%) Company Share by Half Year
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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 2010 0.5% 2009 0.6% 2008 0.4% 2007 0.5% 2006 0.4% Record Year (since 1960) 2009 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.5% 0.5% 0.5% UK formation share in 2009 0.5% 0.6% 0.6% % change 3.4% -18.3% -16.7% Record Year 1970 (0.8%) 1991 (0.6%) 2009 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.01% CONSULTING 5.06% MANAGEMENT 1.79% MANAGEMENT 5.01% MK 1.46% CONSULTANCY 3.14% CONSULTANCY 1.17% PROPERTY 2.36% ASSOCIATES 0.99% TRADING 2.11% DESIGN 0.84% ASSOCIATES 1.95% BUSINESS 0.84% DESIGN 1.92% IT 0.77% BUSINESS 1.82% PROPERTY 0.69% CONSTRUCTION 1.82% TRADING 0.66% CONSULTANTS 1.76% INVESTMENTS 0.66% MEDIA 1.71% GLOBAL 0.66% ENGINEERING 1.62% MILTON 0.62% LONDON 1.60% (MK) 0.62% CARE 1.45% CAPITAL 0.58% INVESTMENTS 1.44% ENGINEERING 0.58% GLOBAL 1.43% SYSTEMS 0.58% J 1.42% SECURITY 0.55% IT 1.41% FINANCIAL 0.55% PROPERTIES 1.34% KEYNES 0.55% INTERNATIONAL 1.34% SALES 0.55% BUILDING 1.34% HOUSE 0.51% M 1.30% ESTATES 0.47% ELECTRICAL 1.25% MARKETING 0.47% SYSTEMS 1.24% INTERNATIONAL 0.47% S 1.23%
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 938 199,572 7487 - Other business activities 241 63,348 82990 - Other business support service activities not elsewhere classified 111 27,550 70229 - Management consultancy activities other than financial management 96 14,505 7414 - Business & management consultancy 95 13,474 62020 - Information technology consultancy activities 84 9,177 99999 - Dormant Company 79 16,285 62090 - Other information technology service activities 74 6,330 7260 - Other computer related activities 65 8,089 7222 - Other software consultancy and supply 64 7,298 9999 - Dormant Company 64 20,144 7499 - Non-trading company 61 12,000 74990 - Non-trading company 43 8,243 9305 - Other service activities 38 8,858 74909 - Other professional, scientific and technical activities not elsewhere classified 30 7,088 96090 - Other service activities not elsewhere classified 27 8,799 68320 - Management of real estate on a fee or contract basis 26 3,097 70100 - Activities of head offices 24 2,862 4521 - General construction & civil engineering 23 6,598 62012 - Business and domestic software development 22 2,858
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07473615 FADEC LIMITED 20 Dec 2010 07464028 UNITED CAR HIRE LIMITED 08 Dec 2010 07463732 MKINSTALLS LIMITED 08 Dec 2010 OC360310 RESVENT RESEARCH LLP 15 Dec 2010 07468132 M.K. CAR SALES LIMITED 13 Dec 2010 07463512 M&T AVIATION LTD 08 Dec 2010 07460593 ROBIN HOOD FURNITURE LIMITED 06 Dec 2010 07460020 FRANOMO LIMITED 03 Dec 2010 07458176 ARISEN SOLUTIONS LIMITED 02 Dec 2010 07473279 DOXDESK LTD 20 Dec 2010 07467103 SORIN BARA4U LIMITED 13 Dec 2010 07466941 MIRELA BARA LIMITED 13 Dec 2010 07457573 SVANTEK UK LTD 02 Dec 2010 07468270 COME AND GET I.T. LTD 13 Dec 2010 07467700 LEON ESTATES LTD 13 Dec 2010 07459390 POPCORN LEISURE LTD 03 Dec 2010 07469860 HAYER TECHNOLOGIES LIMITED 15 Dec 2010 07458598 CJG ENTERTAINMENT LTD 02 Dec 2010 07475842 VIRTUAL CONSULTING CHAMBERS LTD 22 Dec 2010 07470683 ENVIRONMENTAL PLANNING STRATEGIES LIMITED 15 Dec 2010 07467912 TB BUSINESS & FINANCIAL MANAGEMENT LIMITED 13 Dec 2010 07462939 SHOO 523 LIMITED 07 Dec 2010 07469407 TOREB LIMITED 14 Dec 2010 07467910 M K TLS LTD 13 Dec 2010 07466209 ADAM ACCOUNTING SERVICES LTD 10 Dec 2010
reports
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