Reading, Berkshire

2010 Half Year Business Confidence Report

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. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 1,510 companies were formed in Reading. This figure is 2.5% higher than last year, which compares badly to the UK wide figure of 11.9%.

    The highest total for a first half year in Reading occurred in 2005 when a total of 2,874 were formed.

    Half Year (Jan-Jun)ReadingUK
    20101,510203,749
    20091,473182,021
    % change2.5%11.9%
    Record Year2005 (2,874)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 748 companies were registered in Reading during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 1.5% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)ReadingUK
    201074898,612
    200973790,987
    % change1.5%8.4%
    Record Year 2005 (1,309) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010248223277
    New companies in 2009239232266
    % change3.8%-3.9%4.1%
    Record Year2005 (492)2006 (413)2005 (425)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 a total of 1,609 companies were dissolved in Reading. This figure is 57.3% lower than last year, which compares well to the UK wide change of -38.6%.

    The highest total for a first half year in Reading occurred in 2009 when a total of 3,767 were closed.

    Half Year (Jan-Jun)ReadingUK
    20101,609177,631
    20093,767289,236
    % change-57.3%-38.6%
    Record Year2009 (3,767)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 895 companies were dissolved in Reading during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is a decrease of 61.0% versus the same period last year (Q2 2009). This figure compares well to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)ReadingUK
    201089594,954
    20092,292181,176
    % change-61.0%-47.6%
    Record Year 2009 (2,292) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010190354351
    Closed companies in 2009872876544
    % change-78.2%-59.6%-35%
    Record Year2009 (872)2009 (876)2009 (544)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Reading decreased by 99 companies.

    Half Year (Jan-Jun)ReadingUK
    2010-9926,118
    2009-2,294-107,215
    Record Year2005 (2,142)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Reading during the second quarter of 2010 (Apr 2010 - Jun 2010) was -147 companies.

    second quarter (Apr 2010 - Jun 2010)ReadingUK
    2010-1473,658
    2009-1,555-90,189
    Record Year 2005 (905) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201058-131-74
    Net growth in 2009-633-644-278
    Record Year2005 (371)2005 (274)2005 (260)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Reading formed 0.7% of all UK companies. This is less than the 2009 figure of 0.8%.

    Half Year (Jan-Jun)Reading
    20100.7%
    20090.8%
    20081.0%
    20070.8%
    20061.2%
    Record Year (since 1960) 2005 (1.5%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Reading formed 0.8% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Reading
    20100.8%
    20090.8%
    20081.0%
    20070.9%
    20061.1%
    Record Year (since 1960) 2005 (1.4%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.7%0.7%0.8%
    UK formation share in 20090.8%0.8%0.8%
    % change-4.6%-8.4%-6.3%
    Record Year2005 (1.5%)1963 (1.7%)1968 (1.4%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 44.2.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 44.0.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.1% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Reading was 1861 when 40.0% of all directors were female.

    26.8% of all director appointments in Reading in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Reading was in 1866 when 66.7% of all directors were female.

    27.8% of all director appointments in Reading in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.97%MANAGEMENT5.01%
    MANAGEMENT1.91%CONSULTING4.79%
    CONSULTANCY1.42%CONSULTANCY3.02%
    BUSINESS0.98%PROPERTY2.40%
    ASSOCIATES0.83%ASSOCIATES2.02%
    SERVICE0.80%TRADING2.01%
    IT0.72%DESIGN1.91%
    CONSULTANTS0.72%CONSTRUCTION1.85%
    TRADING0.64%MEDIA1.80%
    EUROPE0.57%BUSINESS1.75%
    READING0.57%CONSULTANTS1.71%
    MEDIA0.57%INTERNATIONAL1.59%
    INTERNATIONAL0.54%ENGINEERING1.56%
    GROUP0.54%LONDON1.52%
    MARKETING0.52%INVESTMENTS1.49%
    -0.49%J1.46%
    DESIGN0.49%CARE1.41%
    CAPITAL0.49%GLOBAL1.39%
    CARE0.49%PROPERTIES1.35%
    ENTERPRISES0.46%BUILDING1.33%
    GLOBAL0.46%M1.29%
    SALES0.44%IT1.28%
    CONSTRUCTION0.44%ELECTRICAL1.27%
    ENERGY0.41%GROUP1.25%
    PARTNERS0.41%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,312207,125
    7499 - Non-trading company47113,997
    7487 - Other business activities44068,525
    74990 - Non-trading company1737,893
    62020 - Information technology consultancy activities1618,590
    82990 - Other business support service activities not elsewhere classified16025,942
    7414 - Business & management consultancy15914,598
    7222 - Other software consultancy and supply1468,285
    70229 - Management consultancy activities other than financial management12613,490
    7260 - Other computer related activities1169,122
    9999 - Dormant Company11019,842
    99999 - Dormant Company9614,342
    62090 - Other information technology service activities825,854
    9305 - Other service activities638,822
    74909 - Other professional, scientific and technical activities not elsewhere classified486,684
    4521 - General construction & civil engineering458,262
    96090 - Other service activities not elsewhere classified427,922
    98000 - Residents property management383,540
    62012 - Business and domestic software development322,576
    41100 - Development of building projects323,945

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240414 PROSAT AERIAL SERVICES LIMITED 30 Apr 2010
    07240229 INNOVATION ENVIRONMENT UK LIMITED 30 Apr 2010
    07238743 KIACTA EUROPE LTD 29 Apr 2010
    07235657 ORTHO EXECUTIVE LIMITED 27 Apr 2010
    07234765 THE PHARMA LETTER LIMITED 26 Apr 2010
    07234614 66 GRANVILLE PARK RTM COMPANY LIMITED 26 Apr 2010
    07234527 ALLIANCE STAR LTD 26 Apr 2010
    07232802 NEW IT BRIDGE LTD 22 Apr 2010
    07218142 FM OPTIMISER LIMITED 09 Apr 2010
    07217799 AIM TO SUCCEED LTD 08 Apr 2010
    07216012 FISHCOMBE COVE LIMITED 07 Apr 2010
    07214594 AASHU ENTERPRISES LIMITED 07 Apr 2010
    07213621 RADMAR LTD. 06 Apr 2010
    OC354032 REALM PARTNERS UK LLP 12 Apr 2010
    07237898 THE UNLIMITED LIFESTYLE LIMITED 28 Apr 2010
    07236856 WHYNUT LIMITED 27 Apr 2010
    07230495 SOCIETY FOR RESOURCES, ENVIRONMENT AND ENGINEERING 21 Apr 2010
    07216600 THE TRINITY OF F.R.M FASHION LIMITED 08 Apr 2010
    07230170 MOBILITI LTD 21 Apr 2010
    07228450 V-TEMPS CIC 20 Apr 2010
    07232156 S J NEWPORT & LEGG LTD 22 Apr 2010
    07236757 NVWK ESTATES LIMITED 27 Apr 2010
    07232913 QSPI LIMITED 23 Apr 2010
    07229262 HI-TEK BUSINESS SOLUTIONS LTD 20 Apr 2010
    07223062 EURASIA ENVIROTEC LIMITED 14 Apr 2010