Milton Keynes, Buckinghamshire

2014 Half Year Business Confidence Report

Headlines

  • The first half of 2014 saw a new record in company registrations in Milton Keynes when compared to any previous first half year.
  • The first half of 2014 was a record first half year for company registrations in Milton Keynes when compared to any half year in history.
  • Q2 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q2.
  • Q2 2014 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.
  • May 2014 saw a new record in company registrations in Milton Keynes when compared to any previous May.
  • June 2014 saw a new record in company closures in Milton Keynes when compared to any previous June.
  • The record first half year for female directors in Milton Keynes was 2014 when 28.6% of all directors were female.
  • The record second quarter for female directors in Milton Keynes was in 2014 when 29.7% of all directors were female.

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 2014)

    The first half of 2014 saw a new record in company registrations in Milton Keynes when compared to any previous first half year.

    The first half of 2014 was a record first half year for company registrations in Milton Keynes when compared to any half year in history.

    In the first half of 2014 a total of 1,529 companies were formed in Milton Keynes. This figure is 15.9% higher than last year, which compares well to the UK wide figure of 11.6%.

    The highest total for a first half year in Milton Keynes occurred in 2014 when a total of 1,529 were formed.

    Half Year (Jan-Jun)Milton KeynesUK
    20141,529300,731
    20131,319269,432
    % change15.9%11.6%
    Record Year2014 (1,529)2014 (300,731)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Q2 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q2.

    Q2 2014 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.

    A total of 772 companies were registered in Milton Keynes during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 16.3% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 11.4% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Milton KeynesUK
    2014772150,009
    2013664134,630
    % change16.3%11.4%
    Record Year 2014 (772) 2014 (150,009)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    New Companies by Month
    AprilMayJune
    New companies in 2014308232232
    New companies in 2013235195234
    % change31.1%19.0%-0.9%
    Record Year2007 (316)2014 (232)2013 (234)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 a total of 1,036 companies were dissolved in Milton Keynes. This figure is 18.3% higher than last year, which compares badly to the UK wide change of 14.2%.

    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
    20141,036177,207
    2013876155,192
    % change18.3%14.2%
    Record Year2009 (1,294)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    A total of 622 companies were dissolved in Milton Keynes during the second quarter of 2014 (Apr 2014 - Jun 2014).

    This figure is an increase of 37.0% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.

    second quarter (Apr 2014 - Jun 2014)Milton KeynesUK
    201462294,837
    201345477,278
    % change37.0%22.7%
    Record Year 2009 (811) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

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

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201491296235
    Closed companies in 2013171104179
    % change-46.8%184.6%31%
    Record Year2009 (250)2009 (354)2014 (235)

Net Company Growth

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 the company register for Milton Keynes increased by 493 companies.

    Half Year (Jan-Jun)Milton KeynesUK
    2014493123,524
    2013443114,240
    Record Year2007 (776)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    Net company growth for Milton Keynes during the second quarter of 2014 (Apr 2014 - Jun 2014) was 150 companies.

    second quarter (Apr 2014 - Jun 2014)Milton KeynesUK
    201415055,172
    201321057,352
    Record Year 2007 (434) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Net Growth by Month
    AprilMayJune
    Net growth in 2014217-64-3
    Net growth in 2013649155
    Record Year2007 (270)2013 (91)2011 (123)

UK Company Share

  1. Half Year Data (Jan-Jun 2014)

    In the first half of 2014 Milton Keynes formed 0.5% of all UK companies. This is the same as the 2013 figure of 0.5%.

    Half Year (Jan-Jun)Milton Keynes
    20140.5%
    20130.5%
    20120.5%
    20110.5%
    20100.5%
    Record Year (since 1960) 2012 (0.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

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

    second quarter (Apr 2014 - Jun 2014)Milton Keynes
    20140.5%
    20130.5%
    20120.5%
    20110.6%
    20100.5%
    Record Year (since 1960) 2007 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.6%0.5%0.5%
    UK formation share in 20130.5%0.4%0.6%
    % change18.2%9.8%-14.1%
    Record Year2007 (0.8%)2011 (0.6%)2012 (0.6%)

Director Age

  1. Half Year Data (Jan-Jun 2014)

    The average age of a director in the first half of 2014 was 43.2.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The average age of a director in the second quarter of 2014 was 43.5.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.9%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2014)

    The record first half year for female directors in Milton Keynes was 2014 when 28.6% of all directors were female.

