Portsmouth, Hampshire

Q1 2014 Business Confidence Report

Headlines

  • February 2014 saw a new record in company closures in Portsmouth when compared to any previous February.

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. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 226 companies were registered in Portsmouth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 8.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PortsmouthUK
    2014226150,722
    2013208134,802
    % change8.7%11.8%
    Record Year 2012 (305) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014646795
    New companies in 2013756271
    % change-14.7%8.1%33.8%
    Record Year2012 (86)2012 (90)2012 (129)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 167 companies were dissolved in Portsmouth during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 27.5% versus the same period last year (Q1 2013). This figure compares poorly to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)PortsmouthUK
    201416782,370
    201313177,914
    % change27.5%5.7%
    Record Year 2009 (176) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Portsmouth when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014467447
    Closed companies in 2013513842
    % change-9.8%94.7%12%
    Record Year2013 (51)2014 (74)2009 (93)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Portsmouth during the first quarter of 2014 (Jan 2014 - Mar 2014) was 59 companies.

    first quarter (Jan 2014 - Mar 2014)PortsmouthUK
    20145968,352
    20137756,888
    Record Year 2012 (174) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201418-748
    Net growth in 2013242429
    Record Year2012 (37)2012 (46)2012 (91)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Portsmouth formed 0.1% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Portsmouth
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2012 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.1%0.1%0.2%
    UK formation share in 20130.2%0.1%0.2%
    % change-20.1%-0.2%11.6%
    Record Year1999 (0.3%)2002 (0.3%)1997 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 44.3.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Portsmouth was in 2006 when 35.2% of all directors were female.

    26.0% of all director appointments in Portsmouth in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.02%CONSULTING5.22%
    CONSULTING1.57%MANAGEMENT4.67%
    PORTSMOUTH1.27%CONSULTANCY3.49%
    CONSTRUCTION1.05%PROPERTY2.64%
    CLEANING0.97%TRADING2.05%
    CONSULTANCY0.97%LONDON1.88%
    ENGINEERING0.75%ENGINEERING1.86%
    PROPERTY0.67%CARE1.79%
    TRAINING0.67%CONSTRUCTION1.75%
    SOUTH0.60%DESIGN1.75%
    CENTRE0.60%CONSULTANTS1.73%
    CAR0.52%BUSINESS1.71%
    SAFETY0.52%PROPERTIES1.60%
    HAMPSHIRE0.52%INVESTMENTS1.60%
    SOUTHERN0.52%GLOBAL1.58%
    PROPERTIES0.52%J1.48%
    TRADING0.45%ASSOCIATES1.48%
    GLOBAL0.45%MEDIA1.48%
    ELECTRICAL0.45%IT1.33%
    MARINE0.45%TRANSPORT1.30%
    GAS0.45%DEVELOPMENTS1.29%
    D0.45%BUILDING1.24%
    ASSOCIATES0.45%M1.21%
    S0.37%CAPITAL1.20%
    GROUP0.37%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied500280,210
    70229 - Management consultancy activities other than financial management10637,882
    88990 - Other social work activities without accommodation not elsewhere classified933,815
    62020 - Information technology consultancy activities9027,750
    82990 - Other business support service activities not elsewhere classified8356,411
    99999 - Dormant Company5947,084
    96090 - Other service activities not elsewhere classified5426,700
    86101 - Hospital activities362,870
    62090 - Other information technology service activities3112,813
    43999 - Other specialised construction activities not elsewhere classified288,155
    86900 - Other human health activities2810,273
    71129 - Other engineering activities245,477
    74990 - Non-trading company2214,135
    74909 - Other professional, scientific and technical activities not elsewhere classified2118,491
    71122 - Engineering related scientific and technical consulting activities213,022
    62012 - Business and domestic software development219,509
    56103 - Take-away food shops and mobile food stands207,300
    98000 - Residents property management194,832
    56101 - Licensed restaurants197,965
    43210 - Electrical installation185,885

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08925470 KENWACK SERVICES LTD 06 Mar 2014
    08927407 LMJ SERVICES PORTSMOUTH LTD 07 Mar 2014
    08928785 JM EVENTS AND PROJECT MANAGEMENT LTD 07 Mar 2014
    08938546 TDMEDIA (UK) COMPANY LIMITED 13 Mar 2014
    08943265 GREEN WASTE (UK) LTD 17 Mar 2014
    08945970 FRIENDSHAKE LTD 19 Mar 2014
    08949594 24/7 FITNESS (GB) LIMITED 20 Mar 2014
    08951845 BODY BALANCE AND SOLE LTD 21 Mar 2014
    08966115 SDS SCAFFOLDING (I.W.) LIMITED 28 Mar 2014
    08936718 CL&X LTD 13 Mar 2014
    08940569 MNS WASTE MANAGEMENT LIMITED 14 Mar 2014
    08961745 PLANTS AND MORE LIMITED 27 Mar 2014
    08921490 THE SALTERNS ACADEMY TRUST 04 Mar 2014
    08961803 MIKE WATSON CONTRACTING LIMITED 27 Mar 2014
    08920296 CAMPION CLOSE MANAGEMENT LIMITED 03 Mar 2014
    08921431 SEARLEY 1952 LIMITED 04 Mar 2014
    08924148 JEMZET LIMITED 05 Mar 2014
    08930678 SEACURE LIMITED 10 Mar 2014
    08940287 EVIE (UK) LIMITED 14 Mar 2014
    08943142 GREARS CONSULTING LTD 17 Mar 2014
    08944138 NEATFIX FENCING LTD 18 Mar 2014
    08944777 PLG SOLUTIONS LTD 18 Mar 2014
    08945141 QUARTZ DESIGN LIMITED 18 Mar 2014
    08945245 HERITAGE CONSTRUCTION LTD 18 Mar 2014
    OC392099 BLAKE MORGAN GROUP LLP 21 Mar 2014