Southampton, Hampshire
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Southampton when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Southampton when compared to any previous second half year.
- The second half of 2014 was a record second half year for company registrations in Southampton when compared to any half year in history.
- Q4 2014 saw a new record in company registrations in Southampton when compared to any previous Q4.
- November 2014 saw a new record in company registrations in Southampton when compared to any previous November.
- October 2014 saw a new record in company registrations in Southampton when compared to any previous October.
- December 2014 saw a new record in company closures in Southampton when compared to any previous December.
- The second half of 2014 saw a new record in net growth in Southampton when compared to any previous second half year.
- October 2014 saw a new record in net growth in Southampton when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Southampton when compared to any year in history.
A total of 2,966 companies were formed in Southampton in 2014. This total is 24.7% higher than in 2013 and compares favourably to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Southampton UK 2014 2,966 582,051 2013 2,378 529,363 2012 2,304 491,893 2011 2,209 452,870 2010 1,845 400,358 Record Year 2014 (2,966) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Southampton when compared to any previous second half year.
The second half of 2014 was a record second half year for company registrations in Southampton when compared to any half year in history.
In the second half of 2014 a total of 1,647 companies were formed in Southampton. This figure is 46.1% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Southampton occurred in 2014 when a total of 1,647 were formed.
Half Year (Jul-Dec) Southampton UK 2014 1,647 281,320 2013 1,127 259,931 % change 46.1% 8.2% Record Year 2014 (1,647) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Southampton when compared to any previous Q4.
A total of 709 companies were registered in Southampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 30.6% versus the same period last year (Q4 2013). This figure compares well to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Southampton UK 2014 709 137,906 2013 543 127,247 % change 30.6% 8.4% Record Year 2014 (709) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
November 2014 saw a new record in company registrations in Southampton when compared to any previous November.
October 2014 saw a new record in company registrations in Southampton when compared to any previous October.
New Companies by Month
October November December New companies in 2014 336 216 157 New companies in 2013 197 192 154 % change 70.6% 12.5% 1.9% Record Year 2014 (336) 2014 (216) 2012 (164)
Closed Companies (dissolved)
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Annual Data (2014)
A total of 1,933 companies were dissolved in Southampton in 2014. This total is 13.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Southampton UK 2014 1,933 367,937 2013 1,708 332,213 2012 1,548 293,729 2011 1,756 314,524 2010 1,745 342,233 Record Year 2009 (2,153) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 a total of 1,009 companies were dissolved in Southampton. This figure is 13.6% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Southampton occurred in 2009 when a total of 1,014 were closed.
Half Year (Jul-Dec) Southampton UK 2014 1,009 190,730 2013 888 177,021 % change 13.6% 7.7% Record Year 2009 (1,014) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 448 companies were dissolved in Southampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 1.8% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Southampton UK 2014 448 89,060 2013 440 90,851 % change 1.8% -2.0% Record Year 2014 (448) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Southampton when compared to any previous December.
Dissolved Companies by Month
October November December Closed companies in 2014 141 139 168 Closed companies in 2013 148 127 165 % change -4.7% 9.4% 2% Record Year 2012 (166) 2010 (172) 2014 (168)
Net Company Growth
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Annual Data (2014)
A total of 1,033 companies were added to the company register for Southampton in 2014. This number represents growth of 34.8% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 363 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2007 when the Southampton company register grew by 1,034 companies.
Year Southampton UK 2014 1,033 214,114 2013 670 197,150 2012 756 198,164 2011 453 138,346 2010 100 58,125 Record Year 2007 (1,034) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in net growth in Southampton when compared to any previous second half year.
In the second half of 2014 the company register for Southampton increased by 638 companies.
Half Year (Jul-Dec) Southampton UK 2014 638 90,590 2013 239 82,910 Record Year 2014 (638) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Southampton during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 261 companies.
fourth quarter (Oct 2014 - Dec 2014) Southampton UK 2014 261 48,846 2013 103 36,396 Record Year 2014 (261) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
October 2014 saw a new record in net growth in Southampton when compared to any previous October.
