Coventry, West Midlands
Q3 2010 Business Confidence Report
Headlines
- Q3 2010 saw a new record in company registrations in Coventry when compared to any previous Q3.
- September 2010 saw a new record in company registrations in Coventry when compared to any previous September.
- August 2010 saw a new record in company registrations in Coventry when compared to any previous August.
- July 2010 saw a new record in company closures in Coventry when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2010)
Q3 2010 saw a new record in company registrations in Coventry when compared to any previous Q3.
A total of 569 companies were registered in Coventry during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is an increase of 7.2% versus the same period last year (Q3 2009). This figure compares equally to the UK as a whole, which saw an increase of 7.2% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Coventry UK 2010 569 101,492 2009 531 94,671 % change 7.2% 7.2% Record Year 2010 (569) 2003 (107,203) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
September 2010 saw a new record in company registrations in Coventry when compared to any previous September.
August 2010 saw a new record in company registrations in Coventry when compared to any previous August.
New Companies by Month
July August September New companies in 2010 173 194 202 New companies in 2009 190 153 188 % change -8.9% 26.8% 7.4% Record Year 2007 (201) 2010 (194) 2010 (202)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2010)
A total of 520 companies were dissolved in Coventry during the third quarter of 2010 (Jul 2010 - Sep 2010).
This figure is a decrease of 6.8% versus the same period last year (Q3 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 45.0% against the same period last year.
third quarter (Jul 2010 - Sep 2010) Coventry UK 2010 520 87,705 2009 558 159,401 % change -6.8% -45.0% Record Year 2009 (558) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
July 2010 saw a new record in company closures in Coventry when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2010 177 208 135 Closed companies in 2009 118 160 280 % change 50.0% 30.0% -52% Record Year 2010 (177) 2008 (224) 2009 (280)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2010)
Net company growth for Coventry during the third quarter of 2010 (Jul 2010 - Sep 2010) was 49 companies.
third quarter (Jul 2010 - Sep 2010) Coventry UK 2010 49 13,787 2009 -27 -64,730 Record Year 2007 (243) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Net Growth by Month
July August September Net growth in 2010 -4 -14 67 Net growth in 2009 72 -7 -92 Record Year 2008 (179) 1999 (70) 2002 (103)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2010)
In the third quarter of 2010, Coventry formed 0.6% of all UK companies.
third quarter (Jul 2010 - Sep 2010) Coventry 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% 2006 0.4% Record Year (since 1960) 1960 (0.7%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2010)
Company Share by Month
July August September UK formation share in 2010 0.5% 0.6% 0.6% UK formation share in 2009 0.6% 0.5% 0.6% % change -15.3% 15.1% 3.0% Record Year 1970 (0.8%) 1964 (1.0%) 1986 (1.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2010)
The average age of a director in the third quarter of 2010 was 44.0.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 2.7%.
The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2010)
The record third quarter for female directors in Coventry was in 1862 when 50.0% of all directors were female.
23.1% of all director appointments in Coventry in the third quarter of 2010 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2009-Sep 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.69% MANAGEMENT 5.06% MANAGEMENT 1.43% CONSULTING 4.99% COVENTRY 1.39% CONSULTANCY 3.12% CONSULTANCY 1.24% PROPERTY 2.38% ASSOCIATES 0.82% TRADING 2.04% ENGINEERING 0.76% ASSOCIATES 2.01% CONSULTANTS 0.73% DESIGN 1.93% CONSTRUCTION 0.67% CONSTRUCTION 1.86% DESIGN 0.67% BUSINESS 1.80% IT 0.63% MEDIA 1.75% BUSINESS 0.63% CONSULTANTS 1.73% MEDIA 0.57% LONDON 1.59% GLOBAL 0.57% ENGINEERING 1.59% CENTRE 0.54% INVESTMENTS 1.49% J 0.54% CARE 1.44% TRAINING 0.51% J 1.44% TRADING 0.51% INTERNATIONAL 1.43% CARE 0.48% GLOBAL 1.42% S 0.48% IT 1.35% PROPERTY 0.48% PROPERTIES 1.35% LEISURE 0.48% BUILDING 1.32% (COVENTRY) 0.48% ELECTRICAL 1.30% ENTERPRISE 0.44% M 1.28% FOODS 0.44% SYSTEMS 1.26% R 0.44% S 1.24%
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 1,258 202,902 7487 - Other business activities 339 69,802 9999 - Dormant Company 104 21,484 82990 - Other business support service activities not elsewhere classified 98 25,053 7414 - Business & management consultancy 95 14,940 70229 - Management consultancy activities other than financial management 92 13,161 62020 - Information technology consultancy activities 91 8,292 7260 - Other computer related activities 86 8,967 99999 - Dormant Company 82 14,072 7222 - Other software consultancy and supply 77 8,183 9305 - Other service activities 69 9,454 7499 - Non-trading company 57 13,408 96090 - Other service activities not elsewhere classified 51 7,767 62090 - Other information technology service activities 43 5,716 4521 - General construction & civil engineering 42 7,634 6024 - Freight transport by road 37 2,771 5530 - Restaurants 32 5,181 74990 - Non-trading company 31 7,649 74909 - Other professional, scientific and technical activities not elsewhere classified 29 6,460 62012 - Business and domestic software development 27 2,548
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07360994 VELOSA LTD 31 Aug 2010 07360693 CLIENT MEDIATION SERVICES LTD 31 Aug 2010 07357429 PLAYFORD MANAGEMENT LIMITED 25 Aug 2010 07357373 STRAND HOUSE LIMITED 25 Aug 2010 07354938 MILJOTECH LIMITED 24 Aug 2010 07350982 TRUDERA LTD 19 Aug 2010 07343607 SENSUALIS LTD 12 Aug 2010 07343526 FAIR CLAIMS ACCIDENT MANAGEMENT LTD 12 Aug 2010 07340577 ELENA'S KITCHEN LIMITED 09 Aug 2010 07338925 UTILITY SELECTION LTD 06 Aug 2010 07338888 AMABANE LTD 06 Aug 2010 07337192 ZOO LEISURE LIMITED 05 Aug 2010 07336853 BETHEL DUNAMIS CHRISTIAN CENTRE 05 Aug 2010 07336594 RED LEISURE 2 LIMITED 05 Aug 2010 07335566 THUERINGER STRAUSSENFARM LIMITED 04 Aug 2010 07335465 BAYLEYS WINE BARS LTD 04 Aug 2010 07335119 SPECIALISED MOBILE APPLICATION SERVICES LIMITED 04 Aug 2010 07332467 LIVEMOCHA LTD 02 Aug 2010 07332329 FUNCTION CONSULTING LIMITED 02 Aug 2010 07360301 TOLUOMOWUNMI CLOTHING LTD 31 Aug 2010 07351633 LUKE TRANSPORT LTD 20 Aug 2010 07350746 MHE TYRES LTD 19 Aug 2010 07347898 JANIS TRANSPORT LIMITED 17 Aug 2010 07346739 INNOVATE CONSULTANCY LTD 16 Aug 2010 07337239 COVENTRY HOUSING ESTATES LTD 05 Aug 2010
reports
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