Portsmouth, Hampshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company registrations in Portsmouth when compared to any previous November.
  • November 2010 saw a new record in company closures in Portsmouth when compared to any previous November.

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 (2010)

    A total of 698 companies were formed in Portsmouth in 2010. This total is 22.9% higher than in 2009 and compares favourably to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearPortsmouthUK
    2010698400,358
    2009568362,675
    2008612349,203
    2007733457,649
    2006650405,440
    Record Year2003 (747)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 376 companies were formed in Portsmouth. This figure is 29.7% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Portsmouth occurred in 2003 when a total of 390 were formed.

    Half Year (Jul-Dec)PortsmouthUK
    2010376196,609
    2009290180,654
    % change29.7%8.8%
    Record Year2003 (390)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 188 companies were registered in Portsmouth during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 46.9% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)PortsmouthUK
    201018895,117
    200912885,983
    % change46.9%10.6%
    Record Year 2003 (202) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company registrations in Portsmouth when compared to any previous November.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010597851
    New companies in 2009504434
    % change18.0%77.3%50.0%
    Record Year2003 (86)2010 (78)2003 (59)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 575 companies were dissolved in Portsmouth in 2010. This total is 25.4% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearPortsmouthUK
    2010575342,232
    2009771533,773
    2008375237,901
    2007402220,295
    2006459200,166
    Record Year2009 (771)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 277 companies were dissolved in Portsmouth. This figure is 20.9% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Portsmouth occurred in 2009 when a total of 350 were closed.

    Half Year (Jul-Dec)PortsmouthUK
    2010277164,601
    2009350244,537
    % change-20.9%-32.7%
    Record Year2009 (350)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 130 companies were dissolved in Portsmouth during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 4.4% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)PortsmouthUK
    201013076,896
    200913685,136
    % change-4.4%-9.7%
    Record Year 2009 (136) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Portsmouth when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010445432
    Closed companies in 2009414352
    % change7.3%25.6%-38%
    Record Year2002 (48)2010 (54)2008 (55)

Net Company Growth

  1. Annual Data (2010)

    A total of 123 companies were added to the company register for Portsmouth in 2010. This number represents growth of 21.7% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 326 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Portsmouth company register grew by 464 companies.

    YearPortsmouthUK
    201012358,126
    2009-203-171,098
    2008237111,302
    2007331237,354
    2006191205,274
    Record Year2003 (464)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Portsmouth increased by 99 companies.

    Half Year (Jul-Dec)PortsmouthUK
    20109932,008
    2009-60-63,883
    Record Year2003 (243)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Portsmouth during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 58 companies.

    fourth quarter (Oct 2010 - Dec 2010)PortsmouthUK
    20105818,221
    2009-8847
    Record Year 2003 (127) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 2010152419
    Net growth in 200991-18
    Record Year2003 (57)2003 (33)2003 (37)

UK Company Share

  1. Annual Data (2010)

    In 2010 Portsmouth formed 0.2% of all UK companies. This is no change on 2009 when Portsmouth was responsible for 0.2% of all UK companies.

    YearPortsmouth
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960)1999 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Portsmouth formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.

    Half Year (Jul-Dec)Portsmouth
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1981 (0.3%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Portsmouth formed 0.2% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Portsmouth
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    20060.2%
    Record Year (since 1960) 1981 (0.5%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.2%0.2%0.2%
    UK formation share in 20090.2%0.1%0.1%
    % change3.4%58.5%42.7%
    Record Year1963 (0.3%)1981 (0.6%)1981 (0.7%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.1.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.2.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 42.1.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 1.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Portsmouth was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Portsmouth in 2010 was 28.0%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

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

    25.7% of all director appointments in Portsmouth in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Portsmouth was in 1977 when 31.1% of all directors were female.

