Coventry, West Midlands
Q1 2010 Business Confidence Report
Headlines
- February 2010 saw a new record in company registrations in Coventry when compared to any previous February.
- February 2010 saw a new record in company closures in Coventry when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 667 companies were registered in Coventry during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is an increase of 21.7% versus the same period last year (Q1 2009). This figure compares equally to the UK as a whole, which saw an increase of 15.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Coventry UK 2010 667 105,137 2009 548 91,034 % change 21.7% 15.5% Record Year 2007 (674) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company registrations in Coventry when compared to any previous February.
New Companies by Month
January February March New companies in 2010 164 200 303 New companies in 2009 172 170 206 % change -4.7% 17.6% 47.1% Record Year 2008 (199) 2010 (200) 2007 (321)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2010)
A total of 376 companies were dissolved in Coventry during the first quarter of 2010 (Jan 2010 - Mar 2010).
This figure is a decrease of 15.9% versus the same period last year (Q1 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 23.5% against the same period last year.
first quarter (Jan 2010 - Mar 2010) Coventry UK 2010 376 82,677 2009 447 108,060 % change -15.9% -23.5% Record Year 2009 (447) 2009 (108,060) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
February 2010 saw a new record in company closures in Coventry when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2010 92 107 177 Closed companies in 2009 70 83 294 % change 31.4% 28.9% -40% Record Year 2007 (98) 2010 (107) 2009 (294)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2010)
Net company growth for Coventry during the first quarter of 2010 (Jan 2010 - Mar 2010) was 291 companies.
first quarter (Jan 2010 - Mar 2010) Coventry UK 2010 291 22,460 2009 101 -17,026 Record Year 2007 (418) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Net Growth by Month
January February March Net growth in 2010 72 93 126 Net growth in 2009 102 87 -88 Record Year 2008 (116) 2007 (114) 2007 (236)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2010)
In the first quarter of 2010, Coventry formed 0.6% of all UK companies.
first quarter (Jan 2010 - Mar 2010) Coventry 2010 0.6% 2009 0.6% 2008 0.5% 2007 0.4% 2006 0.4% Record Year (since 1960) 1967 (0.9%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2010)
Company Share by Month
January February March UK formation share in 2010 0.6% 0.6% 0.7% UK formation share in 2009 0.6% 0.6% 0.6% % change -11.5% 0.8% 22.2% Record Year 1965 (1.3%) 1969 (1.5%) 1967 (1.5%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2010)
The average age of a director in the first quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.0%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.9%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2010)
The record first quarter for female directors in Coventry was in 1861 when 40.0% of all directors were female.
23.7% of all director appointments in Coventry in the first quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2009-Mar 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.42% MANAGEMENT 5.01% COVENTRY 1.47% CONSULTING 4.60% MANAGEMENT 1.31% CONSULTANCY 2.87% CONSULTANCY 1.18% PROPERTY 2.50% ENGINEERING 0.82% ASSOCIATES 2.04% GLOBAL 0.75% TRADING 1.93% ASSOCIATES 0.72% DESIGN 1.91% IT 0.66% CONSTRUCTION 1.87% S 0.62% MEDIA 1.84% PROPERTY 0.62% BUSINESS 1.74% INVESTMENTS 0.62% INTERNATIONAL 1.73% BUSINESS 0.62% CONSULTANTS 1.63% J 0.59% ENGINEERING 1.54% MEDIA 0.56% J 1.48% SYSTEMS 0.52% LONDON 1.45% CONSTRUCTION 0.49% INVESTMENTS 1.45% GROUP 0.49% GROUP 1.37% CENTRE 0.49% GLOBAL 1.35% TRADING 0.49% PROPERTIES 1.35% BUILDING 0.49% BUILDING 1.34% DESIGN 0.49% CARE 1.33% CONSULTANTS 0.49% ELECTRICAL 1.30% ENTERPRISES 0.46% M 1.28% SERVICE 0.46% SYSTEMS 1.25% (COVENTRY) 0.43% S 1.23%
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 1,245 228,645 7487 - Other business activities 376 74,904 7414 - Business & management consultancy 109 17,003 82990 - Other business support service activities not elsewhere classified 103 26,974 62020 - Information technology consultancy activities 101 9,943 9999 - Dormant Company 100 19,948 70229 - Management consultancy activities other than financial management 91 14,007 7260 - Other computer related activities 84 10,331 99999 - Dormant Company 80 13,808 7222 - Other software consultancy and supply 76 9,659 7499 - Non-trading company 63 15,398 9305 - Other service activities 61 9,038 62090 - Other information technology service activities 50 6,340 4521 - General construction & civil engineering 45 9,325 96090 - Other service activities not elsewhere classified 45 8,154 74909 - Other professional, scientific and technical activities not elsewhere classified 42 7,143 6024 - Freight transport by road 37 3,665 5530 - Restaurants 34 4,798 74990 - Non-trading company 33 8,149 62012 - Business and domestic software development 28 2,646
Recent Companies
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Randomly selected companies from this quarter
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