Coventry, West Midlands

2010 Annual Business Confidence Report

Headlines

  • 2010 was a record year for company registrations in Coventry when compared to any year in history.
  • The second half of 2010 saw a new record in company registrations in Coventry when compared to any previous second half year.
  • Q4 2010 saw a new record in company registrations in Coventry when compared to any previous Q4.
  • December 2010 saw a new record in company registrations in Coventry when compared to any previous December.
  • November 2010 saw a new record in company registrations in Coventry when compared to any previous November.
  • October 2010 saw a new record in company registrations in Coventry when compared to any previous October.
  • November 2010 saw a new record in company closures in Coventry when compared to any previous November.
  • October 2010 saw a new record in company closures in Coventry when compared to any previous October.

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. Annual Data (2010)

    2010 was a record year for company registrations in Coventry when compared to any year in history.

    A total of 2,351 companies were formed in Coventry in 2010. This total is 10.4% higher than in 2009 and compares equally to the UK figure of a 10.4% growth compared to 362,675 the previous year.

    YearCoventryUK
    20102,351400,358
    20092,129362,675
    20082,055349,203
    20072,164457,649
    20061,757405,440
    Record Year2010 (2,351)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    The second half of 2010 saw a new record in company registrations in Coventry when compared to any previous second half year.

    In the second half of 2010 a total of 1,119 companies were formed in Coventry. This figure is 9.0% higher than last year, which compares well to the UK wide figure of 8.8%.

    The highest total for a second half year in Coventry occurred in 2010 when a total of 1,119 were formed.

    Half Year (Jul-Dec)CoventryUK
    20101,119196,609
    20091,027180,654
    % change9.0%8.8%
    Record Year2010 (1,119)2003 (201,446)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Q4 2010 saw a new record in company registrations in Coventry when compared to any previous Q4.

    A total of 550 companies were registered in Coventry during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is an increase of 10.9% versus the same period last year (Q4 2009). This figure compares equally to the UK as a whole, which saw an increase of 10.6% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)CoventryUK
    201055095,117
    200949685,983
    % change10.9%10.6%
    Record Year 2010 (550) 2010 (95,117)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    December 2010 saw a new record in company registrations in Coventry when compared to any previous December.

    November 2010 saw a new record in company registrations in Coventry when compared to any previous November.

    October 2010 saw a new record in company registrations in Coventry when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2010192190168
    New companies in 2009174171151
    % change10.3%11.1%11.3%
    Record Year2010 (192)2010 (190)2010 (168)

Closed Companies (dissolved)

  1. Annual Data (2010)

    A total of 1,816 companies were dissolved in Coventry in 2010. This total is 17.1% lower than in 2009 and compares favourably to the UK figure of 35.9% decrease compared to the previous year.

    YearCoventryUK
    20101,816342,232
    20092,191533,773
    2008922237,901
    20071,015220,295
    2006808200,166
    Record Year2009 (2,191)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 a total of 945 companies were dissolved in Coventry. This figure is 4.7% lower than last year, which compares badly to the UK wide change of -32.7%.

    The highest total for a second half year in Coventry occurred in 2009 when a total of 992 were closed.

    Half Year (Jul-Dec)CoventryUK
    2010945164,601
    2009992244,537
    % change-4.7%-32.7%
    Record Year2009 (992)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    A total of 425 companies were dissolved in Coventry during the fourth quarter of 2010 (Oct 2010 - Dec 2010).

    This figure is a decrease of 2.1% versus the same period last year (Q4 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 9.7% against the same period last year.

    fourth quarter (Oct 2010 - Dec 2010)CoventryUK
    201042576,896
    200943485,136
    % change-2.1%-9.7%
    Record Year 2009 (434) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    November 2010 saw a new record in company closures in Coventry when compared to any previous November.

    October 2010 saw a new record in company closures in Coventry when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201014518298
    Closed companies in 2009136138160
    % change6.6%31.9%-39%
    Record Year2010 (145)2010 (182)2009 (160)

Net Company Growth

  1. Annual Data (2010)

    A total of 535 companies were added to the company register for Coventry in 2010. This number represents growth of 25.1% in the total number of active companies, which compares favourably to the UK figure of 16.0%.

    This number is 597 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2007 when the Coventry company register grew by 1,149 companies.

    YearCoventryUK
    201053558,126
    2009-62-171,098
    20081,133111,302
    20071,149237,354
    2006949205,274
    Record Year2007 (1,149)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 the company register for Coventry increased by 174 companies.

    Half Year (Jul-Dec)CoventryUK
    201017432,008
    200935-63,883
    Record Year2008 (511)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    Net company growth for Coventry during the fourth quarter of 2010 (Oct 2010 - Dec 2010) was 125 companies.

    fourth quarter (Oct 2010 - Dec 2010)CoventryUK
    201012518,221
    200962847
    Record Year 2008 (314) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201047870
    Net growth in 20093833-9
    Record Year2008 (148)2008 (114)2006 (75)

UK Company Share

  1. Annual Data (2010)

    In 2010 Coventry formed 0.6% of all UK companies. This is no change on 2009 when Coventry was responsible for 0.6% of all UK companies.

    YearCoventry
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    20060.4%
    Record Year (since 1960)1966 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2010)

    In the second half of 2010 Coventry formed 0.6% of all UK companies. This is the same as the 2009 figure of 0.6%.

