Milton Keynes, Buckinghamshire

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Milton Keynes when compared to any previous March.
  • January 2015 saw a new record in company registrations in Milton Keynes when compared to any previous January.
  • February 2015 saw a new record in company closures in Milton Keynes when compared to any previous February.
  • January 2015 saw a new record in net growth in Milton Keynes when compared to any previous January.

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 2015)

    Q1 2015 saw a new record in company registrations in Milton Keynes when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Milton Keynes when compared to any quarter in history.

    A total of 777 companies were registered in Milton Keynes during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 2.6% versus the same period last year (Q1 2014). This figure compares badly to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Milton KeynesUK
    2015777161,156
    2014757150,722
    % change2.6%6.9%
    Record Year 2015 (777) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Milton Keynes when compared to any previous March.

    January 2015 saw a new record in company registrations in Milton Keynes when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015252242283
    New companies in 2014232251274
    % change8.6%-3.6%3.3%
    Record Year2015 (252)2014 (251)2015 (283)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 483 companies were dissolved in Milton Keynes during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 16.7% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)Milton KeynesUK
    201548389,523
    201441482,370
    % change16.7%8.7%
    Record Year 2009 (483) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Milton Keynes when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015117183183
    Closed companies in 2014132159123
    % change-11.4%15.1%49%
    Record Year2013 (175)2015 (183)2009 (350)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Milton Keynes during the first quarter of 2015 (Jan 2015 - Mar 2015) was 294 companies.

    first quarter (Jan 2015 - Mar 2015)Milton KeynesUK
    201529471,633
    201434368,352
    Record Year 2012 (443) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Milton Keynes when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201513559100
    Net growth in 201410092151
    Record Year2015 (135)2012 (141)2007 (202)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Milton Keynes formed 0.5% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Milton Keynes
    20150.5%
    20140.5%
    20130.5%
    20120.6%
    20110.5%
    Record Year (since 1960) 2012 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.5%0.5%0.5%
    UK formation share in 20140.5%0.5%0.5%
    % change6.5%-11.2%-5.8%
    Record Year2012 (0.6%)2011 (0.5%)2012 (0.6%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 42.9.

    The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

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

    29.0% of all director appointments in Milton Keynes in the first quarter of 2015 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 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING2.27%CONSULTING5.23%
    CONSULTANCY1.41%MANAGEMENT4.56%
    CARE1.14%CONSULTANCY3.62%
    MK1.11%PROPERTY2.72%
    PROPERTY1.06%CONSTRUCTION2.19%
    ENGINEERING1.04%CARE2.13%
    MANAGEMENT1.01%ENGINEERING2.12%
    IT0.81%LONDON1.91%
    TRADING0.71%TRADING1.88%
    ENTERPRISES0.56%TRANSPORT1.82%
    CONSULTANTS0.53%ELECTRICAL1.76%
    HEALTHCARE0.53%DESIGN1.65%
    ASSOCIATES0.48%PROPERTIES1.63%
    BUSINESS0.45%CO.,1.58%
    RECRUITMENT0.45%J1.55%
    INVESTMENTS0.45%CONSULTANTS1.54%
    GROUP0.40%BUSINESS1.49%
    BUILDING0.40%INVESTMENTS1.49%
    (MK)0.40%GLOBAL1.46%
    ELECTRICAL0.38%ASSOCIATES1.44%
    SYSTEMS0.38%DEVELOPMENTS1.36%
    GLOBAL0.38%BUILDING1.31%
    TECH0.38%IT1.30%
    DESIGN0.38%MEDIA1.28%
    HOUSE0.35%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,846288,953
    62020 - Information technology consultancy activities29830,825
    70229 - Management consultancy activities other than financial management27143,081
    99999 - Dormant Company19849,474
    82990 - Other business support service activities not elsewhere classified18258,522
    96090 - Other service activities not elsewhere classified14229,218
    62090 - Other information technology service activities10712,862
    86900 - Other human health activities8913,990
    74909 - Other professional, scientific and technical activities not elsewhere classified6619,098
    49410 - Freight transport by road6512,485
    86101 - Hospital activities555,043
    62012 - Business and domestic software development519,651
    74990 - Non-trading company4813,794
    68209 - Other letting and operating of own or leased real estate4711,600
    47990 - Other retail sale not in stores, stalls or markets466,557
    41100 - Development of building projects4511,863
    47910 - Retail sale via mail order houses or via Internet4510,200
    86210 - General medical practice activities364,793
    69201 - Accounting and auditing activities347,682
    78109 - Other activities of employment placement agencies344,253

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09433630 PCS PROCESS SOLUTIONS LIMITED 11 Feb 2015
    09448434 MICHAEL NEWBY LIMITED 19 Feb 2015
    09462452 KNIGHT-RACER PERFORMANCE & STYLING LIMITED 27 Feb 2015
    09427861 GOLDEN GARDENS AND BUILDING LIMITED 09 Feb 2015
    09436655 BOOKBAG MEDIA LIMITED 12 Feb 2015
    09438189 MAYERS SERVICES LIMITED 13 Feb 2015
    09445129 WALLACE MAULUKA LIMITED 18 Feb 2015
    09417254 MCF RAIL LIMITED 02 Feb 2015
    09422117 ALL CORNERS LTD 04 Feb 2015
    09425934 HEYOU LIMITED 06 Feb 2015
    09430369 SAVANNAH T LIMITED 09 Feb 2015
    09432850 TOUCAN DEVELOPMENT (M.K.) LIMITED 10 Feb 2015
    09441759 MZW ENTERPRISES LIMITED 16 Feb 2015
    09457828 PERUN TRANSPORT LIMITED 25 Feb 2015
    09433543 SWEAT IT LTD 11 Feb 2015
    09441256 REDEMEER COMPANY LIMITED 16 Feb 2015
    09444021 LORMAC ADMINISTRATOR LIMITED 17 Feb 2015
    09463841 PAUL STERRY CONSULTING LIMITED 27 Feb 2015
    09418593 PAPADA LTD 03 Feb 2015
    09437596 ASE INSUR LIMITED 12 Feb 2015
    09452643 STAGES-OF-LIFE LTD 23 Feb 2015
    09456407 RUKSHANIR LIMITED 24 Feb 2015
    09458476 HERITAGE CONSULTANCY SERVICES LIMITED 25 Feb 2015
    09462048 TANTRUM ENTERTAINMENT GROUP LTD 27 Feb 2015
    09462455 MOYO'S AGNES LIMITED 27 Feb 2015