The increase in company closures seen in the third quarter of 2012 in Maidenhead is symptomatic of the difficult economic conditions throughout the UK
UK (PRWEB UK) 5 January 2013
Maidenhead: A new report from Duport.co.uk shows a rising number of company closures in Maidenhead during the third quarter of 2012.
Between July and September 145 companies were dissolved, which is a 31% increase on the third quarter of 2011, when there were just 111 company closures. Net company growth also fell to 38 during the third quarter, from 77 during the same period in 2011.
However, it is hoped that regeneration of the town centre will help improve the town’s economy. Last September saw the launch of the Maidenhead Town Centre Action Plan, which aims to improve the look of the area, increase the number of shops and make it into a centre for community and culture.
Peter Valaitis, Managing Director of Duport.co.uk said:
“The increase in company closures seen in the third quarter of 2012 in Maidenhead is symptomatic of the difficult economic conditions throughout the UK.”
“However, the local authority is taking action to improve the town centre offering, which should increase footfall and attract new companies to set up there.”
The Duport Business Confidence Report provides facts and statistics that provide a snapshot the local economy in Maidenhead. More information can be found at http://www.duport.co.uk/maidenhead.
Duport Business Confidence Reports are generated and released by Duport Associates Ltd. The data contained in these reports is assimilated and analysed by Duport using public record data from sources including Companies House, Office for National Statistics and Ordnance Survey. Duport Associates Ltd is a leading UK company formation agent, established in 1997 and registering around 10,000 new companies each year through its Companies House approved software.