Suffolk
2013 Annual Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Headlines
- 2013 was a record year for company registrations in Suffolk when compared to any year in history.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Suffolk when compared to any year in history.
A total of 3,362 companies were formed in Suffolk in 2013. This total is 3.2% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Suffolk UK 2013 3,362 529,363 2012 3,257 491,893 2011 3,180 452,870 2010 2,724 400,358 2009 2,541 362,675 Record Year 2013 (3,362) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 1,582 companies were formed in Suffolk. This figure is 0.3% higher than last year, which compares badly to the UK wide figure of 8.9%.
The highest total for a second half year in Suffolk occurred in 2003 when a total of 1,599 were formed.
Half Year (Jul-Dec) Suffolk UK 2013 1,582 259,931 2012 1,577 238,743 % change 0.3% 8.9% Record Year 2003 (1,599) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 764 companies were registered in Suffolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is a decrease of 5.2% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Suffolk UK 2013 764 127,247 2012 806 119,875 % change -5.2% 6.1% Record Year 2012 (806) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
New Companies by Month
October November December New companies in 2013 313 244 207 New companies in 2012 303 274 229 % change 3.3% -10.9% -9.6% Record Year 2003 (325) 2011 (312) 2012 (229)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 2,144 companies were dissolved in Suffolk in 2013. This total is 13.9% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Suffolk UK 2013 2,144 332,213 2012 1,883 293,729 2011 2,005 314,524 2010 2,143 342,233 2009 2,674 533,789 Record Year 2009 (2,674) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 1,053 companies were dissolved in Suffolk. This figure is 9.5% higher than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Suffolk occurred in 2009 when a total of 1,210 were closed.
Half Year (Jul-Dec) Suffolk UK 2013 1,053 177,021 2012 962 145,935 % change 9.5% 21.3% Record Year 2009 (1,210) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 532 companies were dissolved in Suffolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 10.4% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Suffolk UK 2013 532 90,851 2012 482 70,027 % change 10.4% 29.7% Record Year 2009 (555) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 191 179 162 Closed companies in 2012 221 149 112 % change -13.6% 20.1% 45% Record Year 2012 (221) 2011 (203) 2009 (224)
Net Company Growth
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Annual Data (2013)
A total of 1,218 companies were added to the company register for Suffolk in 2013. This number represents growth of 36.2% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 156 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Suffolk company register grew by 1,374 companies.
Year Suffolk UK 2013 1,218 197,150 2012 1,374 198,164 2011 1,175 138,346 2010 581 58,125 2009 -133 -171,114 Record Year 2012 (1,374) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Suffolk increased by 529 companies.
Half Year (Jul-Dec) Suffolk UK 2013 529 82,910 2012 615 92,808 Record Year 2003 (997) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Suffolk during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 232 companies.
fourth quarter (Oct 2013 - Dec 2013) Suffolk UK 2013 232 36,396 2012 324 49,848 Record Year 2012 (324) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 122 65 45 Net growth in 2012 82 125 117 Record Year 2003 (257) 2003 (144) 2003 (137)
UK Company Share
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Annual Data (2013)
In 2013 Suffolk formed 0.6% of all UK companies. This is a decline on 2012 when Suffolk was responsible for 0.7% of all UK companies.
Year Suffolk 2013 0.6% 2012 0.7% 2011 0.7% 2010 0.7% 2009 0.7% Record Year (since 1960) 2000 (1.0%) Company Share by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Suffolk formed 0.6% of all UK companies. This is less than the 2012 figure of 0.7%.
Half Year (Jul-Dec) Suffolk 2013 0.6% 2012 0.7% 2011 0.7% 2010 0.6% 2009 0.7% Record Year (since 1960) 2002 (0.9%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Suffolk formed 0.6% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Suffolk 2013 0.6% 2012 0.7% 2011 0.7% 2010 0.6% 2009 0.7% Record Year (since 1960) 1990 (0.9%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.6% 0.6% 0.6% UK formation share in 2012 0.7% 0.6% 0.7% % change -4.0% -12.5% -17.8% Record Year 1993 (1.1%) 2002 (0.9%) 1992 (1.0%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 45.5.
The percentage of directors under the age of 25 was 5.3% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 45.1.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 45.4.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Suffolk was 2003 when 34.6% of all directors were female.
The percentage of female directors in Suffolk in 2013 was 29.8%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Suffolk was 2007 when 34.0% of all directors were female.
30.1% of all director appointments in Suffolk in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Suffolk was in 2006 when 34.2% of all directors were female.
29.3% of all director appointments in Suffolk in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.76% CONSULTING 5.22% MANAGEMENT 1.32% MANAGEMENT 4.72% SUFFOLK 1.19% CONSULTANCY 3.45% CONSULTANCY 1.10% PROPERTY 2.59% PROPERTY 1.03% TRADING 2.08% J 0.87% ENGINEERING 1.87% ENGINEERING 0.84% LONDON 1.86% TRAINING 0.75% DESIGN 1.76% EAST 0.68% CONSTRUCTION 1.73% CONSTRUCTION 0.68% CARE 1.73% ELECTRICAL 0.68% BUSINESS 1.71% DESIGN 0.68% CONSULTANTS 1.68% CONSULTANTS 0.66% GLOBAL 1.58% TRADING 0.57% INVESTMENTS 1.56% CARE 0.55% PROPERTIES 1.54% ASSOCIATES 0.55% ASSOCIATES 1.53% M 0.55% J 1.51% INVESTMENTS 0.52% MEDIA 1.50% R 0.52% IT 1.35% PROPERTIES 0.50% DEVELOPMENTS 1.23% ANGLIA 0.50% M 1.23% TRANSPORT 0.50% BUILDING 1.21% BUILDING 0.50% ELECTRICAL 1.20% DEVELOPMENTS 0.48% CAPITAL 1.19% P 0.48% ENERGY 1.14%
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 1,377 266,814 99999 - Dormant Company 302 46,762 82990 - Other business support service activities not elsewhere classified 276 55,342 70229 - Management consultancy activities other than financial management 274 36,164 62020 - Information technology consultancy activities 168 27,183 96090 - Other service activities not elsewhere classified 153 26,001 74909 - Other professional, scientific and technical activities not elsewhere classified 147 18,034 41100 - Development of building projects 92 9,485 62090 - Other information technology service activities 90 12,511 43210 - Electrical installation 76 5,730 43220 - Plumbing, heat and air-conditioning installation 74 4,687 43999 - Other specialised construction activities not elsewhere classified 73 7,823 86900 - Other human health activities 72 9,543 49410 - Freight transport by road 72 7,333 74990 - Non-trading company 71 14,223 68209 - Other letting and operating of own or leased real estate 63 8,733 45200 - Maintenance and repair of motor vehicles 61 4,987 62012 - Business and domestic software development 57 9,360 47910 - Retail sale via mail order houses or via Internet 57 8,879 41202 - Construction of domestic buildings 55 6,191
Recent Companies
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Randomly selected companies from this quarter
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