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Coventry, West Midlands

Q3 2011 Business Confidence Report

Headlines

  • Q3 2011 saw a new record in company registrations in Coventry when compared to any previous Q3.
  • September 2011 saw a new record in company registrations in Coventry when compared to any previous September.
  • August 2011 saw a new record in company registrations in Coventry when compared to any previous August.
  • July 2011 saw a new record in company registrations in Coventry when compared to any previous July.
  • Q3 2011 saw a new record in net growth in Coventry when compared to any previous Q3.
  • September 2011 saw a new record in net growth in Coventry when compared to any previous September.

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 (Q3 Jul-Sep 2011)

    Q3 2011 saw a new record in company registrations in Coventry when compared to any previous Q3.

    A total of 659 companies were registered in Coventry during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 15.8% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)CoventryUK
    2011659114,512
    2010569101,492
    % change15.8%12.8%
    Record Year 2011 (659) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

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

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

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2011225210224
    New companies in 2010173194202
    % change30.1%8.2%10.9%
    Record Year2011 (225)2011 (210)2011 (224)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 358 companies were dissolved in Coventry during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 31.2% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)CoventryUK
    201135872,230
    201052087,705
    % change-31.2%-17.6%
    Record Year 2009 (558) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011113144101
    Closed companies in 2010177208135
    % change-36.2%-30.8%-25%
    Record Year2010 (177)2008 (224)2009 (280)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Q3 2011 saw a new record in net growth in Coventry when compared to any previous Q3.

    Net company growth for Coventry during the third quarter of 2011 (Jul 2011 - Sep 2011) was 301 companies.

    third quarter (Jul 2011 - Sep 2011)CoventryUK
    201130142,282
    20104913,787
    Record Year 2011 (301) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    September 2011 saw a new record in net growth in Coventry when compared to any previous September.

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201111266123
    Net growth in 2010-4-1467
    Record Year2008 (179)1999 (70)2011 (123)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

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

    third quarter (Jul 2011 - Sep 2011)Coventry
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    Record Year (since 1960) 1960 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.6%0.5%0.6%
    UK formation share in 20100.5%0.6%0.6%
    % change19.0%-8.9%0.1%
    Record Year1970 (0.8%)1964 (1.0%)1986 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 42.5.

    The percentage of directors under the age of 25 was 4.4% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 3.2% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The record third quarter for female directors in Coventry was in 1862 when 50.0% of all directors were female.

    27.5% of all director appointments in Coventry in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.00%CONSULTING5.11%
    COVENTRY1.73%MANAGEMENT4.75%
    CONSULTANCY1.34%CONSULTANCY3.19%
    MANAGEMENT1.07%PROPERTY2.41%
    TRADING0.92%TRADING2.06%
    ASSOCIATES0.81%DESIGN1.94%
    CONSULTANTS0.81%ASSOCIATES1.85%
    GLOBAL0.81%BUSINESS1.82%
    SECURITY0.69%CONSULTANTS1.76%
    IT0.66%ENGINEERING1.74%
    ENGINEERING0.63%MEDIA1.72%
    SYSTEMS0.60%CONSTRUCTION1.72%
    BUSINESS0.54%LONDON1.63%
    BUILDING0.54%J1.47%
    J0.51%GLOBAL1.46%
    S0.51%INVESTMENTS1.43%
    TRANSPORT0.51%CARE1.42%
    P0.51%IT1.38%
    COMMUNITY0.48%BUILDING1.30%
    (COVENTRY)0.48%PROPERTIES1.28%
    DESIGN0.45%ELECTRICAL1.27%
    MEDIA0.45%M1.25%
    RECRUITMENT0.45%ENERGY1.22%
    MARKETING0.42%TRAINING1.21%
    DIRECT0.39%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,331204,493
    7487 - Other business activities30865,177
    62020 - Information technology consultancy activities12910,137
    82990 - Other business support service activities not elsewhere classified11829,245
    70229 - Management consultancy activities other than financial management10915,760
    9999 - Dormant Company10322,587
    99999 - Dormant Company10218,281
    7260 - Other computer related activities1018,686
    7414 - Business & management consultancy8614,755
    7222 - Other software consultancy and supply718,345
    62090 - Other information technology service activities606,798
    96090 - Other service activities not elsewhere classified5910,018
    9305 - Other service activities5210,525
    62012 - Business and domestic software development353,137
    74909 - Other professional, scientific and technical activities not elsewhere classified347,551
    7499 - Non-trading company3411,543
    6024 - Freight transport by road342,601
    74990 - Non-trading company318,064
    4521 - General construction & civil engineering306,321
    5530 - Restaurants275,640

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07724520 STARLING 22 LIMITED 01 Aug 2011
    07724541 DORITUNE LIMITED 01 Aug 2011
    07724643 F TAKOLIA LIMITED 01 Aug 2011
    07727557 LIKE A DEAL LIMITED 03 Aug 2011
    07728335 SONRON LIMITED 03 Aug 2011
    07730877 ASSETGROW BANQUE LIMITED 05 Aug 2011
    07731679 SAHARA OASIS 08 Aug 2011
    07732118 CONCEPT 91 LIMITED 08 Aug 2011
    07733122 TRADEXTRA LIMITED 08 Aug 2011
    07735937 CARD SERVICE SOLUTIONS LIMITED 10 Aug 2011
    07736423 RED WAGON LIMITED 10 Aug 2011
    07738075 OPTY INTERACTIVE LTD 11 Aug 2011
    07738150 PRINCIPAL BUILDING AND CONSULTANCY LIMITED 11 Aug 2011
    07739646 CABIN SITE SERVICES LTD 15 Aug 2011
    07740394 MIXED APPLES LTD 15 Aug 2011
    07742682 VKA SOLUTIONS LIMITED 16 Aug 2011
    07742750 BPL CONSULTANCY LIMITED 16 Aug 2011
    07748946 FIRST ASSIST RLS LIMITED 23 Aug 2011
    07750673 URUBRAS IMPORT EXPORT LIMITED 24 Aug 2011
    07754668 BENJAMIN DREXLER LIMITED 26 Aug 2011
    07740027 COGCAST LTD 15 Aug 2011
    07742002 CCTV AND SECURITY SOLUTIONS LTD 16 Aug 2011
    07747431 TSUBAKI TRANSLATIONS LIMITED 22 Aug 2011
    07745448 MENTAL HEALTH DEVELOPMENTS LTD 18 Aug 2011
    07746873 ALT TECH SOLUTIONS LTD 19 Aug 2011