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Coventry, West Midlands

2011 Annual Business Confidence Report

Headlines

  • 2011 was a record year for company registrations in Coventry when compared to any year in history.
  • The second half of 2011 saw a new record in company registrations in Coventry when compared to any previous second half year.
  • The second half of 2011 was a record second half year for company registrations in Coventry when compared to any half year in history.
  • Q4 2011 saw a new record in company registrations in Coventry when compared to any previous Q4.
  • December 2011 saw a new record in company registrations in Coventry when compared to any previous December.
  • November 2011 saw a new record in company registrations in Coventry when compared to any previous November.
  • October 2011 saw a new record in company registrations in Coventry when compared to any previous October.
  • Q4 2011 saw a new record in company closures in Coventry when compared to any previous Q4.
  • December 2011 saw a new record in company closures in Coventry when compared to any previous December.

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. Annual Data (2011)

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

    A total of 2,599 companies were formed in Coventry in 2011. This total is 10.5% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearCoventryUK
    20112,599452,870
    20102,351400,358
    20092,129362,675
    20082,055349,203
    20072,164457,649
    Record Year2011 (2,599)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

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

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

    In the second half of 2011 a total of 1,305 companies were formed in Coventry. This figure is 16.6% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Coventry occurred in 2011 when a total of 1,305 were formed.

    Half Year (Jul-Dec)CoventryUK
    20111,305224,135
    20101,119196,609
    % change16.6%14.0%
    Record Year2011 (1,305)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Coventry when compared to any previous Q4.

    A total of 646 companies were registered in Coventry during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 17.5% versus the same period last year (Q4 2010). This figure compares equally to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)CoventryUK
    2011646109,623
    201055095,117
    % change17.5%15.3%
    Record Year 2011 (646) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011231221194
    New companies in 2010192190168
    % change20.3%16.3%15.5%
    Record Year2011 (231)2011 (221)2011 (194)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 1,820 companies were dissolved in Coventry in 2011. This total is 0.2% higher than in 2010 and compares favourably to the UK figure of 8.1% decrease compared to the previous year.

    YearCoventryUK
    20111,820314,523
    20101,816342,232
    20092,191533,773
    2008922237,901
    20071,015220,295
    Record Year2009 (2,191)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 866 companies were dissolved in Coventry. This figure is 8.4% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Coventry occurred in 2009 when a total of 992 were closed.

    Half Year (Jul-Dec)CoventryUK
    2011866152,213
    2010945164,601
    % change-8.4%-7.5%
    Record Year2009 (992)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company closures in Coventry when compared to any previous Q4.

    A total of 508 companies were dissolved in Coventry during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 19.5% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)CoventryUK
    201150879,983
    201042576,896
    % change19.5%4.0%
    Record Year 2011 (508) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

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

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011105182221
    Closed companies in 201014518298
    % change-27.6%0.0%126%
    Record Year2010 (145)2011 (182)2011 (221)

Net Company Growth

  1. Annual Data (2011)

    A total of 779 companies were added to the company register for Coventry in 2011. This number represents growth of 33.1% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 244 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.

    YearCoventryUK
    2011779138,347
    201053558,126
    2009-62-171,098
    20081,133111,302
    20071,149237,354
    Record Year2007 (1,149)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Coventry increased by 439 companies.

    Half Year (Jul-Dec)CoventryUK
    201143971,922
    201017432,008
    Record Year2008 (511)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Coventry during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 138 companies.

    fourth quarter (Oct 2011 - Dec 2011)CoventryUK
    201113829,640
    201012518,221
    Record Year 2008 (314) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201112639-27
    Net growth in 201047870
    Record Year2008 (148)2008 (114)2006 (75)

UK Company Share

  1. Annual Data (2011)

    In 2011 Coventry formed 0.6% of all UK companies. This is no change on 2010 when Coventry was responsible for 0.6% of all UK companies.

    YearCoventry
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    Record Year (since 1960)1966 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Coventry
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    20070.5%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Coventry
    20110.6%
    20100.6%
    20090.6%
    20080.7%
    20070.5%
    Record Year (since 1960) 1966 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.6%0.5%0.6%
    UK formation share in 20100.6%0.6%0.6%
    % change4.6%-0.9%2.4%
    Record Year1965 (1.0%)1969 (1.1%)1966 (2.1%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 42.7.

    The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 42.4.

    The percentage of directors under the age of 25 was 5.0% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 42.4.

