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
New Company Registrations
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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.
Year Coventry UK 2011 2,599 452,870 2010 2,351 400,358 2009 2,129 362,675 2008 2,055 349,203 2007 2,164 457,649 Record Year 2011 (2,599) 2007 (457,649) New Companies by Year
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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) Coventry UK 2011 1,305 224,135 2010 1,119 196,609 % change 16.6% 14.0% Record Year 2011 (1,305) 2011 (224,135) New Companies by Half Year
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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) Coventry UK 2011 646 109,623 2010 550 95,117 % change 17.5% 15.3% Record Year 2011 (646) 2011 (109,623) New Companies by Quarter
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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
October November December New companies in 2011 231 221 194 New companies in 2010 192 190 168 % change 20.3% 16.3% 15.5% Record Year 2011 (231) 2011 (221) 2011 (194)
Closed Companies (dissolved)
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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.
Year Coventry UK 2011 1,820 314,523 2010 1,816 342,232 2009 2,191 533,773 2008 922 237,901 2007 1,015 220,295 Record Year 2009 (2,191) 2009 (533,773) Dissolved Companies by Year
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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) Coventry UK 2011 866 152,213 2010 945 164,601 % change -8.4% -7.5% Record Year 2009 (992) 2009 (244,537) Dissolved Companies by Half Year
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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) Coventry UK 2011 508 79,983 2010 425 76,896 % change 19.5% 4.0% Record Year 2011 (508) 2009 (85,136) Dissolved Companies by Quarter
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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
October November December Closed companies in 2011 105 182 221 Closed companies in 2010 145 182 98 % change -27.6% 0.0% 126% Record Year 2010 (145) 2011 (182) 2011 (221)
Net Company Growth
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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.
Year Coventry UK 2011 779 138,347 2010 535 58,126 2009 -62 -171,098 2008 1,133 111,302 2007 1,149 237,354 Record Year 2007 (1,149) 2003 (242,543) Net Growth by Year
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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) Coventry UK 2011 439 71,922 2010 174 32,008 Record Year 2008 (511) 2003 (117,772) Net Growth by Half Year
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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) Coventry UK 2011 138 29,640 2010 125 18,221 Record Year 2008 (314) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 126 39 -27 Net growth in 2010 47 8 70 Record Year 2008 (148) 2008 (114) 2006 (75)
UK Company Share
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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.
Year Coventry 2011 0.6% 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% Record Year (since 1960) 1966 (0.8%) Company Share by Year
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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 2011 0.6% 2010 0.6% 2009 0.6% 2008 0.6% 2007 0.5% Record Year (since 1960) 1966 (0.7%) Company Share by Half Year
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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 2011 0.6% 2010 0.6% 2009 0.6% 2008 0.7% 2007 0.5% Record Year (since 1960) 1966 (1.0%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.6% 0.5% 0.6% UK formation share in 2010 0.6% 0.6% 0.6% % change 4.6% -0.9% 2.4% Record Year 1965 (1.0%) 1969 (1.1%) 1966 (2.1%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 2.00% CONSULTING 5.07% COVENTRY 1.59% MANAGEMENT 4.74% CONSULTANCY 1.36% CONSULTANCY 3.26% MANAGEMENT 1.33% PROPERTY 2.37% TRADING 0.81% TRADING 2.07% ASSOCIATES 0.78% DESIGN 1.92% SECURITY 0.75% ASSOCIATES 1.86% ENGINEERING 0.69% ENGINEERING 1.78% PROPERTY 0.67% BUSINESS 1.78% S 0.61% CONSULTANTS 1.76% IT 0.61% CONSTRUCTION 1.73% CONSULTANTS 0.61% MEDIA 1.71% GLOBAL 0.58% LONDON 1.63% SYSTEMS 0.58% J 1.51% BUSINESS 0.55% INVESTMENTS 1.48% J 0.55% GLOBAL 1.46% (COVENTRY) 0.49% IT 1.41% COMMUNITY 0.49% CARE 1.39% CENTRE 0.49% PROPERTIES 1.29% TRANSPORT 0.46% ELECTRICAL 1.29% TRAINING 0.46% M 1.27% MEDIA 0.46% BUILDING 1.26% DESIGN 0.46% ENERGY 1.25% P 0.43% S 1.20% PROPERTIES 0.43% ENTERPRISES 1.20%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 1,304 205,525 7487 - Other business activities 272 57,052 62020 - Information technology consultancy activities 150 12,072 82990 - Other business support service activities not elsewhere classified 130 32,483 70229 - Management consultancy activities other than financial management 124 17,765 99999 - Dormant Company 108 21,846 9999 - Dormant Company 90 20,199 7260 - Other computer related activities 86 7,667 7414 - Business & management consultancy 79 13,034 96090 - Other service activities not elsewhere classified 68 11,768 62090 - Other information technology service activities 66 7,493 7222 - Other software consultancy and supply 66 7,398 9305 - Other service activities 48 9,492 74909 - Other professional, scientific and technical activities not elsewhere classified 47 8,671 62012 - Business and domestic software development 37 3,714 74990 - Non-trading company 32 8,929 6024 - Freight transport by road 29 2,280 7499 - Non-trading company 29 9,957 4521 - General construction & civil engineering 29 5,558 47190 - Other retail sale in non-specialised stores 26 1,558
Recent Companies
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Randomly selected companies from this quarter
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