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

  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. 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.

    YearPortsmouthUK
    2014864582,051
    2013806529,363
    20121,020491,893
    2011876452,870
    2010698400,358
    Record Year2012 (1,020)2014 (582,051)
    New Companies by Year
  2. 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)PortsmouthUK
    2014408281,320
    2013377259,931
    % change8.2%8.2%
    Record Year2011 (480)2014 (281,320)
    New Companies by Half Year
  3. 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)PortsmouthUK
    2014205137,906
    2013172127,247
    % change19.2%8.4%
    Record Year 2011 (239) 2014 (137,906)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2014767257
    New companies in 2013675352
    % change13.4%35.8%9.6%
    Record Year2011 (87)2010 (78)2011 (76)

Closed Companies (dissolved)

  1. 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.

    YearPortsmouthUK
    2014630367,937
    2013597332,213
    2012473293,729
    2011516314,524
    2010577342,233
    Record Year2009 (771)2009 (533,789)
    Dissolved Companies by Year
  2. 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)PortsmouthUK
    2014315190,730
    2013334177,021
    % change-5.7%7.7%
    Record Year2009 (350)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)PortsmouthUK
    201414989,060
    201316290,851
    % change-8.0%-2.0%
    Record Year 2013 (162) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2014453470
    Closed companies in 2013713655
    % change-36.6%-5.6%27%
    Record Year2013 (71)2010 (54)2014 (70)

Net Company Growth

  1. 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.

    YearPortsmouthUK
    2014234214,114
    2013209197,150
    2012547198,164
    2011360138,346
    201012158,125
    Record Year2012 (547)2007 (237,353)
    Net Growth by Year
  2. 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)PortsmouthUK
    20149390,590
    20134382,910
    Record Year2003 (242)2003 (117,772)
    Net Growth by Half Year
  3. 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)PortsmouthUK
    20145648,846
    20131036,396
    Record Year 2011 (102) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 20143138-13
    Net growth in 2013-417-3
    Record Year2003 (57)2014 (38)2003 (37)

UK Company Share

  1. 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.

    YearPortsmouth
    20140.1%
    20130.2%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960)1999 (0.2%)
    Company Share by Year
  2. 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
    20140.1%
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Half Year
  3. 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
    20140.1%
    20130.1%
    20120.1%
    20110.2%
    20100.2%
    Record Year (since 1960) 2011 (0.2%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2014)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20140.1%0.2%0.1%
    UK formation share in 20130.1%0.1%0.2%
    % change7.9%29.0%-6.2%
    Record Year1994 (0.2%)1995 (0.3%)1996 (0.3%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.03%CONSULTING5.22%
    CONSULTANCY1.45%MANAGEMENT4.58%
    PORTSMOUTH1.37%CONSULTANCY3.57%
    PROPERTY1.01%PROPERTY2.66%
    CONSULTING1.01%CONSTRUCTION2.12%
    SOUTHERN0.87%ENGINEERING2.10%
    J0.80%CARE2.02%
    ENGINEERING0.72%TRADING1.94%
    SOUTH0.72%LONDON1.93%
    CARE0.65%TRANSPORT1.93%
    CONSTRUCTION0.65%DESIGN1.66%
    (SOUTHERN)0.65%CONSULTANTS1.64%
    PROPERTIES0.58%ELECTRICAL1.62%
    TRAINING0.58%PROPERTIES1.62%
    CAR0.51%BUSINESS1.56%
    EVENTS0.51%J1.54%
    RECRUITMENT0.51%CO.,1.50%
    S0.51%GLOBAL1.49%
    MARKETING0.51%INVESTMENTS1.48%
    PLUMBING0.51%ASSOCIATES1.47%
    ROAD0.51%DEVELOPMENTS1.35%
    ELECTRICAL0.43%MEDIA1.33%
    FITNESS0.43%IT1.31%
    MAINTENANCE0.43%BUILDING1.29%
    ENTERPRISES0.43%M1.22%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied501265,608
    70229 - Management consultancy activities other than financial management9742,290
    82990 - Other business support service activities not elsewhere classified8458,068
    62020 - Information technology consultancy activities7230,178
    96090 - Other service activities not elsewhere classified6529,009
    88990 - Other social work activities without accommodation not elsewhere classified604,756
    99999 - Dormant Company5848,509
    86101 - Hospital activities314,366
    86900 - Other human health activities2712,976
    62090 - Other information technology service activities2612,837
    98000 - Residents property management245,255
    43999 - Other specialised construction activities not elsewhere classified228,761
    56103 - Take-away food shops and mobile food stands228,318
    43210 - Electrical installation195,985
    56101 - Licensed restaurants198,782
    68209 - Other letting and operating of own or leased real estate1811,212
    71129 - Other engineering activities186,132
    74909 - Other professional, scientific and technical activities not elsewhere classified1819,049
    74990 - Non-trading company1713,984
    62012 - Business and domestic software development179,752

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09261382 SEA PEA LTD 13 Oct 2014
    09266385 24/7 FITNESS SOUTHAMPTON LIMITED 16 Oct 2014
    09267456 WPS SOUTHERN LIMITED 16 Oct 2014
    09278962 LUMIERE INDUSTRIES LTD 24 Oct 2014
    09279606 INTERNATIONAL TALENT SOLUTIONS LIMITED 24 Oct 2014
    09281158 AJ HOMES IW LIMITED 27 Oct 2014
    09285412 J C L PROPERTIES LIMITED 29 Oct 2014
    09250227 DIAMOND ECHO LTD 06 Oct 2014
    09275238 SAGACITY OUTCOMES LTD 22 Oct 2014
    09272580 ELECTRA HAIR & BEAUTY LTD 21 Oct 2014
    09286038 PORTSMOUTH UNITED F.C LIMITED 29 Oct 2014
    09242783 AEON PROCUREMENT SOLUTIONS LIMITED 01 Oct 2014
    09245399 MEDICO CONSULTANCY LTD 02 Oct 2014
    09245495 PRIORY TREE CARE LTD 02 Oct 2014
    09249308 NICE N FRESH LTD 06 Oct 2014
    09253974 HAYLING MARINE SERVICES LIMITED 08 Oct 2014
    09258883 SOUTHERN VOIDS LTD 10 Oct 2014
    09259513 IYKBETHANY INVESTMENTS UK LTD 11 Oct 2014
    09261720 J & J SCAFFOLDING LTD 13 Oct 2014
    09261876 HIBABY LTD 13 Oct 2014
    09261880 TWYFORD SOLAR LIMITED 13 Oct 2014
    09261896 MAYFIELD RECORDS LTD 13 Oct 2014
    09270596 DIAGNOSYS TEST SYSTEMS UK LIMITED 20 Oct 2014
    09272447 MACTHEFORKS LTD 21 Oct 2014
    09273894 PERFECT PITCH ROOFING LIMITED 21 Oct 2014