    28.6% of all director appointments in Milton Keynes in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2014)

    The record second quarter for female directors in Milton Keynes was in 2014 when 29.7% of all directors were female.

    29.7% of all director appointments in Milton Keynes in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.28%CONSULTING5.16%
    CONSULTANCY1.50%MANAGEMENT4.64%
    MK1.25%CONSULTANCY3.50%
    MANAGEMENT1.19%PROPERTY2.66%
    CARE0.91%TRADING2.03%
    PROPERTY0.86%ENGINEERING1.99%
    IT0.86%CONSTRUCTION1.93%
    BUSINESS0.83%LONDON1.93%
    ENGINEERING0.78%CARE1.85%
    TRADING0.78%DESIGN1.75%
    SYSTEMS0.65%CONSULTANTS1.73%
    CONSULTANTS0.62%BUSINESS1.69%
    RECRUITMENT0.57%PROPERTIES1.63%
    ASSOCIATES0.54%TRANSPORT1.58%
    ELECTRICAL0.52%GLOBAL1.55%
    SALES0.49%INVESTMENTS1.55%
    GLOBAL0.49%J1.51%
    (MK)0.47%ASSOCIATES1.48%
    HEALTH0.47%MEDIA1.44%
    ENTERPRISES0.44%ELECTRICAL1.40%
    MILTON0.44%IT1.33%
    HOUSE0.42%DEVELOPMENTS1.33%
    DESIGN0.39%BUILDING1.26%
    HEALTHCARE0.39%M1.24%
    MARKETING0.36%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,745261,557
    62020 - Information technology consultancy activities26729,029
    82990 - Other business support service activities not elsewhere classified23757,421
    70229 - Management consultancy activities other than financial management23040,250
    99999 - Dormant Company17948,436
    96090 - Other service activities not elsewhere classified14928,352
    62090 - Other information technology service activities14213,024
    74909 - Other professional, scientific and technical activities not elsewhere classified7519,058
    86900 - Other human health activities7411,292
    62012 - Business and domestic software development619,834
    74990 - Non-trading company6014,351
    49410 - Freight transport by road539,265
    41100 - Development of building projects4710,527
    47910 - Retail sale via mail order houses or via Internet479,900
    47990 - Other retail sale not in stores, stalls or markets456,286
    68209 - Other letting and operating of own or leased real estate4310,133
    63990 - Other information service activities not elsewhere classified366,099
    78109 - Other activities of employment placement agencies354,076
    86101 - Hospital activities333,357
    68100 - Buying and selling of own real estate336,413

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09051919 MLC DISTRIBUTION LIMITED 22 May 2014
    09020860 AL-SHIFA SMILE LIMITED 01 May 2014
    09047605 HASHTAG MECHANIC LIMITED 20 May 2014
    09053894 SHIBE TRADING LTD. 23 May 2014
    09054680 ELECTRICAL POWER AND LIGHTING LIMITED 23 May 2014
    09064040 MONTAGUE AIRCRAFT MAINTENANCE SERVICES LIMITED 30 May 2014
    09028204 DD CONTRACTORS LIMITED 07 May 2014
    09037889 GLOBAL P3 CONSULTING LIMITED 13 May 2014
    09041912 KM CARE CONSULTANCY LIMITED 15 May 2014
    09021705 STARLITE RECRUITMENT LTD 01 May 2014
    09040112 BLACK SHED WORKS LIMITED 14 May 2014
    09059561 VEEBOX LIMITED 28 May 2014
    09060230 LEF CONSULTING LIMITED 28 May 2014
    09060374 DELTA DEFENCE LIMITED 28 May 2014
    09060493 THE HADASSAH NETWORK 28 May 2014
    09060732 HOWELL RADIOGRAPHY LTD 29 May 2014
    09054305 NTEGRATE LTD 23 May 2014
    09054433 ROBUST BUILDING SERVICES LIMITED 23 May 2014
    09054435 BURGESS CEP LIMITED 23 May 2014
    09054730 SPRINGS CONSULTANCY LTD. 23 May 2014
    09023251 SHLADYS LTD 02 May 2014
    09025027 F E D DEVELOPMENT LIMITED 06 May 2014
    09038400 ESSENDON ACCOUNTS & TAX LIMITED 13 May 2014
    09057064 STESS HEALTH CARE LTD 27 May 2014
    09060666 REFORM SYSTEMS LTD 28 May 2014