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
New Company Registrations
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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) Reading UK 2011 793 114,512 2010 709 101,492 % change 11.8% 12.8% Record Year 2005 (1,256) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
New Companies by Month
July August September New companies in 2011 250 243 300 New companies in 2010 235 233 241 % change 6.4% 4.3% 24.5% Record Year 1999 (422) 2005 (444) 2005 (423)
Closed Companies (dissolved)
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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) Reading UK 2011 816 72,230 2010 821 87,705 % change -0.6% -17.6% Record Year 2009 (1,495) 2009 (159,401) Dissolved Companies by Quarter
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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
July August September Closed companies in 2011 397 218 201 Closed companies in 2010 281 316 224 % change 41.3% -31.0% -10% Record Year 2011 (397) 2008 (540) 2009 (798)
Net Company Growth
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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) Reading UK 2011 -23 42,282 2010 -112 13,787 Record Year 2004 (888) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Net Growth by Month
July August September Net growth in 2011 -147 25 99 Net growth in 2010 -46 -83 17 Record Year 1999 (369) 2004 (247) 2004 (291)
UK Company Share
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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 2011 0.7% 2010 0.7% 2009 0.8% 2008 0.9% 2007 1.0% Record Year (since 1960) 2004 (1.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.7% 0.6% 0.8% UK formation share in 2010 0.7% 0.7% 0.7% % change -2.6% -12.2% 12.4% Record Year 1999 (2.2%) 2004 (1.5%) 1964 (1.9%)
Director Age
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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
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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
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 3.13% CONSULTING 5.11% MANAGEMENT 2.35% MANAGEMENT 4.75% CONSULTANCY 1.20% CONSULTANCY 3.19% SOLAR 0.93% PROPERTY 2.41% PROPERTY 0.78% TRADING 2.06% BUSINESS 0.76% DESIGN 1.94% IT 0.76% ASSOCIATES 1.85% TECHNOLOGIES 0.71% BUSINESS 1.82% READING 0.68% CONSULTANTS 1.76% TRADING 0.64% ENGINEERING 1.74% MEDIA 0.59% MEDIA 1.72% BERKSHIRE 0.56% CONSTRUCTION 1.72% MARKETING 0.51% LONDON 1.63% ENTERPRISES 0.51% J 1.47% DESIGN 0.51% GLOBAL 1.46% CAPITAL 0.49% INVESTMENTS 1.43% PROJECT 0.46% CARE 1.42% CONSULTANTS 0.46% IT 1.38% INVESTMENTS 0.46% BUILDING 1.30% GLOBAL 0.44% PROPERTIES 1.28% SECURITY 0.44% ELECTRICAL 1.27% TECHNOLOGY 0.42% M 1.25% ASSOCIATES 0.42% ENERGY 1.22% CLEANING 0.42% TRAINING 1.21% INTERNATIONAL 0.39% S 1.21%
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 1,804 204,493 7487 - Other business activities 342 65,177 7499 - Non-trading company 262 11,543 62020 - Information technology consultancy activities 187 10,137 7414 - Business & management consultancy 171 14,755 70229 - Management consultancy activities other than financial management 169 15,760 74990 - Non-trading company 153 8,064 82990 - Other business support service activities not elsewhere classified 149 29,245 7222 - Other software consultancy and supply 145 8,345 9999 - Dormant Company 129 22,587 7260 - Other computer related activities 103 8,686 99999 - Dormant Company 93 18,281 9305 - Other service activities 77 10,525 62090 - Other information technology service activities 75 6,798 62012 - Business and domestic software development 55 3,137 96090 - Other service activities not elsewhere classified 51 10,018 74909 - Other professional, scientific and technical activities not elsewhere classified 45 7,551 4521 - General construction & civil engineering 40 6,321 98000 - Residents property management 39 2,664 41100 - Development of building projects 33 3,697
Recent Companies
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Randomly selected companies from this quarter
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