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
New Company Registrations
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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.
Year Milton Keynes UK 2014 2,921 582,051 2013 2,673 529,363 2012 2,724 491,893 2011 2,414 452,870 2010 1,986 400,358 Record Year 2014 (2,921) 2014 (582,051) New Companies by Year
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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 Keynes UK 2014 1,392 281,320 2013 1,354 259,931 % change 2.8% 8.2% Record Year 2014 (1,392) 2014 (281,320) New Companies by Half Year
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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 Keynes UK 2014 664 137,906 2013 673 127,247 % change -1.3% 8.4% Record Year 2012 (691) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 254 224 186 New companies in 2013 276 200 197 % change -8.0% 12.0% -5.6% Record Year 2012 (306) 2012 (244) 2013 (197)
Closed Companies (dissolved)
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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.
Year Milton Keynes UK 2014 2,094 367,937 2013 1,725 332,213 2012 1,361 293,729 2011 1,407 314,524 2010 1,324 342,233 Record Year 2009 (2,130) 2009 (533,789) Dissolved Companies by Year
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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 Keynes UK 2014 1,058 190,730 2013 849 177,021 % change 24.6% 7.7% Record Year 2014 (1,058) 2009 (244,544) Dissolved Companies by Half Year
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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 Keynes UK 2014 503 89,060 2013 446 90,851 % change 12.8% -2.0% Record Year 2014 (503) 2013 (90,851) Dissolved Companies by Quarter
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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
October November December Closed companies in 2014 162 151 190 Closed companies in 2013 185 128 133 % change -12.4% 18.0% 43% Record Year 2013 (185) 2014 (151) 2014 (190)
Net Company Growth
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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.
Year Milton Keynes UK 2014 827 214,114 2013 948 197,150 2012 1,363 198,164 2011 1,007 138,346 2010 662 58,125 Record Year 2012 (1,363) 2007 (237,353) Net Growth by Year
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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 Keynes UK 2014 334 90,590 2013 505 82,910 Record Year 2012 (682) 2003 (117,772) Net Growth by Half Year
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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 Keynes UK 2014 161 48,846 2013 227 36,396 Record Year 2012 (379) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 92 73 -4 Net growth in 2013 91 72 64 Record Year 2012 (158) 2012 (145) 2010 (87)
UK Company Share
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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.
Year Milton Keynes 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.5% 2010 0.5% Record Year (since 1960) 2012 (0.6%) Company Share by Year
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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 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.5% 2010 0.5% Record Year (since 1960) 2012 (0.6%) Company Share by Half Year
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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 2014 0.5% 2013 0.5% 2012 0.6% 2011 0.5% 2010 0.5% Record Year (since 1960) 2012 (0.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.5% 0.5% 0.5% UK formation share in 2013 0.6% 0.5% 0.6% % change -12.4% 6.3% -19.2% Record Year 2012 (0.7%) 1948 (1.0%) 2009 (0.6%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.47% CONSULTING 5.22% CONSULTANCY 1.48% MANAGEMENT 4.58% MK 1.35% CONSULTANCY 3.57% CARE 1.17% PROPERTY 2.66% MANAGEMENT 1.12% CONSTRUCTION 2.12% ENGINEERING 1.07% ENGINEERING 2.10% PROPERTY 0.89% CARE 2.02% TRADING 0.84% TRADING 1.94% IT 0.71% LONDON 1.93% BUSINESS 0.64% TRANSPORT 1.93% SYSTEMS 0.61% DESIGN 1.66% HEALTHCARE 0.59% CONSULTANTS 1.64% CONSULTANTS 0.54% ELECTRICAL 1.62% TECH 0.51% PROPERTIES 1.62% GLOBAL 0.51% BUSINESS 1.56% RECRUITMENT 0.46% J 1.54% ASSOCIATES 0.46% CO., 1.50% (MK) 0.43% GLOBAL 1.49% BUILDING 0.43% INVESTMENTS 1.48% ENTERPRISES 0.43% ASSOCIATES 1.47% INVESTMENTS 0.41% DEVELOPMENTS 1.35% DESIGN 0.38% MEDIA 1.33% ELECTRICAL 0.38% IT 1.31% R 0.36% BUILDING 1.29% MARKETING 0.36% M 1.22%
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 1,725 265,608 62020 - Information technology consultancy activities 282 30,178 70229 - Management consultancy activities other than financial management 253 42,290 99999 - Dormant Company 207 48,509 82990 - Other business support service activities not elsewhere classified 185 58,068 96090 - Other service activities not elsewhere classified 146 29,009 62090 - Other information technology service activities 116 12,837 86900 - Other human health activities 80 12,976 74909 - Other professional, scientific and technical activities not elsewhere classified 69 19,049 49410 - Freight transport by road 65 10,842 68209 - Other letting and operating of own or leased real estate 57 11,212 74990 - Non-trading company 53 13,984 62012 - Business and domestic software development 52 9,752 86101 - Hospital activities 48 4,366 47910 - Retail sale via mail order houses or via Internet 47 10,107 41100 - Development of building projects 44 11,397 47990 - Other retail sale not in stores, stalls or markets 44 6,452 69201 - Accounting and auditing activities 39 7,528 86210 - General medical practice activities 36 4,591 78109 - Other activities of employment placement agencies 35 4,182
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION 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
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