half year business confidence report
half year report contents new company registrations closed companies (dissolved) net company growth uk company share director age director gender naming trends sic data
new company registrations Half Year Data (Jan-Jun ) In the first half of a total of 283 companies were formed in. This figure is 7.6% higher than last year, which compares equally to the UK wide figure of 1.7%. The highest total for a first half year in occurred in 23 when a total of 322 were formed. HALF YEAR (JAN-JUN) ISLE OF WIGHT UK 283 253,15 263 228,735 % CHANGE 7.6% 1.7% RECORD YEAR 23 (322) 27 (279,97) new companies by half year 35 3, 3 25 2 26, 22, 18, 15 23 24 25 26 27 28 29 21 14, Quarterly Data ( Apr-Jun ) A total of 126 companies were registered in during the second quarter of (Apr - Jun ). This figure is an increase of 16.7% versus the same period last year ( ). This figure compares well to the UK as a whole, which saw an increase of 8.3% against the same period last year. SECOND QUARTER (APR - JUN ) ISLE OF WIGHT UK 126 121,659 18 112,344 % CHANGE 16.7% 8.3% RECORD YEAR 23 (161) (121,659) new companies by quarter 19 13, 16 13 1 115, 1, 85, 7 23 24 25 26 27 28 29 21 7,
Monthly Data (Apr, May & Jun ) new companies by month 9 5, 7 5 3 45, 4, 35, 1 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 3, APRIL MAY JUNE NEW COMPANIES IN 52 42 32 NEW COMPANIES IN 35 3 43 % CHANGE 48.6% 4.% -25.6% RECORD YEAR 23 (64) 27 (82) 23 (59)
closed companies (dissolved) Half Year Data (Jan-Jun ) In the first half of a total of 153 companies were dissolved in. This figure is 4.4% lower than last year, which compares well to the UK wide change of -8.9%. The highest total for a first half year in occurred in 29 when a total of 242 were closed. HALF YEAR (JAN-JUN) ISLE OF WIGHT UK 153 147,793 16 162,31 % CHANGE -4.4% -8.9% RECORD YEAR 29 (242) 29 (289,236) dissolved companies by half year 25 3, 2 15 1 23, 16, 9, 5 23 24 25 26 27 28 29 21 2, Quarterly Data ( Apr-Jun ) A total of 96 companies were dissolved in during the second quarter of (Apr - Jun ). This figure is an increase of 26.3% versus the same period last year ( ). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year. SECOND QUARTER (APR - JUN ) ISLE OF WIGHT UK 96 8,217 76 71,324 % CHANGE 26.3% 12.5% RECORD YEAR 21 (147) 29 (181,176) dissolved companies by quarter 17 2, 13 9 5 15, 1, 5, 1 23 24 25 26 27 28 29 21
Monthly Data (Apr, May & Jun ) dissolved companies by month 4 35, 32 24 16 3, 25, 2, 8 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun 15, APRIL MAY JUNE CLOSED COMPANIES IN 37 31 28 CLOSED COMPANIES IN 21 35 2 % CHANGE 76.2% -11.4% 4% RECORD YEAR 29 (42) 21 (9) 29 (41)
net company growth Half Year Data (Jan-Jun ) In the first half of the company register for increased by 13 companies. This figure is 26.2% higher than last year, which compares badly to a UK increase of 58.6%. HALF YEAR (JAN-JUN) ISLE OF WIGHT UK 13 15,357 13 66,425 % CHANGE 26.2% 58.6% RECORD YEAR 23 (228) 27 (171,296) net growth by half year 3 Net Growth UK Net Growth 2, 2 1 1, -1, -1 23 24 25 26 27 28 29 21-2, Quarterly Data ( Apr-Jun ) Net company growth for during the second quarter of (Apr - Jun ) was 3 companies. This represents a decrease of 6.3% on the same period last year. SECOND QUARTER (APR - JUN ) ISLE OF WIGHT UK 3 41,442 32 41,2 % CHANGE -6.3% 1.% RECORD YEAR 23 (111) 23 (69,274) net growth by quarter 112 Net Growth UK Net Growth 1, 56-56 5, -5, -112 23 24 25 26 27 28 29 21-1,
Monthly Data (Apr, May & Jun ) net growth by month 6 Net Growth UK Net Growth 28, 4 2 21, 14, 7, -2 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun APRIL MAY JUNE NET GROWTH IN 15 11 4 NET GROWTH IN 14-5 23 % CHANGE 7.1% -32.% -82.6% RECORD YEAR 23 (47) 27 (67) 23 (4)