    The percentage of directors under the age of 25 was 5.7% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    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 2011 was 28.2%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Coventry was 1860 when 42.9% of all directors were female.

    25.5% of all director appointments in Coventry in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Coventry was in 1977 when 31.1% of all directors were female.

    23.3% of all director appointments in Coventry in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.00%CONSULTING5.07%
    COVENTRY1.59%MANAGEMENT4.74%
    CONSULTANCY1.36%CONSULTANCY3.26%
    MANAGEMENT1.33%PROPERTY2.37%
    TRADING0.81%TRADING2.07%
    ASSOCIATES0.78%DESIGN1.92%
    SECURITY0.75%ASSOCIATES1.86%
    ENGINEERING0.69%ENGINEERING1.78%
    PROPERTY0.67%BUSINESS1.78%
    S0.61%CONSULTANTS1.76%
    IT0.61%CONSTRUCTION1.73%
    CONSULTANTS0.61%MEDIA1.71%
    GLOBAL0.58%LONDON1.63%
    SYSTEMS0.58%J1.51%
    BUSINESS0.55%INVESTMENTS1.48%
    J0.55%GLOBAL1.46%
    (COVENTRY)0.49%IT1.41%
    COMMUNITY0.49%CARE1.39%
    CENTRE0.49%PROPERTIES1.29%
    TRANSPORT0.46%ELECTRICAL1.29%
    TRAINING0.46%M1.27%
    MEDIA0.46%BUILDING1.26%
    DESIGN0.46%ENERGY1.25%
    P0.43%S1.20%
    PROPERTIES0.43%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,304205,525
    7487 - Other business activities27257,052
    62020 - Information technology consultancy activities15012,072
    82990 - Other business support service activities not elsewhere classified13032,483
    70229 - Management consultancy activities other than financial management12417,765
    99999 - Dormant Company10821,846
    9999 - Dormant Company9020,199
    7260 - Other computer related activities867,667
    7414 - Business & management consultancy7913,034
    96090 - Other service activities not elsewhere classified6811,768
    62090 - Other information technology service activities667,493
    7222 - Other software consultancy and supply667,398
    9305 - Other service activities489,492
    74909 - Other professional, scientific and technical activities not elsewhere classified478,671
    62012 - Business and domestic software development373,714
    74990 - Non-trading company328,929
    6024 - Freight transport by road292,280
    7499 - Non-trading company299,957
    4521 - General construction & civil engineering295,558
    47190 - Other retail sale in non-specialised stores261,558

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07866774 SSH SECURITY LTD 01 Dec 2011
    07866912 HENNY HENNY LIMITED 01 Dec 2011
    07867290 GLENCOM LTD 01 Dec 2011
    07868957 PLANET ICE (GOSPORT) LIMITED 02 Dec 2011
    07868983 PLANET ICE (PETERBOROUGH) LIMITED 02 Dec 2011
    07869046 PLANET ICE (HEMEL HEMPSTEAD) LIMITED 02 Dec 2011
    07873670 WEBCLASS LTD 07 Dec 2011
    07874568 PM LONDON LTD 08 Dec 2011
    07874871 GENUINE CARE LIMITED 08 Dec 2011
    07877203 SHEFFIELD STEEL ROLLERGIRLS LIMITED 09 Dec 2011
    07877244 ADULTSRUS.CO.UK LIMITED 09 Dec 2011
    07878313 WILSON GREENE BUSINESS SOLUTIONS LTD 12 Dec 2011
    07881504 OCHIL MANAGEMENT LTD 14 Dec 2011
    07881941 JEFF SHAW LTD 14 Dec 2011
    07882705 CITY HOME IMPROVEMENT CENTER LIMITED 14 Dec 2011
    07882830 ANITA CHANDAK LIMITED 14 Dec 2011
    07883339 INDEX NOVA LIMITED 15 Dec 2011
    07890912 OPTIMA BUSINESS CONSULTING LTD 22 Dec 2011
    07892416 DESH TELECOM LTD 28 Dec 2011
    07893138 ALLTECH-SOLUTIONS LTD 28 Dec 2011
    07894369 ROYCE LOGISTICS LIMITED 30 Dec 2011
    OC370595 THE SOMETHING BORROWED BOUTIQUE LLP 08 Dec 2011
    OC371113 FLUORSPAR INTERNATIONAL TRADE LLP 29 Dec 2011
    07872034 FUIL LIMITED 06 Dec 2011
    07876325 BUCK-ISLAND OUTFITTERS LTD 09 Dec 2011