Coventry, West Midlands
2010 Half Year Business Confidence Report
Headlines
- The first half of 2010 saw a new record in company registrations in Coventry when compared to any previous first half year.
- The first half of 2010 was a record first half year for company registrations in Coventry when compared to any half year in history.
- Q2 2010 saw a new record in company registrations in Coventry when compared to any previous Q2.
- June 2010 saw a new record in company registrations in Coventry when compared to any previous June.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company registrations in Coventry when compared to any previous first half year.
The first half of 2010 was a record first half year for company registrations in Coventry when compared to any half year in history.
In the first half of 2010 a total of 1,232 companies were formed in Coventry. This figure is 11.8% higher than last year, which compares badly to the UK wide figure of 11.9%.
The highest total for a first half year in Coventry occurred in 2010 when a total of 1,232 were formed.
Half Year (Jan-Jun) Coventry UK 2010 1,232 203,749 2009 1,102 182,021 % change 11.8% 11.9% Record Year 2010 (1,232) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company registrations in Coventry when compared to any previous Q2.
A total of 565 companies were registered in Coventry during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 2.0% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Coventry UK 2010 565 98,612 2009 554 90,987 % change 2.0% 8.4% Record Year 2010 (565) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company registrations in Coventry when compared to any previous June.
New Companies by Month
April May June New companies in 2010 202 164 199 New companies in 2009 190 170 194 % change 6.3% -3.5% 2.6% Record Year 2007 (209) 2007 (180) 2010 (199)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 871 companies were dissolved in Coventry. This figure is 27.4% lower than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Coventry occurred in 2009 when a total of 1,199 were closed.
Half Year (Jan-Jun) Coventry UK 2010 871 177,631 2009 1,199 289,236 % change -27.4% -38.6% Record Year 2009 (1,199) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 495 companies were dissolved in Coventry during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 34.2% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Coventry UK 2010 495 94,954 2009 752 181,176 % change -34.2% -47.6% Record Year 2009 (752) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
Dissolved Companies by Month
April May June Closed companies in 2010 123 186 186 Closed companies in 2009 225 337 190 % change -45.3% -44.8% -2% Record Year 2009 (225) 2009 (337) 2009 (190)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Coventry increased by 361 companies.
Half Year (Jan-Jun) Coventry UK 2010 361 26,118 2009 -97 -107,215 Record Year 2007 (687) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Coventry during the second quarter of 2010 (Apr 2010 - Jun 2010) was 70 companies.
second quarter (Apr 2010 - Jun 2010) Coventry UK 2010 70 3,658 2009 -198 -90,189 Record Year 2003 (310) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 79 -22 13 Net growth in 2009 -35 -167 4 Record Year 2007 (151) 2006 (99) 2008 (153)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Coventry formed 0.6% of all UK companies. This is the same as the 2009 figure of 0.6%.
Half Year (Jan-Jun) Coventry 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.4% 2006 0.4% Record Year (since 1960) 1966 (0.8%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Coventry formed 0.6% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Coventry 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% 2006 0.4% Record Year (since 1960) 1966 (1.0%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.6% 0.5% 0.6% UK formation share in 2009 0.6% 0.6% 0.6% % change -2.2% -8.0% -7.7% Record Year 1967 (0.9%) 1966 (1.8%) 1960 (0.9%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 43.9.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 43.9.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Coventry was 1861 when 40.0% of all directors were female.
24.3% of all director appointments in Coventry in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Coventry was in 1866 when 66.7% of all directors were female.
