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Reading, Berkshire

Q3 2011 Business Confidence Report

Headlines

  • July 2011 saw a new record in company closures in Reading when compared to any previous July.

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 (Q3 Jul-Sep 2011)

    A total of 793 companies were registered in Reading during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 11.8% versus the same period last year (Q3 2010). This figure compares equally to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)ReadingUK
    2011793114,512
    2010709101,492
    % change11.8%12.8%
    Record Year 2005 (1,256) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2011250243300
    New companies in 2010235233241
    % change6.4%4.3%24.5%
    Record Year1999 (422)2005 (444)2005 (423)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 816 companies were dissolved in Reading during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 0.6% versus the same period last year (Q3 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)ReadingUK
    201181672,230
    201082187,705
    % change-0.6%-17.6%
    Record Year 2009 (1,495) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    July 2011 saw a new record in company closures in Reading when compared to any previous July.

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011397218201
    Closed companies in 2010281316224
    % change41.3%-31.0%-10%
    Record Year2011 (397)2008 (540)2009 (798)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Net company growth for Reading during the third quarter of 2011 (Jul 2011 - Sep 2011) was -23 companies.

    third quarter (Jul 2011 - Sep 2011)ReadingUK
    2011-2342,282
    2010-11213,787
    Record Year 2004 (888) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2011-1472599
    Net growth in 2010-46-8317
    Record Year1999 (369)2004 (247)2004 (291)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

    In the third quarter of 2011, Reading formed 0.7% of all UK companies.

    third quarter (Jul 2011 - Sep 2011)Reading
    20110.7%
    20100.7%
    20090.8%
    20080.9%
    20071.0%
    Record Year (since 1960) 2004 (1.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.7%0.6%0.8%
    UK formation share in 20100.7%0.7%0.7%
    % change-2.6%-12.2%12.4%
    Record Year1999 (2.2%)2004 (1.5%)1964 (1.9%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 43.1.

    The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The record third quarter for female directors in Reading was in 1862 when 50.0% of all directors were female.

    26.1% of all director appointments in Reading in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING3.13%CONSULTING5.11%
    MANAGEMENT2.35%MANAGEMENT4.75%
    CONSULTANCY1.20%CONSULTANCY3.19%
    SOLAR0.93%PROPERTY2.41%
    PROPERTY0.78%TRADING2.06%
    BUSINESS0.76%DESIGN1.94%
    IT0.76%ASSOCIATES1.85%
    TECHNOLOGIES0.71%BUSINESS1.82%
    READING0.68%CONSULTANTS1.76%
    TRADING0.64%ENGINEERING1.74%
    MEDIA0.59%MEDIA1.72%
    BERKSHIRE0.56%CONSTRUCTION1.72%
    MARKETING0.51%LONDON1.63%
    ENTERPRISES0.51%J1.47%
    DESIGN0.51%GLOBAL1.46%
    CAPITAL0.49%INVESTMENTS1.43%
    PROJECT0.46%CARE1.42%
    CONSULTANTS0.46%IT1.38%
    INVESTMENTS0.46%BUILDING1.30%
    GLOBAL0.44%PROPERTIES1.28%
    SECURITY0.44%ELECTRICAL1.27%
    TECHNOLOGY0.42%M1.25%
    ASSOCIATES0.42%ENERGY1.22%
    CLEANING0.42%TRAINING1.21%
    INTERNATIONAL0.39%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,804204,493
    7487 - Other business activities34265,177
    7499 - Non-trading company26211,543
    62020 - Information technology consultancy activities18710,137
    7414 - Business & management consultancy17114,755
    70229 - Management consultancy activities other than financial management16915,760
    74990 - Non-trading company1538,064
    82990 - Other business support service activities not elsewhere classified14929,245
    7222 - Other software consultancy and supply1458,345
    9999 - Dormant Company12922,587
    7260 - Other computer related activities1038,686
    99999 - Dormant Company9318,281
    9305 - Other service activities7710,525
    62090 - Other information technology service activities756,798
    62012 - Business and domestic software development553,137
    96090 - Other service activities not elsewhere classified5110,018
    74909 - Other professional, scientific and technical activities not elsewhere classified457,551
    4521 - General construction & civil engineering406,321
    98000 - Residents property management392,664
    41100 - Development of building projects333,697

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07723983 M & E PRODUCT SOLUTIONS LTD 01 Aug 2011
    07726111 HANNAH SHEAHAN SOLUTIONS LIMITED 02 Aug 2011
    07741210 CIRRUS COMMERCIAL SOFTWARE LIMITED 16 Aug 2011
    07741553 CPTEL LIMITED 16 Aug 2011
    07742318 EXPERTPCX LTD 16 Aug 2011
    07742787 STUDIOFLIP LTD 17 Aug 2011
    07748123 QUEST PHARMA LIMITED 22 Aug 2011
    07748186 G20I LIMITED 22 Aug 2011
    07751162 GKG LIMITED 24 Aug 2011
    07751658 CAREERSENSE LTD 24 Aug 2011
    07752475 ELECTRONIXSTORE LTD 25 Aug 2011
    07756048 DE NAPIER LTD 30 Aug 2011
    07730534 ROCKINGHAM DRIVE CONSTRUCTION LIMITED 05 Aug 2011
    OC367068 FIR TREE PARTNERS MANAGEMENT UK LLP 05 Aug 2011
    OC367288 AURA PROPERTY SERVICES LLP 15 Aug 2011
    07727384 BRINGING HOME BABY LIMITED 03 Aug 2011
    07734421 V-SPEED LIMITED 09 Aug 2011
    07741512 APHELION MANAGEMENT LIMITED 16 Aug 2011
    07745090 RADIANT CARS LIMITED 18 Aug 2011
    07754655 SW75 LTD 26 Aug 2011
    07754812 BEADS 2 BLING LTD. 26 Aug 2011
    07738369 APPLESTAR EARLY YEARS CIC 12 Aug 2011
    07724826 MAMONI LTD 01 Aug 2011
    07727103 MCC MEDIATORS LIMITED 03 Aug 2011
    07747721 STARCROSS LONDON LTD 22 Aug 2011