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Milton Keynes, Buckinghamshire

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.
  • February 2011 saw a new record in company registrations in Milton Keynes when compared to any previous February.
  • January 2011 saw a new record in company registrations in Milton Keynes when compared to any previous January.
  • February 2011 saw a new record in company closures in Milton Keynes when compared to any previous February.
  • January 2011 saw a new record in company closures in Milton Keynes when compared to any previous January.
  • Q1 2011 saw a new record in UK company share in Milton Keynes when compared to any previous Q1.

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 2011)

    Q1 2011 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.

    A total of 604 companies were registered in Milton Keynes during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 12.7% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Milton KeynesUK
    2011604116,391
    2010536105,137
    % change12.7%10.7%
    Record Year 2011 (604) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company registrations in Milton Keynes when compared to any previous February.

    January 2011 saw a new record in company registrations in Milton Keynes when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011193201210
    New companies in 2010134168234
    % change44.0%19.6%-10.3%
    Record Year2011 (193)2011 (201)2007 (283)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    A total of 387 companies were dissolved in Milton Keynes during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 15.2% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)Milton KeynesUK
    201138790,986
    201033682,677
    % change15.2%10.0%
    Record Year 2009 (483) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Milton Keynes when compared to any previous February.

    January 2011 saw a new record in company closures in Milton Keynes when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011140120127
    Closed companies in 20109495147
    % change48.9%26.3%-14%
    Record Year2011 (140)2011 (120)2009 (350)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Milton Keynes during the first quarter of 2011 (Jan 2011 - Mar 2011) was 217 companies.

    first quarter (Jan 2011 - Mar 2011)Milton KeynesUK
    201121725,405
    201020022,460
    Record Year 2007 (342) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011538183
    Net growth in 2010407387
    Record Year2003 (70)2007 (93)2007 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Milton Keynes formed 0.5% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Milton Keynes
    20110.5%
    20100.5%
    20090.4%
    20080.4%
    20070.3%
    Record Year (since 1960) 2011 (0.5%)
    Company Share by Quarter

    Q1 2011 saw a new record in UK company share in Milton Keynes when compared to any previous Q1.

  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.6%0.5%0.5%
    UK formation share in 20100.5%0.5%0.5%
    % change24.2%5.2%-14.4%
    Record Year1968 (1.0%)1975 (0.9%)2010 (0.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.3.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

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

    30.5% of all director appointments in Milton Keynes in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.95%CONSULTING5.04%
    CONSULTING1.88%MANAGEMENT4.97%
    CONSULTANCY1.24%CONSULTANCY3.16%
    MK1.17%PROPERTY2.38%
    BUSINESS0.89%TRADING2.10%
    ASSOCIATES0.89%DESIGN1.93%
    PROPERTY0.85%ASSOCIATES1.92%
    MILTON0.78%BUSINESS1.87%
    TRADING0.75%CONSTRUCTION1.80%
    CAPITAL0.67%CONSULTANTS1.76%
    KEYNES0.67%MEDIA1.69%
    INVESTMENTS0.64%ENGINEERING1.61%
    DESIGN0.64%LONDON1.60%
    CONSULTANTS0.64%CARE1.45%
    SECURITY0.57%J1.45%
    IT0.57%GLOBAL1.44%
    HOUSE0.53%INVESTMENTS1.43%
    GLOBAL0.53%IT1.41%
    GROUP0.53%PROPERTIES1.36%
    (MK)0.50%BUILDING1.34%
    ENGINEERING0.50%M1.30%
    CONSTRUCTION0.50%ELECTRICAL1.28%
    SALES0.50%S1.24%
    ENTERPRISES0.46%INTERNATIONAL1.23%
    FINANCIAL0.46%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,001202,798
    7487 - Other business activities23260,968
    82990 - Other business support service activities not elsewhere classified13330,253
    62020 - Information technology consultancy activities10010,246
    70229 - Management consultancy activities other than financial management10016,150
    7414 - Business & management consultancy8712,916
    99999 - Dormant Company8718,336
    62090 - Other information technology service activities806,996
    7222 - Other software consultancy and supply617,000
    7260 - Other computer related activities607,789
    9999 - Dormant Company5719,765
    7499 - Non-trading company5411,316
    74990 - Non-trading company498,695
    96090 - Other service activities not elsewhere classified3710,085
    9305 - Other service activities348,740
    74909 - Other professional, scientific and technical activities not elsewhere classified327,788
    70100 - Activities of head offices282,849
    68320 - Management of real estate on a fee or contract basis243,220
    4521 - General construction & civil engineering246,183
    62012 - Business and domestic software development233,168

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07536764 FLEXIBLE INVOICE FINANCE LIMITED 21 Feb 2011
    07530702 EXTAGON LIMITED 15 Feb 2011
    07522325 BESPOKE CONTRACTING SERVICES LIMITED 09 Feb 2011
    07522000 HR FERNANDEZ CONSULTING LIMITED 08 Feb 2011
    07521120 BESPOKE HOME IMPROVEMENT GROUP LIMITED 08 Feb 2011
    07513925 SARUM ENGINEERING LIMITED 02 Feb 2011
    OC362096 MULTITRANS LOGISTICS LLP 23 Feb 2011
    OC362137 PALIRTEKS TRADE LLP 24 Feb 2011
    OC362155 WENTUR SALES LLP 24 Feb 2011
    OC362160 VINCENITY TRADING LLP 24 Feb 2011
    OC362161 ALBERTEKS SOLUTIONS LLP 24 Feb 2011
    07522447 KHIMJI GOWA PRIVATE LTD 09 Feb 2011
    07544785 DYNAMIC SOFTWARE PROFESSIONALS LTD 28 Feb 2011
    07530676 GAC PROPERTY CARE LIMITED 15 Feb 2011
    07514687 HOTBED GENERAL PARTNER (CAMBERLEY) LIMITED 02 Feb 2011
    07537156 MISTER BALU LIMITED 21 Feb 2011
    07536230 PROLECTRA LIMITED 21 Feb 2011
    07524312 ATAB & COMPANY LIMITED 10 Feb 2011
    07522396 SEEBECK 64 LIMITED 09 Feb 2011
    07536301 WESTERN LINKS LIMITED 21 Feb 2011
    07533249 CHINESE PERFORMING ARTS CENTRE LTD 17 Feb 2011
    07530602 REBRANDING AFRICA C.I.C. 15 Feb 2011
    07530574 ENTERPRISE PLACE LIMITED 15 Feb 2011
    07521902 MILTON KEYNES CYCLING ASSOCIATION LIMITED 08 Feb 2011
    07512041 1STPACKAGEWORKS LTD 01 Feb 2011