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
New Company Registrations
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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.
Year Southampton UK 2010 1,845 400,358 2009 1,688 362,675 2008 1,635 349,203 2007 2,290 457,649 2006 1,944 405,440 Record Year 2007 (2,290) 2007 (457,649) New Companies by Year
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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) Southampton UK 2010 898 196,609 2009 860 180,654 % change 4.4% 8.8% Record Year 2006 (956) 2003 (201,446) New Companies by Half Year
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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) Southampton UK 2010 447 95,117 2009 398 85,983 % change 12.3% 10.6% Record Year 2003 (523) 2010 (95,117) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
New Companies by Month
October November December New companies in 2010 162 162 123 New companies in 2009 140 148 110 % change 15.7% 9.5% 11.8% Record Year 2003 (198) 2003 (184) 2003 (141)
Closed Companies (dissolved)
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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.
Year Southampton UK 2010 1,754 342,232 2009 2,154 533,773 2008 1,695 237,901 2007 1,262 220,295 2006 1,110 200,166 Record Year 2009 (2,154) 2009 (533,773) Dissolved Companies by Year
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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) Southampton UK 2010 835 164,601 2009 1,012 244,537 % change -17.5% -32.7% Record Year 2009 (1,012) 2009 (244,537) Dissolved Companies by Half Year
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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) Southampton UK 2010 392 76,896 2009 443 85,136 % change -11.5% -9.7% Record Year 2009 (443) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 131 172 89 Closed companies in 2009 162 128 153 % change -19.1% 34.4% -42% Record Year 2009 (162) 2010 (172) 2009 (153)
Net Company Growth
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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.
Year Southampton UK 2010 91 58,126 2009 -466 -171,098 2008 -60 111,302 2007 1,028 237,354 2006 834 205,274 Record Year 2003 (1,178) 2003 (242,543) Net Growth by Year
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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) Southampton UK 2010 63 32,008 2009 -152 -63,883 Record Year 2003 (540) 2003 (117,772) Net Growth by Half Year
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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) Southampton UK 2010 55 18,221 2009 -45 847 Record Year 2003 (340) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 31 -10 34 Net growth in 2009 -22 20 -43 Record Year 2003 (150) 2003 (115) 2003 (75)
UK Company Share
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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.
Year Southampton 2010 0.5% 2009 0.5% 2008 0.5% 2007 0.5% 2006 0.5% Record Year (since 1960) 1982 (0.9%) Company Share by Year
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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 2010 0.5% 2009 0.5% 2008 0.5% 2007 0.5% 2006 0.5% Record Year (since 1960) 1982 (0.9%) Company Share by Half Year
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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 2010 0.5% 2009 0.5% 2008 0.5% 2007 0.4% 2006 0.5% Record Year (since 1960) 1972 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.5% 0.5% 0.5% UK formation share in 2009 0.5% 0.5% 0.4% % change 1.3% -2.1% 6.4% Record Year 1968 (1.1%) 1972 (1.2%) 1961 (1.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.76% CONSULTING 5.06% MANAGEMENT 1.61% MANAGEMENT 5.01% ELECTRICAL 1.19% CONSULTANCY 3.14% CONSULTANCY 0.92% PROPERTY 2.36% MARINE 0.88% TRADING 2.11% BUSINESS 0.84% ASSOCIATES 1.95% SOUTHERN 0.76% DESIGN 1.92% PROPERTY 0.73% BUSINESS 1.82% SOLENT 0.69% CONSTRUCTION 1.82% DEVELOPMENTS 0.69% CONSULTANTS 1.76% CONSULTANTS 0.65% MEDIA 1.71% J 0.65% ENGINEERING 1.62% ENGINEERING 0.61% LONDON 1.60% ASSOCIATES 0.61% CARE 1.45% CARE 0.61% INVESTMENTS 1.44% IT 0.61% GLOBAL 1.43% NEW 0.57% J 1.42% R 0.57% IT 1.41% SOUTHAMPTON 0.54% PROPERTIES 1.34% INVESTMENTS 0.54% INTERNATIONAL 1.34% SOUTH 0.50% BUILDING 1.34% TRAINING 0.50% M 1.30% CONSTRUCTION 0.50% ELECTRICAL 1.25% (SOUTHAMPTON) 0.46% SYSTEMS 1.24% CLEANING 0.46% S 1.23%
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 860 199,572 7487 - Other business activities 271 63,348 82990 - Other business support service activities not elsewhere classified 87 27,550 9999 - Dormant Company 69 20,144 70229 - Management consultancy activities other than financial management 55 14,505 7414 - Business & management consultancy 54 13,474 74909 - Other professional, scientific and technical activities not elsewhere classified 48 7,088 99999 - Dormant Company 47 16,285 96090 - Other service activities not elsewhere classified 46 8,799 9305 - Other service activities 45 8,858 7499 - Non-trading company 45 12,000 7260 - Other computer related activities 44 8,089 62090 - Other information technology service activities 42 6,330 7222 - Other software consultancy and supply 40 7,298 4521 - General construction & civil engineering 38 6,598 74990 - Non-trading company 33 8,243 62020 - Information technology consultancy activities 31 9,177 43210 - Electrical installation 29 2,980 98000 - Residents property management 28 3,235 5530 - Restaurants 28 4,939
Recent Companies
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Randomly selected companies from this quarter
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