Newmarket, Suffolk

2012 Annual Business Confidence Report

Headlines

  • October 2012 saw a new record in company registrations in Newmarket when compared to any previous October.
  • Q4 2012 saw a new record in company closures in Newmarket when compared to any previous Q4.
  • October 2012 saw a new record in company closures in Newmarket when compared to any previous October.

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 (2012)

    A total of 179 companies were formed in Newmarket in 2012. This total is 3.2% lower than in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearNewmarketUK
    2012179491,893
    2011185452,870
    2010165400,358
    2009121362,675
    2008152349,203
    Record Year2011 (185)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 76 companies were formed in Newmarket. This figure is 15.6% lower than last year, which compares badly to the UK wide figure of 6.5%.

    The highest total for a second half year in Newmarket occurred in 2011 when a total of 90 were formed.

    Half Year (Jul-Dec)NewmarketUK
    201276238,743
    201190224,135
    % change-15.6%6.5%
    Record Year2011 (90)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 39 companies were registered in Newmarket during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 25.0% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)NewmarketUK
    201239119,875
    201152109,623
    % change-25.0%9.4%
    Record Year 2011 (52) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company registrations in Newmarket when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 201219128
    New companies in 2011112219
    % change72.7%-45.5%-57.9%
    Record Year2012 (19)2011 (22)2011 (19)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 127 companies were dissolved in Newmarket in 2012. This total is 17.6% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.

    YearNewmarketUK
    2012127293,728
    2011108314,524
    2010130342,233
    2009135533,787
    200874237,873
    Record Year2009 (135)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 59 companies were dissolved in Newmarket. This figure is 5.4% higher than last year, which compares badly to the UK wide change of -4.1%.

    The highest total for a second half year in Newmarket occurred in 2009 when a total of 62 were closed.

    Half Year (Jul-Dec)NewmarketUK
    201259145,934
    201156152,213
    % change5.4%-4.1%
    Record Year2009 (62)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company closures in Newmarket when compared to any previous Q4.

    A total of 32 companies were dissolved in Newmarket during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 28.0% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)NewmarketUK
    20123270,026
    20112579,983
    % change28.0%-12.4%
    Record Year 2012 (32) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Newmarket when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201213811
    Closed companies in 20113715
    % change333.3%14.3%-27%
    Record Year2012 (13)2007 (12)2011 (15)

Net Company Growth

  1. Annual Data (2012)

    A total of 52 companies were added to the company register for Newmarket in 2012. This number represents growth of 28.1% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.

    This number is 25 companies lower than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Newmarket company register grew by 100 companies.

    YearNewmarketUK
    201252198,165
    201177138,346
    20103558,125
    2009-14-171,112
    200878111,330
    Record Year2003 (100)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 the company register for Newmarket increased by 17 companies.

    Half Year (Jul-Dec)NewmarketUK
    20121792,809
    20113471,922
    Record Year2003 (57)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Net company growth for Newmarket during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 7 companies.

    fourth quarter (Oct 2012 - Dec 2012)NewmarketUK
    2012749,849
    20112729,640
    Record Year 2003 (28) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201264-3
    Net growth in 20118154
    Record Year2008 (12)2011 (15)2003 (9)

UK Company Share

  1. Annual Data (2012)

    In 2012 Newmarket formed 0.0% of all UK companies. This is no change on 2011 when Newmarket was responsible for 0.0% of all UK companies.

    YearNewmarket
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960)1973 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Newmarket formed 0.0% of all UK companies. This is the same as the 2011 figure of 0.0%.

    Half Year (Jul-Dec)Newmarket
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1971 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    In the fourth quarter of 2012, Newmarket formed 0.0% of all UK companies.

    fourth quarter (Oct 2012 - Dec 2012)Newmarket
    20120.0%
    20110.0%
    20100.0%
    20090.0%
    20080.0%
    Record Year (since 1960) 1970 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.0%0.0%0.0%
    UK formation share in 20110.0%0.1%0.1%
    % change45.1%-48.2%-59.1%
    Record Year1962 (0.3%)1974 (0.3%)1970 (0.5%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 45.4.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 43.5.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 43.6.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Newmarket was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Newmarket in 2012 was 35.2%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

    The record second half year for female directors in Newmarket was 1860 when 42.9% of all directors were female.

    26.2% of all director appointments in Newmarket in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Newmarket was in 1977 when 31.2% of all directors were female.

    29.2% of all director appointments in Newmarket in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    BLOODSTOCK2.35%CONSULTING5.15%
    RACING2.35%MANAGEMENT4.78%
    MANAGEMENT2.05%CONSULTANCY3.31%
    CAMBRIDGE1.17%PROPERTY2.40%
    NEWMARKET1.17%TRADING2.03%
    ASSOCIATES1.17%DESIGN1.86%
    METERING0.88%ASSOCIATES1.82%
    C0.88%ENGINEERING1.79%
    SIGNATURE0.88%BUSINESS1.76%
    PROPERTY0.88%CONSULTANTS1.75%
    SMARTER0.88%CONSTRUCTION1.69%
    INVESTMENTS0.88%LONDON1.69%
    STUD0.88%MEDIA1.69%
    CARE0.88%GLOBAL1.59%
    PARTNERS0.59%J1.57%
    PAUL0.59%INVESTMENTS1.46%
    EMMA0.59%IT1.43%
    FROST0.59%CARE1.39%
    PLUMBING0.59%PROPERTIES1.34%
    GLASGOW0.59%M1.26%
    SONS0.59%BUILDING1.23%
    CARPENTRY0.59%ENTERPRISES1.21%
    TECHNOLOGIES0.59%TRAINING1.18%
    MEDIA0.59%ELECTRICAL1.17%
    PROPERTIES0.59%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied74236,139
    99999 - Dormant Company1540,648
    82990 - Other business support service activities not elsewhere classified1452,427
    70229 - Management consultancy activities other than financial management1330,396
    74909 - Other professional, scientific and technical activities not elsewhere classified1215,572
    62020 - Information technology consultancy activities1123,256
    01430 - Raising of horses and other equines7133
    41100 - Development of building projects77,980
    74990 - Non-trading company713,808
    62012 - Business and domestic software development67,446
    86900 - Other human health activities57,866
    96090 - Other service activities not elsewhere classified522,058
    47990 - Other retail sale not in stores, stalls or markets54,829
    62090 - Other information technology service activities512,291
    93199 - Other sports activities53,154
    68209 - Other letting and operating of own or leased real estate56,971
    7487 - Other business activities410,703
    75000 - Veterinary activities4890
    93191 - Activities of racehorse owners451
    56302 - Public houses and bars44,543

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08317133 CATMJ LIMITED 04 Dec 2012
    08320130 SMARTER METERING GROUP LIMITED 06 Dec 2012
    08326908 W & H NEWMARKET LIMITED 11 Dec 2012
    08326970 NEWBOURNE PROPERTIES LIMITED 11 Dec 2012
    08330555 CDH BLOODSTOCK LIMITED 13 Dec 2012
    08334449 C J NICHOLLS & SON LTD 18 Dec 2012
    08337838 HALL OF FAME STUD LIMITED 20 Dec 2012
    08341848 VISIONSHEALTHCARE LIMITED 27 Dec 2012

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