Reading, Berkshire
2011 Annual Business Confidence Report
Contents
New Company Registrations
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Annual Data (2011)
A total of 3,116 companies were formed in Reading in 2011. This total is 8.3% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.
Year Reading UK 2011 3,116 452,870 2010 2,877 400,358 2009 2,938 362,675 2008 3,256 349,203 2007 4,023 457,649 Record Year 2005 (5,324) 2007 (457,649) New Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 1,498 companies were formed in Reading. This figure is 9.6% higher than last year, which compares badly to the UK wide figure of 14.0%.
The highest total for a second half year in Reading occurred in 2004 when a total of 2,451 were formed.
Half Year (Jul-Dec) Reading UK 2011 1,498 224,135 2010 1,367 196,609 % change 9.6% 14.0% Record Year 2004 (2,451) 2011 (224,135) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 705 companies were registered in Reading during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is an increase of 7.1% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Reading UK 2011 705 109,623 2010 658 95,117 % change 7.1% 15.3% Record Year 2004 (1,263) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 237 266 202 New companies in 2010 257 226 175 % change -7.8% 17.7% 15.4% Record Year 2005 (398) 2004 (487) 2004 (409)
Closed Companies (dissolved)
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Annual Data (2011)
A total of 3,504 companies were dissolved in Reading in 2011. This total is 11.8% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.
Year Reading UK 2011 3,504 314,523 2010 3,134 342,232 2009 6,103 533,773 2008 2,371 237,901 2007 3,328 220,295 Record Year 2009 (6,103) 2009 (533,773) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 a total of 1,483 companies were dissolved in Reading. This figure is 2.8% lower than last year, which compares badly to the UK wide change of -7.5%.
The highest total for a second half year in Reading occurred in 2009 when a total of 2,336 were closed.
Half Year (Jul-Dec) Reading UK 2011 1,483 152,213 2010 1,525 164,601 % change -2.8% -7.5% Record Year 2009 (2,336) 2009 (244,537) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
A total of 667 companies were dissolved in Reading during the fourth quarter of 2011 (Oct 2011 - Dec 2011).
This figure is a decrease of 5.3% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.
fourth quarter (Oct 2011 - Dec 2011) Reading UK 2011 667 79,983 2010 704 76,896 % change -5.3% 4.0% Record Year 2007 (866) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 129 277 261 Closed companies in 2010 235 312 157 % change -45.1% -11.2% 66% Record Year 2006 (339) 2007 (375) 2008 (317)
Net Company Growth
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Annual Data (2011)
A total of -388 companies were removed to the company register for Reading in 2011. This number represents decline of 13.5% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.
This number is 131 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2005 when the Reading company register grew by 3,464 companies.
Year Reading UK 2011 -388 138,347 2010 -257 58,126 2009 -3,165 -171,098 2008 885 111,302 2007 695 237,354 Record Year 2005 (3,464) 2003 (242,543) Net Growth by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 the company register for Reading increased by 15 companies.
Half Year (Jul-Dec) Reading UK 2011 15 71,922 2010 -158 32,008 Record Year 2004 (1,822) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
Net company growth for Reading during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 38 companies.
fourth quarter (Oct 2011 - Dec 2011) Reading UK 2011 38 29,640 2010 -46 18,221 Record Year 2004 (934) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 108 -11 -59 Net growth in 2010 22 -86 18 Record Year 2004 (260) 2004 (382) 2003 (305)
UK Company Share
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Annual Data (2011)
In 2011 Reading formed 0.7% of all UK companies. This is no change on 2010 when Reading was responsible for 0.7% of all UK companies.
Year Reading 2011 0.7% 2010 0.7% 2009 0.8% 2008 0.9% 2007 0.9% Record Year (since 1960) 2005 (1.4%) Company Share by Year
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Half Year Data (Jul-Dec 2011)
In the second half of 2011 Reading formed 0.7% of all UK companies. This is the same as the 2010 figure of 0.7%.