24.9% of all director appointments in Coventry in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.51% MANAGEMENT 5.01% MANAGEMENT 1.35% CONSULTING 4.79% COVENTRY 1.35% CONSULTANCY 3.02% CONSULTANCY 1.12% PROPERTY 2.40% ENGINEERING 0.87% ASSOCIATES 2.02% IT 0.74% TRADING 2.01% ASSOCIATES 0.71% DESIGN 1.91% GLOBAL 0.67% CONSTRUCTION 1.85% DESIGN 0.64% MEDIA 1.80% CONSULTANTS 0.64% BUSINESS 1.75% CONSTRUCTION 0.64% CONSULTANTS 1.71% J 0.64% INTERNATIONAL 1.59% BUSINESS 0.61% ENGINEERING 1.56% MEDIA 0.58% LONDON 1.52% CENTRE 0.58% INVESTMENTS 1.49% PROPERTY 0.55% J 1.46% S 0.51% CARE 1.41% BUILDING 0.51% GLOBAL 1.39% INVESTMENTS 0.51% PROPERTIES 1.35% ENTERPRISE 0.45% BUILDING 1.33% (COVENTRY) 0.45% M 1.29% SERVICE 0.42% IT 1.28% TRADING 0.42% ELECTRICAL 1.27% TRAINING 0.42% GROUP 1.25% C 0.42% DEVELOPMENTS 1.25%
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 1,244 207,125 7487 - Other business activities 350 68,525 82990 - Other business support service activities not elsewhere classified 103 25,942 9999 - Dormant Company 100 19,842 7414 - Business & management consultancy 93 14,598 70229 - Management consultancy activities other than financial management 91 13,490 62020 - Information technology consultancy activities 91 8,590 7260 - Other computer related activities 87 9,122 99999 - Dormant Company 83 14,342 7222 - Other software consultancy and supply 71 8,285 9305 - Other service activities 58 8,822 7499 - Non-trading company 57 13,997 96090 - Other service activities not elsewhere classified 51 7,922 62090 - Other information technology service activities 45 5,854 4521 - General construction & civil engineering 39 8,262 6024 - Freight transport by road 33 2,960 74990 - Non-trading company 32 7,893 74909 - Other professional, scientific and technical activities not elsewhere classified 32 6,684 5530 - Restaurants 31 4,879 62012 - Business and domestic software development 27 2,576
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07300297 SOINSPIRED LIMITED 30 Jun 2010 07299136 EURONET GRUPP LTD 29 Jun 2010 07298229 DENEBOLA CONSULTANCY LTD 29 Jun 2010 07294128 NUEVO HORIZON LIMITED 24 Jun 2010 07292404 ASPIRING SOLUTIONS LIMITED 22 Jun 2010 07290164 CHOICE LOCKSMITHS LTD 21 Jun 2010 07287503 CROWN AND CROWN SECURITY LIMITED 17 Jun 2010 07287171 OMEGA MANAGEMENT CONSULTING UK LTD 17 Jun 2010 07287161 PERMANENT MANAGEMENT SOLUTIONS LIMITED 17 Jun 2010 07284305 SHADED MEDIA LIMITED 15 Jun 2010 07282654 BLACK COUNTRY RANGES LIMITED 14 Jun 2010 07280674 TANISHA TANZILA LTD 10 Jun 2010 07277323 HAYFORM LIMITED 08 Jun 2010 07276480 POTENTIA SOLUTIONS LIMITED 07 Jun 2010 07272670 WISE HOTEL LIMITED 03 Jun 2010 07272439 BOTLEY PROPERTIES LIMITED 03 Jun 2010 07272323 ENTERPRISETECH LIMITED 03 Jun 2010 07269992 PURPLEAPPLE CLOTHING LIMITED 01 Jun 2010 07298345 SEGAL LIMITED 29 Jun 2010 07277678 XSILICA SOLUTIONS (UK) LIMITED 08 Jun 2010 07275566 MW SITE SOLUTIONS LTD 07 Jun 2010 07275563 KAMKAV LIMITED 07 Jun 2010 07271038 ARROW QUALITY CONSULTANCY LTD 02 Jun 2010 07298013 CAMPTON DESIGN CONSULTANTS LIMITED 29 Jun 2010 07295721 RRR SPAR LIMITED 25 Jun 2010
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