Milton Keynes, Buckinghamshire

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Milton Keynes when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Milton Keynes when compared to any previous second half year.
  • The second half of 2014 saw a new record in company closures in Milton Keynes when compared to any previous second half year.
  • December 2014 saw a new record in company closures in Milton Keynes when compared to any previous December.
  • November 2014 saw a new record in company closures in Milton Keynes when compared to any previous November.

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. Annual Data (2014)

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

    A total of 2,921 companies were formed in Milton Keynes in 2014. This total is 9.3% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearMilton KeynesUK
    20142,921582,051
    20132,673529,363
    20122,724491,893
    20112,414452,870
    20101,986400,358
    Record Year2014 (2,921)2014 (582,051)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 1,392 companies were formed in Milton Keynes. This figure is 2.8% higher than last year, which compares badly to the UK wide figure of 8.2%.

    The highest total for a second half year in Milton Keynes occurred in 2014 when a total of 1,392 were formed.

    Half Year (Jul-Dec)Milton KeynesUK
    20141,392281,320
    20131,354259,931
    % change2.8%8.2%
    Record Year2014 (1,392)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 664 companies were registered in Milton Keynes during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 1.3% versus the same period last year (Q4 2013). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Milton KeynesUK
    2014664137,906
    2013673127,247
    % change-1.3%8.4%
    Record Year 2012 (691) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014254224186
    New companies in 2013276200197
    % change-8.0%12.0%-5.6%
    Record Year2012 (306)2012 (244)2013 (197)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 2,094 companies were dissolved in Milton Keynes in 2014. This total is 21.4% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.

    YearMilton KeynesUK
    20142,094367,937
    20131,725332,213
    20121,361293,729
    20111,407314,524
    20101,324342,233
    Record Year2009 (2,130)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

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

    In the second half of 2014 a total of 1,058 companies were dissolved in Milton Keynes. This figure is 24.6% higher than last year, which compares badly to the UK wide change of 7.7%.

    The highest total for a second half year in Milton Keynes occurred in 2014 when a total of 1,058 were closed.

    Half Year (Jul-Dec)Milton KeynesUK
    20141,058190,730
    2013849177,021
    % change24.6%7.7%
    Record Year2014 (1,058)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 503 companies were dissolved in Milton Keynes during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 12.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.

    fourth quarter (Oct 2014 - Dec 2014)Milton KeynesUK
    201450389,060
    201344690,851
    % change12.8%-2.0%
    Record Year 2014 (503) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

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

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2014162151190
    Closed companies in 2013185128133
    % change-12.4%18.0%43%
    Record Year2013 (185)2014 (151)2014 (190)

Net Company Growth

  1. Annual Data (2014)

    A total of 827 companies were added to the company register for Milton Keynes in 2014. This number represents growth of 28.3% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.

    This number is 121 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Milton Keynes company register grew by 1,363 companies.

    YearMilton KeynesUK
    2014827214,114
    2013948197,150
    20121,363198,164
    20111,007138,346
    201066258,125
    Record Year2012 (1,363)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Milton Keynes increased by 334 companies.

    Half Year (Jul-Dec)Milton KeynesUK
    201433490,590
    201350582,910
    Record Year2012 (682)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Milton Keynes during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 161 companies.

    fourth quarter (Oct 2014 - Dec 2014)Milton KeynesUK
    201416148,846
    201322736,396
    Record Year 2012 (379) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20149273-4
    Net growth in 2013917264
    Record Year2012 (158)2012 (145)2010 (87)

UK Company Share

  1. Annual Data (2014)

    In 2014 Milton Keynes formed 0.5% of all UK companies. This is no change on 2013 when Milton Keynes was responsible for 0.5% of all UK companies.

    YearMilton Keynes
    20140.5%
    20130.5%
    20120.6%
    20110.5%
    20100.5%
    Record Year (since 1960)2012 (0.6%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second 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 (Jul-Dec)Milton Keynes
    20140.5%
    20130.5%
    20120.6%
    20110.5%
    20100.5%
    Record Year (since 1960) 2012 (0.6%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

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

    fourth quarter (Oct 2014 - Dec 2014)Milton Keynes
    20140.5%
    20130.5%
    20120.6%
    20110.5%
    20100.5%
    Record Year (since 1960) 2012 (0.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.5%0.5%0.5%
    UK formation share in 20130.6%0.5%0.6%
    % change-12.4%6.3%-19.2%
    Record Year2012 (0.7%)1948 (1.0%)2009 (0.6%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 43.2.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.0%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2014)

    The average age of a director in the second half of 2014 was 43.3.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.5%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The average age of a director in the fourth quarter of 2014 was 43.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2014)

    The record year for female directors in Milton Keynes was 1986 when 42.9% of all directors were female.

