Milton Keynes, Buckinghamshire
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q3.
- July 2014 saw a new record in company registrations in Milton Keynes when compared to any previous July.
- July 2014 saw a new record in company closures in Milton Keynes when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Milton Keynes when compared to any previous Q3.
A total of 728 companies were registered in Milton Keynes during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 6.9% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Milton Keynes UK 2014 728 143,414 2013 681 132,684 % change 6.9% 8.1% Record Year 2014 (728) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company registrations in Milton Keynes when compared to any previous July.
New Companies by Month
July August September New companies in 2014 292 204 232 New companies in 2013 200 234 247 % change 46.0% -12.8% -6.1% Record Year 2014 (292) 2012 (248) 2013 (247)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 555 companies were dissolved in Milton Keynes during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 37.7% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Milton Keynes UK 2014 555 101,670 2013 403 86,170 % change 37.7% 18.0% Record Year 2014 (555) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Milton Keynes when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2014 264 122 169 Closed companies in 2013 127 101 175 % change 107.9% 20.8% -3% Record Year 2014 (264) 2008 (230) 2009 (199)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Milton Keynes during the third quarter of 2014 (Jul 2014 - Sep 2014) was 173 companies.
third quarter (Jul 2014 - Sep 2014) Milton Keynes UK 2014 173 41,744 2013 278 46,514 Record Year 2011 (324) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
July August September Net growth in 2014 28 82 63 Net growth in 2013 73 133 72 Record Year 2012 (106) 2013 (133) 2010 (105)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Milton Keynes formed 0.5% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Milton Keynes 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.6% 2010 0.5% Record Year (since 1960) 2012 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.6% 0.5% 0.5% UK formation share in 2013 0.4% 0.6% 0.6% % change 32.6% -16.9% -13.8% Record Year 2009 (0.6%) 2012 (0.6%) 1997 (0.6%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 42.9.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Milton Keynes was in 2009 when 29.5% of all directors were female.
26.9% of all director appointments in Milton Keynes in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.43% CONSULTING 5.17% CONSULTANCY 1.42% MANAGEMENT 4.63% MK 1.29% CONSULTANCY 3.55% CARE 1.14% PROPERTY 2.62% MANAGEMENT 1.06% ENGINEERING 2.07% ENGINEERING 0.91% CONSTRUCTION 2.05% IT 0.86% TRADING 2.00% PROPERTY 0.86% LONDON 1.95% TRADING 0.78% CARE 1.94% BUSINESS 0.73% TRANSPORT 1.76% SYSTEMS 0.58% DESIGN 1.70% ASSOCIATES 0.58% CONSULTANTS 1.70% HEALTHCARE 0.56% PROPERTIES 1.63% CONSULTANTS 0.53% BUSINESS 1.62% ENTERPRISES 0.53% J 1.53% (MK) 0.48% ELECTRICAL 1.53% TECH 0.43% GLOBAL 1.51% GLOBAL 0.43% INVESTMENTS 1.50% SALES 0.43% ASSOCIATES 1.48% ELECTRICAL 0.43% MEDIA 1.38% MARKETING 0.38% CO., 1.36% HEALTH 0.38% DEVELOPMENTS 1.35% DESIGN 0.38% BUILDING 1.30% RECRUITMENT 0.35% IT 1.30% BUILDING 0.35% M 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 1,795 278,481 62020 - Information technology consultancy activities 263 29,313 70229 - Management consultancy activities other than financial management 241 40,717 82990 - Other business support service activities not elsewhere classified 218 57,264 99999 - Dormant Company 196 48,286 96090 - Other service activities not elsewhere classified 144 28,224 62090 - Other information technology service activities 130 12,795 86900 - Other human health activities 74 11,807 74909 - Other professional, scientific and technical activities not elsewhere classified 73 18,890 49410 - Freight transport by road 60 9,960 74990 - Non-trading company 56 14,006 62012 - Business and domestic software development 56 9,675 68209 - Other letting and operating of own or leased real estate 54 10,361 47910 - Retail sale via mail order houses or via Internet 48 9,914 47990 - Other retail sale not in stores, stalls or markets 46 6,327 41100 - Development of building projects 43 10,604 86101 - Hospital activities 36 3,680 63990 - Other information service activities not elsewhere classified 36 5,940 78109 - Other activities of employment placement agencies 35 4,093 69201 - Accounting and auditing activities 34 7,401
Recent Companies
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Randomly selected companies from this quarter
reports
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