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Coventry, West Midlands

2011 Half Year Business Confidence Report

Headlines

  • The first half of 2011 saw a new record in company registrations in Coventry when compared to any previous first half year.
  • The first half of 2011 was a record first half year for company registrations in Coventry when compared to any half year in history.
  • Q2 2011 saw a new record in company registrations in Coventry when compared to any previous Q2.
  • Q2 2011 was a record quarter for company registrations in Coventry when compared to any quarter in history.
  • June 2011 saw a new record in company registrations in Coventry when compared to any previous June.
  • May 2011 saw a new record in company registrations in Coventry when compared to any previous May.
  • April 2011 saw a new record in company registrations in Coventry when compared to any previous April.

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. Half Year Data (Jan-Jun 2011)

    The first half of 2011 saw a new record in company registrations in Coventry when compared to any previous first half year.

    The first half of 2011 was a record first half year for company registrations in Coventry when compared to any half year in history.

    In the first half of 2011 a total of 1,294 companies were formed in Coventry. This figure is 5.0% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Coventry occurred in 2011 when a total of 1,294 were formed.

    Half Year (Jan-Jun)CoventryUK
    20111,294228,735
    20101,232203,749
    % change5.0%12.3%
    Record Year2011 (1,294)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Q2 2011 saw a new record in company registrations in Coventry when compared to any previous Q2.

    Q2 2011 was a record quarter for company registrations in Coventry when compared to any quarter in history.

    A total of 681 companies were registered in Coventry during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 20.5% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)CoventryUK
    2011681112,344
    201056598,612
    % change20.5%13.9%
    Record Year 2011 (681) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    June 2011 saw a new record in company registrations in Coventry when compared to any previous June.

    May 2011 saw a new record in company registrations in Coventry when compared to any previous May.

    April 2011 saw a new record in company registrations in Coventry when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2011211223247
    New companies in 2010202164199
    % change4.5%36.0%24.1%
    Record Year2011 (211)2011 (223)2011 (247)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 954 companies were dissolved in Coventry. This figure is 9.5% higher than last year, which compares badly to the UK wide change of -8.6%.

    The highest total for a first half year in Coventry occurred in 2009 when a total of 1,199 were closed.

    Half Year (Jan-Jun)CoventryUK
    2011954162,310
    2010871177,631
    % change9.5%-8.6%
    Record Year2009 (1,199)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 431 companies were dissolved in Coventry during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 12.9% versus the same period last year (Q2 2010). This figure compares poorly to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)CoventryUK
    201143171,324
    201049594,954
    % change-12.9%-24.9%
    Record Year 2009 (752) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011103183145
    Closed companies in 2010123186186
    % change-16.3%-1.6%-22%
    Record Year2009 (225)2009 (337)2009 (190)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Coventry increased by 340 companies.

    Half Year (Jan-Jun)CoventryUK
    201134066,425
    201036126,118
    Record Year2007 (687)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Coventry during the second quarter of 2011 (Apr 2011 - Jun 2011) was 250 companies.

    second quarter (Apr 2011 - Jun 2011)CoventryUK
    201125041,020
    2010703,658
    Record Year 2003 (310) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 201110840102
    Net growth in 201079-2213
    Record Year2007 (151)2006 (99)2008 (153)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Coventry formed 0.6% of all UK companies. This is the same as the 2010 figure of 0.6%.

    Half Year (Jan-Jun)Coventry
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    20070.4%
    Record Year (since 1960) 1966 (0.8%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Coventry formed 0.6% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Coventry
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    Record Year (since 1960) 1966 (1.0%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.6%0.6%0.6%
    UK formation share in 20100.6%0.5%0.6%
    % change1.1%7.1%10.0%
    Record Year1967 (0.9%)1966 (1.8%)1960 (0.9%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 42.9.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 42.6.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 3.9% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

    The record first half year for female directors in Coventry was 1857 when 40.0% of all directors were female.

    23.6% of all director appointments in Coventry in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The record second quarter for female directors in Coventry was in 1866 when 66.7% of all directors were female.

