Reading, Berkshire

2010 Annual 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. Annual Data (2010)

    A total of 2,877 companies were formed in Reading in 2010. This total is 2.1% lower than in 2009 and compares poorly to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearReadingUK
    20102,877400,358
    20092,938362,675
    20083,256349,203
    20074,023457,649
    20064,895405,440
    Record Year2005 (5,324)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,367 companies were formed in Reading. This figure is 6.7% lower than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Reading occurred in 2004 when a total of 2,451 were formed.

    Half Year (Jul-Dec)ReadingUK
    20101,367196,609
    20091,465180,654
    % change-6.7%8.8%
    Record Year2004 (2,451)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 658 companies were registered in Reading during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 6.4% versus the same period last year (Q4 2009). This figure compares badly to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)ReadingUK
    201065895,117
    200970385,983
    % change-6.4%10.6%
    Record Year 2004 (1,263) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010257226175
    New companies in 2009236256211
    % change8.9%-11.7%-17.1%
    Record Year2005 (398)2004 (487)2004 (409)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 3,134 companies were dissolved in Reading in 2010. This total is 48.6% lower than in 2009 and compares unfavourably to the UK figure of 35.9% decrease compared to the previous year.

    YearReadingUK
    20103,134342,232
    20096,103533,773
    20082,371237,901
    20073,328220,295
    20062,592200,166
    Record Year2009 (6,103)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 1,525 companies were dissolved in Reading. This figure is 34.7% lower than last year, which compares well to the UK wide change of -32.7%.

    The highest total for a second half year in Reading occurred in 2009 when a total of 2,336 were closed.

    Half Year (Jul-Dec)ReadingUK
    20101,525164,601
    20092,336244,537
    % change-34.7%-32.7%
    Record Year2009 (2,336)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 704 companies were dissolved in Reading during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 16.3% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)ReadingUK
    201070476,896
    200984185,136
    % change-16.3%-9.7%
    Record Year 2007 (866) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2010235312157
    Closed companies in 2009296234311
    % change-20.6%33.3%-50%
    Record Year2006 (339)2007 (375)2008 (317)

Net Company Growth

  1. Annual Data (2010)

    A total of -257 companies were removed to the company register for Reading in 2010. This number represents decline of 8.7% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 2,908 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2005 when the Reading company register grew by 3,464 companies.

    YearReadingUK
    2010-25758,126
    2009-3,165-171,098
    2008885111,302
    2007695237,354
    20062,303205,274
    Record Year2005 (3,464)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Reading decreased by 158 companies.

    Half Year (Jul-Dec)ReadingUK
    2010-15832,008
    2009-871-63,883
    Record Year2004 (1,822)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Reading during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was -46 companies.

    fourth quarter (Oct 2010 - Dec 2010)ReadingUK
    2010-4618,221
    2009-138847
    Record Year 2004 (934) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201022-8618
    Net growth in 2009-6022-100
    Record Year2004 (260)2004 (382)2003 (305)

UK Company Share

  1. Annual Data (2010)

    In 2010 Reading formed 0.7% of all UK companies. This is a decline on 2009 when Reading was responsible for 0.8% of all UK companies.

    YearReading
    20100.7%
    20090.8%
    20080.9%
    20070.9%
    20061.2%
    Record Year (since 1960)2005 (1.4%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

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

    Half Year (Jul-Dec)Reading
    20100.7%
    20090.8%
    20080.9%
    20071.0%
    20061.2%
    Record Year (since 1960) 2004 (1.5%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Reading formed 0.7% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Reading
    20100.7%
    20090.8%
    20080.8%
    20071.0%
    20061.1%
    Record Year (since 1960) 2004 (1.6%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.8%0.7%0.6%
    UK formation share in 20090.8%0.8%0.8%
    % change-4.6%-21.1%-21.1%
    Record Year2005 (1.3%)2004 (1.7%)2004 (1.8%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.3.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.4.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.7.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Reading was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Reading in 2010 was 27.3%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Reading was 1860 when 42.9% of all directors were female.

    25.4% of all director appointments in Reading in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Reading was in 1977 when 31.1% of all directors were female.

