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

  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. 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)SuffolkUK
    2014864143,414
    2013818132,684
    % change5.6%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)SuffolkUK
    2014864143,414
    2013818132,684
    % change5.6%8.1%
    Record Year 2014 (864) 2014 (143,414)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2014286258320
    New companies in 2013295273250
    % change-3.1%-5.5%28.0%
    Record Year2013 (295)2011 (285)2014 (320)
    JulyAugustSeptember
    New companies in 2014286258320
    New companies in 2013295273250
    % change-3.1%-5.5%28.0%
    Record Year2013 (295)2011 (285)2014 (320)

Closed Companies (dissolved)

  1. 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)SuffolkUK
    2014669101,670
    201352186,170
    % change28.4%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)SuffolkUK
    2014669101,670
    201352186,170
    % change28.4%18.0%
    Record Year 2014 (669) 2009 (159,405)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2014249186234
    Closed companies in 2013209127185
    % change19.1%46.5%26%
    Record Year2014 (249)2008 (369)2009 (311)
    JulyAugustSeptember
    Closed companies in 2014249186234
    Closed companies in 2013209127185
    % change19.1%46.5%26%
    Record Year2014 (249)2008 (369)2009 (311)

Net Company Growth

  1. 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)SuffolkUK
    201419541,744
    201329746,514
    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)SuffolkUK
    201419541,744
    201329746,514
    Record Year 2013 (297) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Net Growth by Month
    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2014377286
    Net growth in 20138614665
    Record Year2008 (187)2002 (173)2002 (197)
    JulyAugustSeptember
    Net growth in 2014377286
    Net growth in 20138614665
    Record Year2008 (187)2002 (173)2002 (197)

UK Company Share

  1. 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
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    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
    20140.6%
    20130.6%
    20120.6%
    20110.7%
    20100.7%
    Record Year (since 1960) 1993 (1.0%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.6%0.6%0.7%
    UK formation share in 20130.6%0.7%0.6%
    % change-11.9%-9.9%17.4%
    Record Year1993 (1.0%)2002 (1.1%)1993 (1.1%)
    JulyAugustSeptember
    UK formation share in 20140.6%0.6%0.7%
    UK formation share in 20130.6%0.7%0.6%
    % change-11.9%-9.9%17.4%
    Record Year1993 (1.0%)2002 (1.1%)1993 (1.1%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Sep 2013-Sep 2014)

