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

  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. 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)CoventryUK
    20101,232203,749
    20091,102182,021
    % change11.8%11.9%
    Record Year2010 (1,232)2007 (279,097)
    New Companies by Half Year
  2. 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)CoventryUK
    201056598,612
    200955490,987
    % change2.0%8.4%
    Record Year 2010 (565) 2007 (112,283)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2010202164199
    New companies in 2009190170194
    % change6.3%-3.5%2.6%
    Record Year2007 (209)2007 (180)2010 (199)

Closed Companies (dissolved)

  1. 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)CoventryUK
    2010871177,631
    20091,199289,236
    % change-27.4%-38.6%
    Record Year2009 (1,199)2009 (289,236)
    Dissolved Companies by Half Year
  2. 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)CoventryUK
    201049594,954
    2009752181,176
    % change-34.2%-47.6%
    Record Year 2009 (752) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2010123186186
    Closed companies in 2009225337190
    % change-45.3%-44.8%-2%
    Record Year2009 (225)2009 (337)2009 (190)

Net Company Growth

  1. 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)CoventryUK
    201036126,118
    2009-97-107,215
    Record Year2007 (687)2007 (171,296)
    Net Growth by Half Year
  2. 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)CoventryUK
    2010703,658
    2009-198-90,189
    Record Year 2003 (310) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201079-2213
    Net growth in 2009-35-1674
    Record Year2007 (151)2006 (99)2008 (153)

UK Company Share

  1. 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
    20100.6%
    20090.6%
    20080.6%
    20070.4%
    20060.4%
    Record Year (since 1960) 1966 (0.8%)
    Company Share by Half Year
  2. 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
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    20060.4%
    Record Year (since 1960) 1966 (1.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.6%0.5%0.6%
    UK formation share in 20090.6%0.6%0.6%
    % change-2.2%-8.0%-7.7%
    Record Year1967 (0.9%)1966 (1.8%)1960 (0.9%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.51%MANAGEMENT5.01%
    MANAGEMENT1.35%CONSULTING4.79%
    COVENTRY1.35%CONSULTANCY3.02%
    CONSULTANCY1.12%PROPERTY2.40%
    ENGINEERING0.87%ASSOCIATES2.02%
    IT0.74%TRADING2.01%
    ASSOCIATES0.71%DESIGN1.91%
    GLOBAL0.67%CONSTRUCTION1.85%
    DESIGN0.64%MEDIA1.80%
    CONSULTANTS0.64%BUSINESS1.75%
    CONSTRUCTION0.64%CONSULTANTS1.71%
    J0.64%INTERNATIONAL1.59%
    BUSINESS0.61%ENGINEERING1.56%
    MEDIA0.58%LONDON1.52%
    CENTRE0.58%INVESTMENTS1.49%
    PROPERTY0.55%J1.46%
    S0.51%CARE1.41%
    BUILDING0.51%GLOBAL1.39%
    INVESTMENTS0.51%PROPERTIES1.35%
    ENTERPRISE0.45%BUILDING1.33%
    (COVENTRY)0.45%M1.29%
    SERVICE0.42%IT1.28%
    TRADING0.42%ELECTRICAL1.27%
    TRAINING0.42%GROUP1.25%
    C0.42%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,244207,125
    7487 - Other business activities35068,525
    82990 - Other business support service activities not elsewhere classified10325,942
    9999 - Dormant Company10019,842
    7414 - Business & management consultancy9314,598
    70229 - Management consultancy activities other than financial management9113,490
    62020 - Information technology consultancy activities918,590
    7260 - Other computer related activities879,122
    99999 - Dormant Company8314,342
    7222 - Other software consultancy and supply718,285
    9305 - Other service activities588,822
    7499 - Non-trading company5713,997
    96090 - Other service activities not elsewhere classified517,922
    62090 - Other information technology service activities455,854
    4521 - General construction & civil engineering398,262
    6024 - Freight transport by road332,960
    74990 - Non-trading company327,893
    74909 - Other professional, scientific and technical activities not elsewhere classified326,684
    5530 - Restaurants314,879
    62012 - Business and domestic software development272,576

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07240466 FABER BUILDING SERVICES LIMITED 30 Apr 2010
    07239662 SQUIRE CAR MANUFACTURING COMPANY LTD 29 Apr 2010
    07238576 SWARD (SAFETY IN WASTE AND RUBBISH DISPOSAL) 29 Apr 2010
    07238405 ARCADIA BUSINESS CONSULTING LIMITED 29 Apr 2010
    07236930 MULTIPLE SUPPLIES (UK) LTD 27 Apr 2010
    07232579 ECON CONSULTING LIMITED 22 Apr 2010
    07231625 FLUMPET LIMITED 22 Apr 2010
    07230879 THE NATIONAL B2B CENTRE LIMITED 21 Apr 2010
    07230696 ABOTINAM LTD 21 Apr 2010
    07227283 DCIT CONSULTANTS LIMITED 19 Apr 2010
    07224760 M.P. SOLUTIONS DIRECT LIMITED 15 Apr 2010
    07223686 247SIDE.COM LTD 14 Apr 2010
    07223239 UK GREEN DEAL SERVICE LTD 14 Apr 2010
    07223206 HLP CONTROLS LTD 14 Apr 2010
    07221508 PIMTO LTD 13 Apr 2010
    07220649 REUBEN PEERIS CONSULTING LTD 12 Apr 2010
    07219849 GB NETWORKS LTD 12 Apr 2010
    07217938 QI FLUID MECHANICS LIMITED 09 Apr 2010
    07217527 THORNBERRY ENGINEERING LTD 08 Apr 2010
    07216986 HAPPY PEACE LIMITED 08 Apr 2010
    07216782 CLEARWAY PARKING SOLUTIONS LTD 08 Apr 2010
    07216314 COTTON NAPPY SERVICE 08 Apr 2010
    07215890 INTELLISPHERE LIMITED 07 Apr 2010
    07215317 DYNAMECH ENGINEERING DESIGN LTD 07 Apr 2010
    07213505 MAMITO LIMITED 06 Apr 2010