Portsmouth, Hampshire
2014 Annual Business Confidence Report
Headlines
- December 2014 saw a new record in company closures in Portsmouth when compared to any previous December.
- November 2014 saw a new record in net growth in Portsmouth when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2014)
A total of 864 companies were formed in Portsmouth in 2014. This total is 7.2% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Portsmouth UK 2014 864 582,051 2013 806 529,363 2012 1,020 491,893 2011 876 452,870 2010 698 400,358 Record Year 2012 (1,020) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 408 companies were formed in Portsmouth. This figure is 8.2% higher than last year, which compares equally to the UK wide figure of 8.2%.
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 2014 408 281,320 2013 377 259,931 % change 8.2% 8.2% Record Year 2011 (480) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 205 companies were registered in Portsmouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 19.2% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Portsmouth UK 2014 205 137,906 2013 172 127,247 % change 19.2% 8.4% Record Year 2011 (239) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
New Companies by Month
October November December New companies in 2014 76 72 57 New companies in 2013 67 53 52 % change 13.4% 35.8% 9.6% Record Year 2011 (87) 2010 (78) 2011 (76)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 630 companies were dissolved in Portsmouth in 2014. This total is 5.5% higher than in 2013 and compares unfavourably to the UK figure of 10.8% growth compared to the previous year.
Year Portsmouth UK 2014 630 367,937 2013 597 332,213 2012 473 293,729 2011 516 314,524 2010 577 342,233 Record Year 2009 (771) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 315 companies were dissolved in Portsmouth. This figure is 5.7% lower than last year, which compares well to the UK wide change of 7.7%.
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 2014 315 190,730 2013 334 177,021 % change -5.7% 7.7% Record Year 2009 (350) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 149 companies were dissolved in Portsmouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is a decrease of 8.0% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Portsmouth UK 2014 149 89,060 2013 162 90,851 % change -8.0% -2.0% Record Year 2013 (162) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Portsmouth when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 45 34 70 Closed companies in 2013 71 36 55 % change -36.6% -5.6% 27% Record Year 2013 (71) 2010 (54) 2014 (70)
Net Company Growth
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Annual Data (2014)
A total of 234 companies were added to the company register for Portsmouth in 2014. This number represents growth of 27.1% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 25 companies higher 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 2014 234 214,114 2013 209 197,150 2012 547 198,164 2011 360 138,346 2010 121 58,125 Record Year 2012 (547) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Portsmouth increased by 93 companies.
Half Year (Jul-Dec) Portsmouth UK 2014 93 90,590 2013 43 82,910 Record Year 2003 (242) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Portsmouth during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 56 companies.
fourth quarter (Oct 2014 - Dec 2014) Portsmouth UK 2014 56 48,846 2013 10 36,396 Record Year 2011 (102) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in net growth in Portsmouth when compared to any previous November.
Net Growth by Month
October November December Net growth in 2014 31 38 -13 Net growth in 2013 -4 17 -3 Record Year 2003 (57) 2014 (38) 2003 (37)
UK Company Share
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Annual Data (2014)
In 2014 Portsmouth formed 0.1% of all UK companies. This is a decline on 2013 when Portsmouth was responsible for 0.2% of all UK companies.
Year Portsmouth 2014 0.1% 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 1999 (0.2%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Portsmouth formed 0.1% of all UK companies. This is the same as the 2013 figure of 0.1%.
Half Year (Jul-Dec) Portsmouth 2014 0.1% 2013 0.1% 2012 0.2% 2011 0.2% 2010 0.2% Record Year (since 1960) 2011 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Portsmouth formed 0.1% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Portsmouth 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.2% 2010 0.2% Record Year (since 1960) 2011 (0.2%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.1% 0.2% 0.1% UK formation share in 2013 0.1% 0.1% 0.2% % change 7.9% 29.0% -6.2% Record Year 1994 (0.2%) 1995 (0.3%) 1996 (0.3%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 44.4.
The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 43.6.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.6.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
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 2014 was 25.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Portsmouth was 2007 when 32.6% of all directors were female.
23.2% of all director appointments in Portsmouth in the second half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Portsmouth was in 2005 when 30.1% of all directors were female.
20.4% of all director appointments in Portsmouth in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.03% CONSULTING 5.22% CONSULTANCY 1.45% MANAGEMENT 4.58% PORTSMOUTH 1.37% CONSULTANCY 3.57% PROPERTY 1.01% PROPERTY 2.66% CONSULTING 1.01% CONSTRUCTION 2.12% SOUTHERN 0.87% ENGINEERING 2.10% J 0.80% CARE 2.02% ENGINEERING 0.72% TRADING 1.94% SOUTH 0.72% LONDON 1.93% CARE 0.65% TRANSPORT 1.93% CONSTRUCTION 0.65% DESIGN 1.66% (SOUTHERN) 0.65% CONSULTANTS 1.64% PROPERTIES 0.58% ELECTRICAL 1.62% TRAINING 0.58% PROPERTIES 1.62% CAR 0.51% BUSINESS 1.56% EVENTS 0.51% J 1.54% RECRUITMENT 0.51% CO., 1.50% S 0.51% GLOBAL 1.49% MARKETING 0.51% INVESTMENTS 1.48% PLUMBING 0.51% ASSOCIATES 1.47% ROAD 0.51% DEVELOPMENTS 1.35% ELECTRICAL 0.43% MEDIA 1.33% FITNESS 0.43% IT 1.31% MAINTENANCE 0.43% BUILDING 1.29% ENTERPRISES 0.43% M 1.22%
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 501 265,608 70229 - Management consultancy activities other than financial management 97 42,290 82990 - Other business support service activities not elsewhere classified 84 58,068 62020 - Information technology consultancy activities 72 30,178 96090 - Other service activities not elsewhere classified 65 29,009 88990 - Other social work activities without accommodation not elsewhere classified 60 4,756 99999 - Dormant Company 58 48,509 86101 - Hospital activities 31 4,366 86900 - Other human health activities 27 12,976 62090 - Other information technology service activities 26 12,837 98000 - Residents property management 24 5,255 43999 - Other specialised construction activities not elsewhere classified 22 8,761 56103 - Take-away food shops and mobile food stands 22 8,318 43210 - Electrical installation 19 5,985 56101 - Licensed restaurants 19 8,782 68209 - Other letting and operating of own or leased real estate 18 11,212 71129 - Other engineering activities 18 6,132 74909 - Other professional, scientific and technical activities not elsewhere classified 18 19,049 74990 - Non-trading company 17 13,984 62012 - Business and domestic software development 17 9,752
Recent Companies
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Randomly selected companies from this quarter
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