Half Year (Jul-Dec) Reading 2011 0.7% 2010 0.7% 2009 0.8% 2008 0.9% 2007 1.0% Record Year (since 1960) 2004 (1.5%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
In the fourth quarter of 2011, Reading formed 0.6% of all UK companies.
fourth quarter (Oct 2011 - Dec 2011) Reading 2011 0.6% 2010 0.7% 2009 0.8% 2008 0.8% 2007 1.0% Record Year (since 1960) 2004 (1.6%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.6% 0.7% 0.7% UK formation share in 2010 0.8% 0.7% 0.6% % change -19.9% 0.3% 2.4% Record Year 2005 (1.3%) 2004 (1.7%) 2004 (1.8%)
Director Age
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Annual Data (2011)
The average age of a director in 2011 was 43.5.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2011)
The average age of a director in the second half of 2011 was 43.0.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 4.1%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2011)
The average age of a director in the fourth quarter of 2011 was 42.8.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 4.2%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Annual Data (2011)
The record year for female directors in Reading was 1857 when 36.4% of all directors were female.
The percentage of female directors in Reading in 2011 was 28.7%. The average for the UK during this time was 28.6%
Director Gender by Year
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Half Year Data (Jul-Dec 2011)
The record second half year for female directors in Reading was 1860 when 42.9% of all directors were female.
27.5% of all director appointments in Reading in the second 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 (Q4 Oct-Dec 2011)
The record fourth quarter for female directors in Reading was in 1977 when 31.1% of all directors were female.
29.0% of all director appointments in Reading in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.88% CONSULTING 5.07% MANAGEMENT 2.40% MANAGEMENT 4.74% CONSULTANCY 1.28% CONSULTANCY 3.26% SOLAR 0.87% PROPERTY 2.37% IT 0.77% TRADING 2.07% PROPERTY 0.77% DESIGN 1.92% BUSINESS 0.75% ASSOCIATES 1.86% READING 0.75% ENGINEERING 1.78% TECHNOLOGIES 0.68% BUSINESS 1.78% CONSULTANTS 0.65% CONSULTANTS 1.76% MEDIA 0.58% CONSTRUCTION 1.73% MARKETING 0.56% MEDIA 1.71% ASSOCIATES 0.56% LONDON 1.63% PARTNERS 0.53% J 1.51% BERKSHIRE 0.53% INVESTMENTS 1.48% SECURITY 0.48% GLOBAL 1.46% TRADING 0.48% IT 1.41% CAPITAL 0.48% CARE 1.39% CLEANING 0.46% PROPERTIES 1.29% INTERNATIONAL 0.46% ELECTRICAL 1.29% INVESTMENTS 0.46% M 1.27% CONSTRUCTION 0.44% BUILDING 1.26% DESIGN 0.44% ENERGY 1.25% PROJECT 0.44% S 1.20% SYSTEMS 0.44% ENTERPRISES 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 1,768 205,525 7487 - Other business activities 292 57,052 7499 - Non-trading company 214 9,957 62020 - Information technology consultancy activities 199 12,072 70229 - Management consultancy activities other than financial management 192 17,765 74990 - Non-trading company 173 8,929 82990 - Other business support service activities not elsewhere classified 155 32,483 7414 - Business & management consultancy 152 13,034 7222 - Other software consultancy and supply 129 7,398 9999 - Dormant Company 110 20,199 7260 - Other computer related activities 93 7,667 99999 - Dormant Company 92 21,846 62090 - Other information technology service activities 84 7,493 9305 - Other service activities 71 9,492 62012 - Business and domestic software development 64 3,714 96090 - Other service activities not elsewhere classified 61 11,768 74909 - Other professional, scientific and technical activities not elsewhere classified 50 8,671 98000 - Residents property management 42 2,874 41100 - Development of building projects 36 4,331 4521 - General construction & civil engineering 35 5,558
Recent Companies
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Randomly selected companies from this quarter
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