Reading, Berkshire
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 1,618 companies were formed in Reading. This figure is 7.2% higher than last year, which compares badly to the UK wide figure of 12.3%.
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 2011 1,618 228,735 2010 1,510 203,749 % change 7.2% 12.3% Record Year 2005 (2,874) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 779 companies were registered in Reading during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 4.1% versus the same period last year (Q2 2010). This figure compares badly to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Reading UK 2011 779 112,344 2010 748 98,612 % change 4.1% 13.9% Record Year 2005 (1,309) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 237 237 305 New companies in 2010 248 223 277 % change -4.4% 6.3% 10.1% Record Year 2005 (492) 2006 (413) 2005 (425)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 2,021 companies were dissolved in Reading. This figure is 25.6% higher than last year, which compares badly to the UK wide change of -8.6%.
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 2011 2,021 162,310 2010 1,609 177,631 % change 25.6% -8.6% Record Year 2009 (3,767) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 866 companies were dissolved in Reading during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 3.2% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Reading UK 2011 866 71,324 2010 895 94,954 % change -3.2% -24.9% Record Year 2009 (2,292) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 295 345 226 Closed companies in 2010 190 354 351 % change 55.3% -2.5% -36% Record Year 2009 (872) 2009 (876) 2009 (544)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Reading decreased by 403 companies.
Half Year (Jan-Jun) Reading UK 2011 -403 66,425 2010 -99 26,118 Record Year 2005 (2,142) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Reading during the second quarter of 2011 (Apr 2011 - Jun 2011) was -87 companies.
second quarter (Apr 2011 - Jun 2011) Reading UK 2011 -87 41,020 2010 -147 3,658 Record Year 2005 (905) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 -58 -108 79 Net growth in 2010 58 -131 -74 Record Year 2005 (371) 2005 (274) 2005 (260)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Reading formed 0.7% of all UK companies. This is the same as the 2010 figure of 0.7%.
Half Year (Jan-Jun) Reading 2011 0.7% 2010 0.7% 2009 0.8% 2008 1.0% 2007 0.8% Record Year (since 1960) 2005 (1.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Reading formed 0.7% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Reading 2011 0.7% 2010 0.8% 2009 0.8% 2008 1.0% 2007 0.9% Record Year (since 1960) 2005 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.7% 0.6% 0.8% UK formation share in 2010 0.7% 0.7% 0.8% % change -7.5% -16.3% -2.4% Record Year 2005 (1.5%) 1963 (1.7%) 1968 (1.4%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 44.0.
The percentage of directors under the age of 25 was 1.7% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 43.8.
The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Reading was 1861 when 40.0% of all directors were female.
27.6% of all director appointments in Reading in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Reading was in 1866 when 66.7% of all directors were female.
27.9% of all director appointments in Reading in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.26% CONSULTING 5.09% MANAGEMENT 2.26% MANAGEMENT 4.86% CONSULTANCY 0.99% CONSULTANCY 3.17% SOLAR 0.97% PROPERTY 2.43% IT 0.80% TRADING 2.05% BUSINESS 0.80% DESIGN 1.94% PROPERTY 0.77% ASSOCIATES 1.92% TRADING 0.72% BUSINESS 1.87% READING 0.62% CONSTRUCTION 1.77% BERKSHIRE 0.55% CONSULTANTS 1.76% MEDIA 0.55% MEDIA 1.73% ENTERPRISES 0.52% ENGINEERING 1.67% MARKETING 0.52% LONDON 1.60% TECHNOLOGIES 0.50% GLOBAL 1.46% DESIGN 0.47% J 1.44% TECHNOLOGY 0.45% CARE 1.44% CAPITAL 0.45% INVESTMENTS 1.42% SERVICE 0.42% IT 1.39% ASSOCIATES 0.42% BUILDING 1.32% GLOBAL 0.42% PROPERTIES 1.31% ENGINEERING 0.42% ELECTRICAL 1.30% INVESTMENTS 0.40% M 1.27% SECURITY 0.40% S 1.23% VENTURES 0.40% ENTERPRISES 1.20% INTERNATIONAL 0.40% SYSTEMS 1.20%
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 1,869 202,072 7487 - Other business activities 336 60,758 7499 - Non-trading company 261 10,955 62020 - Information technology consultancy activities 193 10,545 70229 - Management consultancy activities other than financial management 171 16,419 82990 - Other business support service activities not elsewhere classified 160 30,647 74990 - Non-trading company 160 8,481 7414 - Business & management consultancy 155 13,053 7222 - Other software consultancy and supply 126 7,143 9999 - Dormant Company 117 20,111 7260 - Other computer related activities 102 7,849 99999 - Dormant Company 98 18,918 62090 - Other information technology service activities 80 7,095 9305 - Other service activities 73 9,063 62012 - Business and domestic software development 57 3,262 96090 - Other service activities not elsewhere classified 54 10,322 74909 - Other professional, scientific and technical activities not elsewhere classified 47 7,835 4521 - General construction & civil engineering 39 5,928 98000 - Residents property management 39 2,888 41100 - Development of building projects 32 3,852
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07659428 WEB CITY CREATIONS LIMITED 06 Jun 2011 07661855 PROPROFESSIONALS LIMITED 08 Jun 2011 07665704 S.A INFOTECH LIMITED 10 Jun 2011 07672833 LINGUP LIMITED 16 Jun 2011 07679876 APPOINTED SOLUTIONS LIMITED 23 Jun 2011 07680261 HCBT LTD 23 Jun 2011 07683614 SOCIAL AVENUE LIMITED 27 Jun 2011 07688093 ABOUT COLLECTION SYSTEMS LIMITED 30 Jun 2011 07688500 CHILDLINK ADOPTION SOCIETY 30 Jun 2011 07655067 FILEVISION UK LIMITED 02 Jun 2011 07660026 CHARTER GLOBAL LIMITED 07 Jun 2011 07664046 WORLD TALENTS ASSOCIATION 09 Jun 2011 07666563 VAMIN LTD 13 Jun 2011 07687361 DONOVALA LTD 29 Jun 2011 07687785 JODAKI CONSULTING LIMITED 29 Jun 2011 07656452 ROSETTA COMMUNICATIONS LIMITED 02 Jun 2011 07655062 REDSHOTS MARKETING LIMITED 02 Jun 2011 07659088 MCY CONSULTING LTD 06 Jun 2011 07660137 NESTED PROPERTY LIMITED 07 Jun 2011 07676631 CCTV & SECURITY LTD 21 Jun 2011 07680185 LABORATE LTD 23 Jun 2011 07685821 CROCUS BRANDING LIMITED 28 Jun 2011 07687182 NOVUS FOSSA LTD 29 Jun 2011 07687848 WACKYWHEELERS LIMITED 29 Jun 2011 OC365438 WHITE NICHOLSON LLP 10 Jun 2011
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