Reading, Berkshire
Q1 2010 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 762 companies were registered in Reading during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 3.5% versus the same period last year (Q1 2009). This figure compares badly to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Reading UK 2010 762 105,137 2009 736 91,034 % change 3.5% 15.5% Record Year 2005 (1,565) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
New Companies by Month
January February March New companies in 2010 231 240 291 New companies in 2009 225 226 285 % change 2.7% 6.2% 2.1% Record Year 2006 (459) 2005 (549) 2006 (595)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 714 companies were dissolved in Reading during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 51.6% versus the same period last year (Q1 2009). This figure compares well to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Reading UK 2010 714 82,677 2009 1,475 108,060 % change -51.6% -23.5% Record Year 2009 (1,475) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Dissolved Companies by Month
January February March Closed companies in 2010 189 219 306 Closed companies in 2009 160 274 1,041 % change 18.1% -20.1% -71% Record Year 2007 (327) 2008 (340) 2009 (1,041)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Reading during the first quarter of 2010 (Jan 2010 - Mar 2010) was 48 companies.
first quarter (Jan 2010 - Mar 2010) Reading UK 2010 48 22,460 2009 -739 -17,026 Record Year 2005 (1,237) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 42 21 -15 Net growth in 2009 65 -48 -756 Record Year 2005 (346) 2005 (441) 2006 (463)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Reading formed 0.7% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Reading 2010 0.7% 2009 0.8% 2008 1.0% 2007 0.7% 2006 1.4% Record Year (since 1960) 2005 (1.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.8% 0.7% 0.7% UK formation share in 2009 0.8% 0.8% 0.8% % change -4.7% -9.0% -15.2% Record Year 2005 (1.6%) 2005 (1.7%) 2005 (1.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.5.
The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Reading was in 1861 when 40.0% of all directors were female.
25.8% of all director appointments in Reading in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.94% MANAGEMENT 5.01% MANAGEMENT 2.01% CONSULTING 4.60% CONSULTANCY 1.38% CONSULTANCY 2.87% BUSINESS 0.89% PROPERTY 2.50% SERVICE 0.83% ASSOCIATES 2.04% ASSOCIATES 0.76% TRADING 1.93% INTERNATIONAL 0.76% DESIGN 1.91% IT 0.73% CONSTRUCTION 1.87% MARKETING 0.68% MEDIA 1.84% CONSULTANTS 0.65% BUSINESS 1.74% TRADING 0.65% INTERNATIONAL 1.73% MEDIA 0.63% CONSULTANTS 1.63% GLOBAL 0.60% ENGINEERING 1.54% GROUP 0.60% J 1.48% - 0.60% LONDON 1.45% READING 0.57% INVESTMENTS 1.45% EUROPE 0.55% GROUP 1.37% CONSTRUCTION 0.52% GLOBAL 1.35% CAPITAL 0.49% PROPERTIES 1.35% PARTNERS 0.49% BUILDING 1.34% DESIGN 0.47% CARE 1.33% PROPERTY 0.47% ELECTRICAL 1.30% TECHNOLOGIES 0.44% M 1.28% ENTERPRISES 0.44% SYSTEMS 1.25% CARE 0.42% S 1.23%
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 2,443 228,645 7499 - Non-trading company 528 15,398 7487 - Other business activities 464 74,904 62020 - Information technology consultancy activities 185 9,943 74990 - Non-trading company 179 8,149 7414 - Business & management consultancy 169 17,003 82990 - Other business support service activities not elsewhere classified 169 26,974 7222 - Other software consultancy and supply 151 9,659 70229 - Management consultancy activities other than financial management 139 14,007 7260 - Other computer related activities 126 10,331 9999 - Dormant Company 104 19,948 62090 - Other information technology service activities 92 6,340 99999 - Dormant Company 85 13,808 9305 - Other service activities 65 9,038 74909 - Other professional, scientific and technical activities not elsewhere classified 52 7,143 4521 - General construction & civil engineering 46 9,325 96090 - Other service activities not elsewhere classified 40 8,154 41100 - Development of building projects 39 4,513 62012 - Business and domestic software development 39 2,646 98000 - Residents property management 38 3,892
Recent Companies
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Randomly selected companies from this quarter
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