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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

  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. 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)ReadingUK
    2011839116,391
    2010762105,137
    % change10.1%10.7%
    Record Year 2005 (1,565) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011219297323
    New companies in 2010231240291
    % change-5.2%23.8%11.0%
    Record Year2006 (459)2005 (549)2006 (595)

Closed Companies (dissolved)

  1. 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)ReadingUK
    20111,15590,986
    201071482,677
    % change61.8%10.0%
    Record Year 2009 (1,475) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2011327418410
    Closed companies in 2010189219306
    % change73.0%90.9%34%
    Record Year2011 (327)2011 (418)2009 (1,041)

Net Company Growth

  1. 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)ReadingUK
    2011-31625,405
    20104822,460
    Record Year 2005 (1,237) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-108-121-87
    Net growth in 20104221-15
    Record Year2005 (346)2005 (441)2006 (463)

UK Company Share

  1. 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
    20110.7%
    20100.7%
    20090.8%
    20081.0%
    20070.7%
    Record Year (since 1960) 2005 (1.7%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.6%0.8%0.7%
    UK formation share in 20100.8%0.7%0.7%
    % change-18.2%8.8%5.9%
    Record Year2005 (1.6%)2005 (1.7%)2005 (1.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING2.99%CONSULTING5.04%
    MANAGEMENT1.94%MANAGEMENT4.97%
    CONSULTANCY1.13%CONSULTANCY3.16%
    BUSINESS0.96%PROPERTY2.38%
    READING0.75%TRADING2.10%
    SOLAR0.75%DESIGN1.93%
    IT0.73%ASSOCIATES1.92%
    TRADING0.68%BUSINESS1.87%
    PROPERTY0.58%CONSTRUCTION1.80%
    ASSOCIATES0.55%CONSULTANTS1.76%
    SERVICE0.50%MEDIA1.69%
    BERKSHIRE0.48%ENGINEERING1.61%
    GLOBAL0.48%LONDON1.60%
    MEDIA0.48%CARE1.45%
    TECHNOLOGIES0.48%J1.45%
    MARKETING0.48%GLOBAL1.44%
    ENTERPRISES0.45%INVESTMENTS1.43%
    ENGINEERING0.45%IT1.41%
    ENERGY0.45%PROPERTIES1.36%
    CAPITAL0.40%BUILDING1.34%
    ROAD0.38%M1.30%
    SYSTEMS0.38%ELECTRICAL1.28%
    DESIGN0.38%S1.24%
    CLEANING0.38%INTERNATIONAL1.23%
    CONSULTANTS0.38%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,987202,798
    7487 - Other business activities35060,968
    7499 - Non-trading company29911,316
    62020 - Information technology consultancy activities18610,246
    70229 - Management consultancy activities other than financial management17216,150
    82990 - Other business support service activities not elsewhere classified17030,253
    74990 - Non-trading company1688,695
    7414 - Business & management consultancy15012,916
    7222 - Other software consultancy and supply1257,000
    9999 - Dormant Company11519,765
    99999 - Dormant Company10018,336
    7260 - Other computer related activities987,789
    62090 - Other information technology service activities786,996
    9305 - Other service activities708,740
    96090 - Other service activities not elsewhere classified5310,085
    62012 - Business and domestic software development523,168
    74909 - Other professional, scientific and technical activities not elsewhere classified497,788
    98000 - Residents property management383,154
    4521 - General construction & civil engineering356,183
    70100 - Activities of head offices322,849

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07510597 VALUED IT SERVICES LIMITED 31 Jan 2011
    07504428 GOLD DESERT LTD 25 Jan 2011
    07502622 TRANSITIONSPLUS UK LIMITED 24 Jan 2011
    07497460 SLOUGH HOTELS AND BANQUETING LIMITED 19 Jan 2011
    07496208 GC CLEANING LTD 18 Jan 2011
    07495831 ECOCLEEN (THAMES VALLEY) LIMITED 17 Jan 2011
    07493753 FAIR ADVICE & SALES LIMITED 14 Jan 2011
    07489137 MALE SURVIVORS BERKSHIRE CIC 11 Jan 2011
    07483419 FUNCTIONAL FRAGRANCES LTD 05 Jan 2011
    07481479 SOARSMART LTD 04 Jan 2011
    07503078 ANDIK LTD 24 Jan 2011
    07494464 EVERYOUTH LIMITED 17 Jan 2011
    07491898 CERASUS CONSULTING LTD 13 Jan 2011
    07482988 EVERYDAY IN UK LIMITED 05 Jan 2011
    07511280 SMITH NEWS & OFF LICENCE LIMITED 31 Jan 2011
    07506516 FINEST VILLAS LIMITED 26 Jan 2011
    07491533 FUGALYTICS LIMITED 13 Jan 2011
    07483306 BROLLIAL LIMITED 05 Jan 2011
    07508649 30/32 DUNBAR DRIVE FREEHOLD LIMITED 27 Jan 2011
    07486575 FLAT 1 SAND BAY LIMITED 10 Jan 2011
    07482712 BASHIER LTD 05 Jan 2011
    07508287 NBL PRESERVATION GROUP LTD. 27 Jan 2011
    07493762 INNOVO CENTRAL DIVISIONS LIMITED 14 Jan 2011
    07492779 IVYL CARE SLS LIMITED 14 Jan 2011
    07490008 JHA & KASHYAB LIMITED 12 Jan 2011