    26.2% of all director appointments in Coventry in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.16%CONSULTING5.09%
    COVENTRY1.82%MANAGEMENT4.86%
    CONSULTANCY1.33%CONSULTANCY3.17%
    MANAGEMENT1.23%PROPERTY2.43%
    CONSULTANTS0.93%TRADING2.05%
    TRADING0.93%DESIGN1.94%
    ASSOCIATES0.89%ASSOCIATES1.92%
    GLOBAL0.80%BUSINESS1.87%
    R0.59%CONSTRUCTION1.77%
    BUSINESS0.59%CONSULTANTS1.76%
    IT0.59%MEDIA1.73%
    J0.59%ENGINEERING1.67%
    (COVENTRY)0.56%LONDON1.60%
    S0.56%GLOBAL1.46%
    ENGINEERING0.56%J1.44%
    SECURITY0.52%CARE1.44%
    CONSTRUCTION0.52%INVESTMENTS1.42%
    MEDIA0.49%IT1.39%
    DESIGN0.49%BUILDING1.32%
    SYSTEMS0.49%PROPERTIES1.31%
    RECRUITMENT0.46%ELECTRICAL1.30%
    P0.43%M1.27%
    LEISURE0.43%S1.23%
    DIRECT0.43%ENTERPRISES1.20%
    CAR0.40%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,313202,072
    7487 - Other business activities29960,758
    62020 - Information technology consultancy activities12710,545
    82990 - Other business support service activities not elsewhere classified12630,647
    70229 - Management consultancy activities other than financial management11316,419
    99999 - Dormant Company10518,918
    9999 - Dormant Company9420,111
    7260 - Other computer related activities897,849
    7414 - Business & management consultancy7613,053
    7222 - Other software consultancy and supply647,143
    62090 - Other information technology service activities607,095
    96090 - Other service activities not elsewhere classified5910,322
    9305 - Other service activities579,063
    7499 - Non-trading company4310,955
    62012 - Business and domestic software development373,262
    74909 - Other professional, scientific and technical activities not elsewhere classified347,835
    6024 - Freight transport by road342,316
    74990 - Non-trading company348,481
    4521 - General construction & civil engineering305,928
    5530 - Restaurants275,086

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07614654 CASTLEKNOCK PS LTD 26 Apr 2011
    07613959 KENCARE LIMITED 26 Apr 2011
    07611549 VERBRAUCHER-INFOZENTRUM LTD 21 Apr 2011
    07610693 AUREA HARMONIA LTD 20 Apr 2011
    07605554 Z AVENUE RECORDS LTD 15 Apr 2011
    07604037 GUZA CARPET & FLOORING LTD 14 Apr 2011
    07603801 MORDEN LACEY LIMITED 14 Apr 2011
    07595875 BLENDED LEARNING CONSULTANCY LIMITED 07 Apr 2011
    07595789 GO GREEN CONNECTION U.K. LIMITED 07 Apr 2011
    07594187 LWJB SERVICES LIMITED 06 Apr 2011
    07588498 PEPPERS RUGBY LIMITED 01 Apr 2011
    07588435 07588435 LIMITED 01 Apr 2011
    07615405 WRIGHTRONICS LIMITED 27 Apr 2011
    07615158 PHK (PMO) LTD 27 Apr 2011
    07610964 TOYS AND STATIONERY LIMITED 20 Apr 2011
    07600933 WARD SMITH LIMITED 12 Apr 2011
    07600832 MORAD OCCASSIONS LTD 12 Apr 2011
    07592219 REGIONS BEYOND EVANGELISTIC MINISTRIES WORLD-WIDE 05 Apr 2011
    07591966 JACEK TRANS LTD 05 Apr 2011
    07589837 SCAMP MODELLING LIMITED 04 Apr 2011
    07616903 GOLIATH SYSTEMS LTD 28 Apr 2011
    07613416 PANDORA ADVISORY SERVICES LIMITED 21 Apr 2011
    07608735 FORTYSEVEN GLOBAL LIMITED 19 Apr 2011
    07607750 1850 SECURITY LIMITED 18 Apr 2011
    07603112 C&R PERFORMANCE MOTORS LIMITED 13 Apr 2011