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
New Company Registrations
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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) Portsmouth UK 2014 226 150,722 2013 208 134,802 % change 8.7% 11.8% Record Year 2012 (305) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
New Companies by Month
January February March New companies in 2014 64 67 95 New companies in 2013 75 62 71 % change -14.7% 8.1% 33.8% Record Year 2012 (86) 2012 (90) 2012 (129)
Closed Companies (dissolved)
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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) Portsmouth UK 2014 167 82,370 2013 131 77,914 % change 27.5% 5.7% Record Year 2009 (176) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2014 46 74 47 Closed companies in 2013 51 38 42 % change -9.8% 94.7% 12% Record Year 2013 (51) 2014 (74) 2009 (93)
Net Company Growth
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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) Portsmouth UK 2014 59 68,352 2013 77 56,888 Record Year 2012 (174) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Net Growth by Month
January February March Net growth in 2014 18 -7 48 Net growth in 2013 24 24 29 Record Year 2012 (37) 2012 (46) 2012 (91)
UK Company Share
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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 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2012 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2014)
Company Share by Month
January February March UK formation share in 2014 0.1% 0.1% 0.2% UK formation share in 2013 0.2% 0.1% 0.2% % change -20.1% -0.2% 11.6% Record Year 1999 (0.3%) 2002 (0.3%) 1997 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2013-Mar 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.02% CONSULTING 5.22% CONSULTING 1.57% MANAGEMENT 4.67% PORTSMOUTH 1.27% CONSULTANCY 3.49% CONSTRUCTION 1.05% PROPERTY 2.64% CLEANING 0.97% TRADING 2.05% CONSULTANCY 0.97% LONDON 1.88% ENGINEERING 0.75% ENGINEERING 1.86% PROPERTY 0.67% CARE 1.79% TRAINING 0.67% CONSTRUCTION 1.75% SOUTH 0.60% DESIGN 1.75% CENTRE 0.60% CONSULTANTS 1.73% CAR 0.52% BUSINESS 1.71% SAFETY 0.52% PROPERTIES 1.60% HAMPSHIRE 0.52% INVESTMENTS 1.60% SOUTHERN 0.52% GLOBAL 1.58% PROPERTIES 0.52% J 1.48% TRADING 0.45% ASSOCIATES 1.48% GLOBAL 0.45% MEDIA 1.48% ELECTRICAL 0.45% IT 1.33% MARINE 0.45% TRANSPORT 1.30% GAS 0.45% DEVELOPMENTS 1.29% D 0.45% BUILDING 1.24% ASSOCIATES 0.45% M 1.21% S 0.37% CAPITAL 1.20% GROUP 0.37% ELECTRICAL 1.19%
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 500 280,210 70229 - Management consultancy activities other than financial management 106 37,882 88990 - Other social work activities without accommodation not elsewhere classified 93 3,815 62020 - Information technology consultancy activities 90 27,750 82990 - Other business support service activities not elsewhere classified 83 56,411 99999 - Dormant Company 59 47,084 96090 - Other service activities not elsewhere classified 54 26,700 86101 - Hospital activities 36 2,870 62090 - Other information technology service activities 31 12,813 43999 - Other specialised construction activities not elsewhere classified 28 8,155 86900 - Other human health activities 28 10,273 71129 - Other engineering activities 24 5,477 74990 - Non-trading company 22 14,135 74909 - Other professional, scientific and technical activities not elsewhere classified 21 18,491 71122 - Engineering related scientific and technical consulting activities 21 3,022 62012 - Business and domestic software development 21 9,509 56103 - Take-away food shops and mobile food stands 20 7,300 98000 - Residents property management 19 4,832 56101 - Licensed restaurants 19 7,965 43210 - Electrical installation 18 5,885
Recent Companies
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Randomly selected companies from this quarter
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