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

    wordpercentageuk worduk percentage
    CONSULTING1.45%CONSULTING5.17%
    SUFFOLK1.36%MANAGEMENT4.63%
    MANAGEMENT1.30%CONSULTANCY3.55%
    PROPERTY1.27%PROPERTY2.62%
    CONSULTANCY1.21%ENGINEERING2.07%
    ELECTRICAL0.94%CONSTRUCTION2.05%
    ENGINEERING0.83%TRADING2.00%
    J0.83%LONDON1.95%
    DEVELOPMENTS0.76%CARE1.94%
    CONSTRUCTION0.76%TRANSPORT1.76%
    DESIGN0.74%DESIGN1.70%
    IPSWICH0.69%CONSULTANTS1.70%
    TRANSPORT0.69%PROPERTIES1.63%
    EAST0.65%BUSINESS1.62%
    S0.65%J1.53%
    CARE0.60%ELECTRICAL1.53%
    R0.58%GLOBAL1.51%
    ASSOCIATES0.58%INVESTMENTS1.50%
    TRAINING0.58%ASSOCIATES1.48%
    D0.56%MEDIA1.38%
    BUILDING0.56%CO.,1.36%
    C0.56%DEVELOPMENTS1.35%
    PROPERTIES0.54%BUILDING1.30%
    M0.54%IT1.30%
    T0.51%M1.23%
    wordpercentageuk worduk percentage
    CONSULTING1.45%CONSULTING5.18%
    SUFFOLK1.36%MANAGEMENT4.63%
    MANAGEMENT1.27%CONSULTANCY3.54%
    PROPERTY1.27%PROPERTY2.63%
    CONSULTANCY1.18%ENGINEERING2.08%
    ELECTRICAL0.94%CONSTRUCTION2.05%
    ENGINEERING0.85%TRADING2.01%
    J0.83%LONDON1.95%
    DESIGN0.74%CARE1.94%
    DEVELOPMENTS0.74%TRANSPORT1.76%
    TRANSPORT0.72%DESIGN1.70%
    CONSTRUCTION0.72%CONSULTANTS1.69%
    IPSWICH0.69%PROPERTIES1.63%
    EAST0.65%BUSINESS1.63%
    S0.63%ELECTRICAL1.53%
    ASSOCIATES0.60%J1.53%
    CARE0.60%GLOBAL1.52%
    R0.58%INVESTMENTS1.50%
    TRAINING0.58%ASSOCIATES1.48%
    D0.58%MEDIA1.38%
    BUILDING0.56%CO.,1.36%
    C0.56%DEVELOPMENTS1.35%
    M0.54%BUILDING1.30%
    PROPERTIES0.54%IT1.30%
    T0.51%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,384278,481
    70229 - Management consultancy activities other than financial management30240,717
    99999 - Dormant Company30248,286
    82990 - Other business support service activities not elsewhere classified25757,264
    62020 - Information technology consultancy activities17129,313
    96090 - Other service activities not elsewhere classified15428,224
    74909 - Other professional, scientific and technical activities not elsewhere classified15218,890
    41100 - Development of building projects9710,604
    43999 - Other specialised construction activities not elsewhere classified918,501
    49410 - Freight transport by road859,960
    62090 - Other information technology service activities7812,795
    68209 - Other letting and operating of own or leased real estate7510,361
    86900 - Other human health activities7311,807
    43220 - Plumbing, heat and air-conditioning installation695,083
    43210 - Electrical installation685,922
    74990 - Non-trading company6814,006
    45200 - Maintenance and repair of motor vehicles665,335
    56103 - Take-away food shops and mobile food stands657,917
    47910 - Retail sale via mail order houses or via Internet649,914
    41202 - Construction of domestic buildings607,151
    sic codenumber of companiesuk companies
    None Supplied1,306263,052
    99999 - Dormant Company30548,811
    70229 - Management consultancy activities other than financial management30341,421
    82990 - Other business support service activities not elsewhere classified25858,078
    62020 - Information technology consultancy activities17029,780
    96090 - Other service activities not elsewhere classified15928,864
    74909 - Other professional, scientific and technical activities not elsewhere classified15319,117
    41100 - Development of building projects10210,983
    43999 - Other specialised construction activities not elsewhere classified928,701
    49410 - Freight transport by road8510,336
    68209 - Other letting and operating of own or leased real estate7610,684
    62090 - Other information technology service activities7612,999
    86900 - Other human health activities7512,105
    74990 - Non-trading company7114,053
    43220 - Plumbing, heat and air-conditioning installation705,177
    47910 - Retail sale via mail order houses or via Internet6810,125
    43210 - Electrical installation686,050
    45200 - Maintenance and repair of motor vehicles675,472
    56103 - Take-away food shops and mobile food stands648,165
    41202 - Construction of domestic buildings617,363

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09160237 EPIC PLUS LTD 04 Aug 2014
    09162544 TAYLOR COMPUTING LTD. 05 Aug 2014
    09167820 ROSEYM LIMITED 08 Aug 2014
    09171456 TWIZA FOR THE PEOPLE IN NEED LTD 12 Aug 2014
    09194617 MR CARBON LIMITED 29 Aug 2014
    09160873 CREATING ATHLETES LIMITED 05 Aug 2014
    09163710 CLARIS HEALTHCARE LTD 06 Aug 2014
    09160740 HAWLETTS PLANT LTD 05 Aug 2014
    09170326 DTO PROPERTIES LIMITED 11 Aug 2014
    09179035 ESG IN HEALTH LIMITED 18 Aug 2014
    09187064 C H DRIVER HIRE LTD 22 Aug 2014
    09192920 NO. 44 FURNITURE LTD 29 Aug 2014
    09164158 JOE CATCHPOLE LTD 06 Aug 2014
    09164320 SHALI CARS LTD 06 Aug 2014
    09166277 MULLAN CONTRACTING LIMITED 07 Aug 2014
    09166454 WORLDWIDE CONSULTING WORKS LIMITED 07 Aug 2014
    09169084 FUTUREHOLD LTD 11 Aug 2014
    09172587 ONEPLUSUK LTD 12 Aug 2014
    09176080 IPSWICH STATION TAXIS LTD 14 Aug 2014
    09176081 IPSWICH TAXIS LTD 14 Aug 2014
    09194224 UK SHOE SHINE FRANCHISE LIMITED 29 Aug 2014
    09165633 I.D.L. LOGISTICS LTD 07 Aug 2014
    09170830 SIMPLY FLOWERS IPSWICH LIMITED 11 Aug 2014
    09161686 R & H TRANSPORT LTD 05 Aug 2014
    09165729 C & D GLASS WEAR & GIFTS LIMITED 07 Aug 2014