    The percentage of female directors in Milton Keynes in 2014 was 27.3%. The average for the UK during this time was 26.1%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2014)

    The record second half year for female directors in Milton Keynes was 2007 when 27.8% of all directors were female.

    26.0% of all director appointments in Milton Keynes in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    The record fourth quarter for female directors in Milton Keynes was in 2013 when 29.1% of all directors were female.

    25.2% of all director appointments in Milton Keynes in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.47%CONSULTING5.22%
    CONSULTANCY1.48%MANAGEMENT4.58%
    MK1.35%CONSULTANCY3.57%
    CARE1.17%PROPERTY2.66%
    MANAGEMENT1.12%CONSTRUCTION2.12%
    ENGINEERING1.07%ENGINEERING2.10%
    PROPERTY0.89%CARE2.02%
    TRADING0.84%TRADING1.94%
    IT0.71%LONDON1.93%
    BUSINESS0.64%TRANSPORT1.93%
    SYSTEMS0.61%DESIGN1.66%
    HEALTHCARE0.59%CONSULTANTS1.64%
    CONSULTANTS0.54%ELECTRICAL1.62%
    TECH0.51%PROPERTIES1.62%
    GLOBAL0.51%BUSINESS1.56%
    RECRUITMENT0.46%J1.54%
    ASSOCIATES0.46%CO.,1.50%
    (MK)0.43%GLOBAL1.49%
    BUILDING0.43%INVESTMENTS1.48%
    ENTERPRISES0.43%ASSOCIATES1.47%
    INVESTMENTS0.41%DEVELOPMENTS1.35%
    DESIGN0.38%MEDIA1.33%
    ELECTRICAL0.38%IT1.31%
    R0.36%BUILDING1.29%
    MARKETING0.36%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,725265,608
    62020 - Information technology consultancy activities28230,178
    70229 - Management consultancy activities other than financial management25342,290
    99999 - Dormant Company20748,509
    82990 - Other business support service activities not elsewhere classified18558,068
    96090 - Other service activities not elsewhere classified14629,009
    62090 - Other information technology service activities11612,837
    86900 - Other human health activities8012,976
    74909 - Other professional, scientific and technical activities not elsewhere classified6919,049
    49410 - Freight transport by road6510,842
    68209 - Other letting and operating of own or leased real estate5711,212
    74990 - Non-trading company5313,984
    62012 - Business and domestic software development529,752
    86101 - Hospital activities484,366
    47910 - Retail sale via mail order houses or via Internet4710,107
    41100 - Development of building projects4411,397
    47990 - Other retail sale not in stores, stalls or markets446,452
    69201 - Accounting and auditing activities397,528
    86210 - General medical practice activities364,591
    78109 - Other activities of employment placement agencies354,182

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09296464 KIDD AVIATION LIMITED 05 Nov 2014
    09315081 DOWSON CLEANERS LIMITED 17 Nov 2014
    09325500 JAPANESE ENGINEERING SERVICES LTD 24 Nov 2014
    09292917 AUTOTEST TEAM LTD 03 Nov 2014
    09312348 SINGING BOWL LIMITED 14 Nov 2014
    09316350 BRAD79 LIMITED 18 Nov 2014
    09322510 DOCUWRITE BUILDING DOCUMENTAION SERVICES LTD 21 Nov 2014
    09324537 JMN - DC6 HOUSE LTD. 24 Nov 2014
    09330619 ESSEMEN LTD 27 Nov 2014
    09301334 THE TOTS CAFE CIC 07 Nov 2014
    09325878 UK RETAILER LTD 25 Nov 2014
    09298034 INSPIRED FOOD CO. LTD 06 Nov 2014
    09300344 ARIFKEKLIK LIMITED 07 Nov 2014
    09300875 STANIMIR PASHOV LTD 07 Nov 2014
    09301107 QUASAR SOFTWARE SOLUTIONS LIMITED 07 Nov 2014
    09322944 KAM HEALTHCARE LIMITED 21 Nov 2014
    09323200 WILBERT SOFTWARE CONSULTANTS LIMITED 21 Nov 2014
    09296015 TANNYA LIMITED 05 Nov 2014
    09300832 MARIAN CARE LIMITED 07 Nov 2014
    09305541 CONCRETE COW PRESS LIMITED 11 Nov 2014
    09312466 DOING RECORDS LTD 14 Nov 2014
    09321582 TAWANDA CARE LIMITED 20 Nov 2014
    09323638 68000 GAMES INC LIMITED 24 Nov 2014
    09326446 ZOGI SECURITY LIMITED 25 Nov 2014
    09306004 REEDY SOLUTIONS LIMITED 11 Nov 2014