    25.6% of all director appointments in Reading in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.07%CONSULTING5.06%
    MANAGEMENT1.98%MANAGEMENT5.01%
    CONSULTANCY1.22%CONSULTANCY3.14%
    BUSINESS1.01%PROPERTY2.36%
    IT0.73%TRADING2.11%
    TRADING0.73%ASSOCIATES1.95%
    READING0.68%DESIGN1.92%
    ASSOCIATES0.62%BUSINESS1.82%
    GLOBAL0.55%CONSTRUCTION1.82%
    PROPERTY0.52%CONSULTANTS1.76%
    TECHNOLOGIES0.52%MEDIA1.71%
    BERKSHIRE0.49%ENGINEERING1.62%
    DESIGN0.47%LONDON1.60%
    ENTERPRISES0.47%CARE1.45%
    ENERGY0.47%INVESTMENTS1.44%
    SERVICE0.44%GLOBAL1.43%
    SECURITY0.44%J1.42%
    CONSULTANTS0.44%IT1.41%
    MEDIA0.42%PROPERTIES1.34%
    MARKETING0.39%INTERNATIONAL1.34%
    ENGINEERING0.39%BUILDING1.34%
    DEVELOPMENT0.39%M1.30%
    PARTNERS0.39%ELECTRICAL1.25%
    M0.36%SYSTEMS1.24%
    CARE0.36%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied2,044199,572
    7487 - Other business activities38363,348
    7499 - Non-trading company34312,000
    62020 - Information technology consultancy activities1749,177
    74990 - Non-trading company1708,243
    82990 - Other business support service activities not elsewhere classified17027,550
    7414 - Business & management consultancy15913,474
    70229 - Management consultancy activities other than financial management14314,505
    7222 - Other software consultancy and supply1347,298
    9999 - Dormant Company11820,144
    7260 - Other computer related activities1068,089
    99999 - Dormant Company9316,285
    62090 - Other information technology service activities786,330
    9305 - Other service activities748,858
    96090 - Other service activities not elsewhere classified498,799
    74909 - Other professional, scientific and technical activities not elsewhere classified477,088
    62012 - Business and domestic software development432,858
    98000 - Residents property management383,235
    4521 - General construction & civil engineering336,598
    68320 - Management of real estate on a fee or contract basis323,097

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07480110 HENNESSY & HAMMUDI LIMITED 30 Dec 2010
    07477958 PROAPPSYS LIMITED 23 Dec 2010
    07477595 ACLS CONSULTING LIMITED 23 Dec 2010
    07476689 CFM ENGINEERING LIMITED 22 Dec 2010
    07475757 BP BEST SOLUTIONS LTD 21 Dec 2010
    07467515 PREFER LIMITED 13 Dec 2010
    07462724 BELWETHER CONSULTING LTD 07 Dec 2010
    07460837 FLOWER COMMUNICATIONS LTD 06 Dec 2010
    07460506 OBITER CONSULT LIMITED 06 Dec 2010
    07459381 RG FURNITURES LTD 03 Dec 2010
    07456071 ICCHA CONSULTING LIMITED 01 Dec 2010
    07455925 QMEE LTD 01 Dec 2010
    OC360519 ROWBERRY MORRIS THAMES VALLEY LLP 29 Dec 2010
    07478152 DVDBA LIMITED 23 Dec 2010
    07471049 CAYENNE RED LIMITED 15 Dec 2010
    07469003 CONTINUUM WEALTH LIMITED 14 Dec 2010
    07465329 ITS A NEW DAY PRODUCTIONS LIMITED 09 Dec 2010
    07468295 MAYFAIR BUSINESS VENTURES LTD 13 Dec 2010
    07465262 MILADI LIMITED 09 Dec 2010
    07460647 HILL INTERIM MANAGEMENT LTD 06 Dec 2010
    07475171 POLYMORPHIK CONSULTING LTD 21 Dec 2010
    07473311 AVAILABILITY CONSULTING LIMITED 20 Dec 2010
    07462662 ELY GOLF LTD 07 Dec 2010
    07457262 BWMUK LIMITED 01 Dec 2010
    07475109 PLAST-O-POL LTD 21 Dec 2010