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
New Company Registrations
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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.
Year Portsmouth UK 2010 698 400,358 2009 568 362,675 2008 612 349,203 2007 733 457,649 2006 650 405,440 Record Year 2003 (747) 2007 (457,649) New Companies by Year
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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) Portsmouth UK 2010 376 196,609 2009 290 180,654 % change 29.7% 8.8% Record Year 2003 (390) 2003 (201,446) New Companies by Half Year
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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) Portsmouth UK 2010 188 95,117 2009 128 85,983 % change 46.9% 10.6% Record Year 2003 (202) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 59 78 51 New companies in 2009 50 44 34 % change 18.0% 77.3% 50.0% Record Year 2003 (86) 2010 (78) 2003 (59)
Closed Companies (dissolved)
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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.
Year Portsmouth UK 2010 575 342,232 2009 771 533,773 2008 375 237,901 2007 402 220,295 2006 459 200,166 Record Year 2009 (771) 2009 (533,773) Dissolved Companies by Year
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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) Portsmouth UK 2010 277 164,601 2009 350 244,537 % change -20.9% -32.7% Record Year 2009 (350) 2009 (244,537) Dissolved Companies by Half Year
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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) Portsmouth UK 2010 130 76,896 2009 136 85,136 % change -4.4% -9.7% Record Year 2009 (136) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 44 54 32 Closed companies in 2009 41 43 52 % change 7.3% 25.6% -38% Record Year 2002 (48) 2010 (54) 2008 (55)
Net Company Growth
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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.
Year Portsmouth UK 2010 123 58,126 2009 -203 -171,098 2008 237 111,302 2007 331 237,354 2006 191 205,274 Record Year 2003 (464) 2003 (242,543) Net Growth by Year
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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) Portsmouth UK 2010 99 32,008 2009 -60 -63,883 Record Year 2003 (243) 2003 (117,772) Net Growth by Half Year
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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) Portsmouth UK 2010 58 18,221 2009 -8 847 Record Year 2003 (127) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 15 24 19 Net growth in 2009 9 1 -18 Record Year 2003 (57) 2003 (33) 2003 (37)
UK Company Share
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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.
Year Portsmouth 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1999 (0.2%) Company Share by Year
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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 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1981 (0.3%) Company Share by Half Year
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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 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1981 (0.5%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.2% 0.2% 0.2% UK formation share in 2009 0.2% 0.1% 0.1% % change 3.4% 58.5% 42.7% Record Year 1963 (0.3%) 1981 (0.6%) 1981 (0.7%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.30% CONSULTING 5.06% PROPERTY 1.30% MANAGEMENT 5.01% CONSULTANCY 1.13% CONSULTANCY 3.14% CONSULTING 1.13% PROPERTY 2.36% (PORTSMOUTH) 1.04% TRADING 2.11% S 1.04% ASSOCIATES 1.95% PORTSMOUTH 1.04% DESIGN 1.92% CONSTRUCTION 1.04% BUSINESS 1.82% MAINTENANCE 0.87% CONSTRUCTION 1.82% PLUMBING 0.61% CONSULTANTS 1.76% HOME 0.61% MEDIA 1.71% DESIGN 0.61% ENGINEERING 1.62% ENERGY 0.61% LONDON 1.60% INVESTMENTS 0.52% CARE 1.45% ENGINEERING 0.52% INVESTMENTS 1.44% SOLENT 0.52% GLOBAL 1.43% CENTRE 0.52% J 1.42% SYSTEMS 0.52% IT 1.41% EVENTS 0.52% PROPERTIES 1.34% BUILDING 0.52% INTERNATIONAL 1.34% MARINE 0.43% BUILDING 1.34% ELECTRICAL 0.43% M 1.30% HOUSE 0.43% ELECTRICAL 1.25% IT 0.43% SYSTEMS 1.24% ASSOCIATES 0.43% S 1.23%
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 288 199,572 7487 - Other business activities 123 63,348 82990 - Other business support service activities not elsewhere classified 78 27,550 7260 - Other computer related activities 22 8,089 62090 - Other information technology service activities 19 6,330 70229 - Management consultancy activities other than financial management 18 14,505 7499 - Non-trading company 18 12,000 9999 - Dormant Company 17 20,144 4521 - General construction & civil engineering 16 6,598 7222 - Other software consultancy and supply 15 7,298 62020 - Information technology consultancy activities 14 9,177 99999 - Dormant Company 14 16,285 4534 - Other building installation 14 2,357 9305 - Other service activities 14 8,858 43210 - Electrical installation 13 2,980 96090 - Other service activities not elsewhere classified 13 8,799 98000 - Residents property management 12 3,235 7414 - Business & management consultancy 11 13,474 43220 - Plumbing, heat and air-conditioning installation 11 2,187 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,088
Recent Companies
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Randomly selected companies from this quarter
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