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
New Company Registrations
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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.
Year Coventry UK 2010 2,351 400,358 2009 2,129 362,675 2008 2,055 349,203 2007 2,164 457,649 2006 1,757 405,440 Record Year 2010 (2,351) 2007 (457,649) New Companies by Year
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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) Coventry UK 2010 1,119 196,609 2009 1,027 180,654 % change 9.0% 8.8% Record Year 2010 (1,119) 2003 (201,446) New Companies by Half Year
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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) Coventry UK 2010 550 95,117 2009 496 85,983 % change 10.9% 10.6% Record Year 2010 (550) 2010 (95,117) New Companies by Quarter
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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
October November December New companies in 2010 192 190 168 New companies in 2009 174 171 151 % change 10.3% 11.1% 11.3% Record Year 2010 (192) 2010 (190) 2010 (168)
Closed Companies (dissolved)
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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.
Year Coventry UK 2010 1,816 342,232 2009 2,191 533,773 2008 922 237,901 2007 1,015 220,295 2006 808 200,166 Record Year 2009 (2,191) 2009 (533,773) Dissolved Companies by Year
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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) Coventry UK 2010 945 164,601 2009 992 244,537 % change -4.7% -32.7% Record Year 2009 (992) 2009 (244,537) Dissolved Companies by Half Year
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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) Coventry UK 2010 425 76,896 2009 434 85,136 % change -2.1% -9.7% Record Year 2009 (434) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2010 145 182 98 Closed companies in 2009 136 138 160 % change 6.6% 31.9% -39% Record Year 2010 (145) 2010 (182) 2009 (160)
Net Company Growth
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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.
Year Coventry UK 2010 535 58,126 2009 -62 -171,098 2008 1,133 111,302 2007 1,149 237,354 2006 949 205,274 Record Year 2007 (1,149) 2003 (242,543) Net Growth by Year
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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) Coventry UK 2010 174 32,008 2009 35 -63,883 Record Year 2008 (511) 2003 (117,772) Net Growth by Half Year
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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) Coventry UK 2010 125 18,221 2009 62 847 Record Year 2008 (314) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Net Growth by Month
October November December Net growth in 2010 47 8 70 Net growth in 2009 38 33 -9 Record Year 2008 (148) 2008 (114) 2006 (75)
UK Company Share
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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.
Year Coventry 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% 2006 0.4% Record Year (since 1960) 1966 (0.8%) Company Share by Year
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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 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% 2006 0.5% Record Year (since 1960) 1966 (0.7%) Company Share by Half Year
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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 2010 0.6% 2009 0.6% 2008 0.7% 2007 0.5% 2006 0.5% Record Year (since 1960) 1966 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2010)
Company Share by Month
October November December UK formation share in 2010 0.6% 0.6% 0.6% UK formation share in 2009 0.6% 0.6% 0.6% % change -3.4% -0.7% 5.9% Record Year 1965 (1.0%) 1969 (1.1%) 1966 (2.1%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2009-Dec 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.62% CONSULTING 5.06% COVENTRY 1.44% MANAGEMENT 5.01% MANAGEMENT 1.25% CONSULTANCY 3.14% CONSULTANCY 1.09% PROPERTY 2.36% CONSULTANTS 0.94% TRADING 2.11% ASSOCIATES 0.75% ASSOCIATES 1.95% ENGINEERING 0.75% DESIGN 1.92% CONSTRUCTION 0.69% BUSINESS 1.82% TRADING 0.69% CONSTRUCTION 1.82% GLOBAL 0.66% CONSULTANTS 1.76% IT 0.66% MEDIA 1.71% DESIGN 0.62% ENGINEERING 1.62% BUSINESS 0.59% LONDON 1.60% R 0.56% CARE 1.45% MEDIA 0.53% INVESTMENTS 1.44% BUILDING 0.50% GLOBAL 1.43% J 0.50% J 1.42% S 0.50% IT 1.41% CENTRE 0.50% PROPERTIES 1.34% TRANSPORT 0.47% INTERNATIONAL 1.34% FOODS 0.47% BUILDING 1.34% (COVENTRY) 0.47% M 1.30% LEISURE 0.47% ELECTRICAL 1.25% SECURITY 0.44% SYSTEMS 1.24% CARE 0.44% S 1.23%
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 1,262 199,572 7487 - Other business activities 312 63,348 82990 - Other business support service activities not elsewhere classified 110 27,550 62020 - Information technology consultancy activities 108 9,177 70229 - Management consultancy activities other than financial management 102 14,505 9999 - Dormant Company 97 20,144 99999 - Dormant Company 94 16,285 7260 - Other computer related activities 87 8,089 7414 - Business & management consultancy 84 13,474 7222 - Other software consultancy and supply 68 7,298 9305 - Other service activities 60 8,858 96090 - Other service activities not elsewhere classified 56 8,799 7499 - Non-trading company 47 12,000 62090 - Other information technology service activities 46 6,330 4521 - General construction & civil engineering 37 6,598 62012 - Business and domestic software development 36 2,858 74990 - Non-trading company 33 8,243 6024 - Freight transport by road 32 2,401 74909 - Other professional, scientific and technical activities not elsewhere classified 31 7,088 5530 - Restaurants 30 4,939
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07423687 THE INFIDELITY INSPECTORS LTD 29 Oct 2010 07422919 CITYADS NETWORK LIMITED 29 Oct 2010 07422589 SAHARA EUROASIA LTD 28 Oct 2010 07422562 CDA TRADING LTD 28 Oct 2010 07414899 DYNAMIC MOVEMENT LTD 21 Oct 2010 07414225 SMARTWELL LIMITED 20 Oct 2010 07412107 AKIA LIMITED 19 Oct 2010 07410356 ENTESCA LIMITED 18 Oct 2010 07409411 TRIBLUK LTD 15 Oct 2010 07408483 EVANS MILLER PITTAWAY LIMITED 15 Oct 2010 07407964 NAMASTE ORGANICS LIMITED 14 Oct 2010 07407030 HERACLITUS LIMITED 14 Oct 2010 07405265 COVENTRY OLD GRAMMAR SCHOOL LTD. 12 Oct 2010 07405167 PIPECUT LIMITED 12 Oct 2010 07403783 IMETAL LTD 12 Oct 2010 07403412 CREATIVE RETAIL ENVIRONMENTS LIMITED 11 Oct 2010 07401309 IND MOTORS LTD 08 Oct 2010 07400405 ALTERNATIVE ENERGY DESIGNS LTD 07 Oct 2010 07395258 SMARTER WEBDESIGN LTD 04 Oct 2010 07394306 ONYA CONSULTANCY LIMITED 01 Oct 2010 07411876 MARCIN TRANSPORT LTD 19 Oct 2010 07408145 PHONE SIGNAL LTD 14 Oct 2010 07406058 EFFICIENT CLEANERS LIMITED 13 Oct 2010 07402871 J.S. HIGHLANDER LTD 11 Oct 2010 07395574 RAYYANS MEDICS LTD 04 Oct 2010
reports
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