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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
    07542080 FREELANCELOGO LIMITED 24 Feb 2011
    07536514 PRIMORIS WORLDWIDE LIMITED 21 Feb 2011
    07536057 SIDDELEY ENGINEERING LIMITED 21 Feb 2011
    07535300 MULLANY'S COACHES (UK) LIMITED 18 Feb 2011
    07533750 JJC (COVENTRY) LIMITED 17 Feb 2011
    07532378 ELECTRICAL INSULATIONS LIMITED 16 Feb 2011
    07527408 SANDAL FINANCE LIMITED 11 Feb 2011
    07524135 VOLTACON UK LIMITED 09 Feb 2011
    07518289 ABILITY CONSULTING LIMITED 04 Feb 2011
    07514346 ZEBRAJEANS LTD 02 Feb 2011
    07513746 COMPLIANT RECYCLING (COVENTRY) LIMITED 02 Feb 2011
    OC361410 PM EVENT CONSULTANTS LLP 01 Feb 2011
    OC362008 CYCLE TRANSFER LLP 21 Feb 2011
    07533120 CLEMENTINE SUPPORT LIMITED 17 Feb 2011
    07529890 RINGWOOD LOCAL LTD 15 Feb 2011
    07520783 STRATFORD UPON AVON VALETING CENTRE LTD 08 Feb 2011
    07519112 SULUDESIGNS.CO.UK LTD 07 Feb 2011
    07516059 SCRAP CAR RECOVERY.COM LTD 03 Feb 2011
    07540325 C.G.B. & SONS LTD 23 Feb 2011
    07537336 STATUS BARS LIMITED 21 Feb 2011
    07535795 BKZ LTD 21 Feb 2011
    07533915 R & R (COVENTRY) LIMITED 17 Feb 2011
    07530167 MOHALIM NETWORK LIMITED 15 Feb 2011
    07529734 THE TWINKLEBOX LTD 15 Feb 2011
    07518530 VINE TREE SOLUTIONS LIMITED 07 Feb 2011