Suffolk

Q1 2015 Business Confidence Report

Headlines

  • Q1 2015 saw a new record in company registrations in Suffolk when compared to any previous Q1.
  • Q1 2015 was a record quarter for company registrations in Suffolk when compared to any quarter in history.
  • March 2015 saw a new record in company registrations in Suffolk when compared to any previous March.
  • February 2015 saw a new record in company registrations in Suffolk when compared to any previous February.
  • January 2015 saw a new record in company registrations in Suffolk when compared to any previous January.
  • February 2015 saw a new record in company closures in Suffolk when compared to any previous February.
  • January 2015 saw a new record in net growth in Suffolk when compared to any previous January.

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 (Q1 Jan-Mar 2015)

    Q1 2015 saw a new record in company registrations in Suffolk when compared to any previous Q1.

    Q1 2015 was a record quarter for company registrations in Suffolk when compared to any quarter in history.

    A total of 1,090 companies were registered in Suffolk during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 10.1% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SuffolkUK
    20151,090161,156
    2014990150,722
    % change10.1%6.9%
    Record Year 2015 (1,090) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    March 2015 saw a new record in company registrations in Suffolk when compared to any previous March.

    February 2015 saw a new record in company registrations in Suffolk when compared to any previous February.

    January 2015 saw a new record in company registrations in Suffolk when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2015313349428
    New companies in 2014308347335
    % change1.6%0.6%27.8%
    Record Year2015 (313)2015 (349)2015 (428)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2015)

    A total of 584 companies were dissolved in Suffolk during the first quarter of 2015 (Jan 2015 - Mar 2015).

    This figure is an increase of 25.1% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.

    first quarter (Jan 2015 - Mar 2015)SuffolkUK
    201558489,523
    201446782,370
    % change25.1%8.7%
    Record Year 2015 (584) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    February 2015 saw a new record in company closures in Suffolk when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2015149217218
    Closed companies in 2014146164157
    % change2.1%32.3%39%
    Record Year2013 (234)2015 (217)2009 (313)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2015)

    Net company growth for Suffolk during the first quarter of 2015 (Jan 2015 - Mar 2015) was 506 companies.

    first quarter (Jan 2015 - Mar 2015)SuffolkUK
    201550671,633
    201452368,352
    Record Year 2014 (523) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    January 2015 saw a new record in net growth in Suffolk when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2015164132210
    Net growth in 2014162183178
    Record Year2015 (164)2003 (195)2007 (261)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2015)

    In the first quarter of 2015, Suffolk formed 0.7% of all UK companies.

    first quarter (Jan 2015 - Mar 2015)Suffolk
    20150.7%
    20140.7%
    20130.7%
    20120.7%
    20110.7%
    Record Year (since 1960) 1990 (1.0%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.7%0.7%0.7%
    UK formation share in 20140.7%0.7%0.6%
    % change-0.3%-7.3%16.5%
    Record Year1990 (1.1%)2003 (0.9%)1990 (1.0%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The average age of a director in the first quarter of 2015 was 45.5.

    The percentage of directors under the age of 25 was 5.9% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2015)

    The record first quarter for female directors in Suffolk was in 2008 when 34.4% of all directors were female.

    29.4% of all director appointments in Suffolk in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2014-Mar 2015)

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

    wordpercentageuk worduk percentage
    CONSULTING1.48%CONSULTING5.23%
    MANAGEMENT1.31%MANAGEMENT4.56%
    PROPERTY1.16%CONSULTANCY3.62%
    SUFFOLK1.16%PROPERTY2.72%
    CONSULTANCY0.92%CONSTRUCTION2.19%
    J0.90%CARE2.13%
    ELECTRICAL0.86%ENGINEERING2.12%
    DESIGN0.84%LONDON1.91%
    CONSTRUCTION0.81%TRADING1.88%
    ENGINEERING0.77%TRANSPORT1.82%
    DEVELOPMENTS0.75%ELECTRICAL1.76%
    S0.69%DESIGN1.65%
    LOGISTICS0.64%PROPERTIES1.63%
    IPSWICH0.64%CO.,1.58%
    CARE0.64%J1.55%
    TRANSPORT0.64%CONSULTANTS1.54%
    PROPERTIES0.62%BUSINESS1.49%
    R0.60%INVESTMENTS1.49%
    EAST0.60%GLOBAL1.46%
    ASSOCIATES0.58%ASSOCIATES1.44%
    C0.58%DEVELOPMENTS1.36%
    M0.58%BUILDING1.31%
    CLEANING0.54%IT1.30%
    CARPENTRY0.51%MEDIA1.28%
    D0.51%M1.27%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,453288,953
    70229 - Management consultancy activities other than financial management29043,081
    99999 - Dormant Company27349,474
    82990 - Other business support service activities not elsewhere classified24658,522
    62020 - Information technology consultancy activities16930,825
    96090 - Other service activities not elsewhere classified16029,218
    74909 - Other professional, scientific and technical activities not elsewhere classified15819,098
    41100 - Development of building projects10411,863
    43999 - Other specialised construction activities not elsewhere classified929,080
    49410 - Freight transport by road9112,485
    68209 - Other letting and operating of own or leased real estate8211,600
    86900 - Other human health activities7813,990
    47910 - Retail sale via mail order houses or via Internet7310,200
    56103 - Take-away food shops and mobile food stands708,607
    62090 - Other information technology service activities7012,862
    45200 - Maintenance and repair of motor vehicles685,392
    43220 - Plumbing, heat and air-conditioning installation675,331
    43210 - Electrical installation656,139
    74990 - Non-trading company6513,794
    41202 - Construction of domestic buildings637,797

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09420599 SPLASH PROMOTIONS LIMITED 03 Feb 2015
    09434145 RACING PR LTD 11 Feb 2015
    09427350 ENERGY LOW LTD 06 Feb 2015
    09439506 PETE'S PAINTING AND DECORATING SERVICES LTD 13 Feb 2015
    09416414 SIX10 LIMITED 02 Feb 2015
    09433671 DENISON CLARK LTD 11 Feb 2015
    09436228 FIGHT FOR LIFE FITNESS ZONE LIMITED 12 Feb 2015
    09437983 WHYBROW GROUP LIMITED 13 Feb 2015
    09454159 WILLOW TREE INNS LIMITED 23 Feb 2015
    09417427 ANALYSERS LTD 02 Feb 2015
    09434417 CODE ON DATA LTD 11 Feb 2015
    09435029 PIPER INVEST LTD 11 Feb 2015
    09443288 POTSTORE LTD 17 Feb 2015
    09443811 GRANGESIDE FITNESS LIMITED 17 Feb 2015
    09445372 ULYSSES PROPERTY LIMITED 18 Feb 2015
    09452452 LOCKWOOD CONSULTANCY LTD 21 Feb 2015
    09452999 CHRISSY W DRIVING SERVICES LTD 23 Feb 2015
    09453734 AMR RECRUITMENT LTD 23 Feb 2015
    09455148 BRIGHT & CLEANING SERVICES LTD 24 Feb 2015
    09460190 PRL EXPRESS LTD 26 Feb 2015
    09460478 MORRISON GROUP LIMITED 26 Feb 2015
    09423316 SORIN CARE LTD 05 Feb 2015
    09443347 SIMON DAY DEVELOPMENTS LIMITED 17 Feb 2015
    09417478 MELVILLE & HATFIELD LIMITED 02 Feb 2015
    09433645 E4O LIMITED 11 Feb 2015