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
    07299136 EURONET GRUPP LTD 29 Jun 2010
    07297953 TRANSPORTAS LIMITED 29 Jun 2010
    07294346 PRECIOUS BLESSINGS INT'L PRAYER ORGANISATION LTD. 24 Jun 2010
    07294340 DURATRANS LTD 24 Jun 2010
    07289218 LOCO LOTTO LTD 18 Jun 2010
    07288784 HRLV LIMITED 18 Jun 2010
    07287804 AMF SECURITY SERVICES LIMITED 17 Jun 2010
    07287677 CASCADE-B LIMITED 17 Jun 2010
    07286730 SHIRAZ TARGET LTD 16 Jun 2010
    07283243 CARP DREAMS LIMITED 14 Jun 2010
    07281068 EXTERNAL CLADDING & RENDER LIMITED 11 Jun 2010
    07280674 TANISHA TANZILA LTD 10 Jun 2010
    07280427 CROWNGATE CONSTRUCTION, PROFESSIONAL BUILDING SERVICES LIMITED 10 Jun 2010
    07278698 KENZO CAPITAL LTD 09 Jun 2010
    07277323 HAYFORM LIMITED 08 Jun 2010
    07274934 EMJR TRADING COMPANY LTD 07 Jun 2010
    07273392 FXOPEN LTD 04 Jun 2010
    07270874 BAME MEDIA LTD 01 Jun 2010
    07269992 PURPLEAPPLE CLOTHING LIMITED 01 Jun 2010
    07269086 MEDIC FIRST AID EUROPE LIMITED 01 Jun 2010
    07268622 VICTORIADOMCARE LTD 01 Jun 2010
    07277678 XSILICA SOLUTIONS (UK) LIMITED 08 Jun 2010
    07275563 KAMKAV LIMITED 07 Jun 2010
    07295721 RRR SPAR LIMITED 25 Jun 2010
    07295089 LEISURE LEAGUES G.B. LIMITED 24 Jun 2010