Southampton, Hampshire

2010 Annual Business Confidence Report

Headlines

  • November 2010 saw a new record in company closures in Southampton when compared to any previous November.

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. Annual Data (2010)

    A total of 1,845 companies were formed in Southampton in 2010. This total is 9.3% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearSouthamptonUK
    20101,845400,358
    20091,688362,675
    20081,635349,203
    20072,290457,649
    20061,944405,440
    Record Year2007 (2,290)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 898 companies were formed in Southampton. This figure is 4.4% higher than last year, which compares badly to the UK wide figure of 8.8%.

    The highest total for a second half year in Southampton occurred in 2006 when a total of 956 were formed.

    Half Year (Jul-Dec)SouthamptonUK
    2010898196,609
    2009860180,654
    % change4.4%8.8%
    Record Year2006 (956)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 447 companies were registered in Southampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 12.3% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SouthamptonUK
    201044795,117
    200939885,983
    % change12.3%10.6%
    Record Year 2003 (523) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010162162123
    New companies in 2009140148110
    % change15.7%9.5%11.8%
    Record Year2003 (198)2003 (184)2003 (141)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 1,754 companies were dissolved in Southampton in 2010. This total is 18.6% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearSouthamptonUK
    20101,754342,232
    20092,154533,773
    20081,695237,901
    20071,262220,295
    20061,110200,166
    Record Year2009 (2,154)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 835 companies were dissolved in Southampton. This figure is 17.5% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Southampton occurred in 2009 when a total of 1,012 were closed.

    Half Year (Jul-Dec)SouthamptonUK
    2010835164,601
    20091,012244,537
    % change-17.5%-32.7%
    Record Year2009 (1,012)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 392 companies were dissolved in Southampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 11.5% versus the same period last year (Q4 2009). This figure compares well to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)SouthamptonUK
    201039276,896
    200944385,136
    % change-11.5%-9.7%
    Record Year 2009 (443) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Southampton when compared to any previous November.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201013117289
    Closed companies in 2009162128153
    % change-19.1%34.4%-42%
    Record Year2009 (162)2010 (172)2009 (153)

Net Company Growth

  1. Annual Data (2010)

    A total of 91 companies were added to the company register for Southampton in 2010. This number represents growth of 5.4% in the total number of active companies, which compares unfavourably to the UK figure of 16.0%.

    This number is 557 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Southampton company register grew by 1,178 companies.

    YearSouthamptonUK
    20109158,126
    2009-466-171,098
    2008-60111,302
    20071,028237,354
    2006834205,274
    Record Year2003 (1,178)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Southampton increased by 63 companies.

    Half Year (Jul-Dec)SouthamptonUK
    20106332,008
    2009-152-63,883
    Record Year2003 (540)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Southampton during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 55 companies.

    fourth quarter (Oct 2010 - Dec 2010)SouthamptonUK
    20105518,221
    2009-45847
    Record Year 2003 (340) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201031-1034
    Net growth in 2009-2220-43
    Record Year2003 (150)2003 (115)2003 (75)

UK Company Share

  1. Annual Data (2010)

    In 2010 Southampton formed 0.5% of all UK companies. This is no change on 2009 when Southampton was responsible for 0.5% of all UK companies.

    YearSouthampton
    20100.5%
    20090.5%
    20080.5%
    20070.5%
    20060.5%
    Record Year (since 1960)1982 (0.9%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Southampton formed 0.5% of all UK companies. This is the same as the 2009 figure of 0.5%.

    Half Year (Jul-Dec)Southampton
    20100.5%
    20090.5%
    20080.5%
    20070.5%
    20060.5%
    Record Year (since 1960) 1982 (0.9%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Southampton formed 0.5% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Southampton
    20100.5%
    20090.5%
    20080.5%
    20070.4%
    20060.5%
    Record Year (since 1960) 1972 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.5%0.5%0.5%
    UK formation share in 20090.5%0.5%0.4%
    % change1.3%-2.1%6.4%
    Record Year1968 (1.1%)1972 (1.2%)1961 (1.4%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 44.6.

    The percentage of directors under the age of 25 was 1.6% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 44.0.

    The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 3.8% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 44.8.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Southampton was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Southampton in 2010 was 30.1%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Southampton was 1860 when 42.9% of all directors were female.

