Reading, Berkshire
2010 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Reading UK 2010 1,510 203,749 2009 1,473 182,021 % change 2.5% 11.9% Record Year 2005 (2,874) 2007 (279,097) New Companies by Half Year
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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) Reading UK 2010 748 98,612 2009 737 90,987 % change 1.5% 8.4% Record Year 2005 (1,309) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 248 223 277 New companies in 2009 239 232 266 % change 3.8% -3.9% 4.1% Record Year 2005 (492) 2006 (413) 2005 (425)
Closed Companies (dissolved)
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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) Reading UK 2010 1,609 177,631 2009 3,767 289,236 % change -57.3% -38.6% Record Year 2009 (3,767) 2009 (289,236) Dissolved Companies by Half Year
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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) Reading UK 2010 895 94,954 2009 2,292 181,176 % change -61.0% -47.6% Record Year 2009 (2,292) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 190 354 351 Closed companies in 2009 872 876 544 % change -78.2% -59.6% -35% Record Year 2009 (872) 2009 (876) 2009 (544)
Net Company Growth
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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) Reading UK 2010 -99 26,118 2009 -2,294 -107,215 Record Year 2005 (2,142) 2007 (171,296) Net Growth by Half Year
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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) Reading UK 2010 -147 3,658 2009 -1,555 -90,189 Record Year 2005 (905) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 58 -131 -74 Net growth in 2009 -633 -644 -278 Record Year 2005 (371) 2005 (274) 2005 (260)
UK Company Share
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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 2010 0.7% 2009 0.8% 2008 1.0% 2007 0.8% 2006 1.2% Record Year (since 1960) 2005 (1.5%) Company Share by Half Year
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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 2010 0.8% 2009 0.8% 2008 1.0% 2007 0.9% 2006 1.1% Record Year (since 1960) 2005 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.7% 0.7% 0.8% UK formation share in 2009 0.8% 0.8% 0.8% % change -4.6% -8.4% -6.3% Record Year 2005 (1.5%) 1963 (1.7%) 1968 (1.4%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.97% MANAGEMENT 5.01% MANAGEMENT 1.91% CONSULTING 4.79% CONSULTANCY 1.42% CONSULTANCY 3.02% BUSINESS 0.98% PROPERTY 2.40% ASSOCIATES 0.83% ASSOCIATES 2.02% SERVICE 0.80% TRADING 2.01% IT 0.72% DESIGN 1.91% CONSULTANTS 0.72% CONSTRUCTION 1.85% TRADING 0.64% MEDIA 1.80% EUROPE 0.57% BUSINESS 1.75% READING 0.57% CONSULTANTS 1.71% MEDIA 0.57% INTERNATIONAL 1.59% INTERNATIONAL 0.54% ENGINEERING 1.56% GROUP 0.54% LONDON 1.52% MARKETING 0.52% INVESTMENTS 1.49% - 0.49% J 1.46% DESIGN 0.49% CARE 1.41% CAPITAL 0.49% GLOBAL 1.39% CARE 0.49% PROPERTIES 1.35% ENTERPRISES 0.46% BUILDING 1.33% GLOBAL 0.46% M 1.29% SALES 0.44% IT 1.28% CONSTRUCTION 0.44% ELECTRICAL 1.27% ENERGY 0.41% GROUP 1.25% PARTNERS 0.41% DEVELOPMENTS 1.25%
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 2,312 207,125 7499 - Non-trading company 471 13,997 7487 - Other business activities 440 68,525 74990 - Non-trading company 173 7,893 62020 - Information technology consultancy activities 161 8,590 82990 - Other business support service activities not elsewhere classified 160 25,942 7414 - Business & management consultancy 159 14,598 7222 - Other software consultancy and supply 146 8,285 70229 - Management consultancy activities other than financial management 126 13,490 7260 - Other computer related activities 116 9,122 9999 - Dormant Company 110 19,842 99999 - Dormant Company 96 14,342 62090 - Other information technology service activities 82 5,854 9305 - Other service activities 63 8,822 74909 - Other professional, scientific and technical activities not elsewhere classified 48 6,684 4521 - General construction & civil engineering 45 8,262 96090 - Other service activities not elsewhere classified 42 7,922 98000 - Residents property management 38 3,540 62012 - Business and domestic software development 32 2,576 41100 - Development of building projects 32 3,945
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07240182 JAMES COWPER CAPITAL LIMITED 30 Apr 2010 07239986 RICHARD RONCHETTI LIMITED 30 Apr 2010 07237746 FUZION HR LIMITED 28 Apr 2010 07235672 SOUL FOOD KITCHEN LIMITED 27 Apr 2010 07234765 THE PHARMA LETTER LIMITED 26 Apr 2010 07229020 POPPY LOUNGE LIMITED 20 Apr 2010 07225950 CHARTERHOUSE VENTURES (1) LIMITED 16 Apr 2010 07221116 RACOMMS LTD 13 Apr 2010 07220723 TWENTY FORTY LIMITED 12 Apr 2010 07220318 RANGEEN BOUTIQUE LIMITED 12 Apr 2010 07218965 43 HALF EDGE LANE RTM COMPANY LTD 09 Apr 2010 07217799 AIM TO SUCCEED LTD 08 Apr 2010 07213629 SIAF LTD 06 Apr 2010 07234762 THE SACRED SHIELD LTD 26 Apr 2010 07230267 M & S 2010 (UK) LTD 21 Apr 2010 07227620 PESCH LIMITED 19 Apr 2010 07237388 STROMBOLITECH LIMITED 28 Apr 2010 07230170 MOBILITI LTD 21 Apr 2010 07213401 SOUTHERN GROUNDWORKS LTD 06 Apr 2010 07230981 KEY BUSINESS DEVELOPMENTS LIMITED 21 Apr 2010 07240882 BAPPAS LIMITED 30 Apr 2010 07236757 NVWK ESTATES LIMITED 27 Apr 2010 07231299 TEQTONIK LIMITED 22 Apr 2010 07230728 ACUMENTIA MEMBERS LTD 21 Apr 2010 07223047 ORACLE SUN ACQUISITION 14 Apr 2010
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