Newmarket, Suffolk

2014 Annual Business Confidence Report

Headlines

  • 2014 was a record year for company registrations in Newmarket when compared to any year in history.
  • The second half of 2014 saw a new record in company registrations in Newmarket when compared to any previous second half year.
  • Q4 2014 saw a new record in company registrations in Newmarket when compared to any previous Q4.
  • October 2014 saw a new record in company registrations in Newmarket when compared to any previous October.
  • 2014 was a record year for net growth in Newmarket when compared to any year in history.
  • October 2014 saw a new record in net growth 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 (2014)

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

    A total of 235 companies were formed in Newmarket in 2014. This total is 15.8% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.

    YearNewmarketUK
    2014235582,051
    2013203529,363
    2012179491,893
    2011185452,870
    2010165400,358
    Record Year2014 (235)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 Newmarket when compared to any previous second half year.

    In the second half of 2014 a total of 105 companies were formed in Newmarket. This figure is 15.4% higher than last year, which compares well to the UK wide figure of 8.2%.

    The highest total for a second half year in Newmarket occurred in 2014 when a total of 105 were formed.

    Half Year (Jul-Dec)NewmarketUK
    2014105281,320
    201391259,931
    % change15.4%8.2%
    Record Year2014 (105)2014 (281,320)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Q4 2014 saw a new record in company registrations in Newmarket when compared to any previous Q4.

    A total of 55 companies were registered in Newmarket during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is an increase of 27.9% versus the same period last year (Q4 2013). This figure compares well 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)NewmarketUK
    201455137,906
    201343127,247
    % change27.9%8.4%
    Record Year 2014 (55) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in company registrations in Newmarket when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014241615
    New companies in 2013201112
    % change20.0%45.5%25.0%
    Record Year2014 (24)2011 (22)2011 (19)

Closed Companies (dissolved)

  1. Annual Data (2014)

    A total of 100 companies were dissolved in Newmarket in 2014. This total is 16.7% lower than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.

    YearNewmarketUK
    2014100367,937
    2013120332,213
    2012127293,729
    2011108314,524
    2010130342,233
    Record Year2009 (135)2009 (533,789)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 a total of 52 companies were dissolved in Newmarket. This figure is 11.9% lower than last year, which compares well to the UK wide change of 7.7%.

    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
    201452190,730
    201359177,021
    % change-11.9%7.7%
    Record Year2009 (62)2009 (244,544)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    A total of 26 companies were dissolved in Newmarket during the fourth quarter of 2014 (Oct 2014 - Dec 2014).

    This figure is a decrease of 27.8% versus the same period last year (Q4 2013). This figure compares well 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)NewmarketUK
    20142689,060
    20133690,851
    % change-27.8%-2.0%
    Record Year 2013 (36) 2013 (90,851)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 20144139
    Closed companies in 2013101412
    % change-60.0%-7.1%-25%
    Record Year2006 (13)2013 (14)2011 (15)

Net Company Growth

  1. Annual Data (2014)

    2014 was a record year for net growth in Newmarket when compared to any year in history.

    A total of 135 companies were added to the company register for Newmarket in 2014. This number represents growth of 57.4% in the total number of active companies, which compares favourably to the UK figure of 36.8%.

    This number is 52 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2014 when the Newmarket company register grew by 135 companies.

    YearNewmarketUK
    2014135214,114
    201383197,150
    201252198,164
    201177138,346
    20103558,125
    Record Year2014 (135)2007 (237,353)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 the company register for Newmarket increased by 53 companies.

    Half Year (Jul-Dec)NewmarketUK
    20145390,590
    20133282,910
    Record Year2003 (57)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    Net company growth for Newmarket during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 29 companies.

    fourth quarter (Oct 2014 - Dec 2014)NewmarketUK
    20142948,846
    2013736,396
    Record Year 2014 (29) 2012 (49,848)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    October 2014 saw a new record in net growth in Newmarket when compared to any previous October.

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20142036
    Net growth in 201310-30
    Record Year2014 (20)2011 (15)2003 (9)

UK Company Share

  1. Annual Data (2014)

    In 2014 Newmarket formed 0.0% of all UK companies. This is no change on 2013 when Newmarket was responsible for 0.0% of all UK companies.

    YearNewmarket
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960)1993 (0.1%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2014)

    In the second half of 2014 Newmarket formed 0.0% of all UK companies. This is the same as the 2013 figure of 0.0%.

    Half Year (Jul-Dec)Newmarket
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1996 (0.1%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2014)

    In the fourth quarter of 2014, Newmarket formed 0.0% of all UK companies.

    fourth quarter (Oct 2014 - Dec 2014)Newmarket
    20140.0%
    20130.0%
    20120.0%
    20110.0%
    20100.0%
    Record Year (since 1960) 1993 (0.1%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.0%0.0%0.0%
    UK formation share in 20130.0%0.0%0.0%
    % change14.1%38.0%6.9%
    Record Year1997 (0.1%)1987 (0.1%)1990 (0.1%)

Director Age

  1. Annual Data (2014)

    The average age of a director in 2014 was 45.5.

