Portsmouth, Hampshire
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- October 2013 saw a new record in company closures in Portsmouth when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
A total of 806 companies were formed in Portsmouth in 2013. This total is 21.0% lower than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Portsmouth UK 2013 806 529,363 2012 1,020 491,893 2011 876 452,870 2010 698 400,358 2009 568 362,675 Record Year 2012 (1,020) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 377 companies were formed in Portsmouth. This figure is 12.9% lower than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Portsmouth occurred in 2011 when a total of 480 were formed.
Half Year (Jul-Dec) Portsmouth UK 2013 377 259,931 2012 433 238,743 % change -12.9% 8.9% Record Year 2011 (480) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 172 companies were registered in Portsmouth during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 3.4% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Portsmouth UK 2013 172 127,247 2012 178 119,875 % change -3.4% 6.1% Record Year 2011 (239) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 67 53 52 New companies in 2012 76 60 42 % change -11.8% -11.7% 23.8% Record Year 2011 (87) 2010 (78) 2011 (76)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 597 companies were dissolved in Portsmouth in 2013. This total is 26.2% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Portsmouth UK 2013 597 332,213 2012 473 293,729 2011 516 314,524 2010 577 342,233 2009 771 533,789 Record Year 2009 (771) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 334 companies were dissolved in Portsmouth. This figure is 64.5% higher than last year, which compares badly to the UK wide change of 21.3%.
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 2013 334 177,021 2012 203 145,935 % change 64.5% 21.3% Record Year 2009 (350) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 162 companies were dissolved in Portsmouth during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 76.1% versus the same period last year (Q4 2012). This figure compares poorly to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Portsmouth UK 2013 162 90,851 2012 92 70,027 % change 76.1% 29.7% Record Year 2013 (162) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company closures in Portsmouth when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 71 36 55 Closed companies in 2012 52 31 9 % change 36.5% 16.1% 511% Record Year 2013 (71) 2010 (54) 2013 (55)
Net Company Growth
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Annual Data (2013)
A total of 209 companies were added to the company register for Portsmouth in 2013. This number represents growth of 25.9% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 338 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Portsmouth company register grew by 547 companies.
Year Portsmouth UK 2013 209 197,150 2012 547 198,164 2011 360 138,346 2010 121 58,125 2009 -203 -171,114 Record Year 2012 (547) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Portsmouth increased by 43 companies.
Half Year (Jul-Dec) Portsmouth UK 2013 43 82,910 2012 230 92,808 Record Year 2003 (242) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Portsmouth during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 10 companies.
fourth quarter (Oct 2013 - Dec 2013) Portsmouth UK 2013 10 36,396 2012 86 49,848 Record Year 2011 (102) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 -4 17 -3 Net growth in 2012 24 29 33 Record Year 2003 (57) 1995 (35) 2003 (37)
UK Company Share
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Annual Data (2013)
In 2013 Portsmouth formed 0.2% of all UK companies. This is no change on 2012 when Portsmouth was responsible for 0.2% of all UK companies.
Year Portsmouth 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1999 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Portsmouth formed 0.1% of all UK companies. This is less than the 2012 figure of 0.2%.
Half Year (Jul-Dec) Portsmouth 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 2011 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Portsmouth formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Portsmouth 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.2% 2009 0.1% Record Year (since 1960) 2011 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.2% UK formation share in 2012 0.2% 0.1% 0.1% % change -18.1% -13.2% 12.6% Record Year 1994 (0.2%) 1995 (0.3%) 1996 (0.3%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.8.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.3.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 44.5.
The percentage of directors under the age of 25 was 6.0% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Portsmouth was 1982 when 50.0% of all directors were female.
The percentage of female directors in Portsmouth in 2013 was 24.1%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Portsmouth was 2007 when 32.6% of all directors were female.
24.7% of all director appointments in Portsmouth in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Portsmouth was in 2005 when 30.1% of all directors were female.
24.9% of all director appointments in Portsmouth in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.86% CONSULTING 5.22% PORTSMOUTH 1.24% MANAGEMENT 4.72% CONSULTING 1.16% CONSULTANCY 3.45% CONSTRUCTION 0.93% PROPERTY 2.59% CLEANING 0.93% TRADING 2.08% PERI 0.93% ENGINEERING 1.87% HAMPSHIRE 0.77% LONDON 1.86% CONSULTANCY 0.77% DESIGN 1.76% ELECTRICAL 0.77% CONSTRUCTION 1.73% ENGINEERING 0.70% CARE 1.73% PROPERTIES 0.62% BUSINESS 1.71% J 0.62% CONSULTANTS 1.68% PROPERTY 0.62% GLOBAL 1.58% TRAINING 0.54% INVESTMENTS 1.56% HOME 0.54% PROPERTIES 1.54% KENS 0.46% ASSOCIATES 1.53% M 0.46% J 1.51% MARKETING 0.46% MEDIA 1.50% SAFETY 0.46% IT 1.35% GAS 0.46% DEVELOPMENTS 1.23% SECURITY 0.46% M 1.23% 2 0.46% BUILDING 1.21% CENTRE 0.46% ELECTRICAL 1.20% ASSOCIATES 0.46% CAPITAL 1.19% D 0.46% ENERGY 1.14%
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 477 266,814 70229 - Management consultancy activities other than financial management 102 36,164 88990 - Other social work activities without accommodation not elsewhere classified 96 3,592 62020 - Information technology consultancy activities 93 27,183 82990 - Other business support service activities not elsewhere classified 82 55,342 99999 - Dormant Company 62 46,762 96090 - Other service activities not elsewhere classified 47 26,001 86101 - Hospital activities 38 2,652 43999 - Other specialised construction activities not elsewhere classified 31 7,823 62090 - Other information technology service activities 31 12,511 86900 - Other human health activities 31 9,543 71129 - Other engineering activities 24 5,158 71122 - Engineering related scientific and technical consulting activities 22 2,893 74909 - Other professional, scientific and technical activities not elsewhere classified 22 18,034 62012 - Business and domestic software development 21 9,360 56103 - Take-away food shops and mobile food stands 20 7,010 98000 - Residents property management 19 4,710 56101 - Licensed restaurants 17 7,685 43390 - Other building completion and finishing 16 5,405 56302 - Public houses and bars 16 5,503
Recent Companies
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Randomly selected companies from this quarter
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