Milton Keynes, Buckinghamshire

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Milton Keynes when compared to any previous February.
  • February 2014 saw a new record in company closures in Milton Keynes when compared to any previous February.

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 2014)

    Q1 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.

    A total of 757 companies were registered in Milton Keynes during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 15.6% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Milton KeynesUK
    2014757150,722
    2013655134,802
    % change15.6%11.8%
    Record Year 2014 (757) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Milton Keynes when compared to any previous February.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014232251274
    New companies in 2013233204218
    % change-0.4%23.0%25.7%
    Record Year2012 (240)2014 (251)2007 (283)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 414 companies were dissolved in Milton Keynes during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is a decrease of 1.9% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)Milton KeynesUK
    201441482,370
    201342277,914
    % change-1.9%5.7%
    Record Year 2009 (483) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Milton Keynes when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014132159123
    Closed companies in 2013175133114
    % change-24.6%19.5%8%
    Record Year2013 (175)2014 (159)2009 (350)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Milton Keynes during the first quarter of 2014 (Jan 2014 - Mar 2014) was 343 companies.

    first quarter (Jan 2014 - Mar 2014)Milton KeynesUK
    201434368,352
    201323356,888
    Record Year 2012 (443) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201410092151
    Net growth in 20135871104
    Record Year2012 (130)2012 (141)2007 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Milton Keynes formed 0.5% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Milton Keynes
    20140.5%
    20130.5%
    20120.6%
    20110.5%
    20100.5%
    Record Year (since 1960) 2012 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.5%0.5%0.5%
    UK formation share in 20130.5%0.5%0.5%
    % change-6.8%13.6%4.9%
    Record Year2012 (0.6%)2011 (0.5%)2012 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 42.8.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Milton Keynes was in 2011 when 29.7% of all directors were female.

    27.3% of all director appointments in Milton Keynes in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING2.14%CONSULTING5.22%
    CONSULTANCY1.41%MANAGEMENT4.67%
    MK1.41%CONSULTANCY3.49%
    MANAGEMENT1.41%PROPERTY2.64%
    TRADING0.97%TRADING2.05%
    PROPERTY0.92%LONDON1.88%
    BUSINESS0.87%ENGINEERING1.86%
    IT0.84%CARE1.79%
    CARE0.76%CONSTRUCTION1.75%
    SYSTEMS0.73%DESIGN1.75%
    CONSULTANTS0.68%CONSULTANTS1.73%
    MILTON0.62%BUSINESS1.71%
    RECRUITMENT0.62%PROPERTIES1.60%
    GLOBAL0.54%INVESTMENTS1.60%
    ASSOCIATES0.54%GLOBAL1.58%
    KEYNES0.51%J1.48%
    SALES0.51%ASSOCIATES1.48%
    (MK)0.49%MEDIA1.48%
    ELECTRICAL0.43%IT1.33%
    HEALTH0.41%TRANSPORT1.30%
    DESIGN0.38%DEVELOPMENTS1.29%
    M0.38%BUILDING1.24%
    ENGINEERING0.38%M1.21%
    HEALTHCARE0.38%CAPITAL1.20%
    ENTERPRISE0.38%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,777280,210
    62020 - Information technology consultancy activities26427,750
    82990 - Other business support service activities not elsewhere classified22856,411
    70229 - Management consultancy activities other than financial management21437,882
    99999 - Dormant Company18147,084
    96090 - Other service activities not elsewhere classified16826,700
    62090 - Other information technology service activities14912,813
    74909 - Other professional, scientific and technical activities not elsewhere classified7918,491
    86900 - Other human health activities6710,273
    74990 - Non-trading company6114,135
    62012 - Business and domestic software development589,509
    47910 - Retail sale via mail order houses or via Internet479,358
    41100 - Development of building projects469,855
    49410 - Freight transport by road438,014
    47990 - Other retail sale not in stores, stalls or markets385,988
    68209 - Other letting and operating of own or leased real estate379,284
    78109 - Other activities of employment placement agencies363,840
    63990 - Other information service activities not elsewhere classified345,949
    68100 - Buying and selling of own real estate335,920
    86101 - Hospital activities312,870

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08838346 AFRICONN IMPORT&EXPORT COMPANY LTD 09 Jan 2014
    08839149 ASHLEY YORK HAIR & BEAUTY LIMITED 09 Jan 2014
    OC390491 ENERGY ECO SYSTEM LLP 20 Jan 2014
    08863896 GOTAK CONSULTANCY LIMITED 28 Jan 2014
    08832287 JUST DANCE ACADEMY LIMITED 06 Jan 2014
    08832299 JUSTDANCE SCHOOL LIMITED 06 Jan 2014
    08865282 ALID R LIMITED 28 Jan 2014
    08831924 TY S MEDICAL LIMITED 06 Jan 2014
    08832510 HUNNY BUNNY LTD 06 Jan 2014
    08842266 NAPIER RACING LIMITED 13 Jan 2014
    08844381 EWE MOVE (MK WEST) LIMITED 14 Jan 2014
    08844883 DAVID HACKFORTH PLANNING ASSOCIATES LIMITED 14 Jan 2014
    08845005 CHAKRA TECHNOLOGIES LIMITED 14 Jan 2014
    08835396 PLUMB BUILD LIMITED 07 Jan 2014
    08847306 MASM SOLUTIONS LIMITED 16 Jan 2014
    08854900 CHURCH END COMPUTING LIMITED 21 Jan 2014
    08864988 M3 GLOBAL LIMITED 28 Jan 2014
    08866616 BORRO LIMITED 29 Jan 2014
    08867645 KUNG FUSPHERE LIMITED 29 Jan 2014
    08870698 STARTER MOTORS LIMITED 31 Jan 2014
    08842345 KABIM LIMITED 13 Jan 2014
    08850975 MKACCOUNTANCY-SOLUTION LTD 17 Jan 2014
    08862652 MALINKO LIMITED 27 Jan 2014
    08862817 VENSAR ENTECH SOLUTIONS LTD 27 Jan 2014
    08866555 MNM BUSINESS SOLUTIONS LTD 29 Jan 2014