Reading, Berkshire
2010 Annual Business Confidence Report
Contents
New Company Registrations
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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.
Year Reading UK 2010 2,877 400,358 2009 2,938 362,675 2008 3,256 349,203 2007 4,023 457,649 2006 4,895 405,440 Record Year 2005 (5,324) 2007 (457,649) New Companies by Year
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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) Reading UK 2010 1,367 196,609 2009 1,465 180,654 % change -6.7% 8.8% Record Year 2004 (2,451) 2003 (201,446) New Companies by Half Year
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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) Reading UK 2010 658 95,117 2009 703 85,983 % change -6.4% 10.6% Record Year 2004 (1,263) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 257 226 175 New companies in 2009 236 256 211 % change 8.9% -11.7% -17.1% Record Year 2005 (398) 2004 (487) 2004 (409)
Closed Companies (dissolved)
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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.
Year Reading UK 2010 3,134 342,232 2009 6,103 533,773 2008 2,371 237,901 2007 3,328 220,295 2006 2,592 200,166 Record Year 2009 (6,103) 2009 (533,773) Dissolved Companies by Year
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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) Reading UK 2010 1,525 164,601 2009 2,336 244,537 % change -34.7% -32.7% Record Year 2009 (2,336) 2009 (244,537) Dissolved Companies by Half Year
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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) Reading UK 2010 704 76,896 2009 841 85,136 % change -16.3% -9.7% Record Year 2007 (866) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Dissolved Companies by Month
October November December Closed companies in 2010 235 312 157 Closed companies in 2009 296 234 311 % change -20.6% 33.3% -50% Record Year 2006 (339) 2007 (375) 2008 (317)
Net Company Growth
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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.
Year Reading UK 2010 -257 58,126 2009 -3,165 -171,098 2008 885 111,302 2007 695 237,354 2006 2,303 205,274 Record Year 2005 (3,464) 2003 (242,543) Net Growth by Year
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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) Reading UK 2010 -158 32,008 2009 -871 -63,883 Record Year 2004 (1,822) 2003 (117,772) Net Growth by Half Year
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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) Reading UK 2010 -46 18,221 2009 -138 847 Record Year 2004 (934) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 22 -86 18 Net growth in 2009 -60 22 -100 Record Year 2004 (260) 2004 (382) 2003 (305)
UK Company Share
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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.
Year Reading 2010 0.7% 2009 0.8% 2008 0.9% 2007 0.9% 2006 1.2% Record Year (since 1960) 2005 (1.4%) Company Share by Year
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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 2010 0.7% 2009 0.8% 2008 0.9% 2007 1.0% 2006 1.2% Record Year (since 1960) 2004 (1.5%) Company Share by Half Year
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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 2010 0.7% 2009 0.8% 2008 0.8% 2007 1.0% 2006 1.1% Record Year (since 1960) 2004 (1.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.8% 0.7% 0.6% UK formation share in 2009 0.8% 0.8% 0.8% % change -4.6% -21.1% -21.1% Record Year 2005 (1.3%) 2004 (1.7%) 2004 (1.8%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.07% CONSULTING 5.06% MANAGEMENT 1.98% MANAGEMENT 5.01% CONSULTANCY 1.22% CONSULTANCY 3.14% BUSINESS 1.01% PROPERTY 2.36% IT 0.73% TRADING 2.11% TRADING 0.73% ASSOCIATES 1.95% READING 0.68% DESIGN 1.92% ASSOCIATES 0.62% BUSINESS 1.82% GLOBAL 0.55% CONSTRUCTION 1.82% PROPERTY 0.52% CONSULTANTS 1.76% TECHNOLOGIES 0.52% MEDIA 1.71% BERKSHIRE 0.49% ENGINEERING 1.62% DESIGN 0.47% LONDON 1.60% ENTERPRISES 0.47% CARE 1.45% ENERGY 0.47% INVESTMENTS 1.44% SERVICE 0.44% GLOBAL 1.43% SECURITY 0.44% J 1.42% CONSULTANTS 0.44% IT 1.41% MEDIA 0.42% PROPERTIES 1.34% MARKETING 0.39% INTERNATIONAL 1.34% ENGINEERING 0.39% BUILDING 1.34% DEVELOPMENT 0.39% M 1.30% PARTNERS 0.39% ELECTRICAL 1.25% M 0.36% SYSTEMS 1.24% CARE 0.36% 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 2,044 199,572 7487 - Other business activities 383 63,348 7499 - Non-trading company 343 12,000 62020 - Information technology consultancy activities 174 9,177 74990 - Non-trading company 170 8,243 82990 - Other business support service activities not elsewhere classified 170 27,550 7414 - Business & management consultancy 159 13,474 70229 - Management consultancy activities other than financial management 143 14,505 7222 - Other software consultancy and supply 134 7,298 9999 - Dormant Company 118 20,144 7260 - Other computer related activities 106 8,089 99999 - Dormant Company 93 16,285 62090 - Other information technology service activities 78 6,330 9305 - Other service activities 74 8,858 96090 - Other service activities not elsewhere classified 49 8,799 74909 - Other professional, scientific and technical activities not elsewhere classified 47 7,088 62012 - Business and domestic software development 43 2,858 98000 - Residents property management 38 3,235 4521 - General construction & civil engineering 33 6,598 68320 - Management of real estate on a fee or contract basis 32 3,097
Recent Companies
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Randomly selected companies from this quarter
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