Net Growth by Month
October November December Net growth in 2014 195 77 -11 Net growth in 2013 49 65 -11 Record Year 2014 (195) 2003 (115) 2012 (97)
UK Company Share
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Annual Data (2014)
In 2014 Southampton formed 0.5% of all UK companies. This is an improvement on 2013 when Southampton was responsible for 0.4% of all UK companies.
Year Southampton 2014 0.5% 2013 0.4% 2012 0.5% 2011 0.5% 2010 0.5% Record Year (since 1960) 1991 (0.7%) Company Share by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Southampton formed 0.6% of all UK companies. This is more than the 2013 figure of 0.4%.
Half Year (Jul-Dec) Southampton 2014 0.6% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.5% Record Year (since 1960) 1993 (0.8%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Southampton formed 0.5% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Southampton 2014 0.5% 2013 0.4% 2012 0.4% 2011 0.5% 2010 0.5% Record Year (since 1960) 1990 (0.8%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.6% 0.5% 0.4% UK formation share in 2013 0.4% 0.4% 0.4% % change 62.3% 6.8% -12.8% Record Year 1987 (0.9%) 1963 (1.2%) 1961 (1.4%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.8.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 6.7% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.1.
The percentage of directors under the age of 25 was 4.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 8.7% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 43.0.
The percentage of directors under the age of 25 was 4.8% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Southampton was 1969 when 100.0% of all directors were female.
The percentage of female directors in Southampton in 2014 was 24.9%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Southampton was 2006 when 30.4% of all directors were female.
23.2% of all director appointments in Southampton in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Southampton was in 2006 when 30.4% of all directors were female.
24.2% of all director appointments in Southampton in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.21% CONSULTING 5.22% MANAGEMENT 1.12% MANAGEMENT 4.58% CONSULTANCY 0.95% CONSULTANCY 3.57% PROPERTY 0.91% PROPERTY 2.66% ELECTRICAL 0.88% CONSTRUCTION 2.12% CARE 0.86% ENGINEERING 2.10% CONSTRUCTION 0.74% CARE 2.02% SOUTHAMPTON 0.67% TRADING 1.94% BUILDING 0.56% LONDON 1.93% DEVELOPMENTS 0.53% TRANSPORT 1.93% CONSULTANTS 0.53% DESIGN 1.66% DESIGN 0.51% CONSULTANTS 1.64% ENGINEERING 0.49% ELECTRICAL 1.62% IT 0.46% PROPERTIES 1.62% PLUMBING 0.44% BUSINESS 1.56% MAINTENANCE 0.44% J 1.54% HOLDINGS 0.42% CO., 1.50% SOUTH 0.42% GLOBAL 1.49% HEATING 0.40% INVESTMENTS 1.48% S 0.40% ASSOCIATES 1.47% CLEANING 0.40% DEVELOPMENTS 1.35% CARPENTRY 0.40% MEDIA 1.33% SOUTHERN 0.37% IT 1.31% TRADING 0.35% BUILDING 1.29% BUSINESS 0.35% M 1.22%
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 1,096 265,608 70229 - Management consultancy activities other than financial management 182 42,290 82990 - Other business support service activities not elsewhere classified 177 58,068 99999 - Dormant Company 163 48,509 66190 - Activities auxiliary to financial intermediation not elsewhere classified 139 1,976 62020 - Information technology consultancy activities 124 30,178 96090 - Other service activities not elsewhere classified 86 29,009 74909 - Other professional, scientific and technical activities not elsewhere classified 84 19,049 62090 - Other information technology service activities 69 12,837 41100 - Development of building projects 64 11,397 43210 - Electrical installation 62 5,985 43999 - Other specialised construction activities not elsewhere classified 53 8,761 62012 - Business and domestic software development 52 9,752 45200 - Maintenance and repair of motor vehicles 52 5,425 86900 - Other human health activities 50 12,976 74990 - Non-trading company 50 13,984 56103 - Take-away food shops and mobile food stands 49 8,318 47910 - Retail sale via mail order houses or via Internet 46 10,107 41202 - Construction of domestic buildings 46 7,559 56101 - Licensed restaurants 45 8,782
Recent Companies
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Randomly selected companies from this quarter
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