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
New Company Registrations
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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) Suffolk UK 2015 1,090 161,156 2014 990 150,722 % change 10.1% 6.9% Record Year 2015 (1,090) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2015 313 349 428 New companies in 2014 308 347 335 % change 1.6% 0.6% 27.8% Record Year 2015 (313) 2015 (349) 2015 (428)
Closed Companies (dissolved)
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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) Suffolk UK 2015 584 89,523 2014 467 82,370 % change 25.1% 8.7% Record Year 2015 (584) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2015 149 217 218 Closed companies in 2014 146 164 157 % change 2.1% 32.3% 39% Record Year 2013 (234) 2015 (217) 2009 (313)
Net Company Growth
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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) Suffolk UK 2015 506 71,633 2014 523 68,352 Record Year 2014 (523) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2015 164 132 210 Net growth in 2014 162 183 178 Record Year 2015 (164) 2003 (195) 2007 (261)
UK Company Share
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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 2015 0.7% 2014 0.7% 2013 0.7% 2012 0.7% 2011 0.7% Record Year (since 1960) 1990 (1.0%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.7% 0.7% 0.7% UK formation share in 2014 0.7% 0.7% 0.6% % change -0.3% -7.3% 16.5% Record Year 1990 (1.1%) 2003 (0.9%) 1990 (1.0%)
Director Age
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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
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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
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.48% CONSULTING 5.23% MANAGEMENT 1.31% MANAGEMENT 4.56% PROPERTY 1.16% CONSULTANCY 3.62% SUFFOLK 1.16% PROPERTY 2.72% CONSULTANCY 0.92% CONSTRUCTION 2.19% J 0.90% CARE 2.13% ELECTRICAL 0.86% ENGINEERING 2.12% DESIGN 0.84% LONDON 1.91% CONSTRUCTION 0.81% TRADING 1.88% ENGINEERING 0.77% TRANSPORT 1.82% DEVELOPMENTS 0.75% ELECTRICAL 1.76% S 0.69% DESIGN 1.65% LOGISTICS 0.64% PROPERTIES 1.63% IPSWICH 0.64% CO., 1.58% CARE 0.64% J 1.55% TRANSPORT 0.64% CONSULTANTS 1.54% PROPERTIES 0.62% BUSINESS 1.49% R 0.60% INVESTMENTS 1.49% EAST 0.60% GLOBAL 1.46% ASSOCIATES 0.58% ASSOCIATES 1.44% C 0.58% DEVELOPMENTS 1.36% M 0.58% BUILDING 1.31% CLEANING 0.54% IT 1.30% CARPENTRY 0.51% MEDIA 1.28% D 0.51% M 1.27%
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 1,453 288,953 70229 - Management consultancy activities other than financial management 290 43,081 99999 - Dormant Company 273 49,474 82990 - Other business support service activities not elsewhere classified 246 58,522 62020 - Information technology consultancy activities 169 30,825 96090 - Other service activities not elsewhere classified 160 29,218 74909 - Other professional, scientific and technical activities not elsewhere classified 158 19,098 41100 - Development of building projects 104 11,863 43999 - Other specialised construction activities not elsewhere classified 92 9,080 49410 - Freight transport by road 91 12,485 68209 - Other letting and operating of own or leased real estate 82 11,600 86900 - Other human health activities 78 13,990 47910 - Retail sale via mail order houses or via Internet 73 10,200 56103 - Take-away food shops and mobile food stands 70 8,607 62090 - Other information technology service activities 70 12,862 45200 - Maintenance and repair of motor vehicles 68 5,392 43220 - Plumbing, heat and air-conditioning installation 67 5,331 43210 - Electrical installation 65 6,139 74990 - Non-trading company 65 13,794 41202 - Construction of domestic buildings 63 7,797
Recent Companies
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Randomly selected companies from this quarter
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