Suffolk
Q3 2014 Business Confidence Report
Headlines
- Q3 2014 saw a new record in company registrations in Suffolk when compared to any previous Q3.
- Q3 2014 saw a new record in company registrations in Suffolk when compared to any previous Q3.
- September 2014 saw a new record in company registrations in Suffolk when compared to any previous September.
- September 2014 saw a new record in company registrations in Suffolk when compared to any previous September.
- July 2014 saw a new record in company closures in Suffolk when compared to any previous July.
- July 2014 saw a new record in company closures in Suffolk when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2014)
Q3 2014 saw a new record in company registrations in Suffolk when compared to any previous Q3.
Q3 2014 saw a new record in company registrations in Suffolk when compared to any previous Q3.
A total of 864 companies were registered in Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 5.6% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 864 143,414 2013 818 132,684 % change 5.6% 8.1% Record Year 2014 (864) 2014 (143,414) New Companies by Quarter
A total of 864 companies were registered in Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 5.6% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 864 143,414 2013 818 132,684 % change 5.6% 8.1% Record Year 2014 (864) 2014 (143,414) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
September 2014 saw a new record in company registrations in Suffolk when compared to any previous September.
September 2014 saw a new record in company registrations in Suffolk when compared to any previous September.
New Companies by Month
New Companies by Month
July August September New companies in 2014 286 258 320 New companies in 2013 295 273 250 % change -3.1% -5.5% 28.0% Record Year 2013 (295) 2011 (285) 2014 (320) July August September New companies in 2014 286 258 320 New companies in 2013 295 273 250 % change -3.1% -5.5% 28.0% Record Year 2013 (295) 2011 (285) 2014 (320)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2014)
A total of 669 companies were dissolved in Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 28.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 669 101,670 2013 521 86,170 % change 28.4% 18.0% Record Year 2014 (669) 2009 (159,405) Dissolved Companies by Quarter
A total of 669 companies were dissolved in Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014).
This figure is an increase of 28.4% versus the same period last year (Q3 2013). This figure compares poorly to the UK as a whole, which saw an increase of 18.0% against the same period last year.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 669 101,670 2013 521 86,170 % change 28.4% 18.0% Record Year 2014 (669) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
July 2014 saw a new record in company closures in Suffolk when compared to any previous July.
July 2014 saw a new record in company closures in Suffolk when compared to any previous July.
Dissolved Companies by Month
Dissolved Companies by Month
July August September Closed companies in 2014 249 186 234 Closed companies in 2013 209 127 185 % change 19.1% 46.5% 26% Record Year 2014 (249) 2008 (369) 2009 (311) July August September Closed companies in 2014 249 186 234 Closed companies in 2013 209 127 185 % change 19.1% 46.5% 26% Record Year 2014 (249) 2008 (369) 2009 (311)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2014)
Net company growth for Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014) was 195 companies.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 195 41,744 2013 297 46,514 Record Year 2013 (297) 2013 (46,514) Net Growth by Quarter
Net company growth for Suffolk during the third quarter of 2014 (Jul 2014 - Sep 2014) was 195 companies.
third quarter (Jul 2014 - Sep 2014) Suffolk UK 2014 195 41,744 2013 297 46,514 Record Year 2013 (297) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Net Growth by Month
Net Growth by Month
July August September Net growth in 2014 37 72 86 Net growth in 2013 86 146 65 Record Year 2008 (187) 2002 (173) 2002 (197) July August September Net growth in 2014 37 72 86 Net growth in 2013 86 146 65 Record Year 2008 (187) 2002 (173) 2002 (197)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2014)
In the third quarter of 2014, Suffolk formed 0.6% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Suffolk 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 1993 (1.0%) Company Share by Quarter
In the third quarter of 2014, Suffolk formed 0.6% of all UK companies.
third quarter (Jul 2014 - Sep 2014) Suffolk 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.7% 2010 0.7% Record Year (since 1960) 1993 (1.0%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
Company Share by Month
July August September UK formation share in 2014 0.6% 0.6% 0.7% UK formation share in 2013 0.6% 0.7% 0.6% % change -11.9% -9.9% 17.4% Record Year 1993 (1.0%) 2002 (1.1%) 1993 (1.1%) July August September UK formation share in 2014 0.6% 0.6% 0.7% UK formation share in 2013 0.6% 0.7% 0.6% % change -11.9% -9.9% 17.4% Record Year 1993 (1.0%) 2002 (1.1%) 1993 (1.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2014)
The average age of a director in the third quarter of 2014 was 45.0.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.
Director Age by Quarter
The average age of a director in the third quarter of 2014 was 45.0.
The percentage of directors under the age of 25 was 6.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2014)
The record third quarter for female directors in Suffolk was in 2005 when 35.4% of all directors were female.
30.1% of all director appointments in Suffolk in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
The record third quarter for female directors in Suffolk was in 2005 when 35.4% of all directors were female.