    26.9% of all director appointments in Southampton in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Southampton was in 1977 when 31.1% of all directors were female.

    25.7% of all director appointments in Southampton in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Dec 2009-Dec 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING1.76%CONSULTING5.06%
    MANAGEMENT1.61%MANAGEMENT5.01%
    ELECTRICAL1.19%CONSULTANCY3.14%
    CONSULTANCY0.92%PROPERTY2.36%
    MARINE0.88%TRADING2.11%
    BUSINESS0.84%ASSOCIATES1.95%
    SOUTHERN0.76%DESIGN1.92%
    PROPERTY0.73%BUSINESS1.82%
    SOLENT0.69%CONSTRUCTION1.82%
    DEVELOPMENTS0.69%CONSULTANTS1.76%
    CONSULTANTS0.65%MEDIA1.71%
    J0.65%ENGINEERING1.62%
    ENGINEERING0.61%LONDON1.60%
    ASSOCIATES0.61%CARE1.45%
    CARE0.61%INVESTMENTS1.44%
    IT0.61%GLOBAL1.43%
    NEW0.57%J1.42%
    R0.57%IT1.41%
    SOUTHAMPTON0.54%PROPERTIES1.34%
    INVESTMENTS0.54%INTERNATIONAL1.34%
    SOUTH0.50%BUILDING1.34%
    TRAINING0.50%M1.30%
    CONSTRUCTION0.50%ELECTRICAL1.25%
    (SOUTHAMPTON)0.46%SYSTEMS1.24%
    CLEANING0.46%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied860199,572
    7487 - Other business activities27163,348
    82990 - Other business support service activities not elsewhere classified8727,550
    9999 - Dormant Company6920,144
    70229 - Management consultancy activities other than financial management5514,505
    7414 - Business & management consultancy5413,474
    74909 - Other professional, scientific and technical activities not elsewhere classified487,088
    99999 - Dormant Company4716,285
    96090 - Other service activities not elsewhere classified468,799
    9305 - Other service activities458,858
    7499 - Non-trading company4512,000
    7260 - Other computer related activities448,089
    62090 - Other information technology service activities426,330
    7222 - Other software consultancy and supply407,298
    4521 - General construction & civil engineering386,598
    74990 - Non-trading company338,243
    62020 - Information technology consultancy activities319,177
    43210 - Electrical installation292,980
    98000 - Residents property management283,235
    5530 - Restaurants284,939

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07478938 VAXANDI LTD 29 Dec 2010
    07475567 GR TEST SOLUTIONS LTD 21 Dec 2010
    07470525 DARK HEARTS PRODUCTIONS LIMITED 15 Dec 2010
    07469270 M.R.Q. LIMITED 14 Dec 2010
    07465547 ANTAKSHIRI.COM LTD 09 Dec 2010
    07462542 NCS BARS LIMITED 07 Dec 2010
    07456337 SMIGO LTD 01 Dec 2010
    07477374 FREELAND AUTOMOTIVE LIMITED 23 Dec 2010
    07473108 ADVANTEC GARAGE SERVICES LIMITED 17 Dec 2010
    07469196 IMPORT BUILDING SUPPLIES LTD 14 Dec 2010
    07464214 LADIES KNIGHTS LIMITED 08 Dec 2010
    07479173 JONATHAN LEIGHTON LTD 29 Dec 2010
    07463308 IANTICO LTD 08 Dec 2010
    07456416 COMMUNITY LEISURE SUPPORT LIMITED 01 Dec 2010
    07477900 FENIX GOLF (UK) LIMITED 23 Dec 2010
    07477713 CHINA WONG LIMITED 23 Dec 2010
    07476197 PORTSWOOD TYRES LTD 22 Dec 2010
    07461464 ST DENYS AREA COMMUNITY ASSOCIATION 06 Dec 2010
    07473781 TELESYSTEM SALES LTD 20 Dec 2010
    07472677 MECHOPS SUPPORT LIMITED 17 Dec 2010
    07467578 SOMERSET FRESH LIMITED 13 Dec 2010
    07463452 VANBALLEN ENTERPRISES LIMITED 08 Dec 2010
    07477080 NEAL L MILLSTEIN LIMITED 23 Dec 2010
    07476277 EDADVICE CONSULTING LTD 22 Dec 2010
    07480361 FARAT AVIATION SERVICES LIMITED 31 Dec 2010