    Half Year (Jul-Dec)Coventry
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    20060.5%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    In the fourth quarter of 2010, Coventry formed 0.6% of all UK companies.

    fourth quarter (Oct 2010 - Dec 2010)Coventry
    20100.6%
    20090.6%
    20080.7%
    20070.5%
    20060.5%
    Record Year (since 1960) 1966 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2010)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20100.6%0.6%0.6%
    UK formation share in 20090.6%0.6%0.6%
    % change-3.4%-0.7%5.9%
    Record Year1965 (1.0%)1969 (1.1%)1966 (2.1%)

Director Age

  1. Annual Data (2010)

    The average age of a director in 2010 was 43.7.

    The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 2.5%.

    The percentage of directors over the age of 65 was 4.9% compared to the UK figure of 4.5%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2010)

    The average age of a director in the second half of 2010 was 43.5.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 2.8%.

    The percentage of directors over the age of 65 was 5.4% compared to the UK figure of 4.4%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The average age of a director in the fourth quarter of 2010 was 43.1.

    The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2010)

    The record year for female directors in Coventry was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Coventry in 2010 was 26.9%. The average for the UK during this time was 26.2%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2010)

    The record second half year for female directors in Coventry was 1860 when 42.9% of all directors were female.

    23.2% of all director appointments in Coventry in the second half of 2010 were female. This compares to a UK average of 25.0% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2010)

    The record fourth quarter for female directors in Coventry was in 1977 when 31.1% of all directors were female.

    23.4% of all director appointments in Coventry in the fourth quarter of 2010 were female. This compares to a UK average of 24.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.62%CONSULTING5.06%
    COVENTRY1.44%MANAGEMENT5.01%
    MANAGEMENT1.25%CONSULTANCY3.14%
    CONSULTANCY1.09%PROPERTY2.36%
    CONSULTANTS0.94%TRADING2.11%
    ASSOCIATES0.75%ASSOCIATES1.95%
    ENGINEERING0.75%DESIGN1.92%
    CONSTRUCTION0.69%BUSINESS1.82%
    TRADING0.69%CONSTRUCTION1.82%
    GLOBAL0.66%CONSULTANTS1.76%
    IT0.66%MEDIA1.71%
    DESIGN0.62%ENGINEERING1.62%
    BUSINESS0.59%LONDON1.60%
    R0.56%CARE1.45%
    MEDIA0.53%INVESTMENTS1.44%
    BUILDING0.50%GLOBAL1.43%
    J0.50%J1.42%
    S0.50%IT1.41%
    CENTRE0.50%PROPERTIES1.34%
    TRANSPORT0.47%INTERNATIONAL1.34%
    FOODS0.47%BUILDING1.34%
    (COVENTRY)0.47%M1.30%
    LEISURE0.47%ELECTRICAL1.25%
    SECURITY0.44%SYSTEMS1.24%
    CARE0.44%S1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,262199,572
    7487 - Other business activities31263,348
    82990 - Other business support service activities not elsewhere classified11027,550
    62020 - Information technology consultancy activities1089,177
    70229 - Management consultancy activities other than financial management10214,505
    9999 - Dormant Company9720,144
    99999 - Dormant Company9416,285
    7260 - Other computer related activities878,089
    7414 - Business & management consultancy8413,474
    7222 - Other software consultancy and supply687,298
    9305 - Other service activities608,858
    96090 - Other service activities not elsewhere classified568,799
    7499 - Non-trading company4712,000
    62090 - Other information technology service activities466,330
    4521 - General construction & civil engineering376,598
    62012 - Business and domestic software development362,858
    74990 - Non-trading company338,243
    6024 - Freight transport by road322,401
    74909 - Other professional, scientific and technical activities not elsewhere classified317,088
    5530 - Restaurants304,939

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07476756 GAME VENTURES EUROPE LTD 22 Dec 2010
    07475381 CV1 DIRECT LIMITED 21 Dec 2010
    07475214 GLACESWARE ONLINE ANALYSIS LIMITED 21 Dec 2010
    07475163 ASSURED IT CONSULTANTS LTD 21 Dec 2010
    07474972 ALLEGIANT FINANCE SERVICES LTD 21 Dec 2010
    07474699 ACE SUMMER CAMPS LTD 21 Dec 2010
    07473120 RENEWABLE FUNDING LIMITED 17 Dec 2010
    07473049 WARWICK GOLF CENTRE LIMITED 17 Dec 2010
    07472935 NOSTROVIA LIMITED 17 Dec 2010
    07471333 SMARTEN TRADING LIMITED 16 Dec 2010
    07470092 MID TRADING LIMITED 15 Dec 2010
    07469469 FUBLO LTD 14 Dec 2010
    07469387 HAZOLL LTD 14 Dec 2010
    07467044 REAL CRIMSON LIMITED 13 Dec 2010
    07465245 BLUE SKY SPORTS CARS LTD 09 Dec 2010
    07465156 GLOBAL LAND & RESIDENTIAL LTD 09 Dec 2010
    07459593 EMPEROR WINDOWS LIMITED 03 Dec 2010
    07459095 SPARK ELECTRIX LIMITED 03 Dec 2010
    07480477 RISHI LOCUMS LIMITED 31 Dec 2010
    07459298 TM BEST SOLUTION LTD 03 Dec 2010
    07474010 PH SKIN BALANCE LTD 20 Dec 2010
    07471972 KSYN SERVICES LIMITED 16 Dec 2010
    07464237 BE-INSURE SERVICES LIMITED 08 Dec 2010
    07461117 ARUSHI LIMITED 06 Dec 2010
    07457700 MARSTON MACHINERY SERVICES LIMITED 02 Dec 2010