Reading, Berkshire
Q1 2011 Business Confidence Report
Headlines
- February 2011 saw a new record in company closures in Reading when compared to any previous February.
- January 2011 saw a new record in company closures in Reading when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 839 companies were registered in Reading during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 10.1% versus the same period last year (Q1 2010). This figure compares equally to the UK as a whole, which saw an increase of 10.7% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Reading UK 2011 839 116,391 2010 762 105,137 % change 10.1% 10.7% Record Year 2005 (1,565) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
New Companies by Month
January February March New companies in 2011 219 297 323 New companies in 2010 231 240 291 % change -5.2% 23.8% 11.0% Record Year 2006 (459) 2005 (549) 2006 (595)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2011)
A total of 1,155 companies were dissolved in Reading during the first quarter of 2011 (Jan 2011 - Mar 2011).
This figure is an increase of 61.8% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.
first quarter (Jan 2011 - Mar 2011) Reading UK 2011 1,155 90,986 2010 714 82,677 % change 61.8% 10.0% Record Year 2009 (1,475) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
February 2011 saw a new record in company closures in Reading when compared to any previous February.
January 2011 saw a new record in company closures in Reading when compared to any previous January.
Dissolved Companies by Month
January February March Closed companies in 2011 327 418 410 Closed companies in 2010 189 219 306 % change 73.0% 90.9% 34% Record Year 2011 (327) 2011 (418) 2009 (1,041)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2011)
Net company growth for Reading during the first quarter of 2011 (Jan 2011 - Mar 2011) was -316 companies.
first quarter (Jan 2011 - Mar 2011) Reading UK 2011 -316 25,405 2010 48 22,460 Record Year 2005 (1,237) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Net Growth by Month
January February March Net growth in 2011 -108 -121 -87 Net growth in 2010 42 21 -15 Record Year 2005 (346) 2005 (441) 2006 (463)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2011)
In the first quarter of 2011, Reading formed 0.7% of all UK companies.
first quarter (Jan 2011 - Mar 2011) Reading 2011 0.7% 2010 0.7% 2009 0.8% 2008 1.0% 2007 0.7% Record Year (since 1960) 2005 (1.7%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2011)
Company Share by Month
January February March UK formation share in 2011 0.6% 0.8% 0.7% UK formation share in 2010 0.8% 0.7% 0.7% % change -18.2% 8.8% 5.9% Record Year 2005 (1.6%) 2005 (1.7%) 2005 (1.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2011)
The average age of a director in the first quarter of 2011 was 44.2.
The percentage of directors under the age of 25 was 1.3% compared to the UK figure of 3.0%.
The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2011)
The record first quarter for female directors in Reading was in 1861 when 40.0% of all directors were female.
27.4% of all director appointments in Reading in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2010-Mar 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.99% CONSULTING 5.04% MANAGEMENT 1.94% MANAGEMENT 4.97% CONSULTANCY 1.13% CONSULTANCY 3.16% BUSINESS 0.96% PROPERTY 2.38% READING 0.75% TRADING 2.10% SOLAR 0.75% DESIGN 1.93% IT 0.73% ASSOCIATES 1.92% TRADING 0.68% BUSINESS 1.87% PROPERTY 0.58% CONSTRUCTION 1.80% ASSOCIATES 0.55% CONSULTANTS 1.76% SERVICE 0.50% MEDIA 1.69% BERKSHIRE 0.48% ENGINEERING 1.61% GLOBAL 0.48% LONDON 1.60% MEDIA 0.48% CARE 1.45% TECHNOLOGIES 0.48% J 1.45% MARKETING 0.48% GLOBAL 1.44% ENTERPRISES 0.45% INVESTMENTS 1.43% ENGINEERING 0.45% IT 1.41% ENERGY 0.45% PROPERTIES 1.36% CAPITAL 0.40% BUILDING 1.34% ROAD 0.38% M 1.30% SYSTEMS 0.38% ELECTRICAL 1.28% DESIGN 0.38% S 1.24% CLEANING 0.38% INTERNATIONAL 1.23% CONSULTANTS 0.38% SYSTEMS 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 1,987 202,798 7487 - Other business activities 350 60,968 7499 - Non-trading company 299 11,316 62020 - Information technology consultancy activities 186 10,246 70229 - Management consultancy activities other than financial management 172 16,150 82990 - Other business support service activities not elsewhere classified 170 30,253 74990 - Non-trading company 168 8,695 7414 - Business & management consultancy 150 12,916 7222 - Other software consultancy and supply 125 7,000 9999 - Dormant Company 115 19,765 99999 - Dormant Company 100 18,336 7260 - Other computer related activities 98 7,789 62090 - Other information technology service activities 78 6,996 9305 - Other service activities 70 8,740 96090 - Other service activities not elsewhere classified 53 10,085 62012 - Business and domestic software development 52 3,168 74909 - Other professional, scientific and technical activities not elsewhere classified 49 7,788 98000 - Residents property management 38 3,154 4521 - General construction & civil engineering 35 6,183 70100 - Activities of head offices 32 2,849
Recent Companies
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Randomly selected companies from this quarter
reports
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