Download PDF version

Coventry, West Midlands

Q1 2011 Business Confidence Report

Headlines

  • Q1 2011 saw a new record in company closures in Coventry when compared to any previous Q1.
  • February 2011 saw a new record in company closures in Coventry when compared to any previous February.
  • January 2011 saw a new record in company closures in Coventry when compared to any previous January.

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 (Q1 Jan-Mar 2011)

    A total of 613 companies were registered in Coventry during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is a decrease of 8.1% versus the same period last year (Q1 2010). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)CoventryUK
    2011613116,391
    2010667105,137
    % change-8.1%10.7%
    Record Year 2007 (674) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2011172197244
    New companies in 2010164200303
    % change4.9%-1.5%-19.5%
    Record Year2008 (199)2010 (200)2007 (321)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Q1 2011 saw a new record in company closures in Coventry when compared to any previous Q1.

    A total of 523 companies were dissolved in Coventry during the first quarter of 2011 (Jan 2011 - Mar 2011).

    This figure is an increase of 39.1% versus the same period last year (Q1 2010). This figure compares poorly to the UK as a whole, which saw an increase of 10.0% against the same period last year.

    first quarter (Jan 2011 - Mar 2011)CoventryUK
    201152390,986
    201037682,677
    % change39.1%10.0%
    Record Year 2011 (523) 2009 (108,060)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    February 2011 saw a new record in company closures in Coventry when compared to any previous February.

    January 2011 saw a new record in company closures in Coventry when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2011208152163
    Closed companies in 201092107177
    % change126.1%42.1%-8%
    Record Year2011 (208)2011 (152)2009 (294)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2011)

    Net company growth for Coventry during the first quarter of 2011 (Jan 2011 - Mar 2011) was 90 companies.

    first quarter (Jan 2011 - Mar 2011)CoventryUK
    20119025,405
    201029122,460
    Record Year 2007 (418) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2011-364581
    Net growth in 20107293126
    Record Year2008 (116)2007 (114)2007 (236)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2011)

    In the first quarter of 2011, Coventry formed 0.5% of all UK companies.

    first quarter (Jan 2011 - Mar 2011)Coventry
    20110.5%
    20100.6%
    20090.6%
    20080.5%
    20070.4%
    Record Year (since 1960) 1967 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2011)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20110.5%0.5%0.5%
    UK formation share in 20100.6%0.6%0.7%
    % change-9.5%-13.4%-23.2%
    Record Year1965 (1.3%)1969 (1.5%)1967 (1.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The average age of a director in the first quarter of 2011 was 43.3.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 3.0%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2011)

    The record first quarter for female directors in Coventry was in 1861 when 40.0% of all directors were female.

    20.9% of all director appointments in Coventry in the first quarter of 2011 were female. This compares to a UK average of 25.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2010-Mar 2011)

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

    wordpercentageuk worduk percentage
    CONSULTING2.43%CONSULTING5.04%
    COVENTRY1.31%MANAGEMENT4.97%
    CONSULTANCY1.31%CONSULTANCY3.16%
    MANAGEMENT1.25%PROPERTY2.38%
    CONSULTANTS1.09%TRADING2.10%
    ENGINEERING0.74%DESIGN1.93%
    ASSOCIATES0.74%ASSOCIATES1.92%
    TRADING0.70%BUSINESS1.87%
    IT0.67%CONSTRUCTION1.80%
    J0.67%CONSULTANTS1.76%
    GLOBAL0.67%MEDIA1.69%
    DESIGN0.64%ENGINEERING1.61%
    R0.64%LONDON1.60%
    (COVENTRY)0.61%CARE1.45%
    SECURITY0.58%J1.45%
    CONSTRUCTION0.58%GLOBAL1.44%
    S0.54%INVESTMENTS1.43%
    BUSINESS0.54%IT1.41%
    ELECTRICAL0.51%PROPERTIES1.36%
    M0.51%BUILDING1.34%
    CARE0.48%M1.30%
    LEISURE0.48%ELECTRICAL1.28%
    SYSTEMS0.45%S1.24%
    MEDIA0.45%INTERNATIONAL1.23%
    P0.45%SYSTEMS1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,293202,798
    7487 - Other business activities30560,968
    82990 - Other business support service activities not elsewhere classified12530,253
    62020 - Information technology consultancy activities12210,246
    70229 - Management consultancy activities other than financial management11216,150
    99999 - Dormant Company10418,336
    9999 - Dormant Company9419,765
    7260 - Other computer related activities847,789
    7414 - Business & management consultancy7912,916
    7222 - Other software consultancy and supply667,000
    96090 - Other service activities not elsewhere classified6110,085
    9305 - Other service activities598,740
    62090 - Other information technology service activities576,996
    7499 - Non-trading company4711,316
    62012 - Business and domestic software development363,168
    74990 - Non-trading company358,695
    74909 - Other professional, scientific and technical activities not elsewhere classified337,788
    6024 - Freight transport by road332,299
    4521 - General construction & civil engineering316,183
    69201 - Accounting and auditing activities303,436

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07509124 CONNAXIS LIMITED 28 Jan 2011
    07508988 INTEGR8 BUSINESS SOLUTIONS LTD 28 Jan 2011
    07508779 CODE 6 SOLUTIONS LIMITED 27 Jan 2011
    07507742 NORTHAMPTON ADVERTISER LIMITED 27 Jan 2011
    07501204 GRAPECARE LTD 21 Jan 2011
    07501046 SWANK LIMITED 21 Jan 2011
    07500501 FHI PROJECT MANAGEMENT LIMITED 21 Jan 2011
    07499559 KHHN LIMITED 20 Jan 2011
    07496805 BRIDGE PRODUCTS LIMITED 18 Jan 2011
    07496350 RSMG CONSULTING LIMITED 18 Jan 2011
    07496299 TRIMARK CONSULTANCY LIMITED 18 Jan 2011
    07496088 IAAK LIMITED 18 Jan 2011
    07492496 JANE JOBSON (INTERIOR DESIGN) LIMITED 13 Jan 2011
    07488162 LILLINGTON MANAGEMENT LIMITED 11 Jan 2011
    07486341 SUNFIXINGS LIMITED 10 Jan 2011
    07484430 JUNCHENG LIMITED 06 Jan 2011
    07483527 COLIN CYBERNETICS LIMITED 05 Jan 2011
    07483388 MDQ CONSULTANCY LIMITED 05 Jan 2011
    07483320 RENAISSANCE HOUSE LIMITED 05 Jan 2011
    07509114 LEOFRIC MANAGEMENT LIMITED 28 Jan 2011
    07507341 PFM DEVELOPMENTS LIMITED 27 Jan 2011
    07502652 MILLENNIUM PK LTD 24 Jan 2011
    07501187 INSPIRATION WITHIN LTD 21 Jan 2011
    07498163 ELEMENTAL WELLBEING 19 Jan 2011
    07496482 BAKE 'N' GRILL CATERING SERVICES LIMITED 18 Jan 2011