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

  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 (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)CoventryUK
    2010569101,492
    200953194,671
    % change7.2%7.2%
    Record Year 2010 (569) 2003 (107,203)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2010173194202
    New companies in 2009190153188
    % change-8.9%26.8%7.4%
    Record Year2007 (201)2010 (194)2010 (202)

Closed Companies (dissolved)

  1. 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)CoventryUK
    201052087,705
    2009558159,401
    % change-6.8%-45.0%
    Record Year 2009 (558) 2009 (159,401)
    Dissolved Companies by Quarter
  2. 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
    JulyAugustSeptember
    Closed companies in 2010177208135
    Closed companies in 2009118160280
    % change50.0%30.0%-52%
    Record Year2010 (177)2008 (224)2009 (280)

Net Company Growth

  1. 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)CoventryUK
    20104913,787
    2009-27-64,730
    Record Year 2007 (243) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2010-4-1467
    Net growth in 200972-7-92
    Record Year2008 (179)1999 (70)2002 (103)

UK Company Share

  1. 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
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    20060.4%
    Record Year (since 1960) 1960 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2010)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20100.5%0.6%0.6%
    UK formation share in 20090.6%0.5%0.6%
    % change-15.3%15.1%3.0%
    Record Year1970 (0.8%)1964 (1.0%)1986 (1.1%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.69%MANAGEMENT5.06%
    MANAGEMENT1.43%CONSULTING4.99%
    COVENTRY1.39%CONSULTANCY3.12%
    CONSULTANCY1.24%PROPERTY2.38%
    ASSOCIATES0.82%TRADING2.04%
    ENGINEERING0.76%ASSOCIATES2.01%
    CONSULTANTS0.73%DESIGN1.93%
    CONSTRUCTION0.67%CONSTRUCTION1.86%
    DESIGN0.67%BUSINESS1.80%
    IT0.63%MEDIA1.75%
    BUSINESS0.63%CONSULTANTS1.73%
    MEDIA0.57%LONDON1.59%
    GLOBAL0.57%ENGINEERING1.59%
    CENTRE0.54%INVESTMENTS1.49%
    J0.54%CARE1.44%
    TRAINING0.51%J1.44%
    TRADING0.51%INTERNATIONAL1.43%
    CARE0.48%GLOBAL1.42%
    S0.48%IT1.35%
    PROPERTY0.48%PROPERTIES1.35%
    LEISURE0.48%BUILDING1.32%
    (COVENTRY)0.48%ELECTRICAL1.30%
    ENTERPRISE0.44%M1.28%
    FOODS0.44%SYSTEMS1.26%
    R0.44%S1.24%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,258202,902
    7487 - Other business activities33969,802
    9999 - Dormant Company10421,484
    82990 - Other business support service activities not elsewhere classified9825,053
    7414 - Business & management consultancy9514,940
    70229 - Management consultancy activities other than financial management9213,161
    62020 - Information technology consultancy activities918,292
    7260 - Other computer related activities868,967
    99999 - Dormant Company8214,072
    7222 - Other software consultancy and supply778,183
    9305 - Other service activities699,454
    7499 - Non-trading company5713,408
    96090 - Other service activities not elsewhere classified517,767
    62090 - Other information technology service activities435,716
    4521 - General construction & civil engineering427,634
    6024 - Freight transport by road372,771
    5530 - Restaurants325,181
    74990 - Non-trading company317,649
    74909 - Other professional, scientific and technical activities not elsewhere classified296,460
    62012 - Business and domestic software development272,548

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07390229 CDC (COVENTRY) LIMITED 28 Sep 2010
    07390134 ABM PROPERTY INVESTMENTS LIMITED 28 Sep 2010
    07387646 DOCTORS FOR THE GULF LIMITED 24 Sep 2010
    07385057 TRIM CONCEPTS LIMITED 23 Sep 2010
    07383281 SUPREME CUTS LTD 21 Sep 2010
    07379789 LUXENT LIMITED 17 Sep 2010
    07377285 NARRATIVE INDUSTRIES LIMITED 15 Sep 2010
    07375170 EUDROMA LIMITED 14 Sep 2010
    07373751 MONTGOMERY-ALLSOP ASSOCIATES LIMITED 13 Sep 2010
    07370866 THE JADE STUDIO LIMITED 09 Sep 2010
    07368148 AIRVOX SOLUTIONS LIMITED 07 Sep 2010
    07366844 COVENTRY RUGBY COMMUNITY FOUNDATION LIMITED 06 Sep 2010
    07366832 DREAMLINE UK LIMITED 06 Sep 2010
    07365716 GINGER THE ART OF PRINT LIMITED 03 Sep 2010
    07364547 SUNSHINE CONSULTANCY AND TRAINING SERVICES LTD 03 Sep 2010
    07363917 ASSETT-TRACK LTD 02 Sep 2010
    07363886 TRIPWEE.COM LIMITED 02 Sep 2010
    07362440 LENS MODE PTE, LIMITED 01 Sep 2010
    07362390 RGS TRADE LIMITED 01 Sep 2010
    07388676 HARI SYSTEMS LTD 27 Sep 2010
    07375258 RAINBOW GENERAL SERVICES LTD 14 Sep 2010
    07363992 SEHURT LIMITED 02 Sep 2010
    07379769 EASYSCAN LIMITED 17 Sep 2010
    07374883 HN RESEARCH LIMITED 14 Sep 2010
    07367873 DR. SIMON RIXON LIMITED 07 Sep 2010