30.1% of all director appointments in Suffolk in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.45% CONSULTING 5.17% SUFFOLK 1.36% MANAGEMENT 4.63% MANAGEMENT 1.30% CONSULTANCY 3.55% PROPERTY 1.27% PROPERTY 2.62% CONSULTANCY 1.21% ENGINEERING 2.07% ELECTRICAL 0.94% CONSTRUCTION 2.05% ENGINEERING 0.83% TRADING 2.00% J 0.83% LONDON 1.95% DEVELOPMENTS 0.76% CARE 1.94% CONSTRUCTION 0.76% TRANSPORT 1.76% DESIGN 0.74% DESIGN 1.70% IPSWICH 0.69% CONSULTANTS 1.70% TRANSPORT 0.69% PROPERTIES 1.63% EAST 0.65% BUSINESS 1.62% S 0.65% J 1.53% CARE 0.60% ELECTRICAL 1.53% R 0.58% GLOBAL 1.51% ASSOCIATES 0.58% INVESTMENTS 1.50% TRAINING 0.58% ASSOCIATES 1.48% D 0.56% MEDIA 1.38% BUILDING 0.56% CO., 1.36% C 0.56% DEVELOPMENTS 1.35% PROPERTIES 0.54% BUILDING 1.30% M 0.54% IT 1.30% T 0.51% M 1.23% word percentage uk word uk percentage CONSULTING 1.45% CONSULTING 5.18% SUFFOLK 1.36% MANAGEMENT 4.63% MANAGEMENT 1.27% CONSULTANCY 3.54% PROPERTY 1.27% PROPERTY 2.63% CONSULTANCY 1.18% ENGINEERING 2.08% ELECTRICAL 0.94% CONSTRUCTION 2.05% ENGINEERING 0.85% TRADING 2.01% J 0.83% LONDON 1.95% DESIGN 0.74% CARE 1.94% DEVELOPMENTS 0.74% TRANSPORT 1.76% TRANSPORT 0.72% DESIGN 1.70% CONSTRUCTION 0.72% CONSULTANTS 1.69% IPSWICH 0.69% PROPERTIES 1.63% EAST 0.65% BUSINESS 1.63% S 0.63% ELECTRICAL 1.53% ASSOCIATES 0.60% J 1.53% CARE 0.60% GLOBAL 1.52% R 0.58% INVESTMENTS 1.50% TRAINING 0.58% ASSOCIATES 1.48% D 0.58% MEDIA 1.38% BUILDING 0.56% CO., 1.36% C 0.56% DEVELOPMENTS 1.35% M 0.54% BUILDING 1.30% PROPERTIES 0.54% IT 1.30% T 0.51% M 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 1,384 278,481 70229 - Management consultancy activities other than financial management 302 40,717 99999 - Dormant Company 302 48,286 82990 - Other business support service activities not elsewhere classified 257 57,264 62020 - Information technology consultancy activities 171 29,313 96090 - Other service activities not elsewhere classified 154 28,224 74909 - Other professional, scientific and technical activities not elsewhere classified 152 18,890 41100 - Development of building projects 97 10,604 43999 - Other specialised construction activities not elsewhere classified 91 8,501 49410 - Freight transport by road 85 9,960 62090 - Other information technology service activities 78 12,795 68209 - Other letting and operating of own or leased real estate 75 10,361 86900 - Other human health activities 73 11,807 43220 - Plumbing, heat and air-conditioning installation 69 5,083 43210 - Electrical installation 68 5,922 74990 - Non-trading company 68 14,006 45200 - Maintenance and repair of motor vehicles 66 5,335 56103 - Take-away food shops and mobile food stands 65 7,917 47910 - Retail sale via mail order houses or via Internet 64 9,914 41202 - Construction of domestic buildings 60 7,151 sic code number of companies uk companies None Supplied 1,306 263,052 99999 - Dormant Company 305 48,811 70229 - Management consultancy activities other than financial management 303 41,421 82990 - Other business support service activities not elsewhere classified 258 58,078 62020 - Information technology consultancy activities 170 29,780 96090 - Other service activities not elsewhere classified 159 28,864 74909 - Other professional, scientific and technical activities not elsewhere classified 153 19,117 41100 - Development of building projects 102 10,983 43999 - Other specialised construction activities not elsewhere classified 92 8,701 49410 - Freight transport by road 85 10,336 68209 - Other letting and operating of own or leased real estate 76 10,684 62090 - Other information technology service activities 76 12,999 86900 - Other human health activities 75 12,105 74990 - Non-trading company 71 14,053 43220 - Plumbing, heat and air-conditioning installation 70 5,177 47910 - Retail sale via mail order houses or via Internet 68 10,125 43210 - Electrical installation 68 6,050 45200 - Maintenance and repair of motor vehicles 67 5,472 56103 - Take-away food shops and mobile food stands 64 8,165 41202 - Construction of domestic buildings 61 7,363
Recent Companies
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Randomly selected companies from this quarter
reports
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