Reading, Berkshire
2014 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,739 companies were formed in Reading. This figure is 6.5% higher than last year, which compares badly to the UK wide figure of 11.6%.
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 2014 1,739 300,731 2013 1,633 269,432 % change 6.5% 11.6% Record Year 2005 (2,874) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 901 companies were registered in Reading during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 9.9% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Reading UK 2014 901 150,009 2013 820 134,630 % change 9.9% 11.4% Record Year 2005 (1,309) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
New Companies by Month
April May June New companies in 2014 293 313 295 New companies in 2013 304 269 247 % change -3.6% 16.4% 19.4% Record Year 2005 (492) 2006 (413) 2005 (425)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,267 companies were dissolved in Reading. This figure is 0.0% higher than last year, which compares well to the UK wide change of 14.2%.
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 2014 1,267 177,207 2013 1,267 155,192 % change 0.0% 14.2% Record Year 2009 (3,767) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 662 companies were dissolved in Reading during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 3.4% versus the same period last year (Q2 2013). This figure compares well to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Reading UK 2014 662 94,837 2013 640 77,278 % change 3.4% 22.7% Record Year 2009 (2,292) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 164 292 206 Closed companies in 2013 240 187 213 % change -31.7% 56.1% -3% Record Year 2009 (872) 2009 (876) 2009 (544)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Reading increased by 472 companies.
Half Year (Jan-Jun) Reading UK 2014 472 123,524 2013 366 114,240 Record Year 2005 (2,143) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Reading during the second quarter of 2014 (Apr 2014 - Jun 2014) was 239 companies.
second quarter (Apr 2014 - Jun 2014) Reading UK 2014 239 55,172 2013 180 57,352 Record Year 2005 (906) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
Net Growth by Month
April May June Net growth in 2014 129 21 89 Net growth in 2013 64 82 34 Record Year 2005 (371) 2005 (275) 2005 (260)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Reading formed 0.6% of all UK companies. This is the same as the 2013 figure of 0.6%.
Half Year (Jan-Jun) Reading 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 2005 (1.5%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Reading formed 0.6% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Reading 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.8% Record Year (since 1960) 2005 (1.4%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.5% 0.6% 0.6% UK formation share in 2013 0.6% 0.6% 0.6% % change -13.1% 7.4% 3.5% Record Year 2005 (1.5%) 2005 (1.3%) 1944 (3.6%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 44.1.
The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 44.5.
The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Reading was 2011 when 26.4% of all directors were female.
25.6% of all director appointments in Reading in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Reading was in 2011 when 26.8% of all directors were female.
25.1% of all director appointments in Reading in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.43% CONSULTING 5.16% MANAGEMENT 2.16% MANAGEMENT 4.64% CONSULTANCY 1.52% CONSULTANCY 3.50% READING 1.03% PROPERTY 2.66% DESIGN 0.87% TRADING 2.03% IT 0.87% ENGINEERING 1.99% ASSOCIATES 0.80% CONSTRUCTION 1.93% BUSINESS 0.78% LONDON 1.93% CONSULTANTS 0.71% CARE 1.85% CARE 0.67% DESIGN 1.75% BERKSHIRE 0.64% CONSULTANTS 1.73% PROPERTY 0.57% BUSINESS 1.69% ENGINEERING 0.53% PROPERTIES 1.63% GLOBAL 0.51% TRANSPORT 1.58% PROPERTIES 0.48% GLOBAL 1.55% CONSTRUCTION 0.48% INVESTMENTS 1.55% TECHNOLOGIES 0.46% J 1.51% INVESTMENTS 0.46% ASSOCIATES 1.48% SYSTEMS 0.46% MEDIA 1.44% TRADING 0.44% ELECTRICAL 1.40% MARKETING 0.41% IT 1.33% HOLDINGS 0.41% DEVELOPMENTS 1.33% J 0.39% BUILDING 1.26% HOUSE 0.39% M 1.24% ENERGY 0.39% CO., 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 1,551 261,557 62020 - Information technology consultancy activities 434 29,029 70229 - Management consultancy activities other than financial management 359 40,250 82990 - Other business support service activities not elsewhere classified 245 57,421 99999 - Dormant Company 233 48,436 74990 - Non-trading company 183 14,351 62090 - Other information technology service activities 166 13,024 96090 - Other service activities not elsewhere classified 149 28,352 74909 - Other professional, scientific and technical activities not elsewhere classified 118 19,058 62012 - Business and domestic software development 113 9,834 98000 - Residents property management 84 5,046 47910 - Retail sale via mail order houses or via Internet 74 9,900 86900 - Other human health activities 60 11,292 69201 - Accounting and auditing activities 55 7,415 41100 - Development of building projects 49 10,527 41202 - Construction of domestic buildings 44 7,053 78109 - Other activities of employment placement agencies 44 4,076 47990 - Other retail sale not in stores, stalls or markets 40 6,286 64999 - Financial intermediation not elsewhere classified 39 5,836 43999 - Other specialised construction activities not elsewhere classified 38 8,533
Recent Companies
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Randomly selected companies from this quarter
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