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
New Company Registrations
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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.
Year Newmarket UK 2014 235 582,051 2013 203 529,363 2012 179 491,893 2011 185 452,870 2010 165 400,358 Record Year 2014 (235) 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 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) Newmarket UK 2014 105 281,320 2013 91 259,931 % change 15.4% 8.2% Record Year 2014 (105) 2014 (281,320) New Companies by Half Year
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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) Newmarket UK 2014 55 137,906 2013 43 127,247 % change 27.9% 8.4% Record Year 2014 (55) 2014 (137,906) New Companies by Quarter
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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
October November December New companies in 2014 24 16 15 New companies in 2013 20 11 12 % change 20.0% 45.5% 25.0% Record Year 2014 (24) 2011 (22) 2011 (19)
Closed Companies (dissolved)
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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.
Year Newmarket UK 2014 100 367,937 2013 120 332,213 2012 127 293,729 2011 108 314,524 2010 130 342,233 Record Year 2009 (135) 2009 (533,789) Dissolved Companies by Year
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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) Newmarket UK 2014 52 190,730 2013 59 177,021 % change -11.9% 7.7% Record Year 2009 (62) 2009 (244,544) Dissolved Companies by Half Year
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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) Newmarket UK 2014 26 89,060 2013 36 90,851 % change -27.8% -2.0% Record Year 2013 (36) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Dissolved Companies by Month
October November December Closed companies in 2014 4 13 9 Closed companies in 2013 10 14 12 % change -60.0% -7.1% -25% Record Year 2006 (13) 2013 (14) 2011 (15)
Net Company Growth
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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.
Year Newmarket UK 2014 135 214,114 2013 83 197,150 2012 52 198,164 2011 77 138,346 2010 35 58,125 Record Year 2014 (135) 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 Newmarket increased by 53 companies.
Half Year (Jul-Dec) Newmarket UK 2014 53 90,590 2013 32 82,910 Record Year 2003 (57) 2003 (117,772) Net Growth by Half Year
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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) Newmarket UK 2014 29 48,846 2013 7 36,396 Record Year 2014 (29) 2012 (49,848) Net Growth by Quarter
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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
October November December Net growth in 2014 20 3 6 Net growth in 2013 10 -3 0 Record Year 2014 (20) 2011 (15) 2003 (9)
UK Company Share
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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.
Year Newmarket 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1993 (0.1%) Company Share by Year
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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 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1996 (0.1%) Company Share by Half Year
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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 2014 0.0% 2013 0.0% 2012 0.0% 2011 0.0% 2010 0.0% Record Year (since 1960) 1993 (0.1%) 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 0.0% 0.0% 0.0% UK formation share in 2013 0.0% 0.0% 0.0% % change 14.1% 38.0% 6.9% Record Year 1997 (0.1%) 1987 (0.1%) 1990 (0.1%)
Director Age
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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
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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
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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
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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
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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
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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
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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 NEWMARKET 1.77% CONSULTING 5.22% RACING 1.55% MANAGEMENT 4.58% CAMBRIDGE 1.32% CONSULTANCY 3.57% BLOODSTOCK 1.32% PROPERTY 2.66% PROPERTY 1.10% CONSTRUCTION 2.12% CONSULTING 0.88% ENGINEERING 2.10% CONSTRUCTION 0.88% CARE 2.02% CONSULTANCY 0.88% TRADING 1.94% MANAGEMENT 0.88% LONDON 1.93% GREEN 0.88% TRANSPORT 1.93% ELECTRICAL 0.66% DESIGN 1.66% (NEWMARKET) 0.66% CONSULTANTS 1.64% TAXIS 0.66% ELECTRICAL 1.62% HAIR 0.66% PROPERTIES 1.62% L 0.66% BUSINESS 1.56% COMPLETE 0.66% J 1.54% IN 0.66% CO., 1.50% CARPENTRY 0.66% GLOBAL 1.49% J 0.66% INVESTMENTS 1.48% DESIGN 0.66% ASSOCIATES 1.47% COMMUNITY 0.66% DEVELOPMENTS 1.35% ACCOUNTANCY 0.66% MEDIA 1.33% G 0.44% IT 1.31% TECHNOLOGIES 0.44% BUILDING 1.29% PAUL 0.44% 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 86 265,608 99999 - Dormant Company 18 48,509 74909 - Other professional, scientific and technical activities not elsewhere classified 17 19,049 70229 - Management consultancy activities other than financial management 16 42,290 01430 - Raising of horses and other equines 12 263 56302 - Public houses and bars 8 6,285 41100 - Development of building projects 7 11,397 96020 - Hairdressing and other beauty treatment 7 6,742 93199 - Other sports activities 7 4,176 93191 - Activities of racehorse owners 7 74 33190 - Repair of other equipment 6 1,432 62020 - Information technology consultancy activities 6 30,178 78300 - Human resources provision and management of human resources functions 5 2,076 86900 - Other human health activities 5 12,976 68100 - Buying and selling of own real estate 5 7,106 74990 - Non-trading company 5 13,984 68320 - Management of real estate on a fee or contract basis 5 6,010 86230 - Dental practice activities 4 2,164 41202 - Construction of domestic buildings 4 7,559 69201 - Accounting and auditing activities 4 7,528
Recent Companies
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Randomly selected companies from this quarter