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

  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 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)CoventryUK
    2010667105,137
    200954891,034
    % change21.7%15.5%
    Record Year 2007 (674) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 2010164200303
    New companies in 2009172170206
    % change-4.7%17.6%47.1%
    Record Year2008 (199)2010 (200)2007 (321)

Closed Companies (dissolved)

  1. 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)CoventryUK
    201037682,677
    2009447108,060
    % change-15.9%-23.5%
    Record Year 2009 (447) 2009 (108,060)
    Dissolved Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    Closed companies in 201092107177
    Closed companies in 20097083294
    % change31.4%28.9%-40%
    Record Year2007 (98)2010 (107)2009 (294)

Net Company Growth

  1. 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)CoventryUK
    201029122,460
    2009101-17,026
    Record Year 2007 (418) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 20107293126
    Net growth in 200910287-88
    Record Year2008 (116)2007 (114)2007 (236)

UK Company Share

  1. 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
    20100.6%
    20090.6%
    20080.5%
    20070.4%
    20060.4%
    Record Year (since 1960) 1967 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2010)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20100.6%0.6%0.7%
    UK formation share in 20090.6%0.6%0.6%
    % change-11.5%0.8%22.2%
    Record Year1965 (1.3%)1969 (1.5%)1967 (1.5%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2009-Mar 2010)

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

    wordpercentageuk worduk percentage
    CONSULTING2.42%MANAGEMENT5.01%
    COVENTRY1.47%CONSULTING4.60%
    MANAGEMENT1.31%CONSULTANCY2.87%
    CONSULTANCY1.18%PROPERTY2.50%
    ENGINEERING0.82%ASSOCIATES2.04%
    GLOBAL0.75%TRADING1.93%
    ASSOCIATES0.72%DESIGN1.91%
    IT0.66%CONSTRUCTION1.87%
    S0.62%MEDIA1.84%
    PROPERTY0.62%BUSINESS1.74%
    INVESTMENTS0.62%INTERNATIONAL1.73%
    BUSINESS0.62%CONSULTANTS1.63%
    J0.59%ENGINEERING1.54%
    MEDIA0.56%J1.48%
    SYSTEMS0.52%LONDON1.45%
    CONSTRUCTION0.49%INVESTMENTS1.45%
    GROUP0.49%GROUP1.37%
    CENTRE0.49%GLOBAL1.35%
    TRADING0.49%PROPERTIES1.35%
    BUILDING0.49%BUILDING1.34%
    DESIGN0.49%CARE1.33%
    CONSULTANTS0.49%ELECTRICAL1.30%
    ENTERPRISES0.46%M1.28%
    SERVICE0.46%SYSTEMS1.25%
    (COVENTRY)0.43%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,245228,645
    7487 - Other business activities37674,904
    7414 - Business & management consultancy10917,003
    82990 - Other business support service activities not elsewhere classified10326,974
    62020 - Information technology consultancy activities1019,943
    9999 - Dormant Company10019,948
    70229 - Management consultancy activities other than financial management9114,007
    7260 - Other computer related activities8410,331
    99999 - Dormant Company8013,808
    7222 - Other software consultancy and supply769,659
    7499 - Non-trading company6315,398
    9305 - Other service activities619,038
    62090 - Other information technology service activities506,340
    4521 - General construction & civil engineering459,325
    96090 - Other service activities not elsewhere classified458,154
    74909 - Other professional, scientific and technical activities not elsewhere classified427,143
    6024 - Freight transport by road373,665
    5530 - Restaurants344,798
    74990 - Non-trading company338,149
    62012 - Business and domestic software development282,646

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07170756 SONOVASC SA LIMITED 26 Feb 2010
    07168726 THE GLOBAL SPORTS VILLAGE LTD 25 Feb 2010
    07164623 DELANEY & TATE LIMITED 22 Feb 2010
    07162418 RUEDEL SOLARENERGIE LIMITED 18 Feb 2010
    07162172 GABLES MEDICOLEGAL LTD 18 Feb 2010
    07161640 BJW PRINT FINISHING LIMITED 18 Feb 2010
    07161332 BOSWORTH FABRICATIONS LTD 17 Feb 2010
    07161115 DOMESTIC GAS MAINTENANCE (BURTON) LIMITED 17 Feb 2010
    07159508 LITTEN TREE COVENTRY LIMITED 16 Feb 2010
    07158746 TORAX THERMOSTATIC LIMITED 16 Feb 2010
    07153311 BASTINA LIMITED 10 Feb 2010
    07153073 REDIRECT M CORPORATION LTD 10 Feb 2010
    07152984 ASPIRIX LIMITED 10 Feb 2010
    07152596 EYE CANDY TATTOO STUDIO LIMITED 10 Feb 2010
    07151771 QSC ASSOCIATES LIMITED 09 Feb 2010
    07150057 CABSITE PORTABLE BUILDING SALES LIMITED 08 Feb 2010
    07149356 JTUNES MEDIA LIMITED 08 Feb 2010
    07146825 LUCKMANS DUCKETT PARKER LIMITED 04 Feb 2010
    07146413 FXOPEN INVESTMENTS LTD 04 Feb 2010
    07144961 CLEOBOULOS THE GREEK LTD 03 Feb 2010
    07143868 WESTERN ARCHITECTURAL HARDWARE LTD 02 Feb 2010
    07143209 CORRIEMAR CONSULTING LIMITED 02 Feb 2010
    07142869 KYTES MEDIA LIMITED 02 Feb 2010
    07159138 SREEANANDA MEDICAL SERVICES LTD 16 Feb 2010
    07155577 NOVUS KITCHENS AND BEDROOMS LIMITED 12 Feb 2010