    28.0% of all director appointments in Portsmouth in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.30%CONSULTING5.06%
    PROPERTY1.30%MANAGEMENT5.01%
    CONSULTANCY1.13%CONSULTANCY3.14%
    CONSULTING1.13%PROPERTY2.36%
    (PORTSMOUTH)1.04%TRADING2.11%
    S1.04%ASSOCIATES1.95%
    PORTSMOUTH1.04%DESIGN1.92%
    CONSTRUCTION1.04%BUSINESS1.82%
    MAINTENANCE0.87%CONSTRUCTION1.82%
    PLUMBING0.61%CONSULTANTS1.76%
    HOME0.61%MEDIA1.71%
    DESIGN0.61%ENGINEERING1.62%
    ENERGY0.61%LONDON1.60%
    INVESTMENTS0.52%CARE1.45%
    ENGINEERING0.52%INVESTMENTS1.44%
    SOLENT0.52%GLOBAL1.43%
    CENTRE0.52%J1.42%
    SYSTEMS0.52%IT1.41%
    EVENTS0.52%PROPERTIES1.34%
    BUILDING0.52%INTERNATIONAL1.34%
    MARINE0.43%BUILDING1.34%
    ELECTRICAL0.43%M1.30%
    HOUSE0.43%ELECTRICAL1.25%
    IT0.43%SYSTEMS1.24%
    ASSOCIATES0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied288199,572
    7487 - Other business activities12363,348
    82990 - Other business support service activities not elsewhere classified7827,550
    7260 - Other computer related activities228,089
    62090 - Other information technology service activities196,330
    70229 - Management consultancy activities other than financial management1814,505
    7499 - Non-trading company1812,000
    9999 - Dormant Company1720,144
    4521 - General construction & civil engineering166,598
    7222 - Other software consultancy and supply157,298
    62020 - Information technology consultancy activities149,177
    99999 - Dormant Company1416,285
    4534 - Other building installation142,357
    9305 - Other service activities148,858
    43210 - Electrical installation132,980
    96090 - Other service activities not elsewhere classified138,799
    98000 - Residents property management123,235
    7414 - Business & management consultancy1113,474
    43220 - Plumbing, heat and air-conditioning installation112,187
    74909 - Other professional, scientific and technical activities not elsewhere classified107,088

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07451573 SOLENT STEM CENTRE LIMITED 25 Nov 2010
    07447028 INORBIT RESOURCING LIMITED 22 Nov 2010
    07439127 MJW SOLUTIONS LIMITED 15 Nov 2010
    07436415 C & N STRUCTURAL LIMITED 11 Nov 2010
    07429285 TRIANGLE TEN LIMITED 04 Nov 2010
    07428642 FASCINO HAIR LIMITED 03 Nov 2010
    07424802 GO ORGANISE LIMITED 01 Nov 2010
    07448310 DJE ELECTRICAL CONTRACTING LIMITED 23 Nov 2010
    07438614 COLOMBO REAL ESTATE LIMITED 12 Nov 2010
    07449626 DEFENCE IT SOLUTIONS LIMITED 24 Nov 2010
    07441228 RSR CARPENTRY & CONSTRUCTION UK LIMITED 16 Nov 2010
    07437454 DALE HOLMES ELECTRICAL LTD 11 Nov 2010
    07431983 GRANT PROPERTY MAINTENANCE LTD 08 Nov 2010
    07430099 IUGO TELEPHONES LIMITED 04 Nov 2010
    07451017 WOODLANDS (BASSETT) MANAGEMENT LIMITED 25 Nov 2010
    07445097 UK DELIVERHYS LIMITED 19 Nov 2010
    07442746 EVANS JONES INVESTMENTS LIMITED 17 Nov 2010
    07438702 MEADOWS (LOCKS HEATH) MANAGEMENT LIMITED 12 Nov 2010
    07437277 DENNMAR MACHINE BUILD LIMITED 11 Nov 2010
    07435475 W. IRVING LIMITED 10 Nov 2010
    07433377 DIVERSE HAIR DESIGN LTD 09 Nov 2010
    07430126 SCRAM LIMITED 04 Nov 2010
    07427684 S AND S FLOORING LTD 02 Nov 2010
    07427663 TRANSLIZER (UK) LTD 02 Nov 2010
    07426216 WESTBOURNE BRICKWORK & CONSTRUCTION LTD 02 Nov 2010