uk company share Half Year Data (Jan-Jun ) In the first half of formed.1% of all UK companies. This is the same as the figure of.1%. HALF YEAR (JAN-JUN) ISLE OF WIGHT.1%.1% 21.1% 29.1% 28.1% RECORD YEAR (SINCE 196) 1969 (.3%) company share by half year % Company Share.16.14.12.1.8 23 24 25 26 27 28 29 21 Quarterly Data ( Apr-Jun ) In the second quarter of, formed.1% of all UK companies. SECOND QUARTER (APR - JUN ) ISLE OF WIGHT.1%.1% 21.1% 29.1% 28.1% RECORD YEAR (SINCE 196) 1969 (.3%) company share by quarter % Company Share.16.14.12.1.8 23 24 25 26 27 28 29 21
Monthly Data (Apr, May & Jun ) company share by month % Company Share.16.13.1.7.4 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun APRIL MAY JUNE UK FORMATION SHARE IN.1%.1%.1% UK FORMATION SHARE IN.1%.1%.1% % CHANGE 25.1% 22.7% -2.5% RECORD YEAR 1965 (.7%) 1964 (.5%) 1963 (.5%)
director age Half Year Data (Jan-Jun ) The average age of a director in the first half of was 46.8. The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 4.9%. The percentage of directors over the age of 65 was 8.8% compared to the UK figure of 3.4%. director age by half year 2 over 65 UK over 65 under 25 UK under 25 12 % Over 65 15 1 5 9 6 3 % Under 25 23 24 25 26 27 28 29 21 Quarterly Data ( Apr-Jun ) The average age of a director in the second quarter of was 47.4. The percentage of directors under the age of 25 was 3.2% compared to the UK figure of 5.2%. The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 3.3%. director age by quarter 24 over 65 UK over 65 under 25 UK under 25 12 % Over 65 18 12 6 9 6 3 % Under 25 23 24 25 26 27 28 29 21
director gender Half Year Data (Jan-Jun ) The record first half year for female directors in was 1861 when 4.% of all directors were female. 28.1% of all director appointments in in the first half of were female. This compares to a UK average of 23.4% for the same period. director gender by half year 4 % Female Directors UK % Female Directors % Female Directors 35 3 25 2 23 24 25 26 27 28 29 21
naming trends Previous 12 months (Jun -Jun ) Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF. WORD PERCENTAGE UK WORD UK PERCENTAGE ISLAND 2.47% CONSULTING 5.7% WIGHT 2.23% MANAGEMENT 4.74% MANAGEMENT 2.% CONSULTANCY 3.28% VECTIS 2.% PROPERTY 2.35% ISLE 1.53% TRADING 2.1% (IOW) 1.41% DESIGN 1.89% (IW) 1.29% ENGINEERING 1.87% CONSULTING 1.18% ASSOCIATES 1.82% PROPERTY 1.6% CONSULTANTS 1.78% COMMUNITY.82% CONSTRUCTION 1.71% ASSOCIATES.71% BUSINESS 1.7% MACKINNON.71% MEDIA 1.69% COURT.71% LONDON 1.68% SECURITY.71% J 1.57% HOUSE.71% GLOBAL 1.51% IOW.71% INVESTMENTS 1.48% WIGHT).59% IT 1.42% RED.59% CARE 1.31% TRAINING.59% PROPERTIES 1.31% CONSULTANCY.59% M 1.26% (ISLE.59% ELECTRICAL 1.23% IW.47% BUILDING 1.23% C.47% SECURITY 1.19% AVIATION.47% S 1.18% CARE.47% ENTERPRISES 1.17%
sic data Previous 36 months, excluding companies less than 12 months old SIC CODE NUMBER OF COMPANIES UK COMPANIES None Supplied 233 244,457 7487 - Other business activities 45 47,29 9999 - Dormant Company 22 16,469 969 - Other service activities not elsewhere classified 21 14,22 99999 - Dormant Company 17 26,88 622 - Information technology consultancy activities 16 15,28 8299 - Other business support service activities not elsewhere classified 14 35,447 7499 - Non-trading company 13 9,76 7229 - Management consultancy activities other than financial management 12 2,39 98 - Residents property management 12 3,1 4122 - Construction of domestic buildings 1 3,185 7414 - Business & management consultancy 9 1,978 7222 - Other software consultancy and supply 9 6,356 7499 - Other professional, scientific and technical activities not elsewhere 8 1,271 classified 411 - Development of building projects 8 5,149 5613 - Take-away food shops and mobile food stands 8 3,169 8559 - Other education not elsewhere classified 8 2,921 726 - Other computer related activities 7 6,456 9329 - Other amusement and recreation activities not elsewhere classified 7 1,751 629 - Other information technology service activities 7 8,258