    The percentage of directors under the age of 25 was 6.9% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 2.7% 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 43.7.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 1.8% 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 45.1.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 1.7% 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 Newmarket was 1990 when 39.4% of all directors were female.

    The percentage of female directors in Newmarket in 2014 was 24.7%. 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 Newmarket was 2007 when 31.7% of all directors were female.

    26.3% of all director appointments in Newmarket 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 Newmarket was in 2006 when 34.7% of all directors were female.

    24.8% of all director appointments in Newmarket 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
    NEWMARKET1.77%CONSULTING5.22%
    RACING1.55%MANAGEMENT4.58%
    CAMBRIDGE1.32%CONSULTANCY3.57%
    BLOODSTOCK1.32%PROPERTY2.66%
    PROPERTY1.10%CONSTRUCTION2.12%
    CONSULTING0.88%ENGINEERING2.10%
    CONSTRUCTION0.88%CARE2.02%
    CONSULTANCY0.88%TRADING1.94%
    MANAGEMENT0.88%LONDON1.93%
    GREEN0.88%TRANSPORT1.93%
    ELECTRICAL0.66%DESIGN1.66%
    (NEWMARKET)0.66%CONSULTANTS1.64%
    TAXIS0.66%ELECTRICAL1.62%
    HAIR0.66%PROPERTIES1.62%
    L0.66%BUSINESS1.56%
    COMPLETE0.66%J1.54%
    IN0.66%CO.,1.50%
    CARPENTRY0.66%GLOBAL1.49%
    J0.66%INVESTMENTS1.48%
    DESIGN0.66%ASSOCIATES1.47%
    COMMUNITY0.66%DEVELOPMENTS1.35%
    ACCOUNTANCY0.66%MEDIA1.33%
    G0.44%IT1.31%
    TECHNOLOGIES0.44%BUILDING1.29%
    PAUL0.44%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied86265,608
    99999 - Dormant Company1848,509
    74909 - Other professional, scientific and technical activities not elsewhere classified1719,049
    70229 - Management consultancy activities other than financial management1642,290
    01430 - Raising of horses and other equines12263
    56302 - Public houses and bars86,285
    41100 - Development of building projects711,397
    96020 - Hairdressing and other beauty treatment76,742
    93199 - Other sports activities74,176
    93191 - Activities of racehorse owners774
    33190 - Repair of other equipment61,432
    62020 - Information technology consultancy activities630,178
    78300 - Human resources provision and management of human resources functions52,076
    86900 - Other human health activities512,976
    68100 - Buying and selling of own real estate57,106
    74990 - Non-trading company513,984
    68320 - Management of real estate on a fee or contract basis56,010
    86230 - Dental practice activities42,164
    41202 - Construction of domestic buildings47,559
    69201 - Accounting and auditing activities47,528

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09246482 WAYNE THOMPSON LIMITED 02 Oct 2014
    09247477 KUNG FU TEAHOUSE LTD 03 Oct 2014
    09249108 COMPAS RACING LIMITED 06 Oct 2014
    09249507 PRODP LTD 06 Oct 2014
    09251902 PEMBROKE UMBRELLA LIMITED 07 Oct 2014
    09258070 COLOURBOX MONTESSORI SCHOOL (HAVERHILL) LIMITED 10 Oct 2014
    09258960 GVO SITE SERVICES LIMITED 10 Oct 2014
    09259437 RENT RIGHT (LONDON) LIMITED 10 Oct 2014
    09259763 SAARENA CONSULTING LIMITED 13 Oct 2014
    09260452 ADVENTURES IN FOOD LTD 13 Oct 2014
    09261494 FASTGLOBALFOOD LTD 13 Oct 2014
    09262096 COVIN LIMITED 13 Oct 2014
    09272458 J D MIDWOOD LTD 21 Oct 2014
    09272898 SKYLAB INVESTMENTS LIMITED 21 Oct 2014
    09273764 BSU SOLUTIONS LIMITED 21 Oct 2014
    09276599 MORRIS RACING LIMITED 23 Oct 2014
    09277042 ANIMUS SUSTAINABILITY PORTAL LIMITED 23 Oct 2014
    09277447 R.R.J.ASSOCIATES LTD 23 Oct 2014
    09278012 HARRINGTON PROPERTY MANAGEMENT LIMITED 23 Oct 2014
    09278596 MDW SOLUTIONS LIMITED 24 Oct 2014
    09283732 KNAPPETT ROOFING LIMITED 28 Oct 2014
    09285206 THE PEACE CORE AND PEACE CORPS LTD 29 Oct 2014
    09286157 N W ACCOUNTANCY (NKT) LIMITED 29 Oct 2014
    09290674 PHOENIX HOUSE (RESIDENTS ASSOCIATION) LIMITED 31 Oct 2014

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