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Coventry, West Midlands

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Coventry when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Coventry when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Coventry when compared to any previous February.
  • January 2012 saw a new record in company registrations in Coventry when compared to any previous January.
  • January 2012 saw a new record in net growth 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 2012)

    Q1 2012 saw a new record in company registrations in Coventry when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Coventry when compared to any quarter in history.

    A total of 721 companies were registered in Coventry during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 17.6% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)CoventryUK
    2012721131,491
    2011613116,391
    % change17.6%13.0%
    Record Year 2012 (721) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Coventry when compared to any previous February.

    January 2012 saw a new record in company registrations in Coventry when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012228227266
    New companies in 2011172197244
    % change32.6%15.2%9.0%
    Record Year2012 (228)2012 (227)2007 (321)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 341 companies were dissolved in Coventry during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 34.8% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)CoventryUK
    201234167,576
    201152390,987
    % change-34.8%-25.7%
    Record Year 2011 (523) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012111129101
    Closed companies in 2011208152163
    % change-46.6%-15.1%-38%
    Record Year2011 (208)2011 (152)2009 (294)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Net company growth for Coventry during the first quarter of 2012 (Jan 2012 - Mar 2012) was 380 companies.

    first quarter (Jan 2012 - Mar 2012)CoventryUK
    201238063,915
    20119025,404
    Record Year 2007 (418) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    January 2012 saw a new record in net growth in Coventry when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201211798165
    Net growth in 2011-364581
    Record Year2012 (117)2007 (114)2007 (236)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Coventry formed 0.5% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Coventry
    20120.5%
    20110.5%
    20100.6%
    20090.6%
    20080.5%
    Record Year (since 1960) 1967 (0.9%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.6%0.5%0.6%
    UK formation share in 20110.5%0.5%0.5%
    % change13.7%-1.4%2.0%
    Record Year1965 (1.3%)1969 (1.5%)1967 (1.5%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 42.4.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Coventry was in 1861 when 40.0% of all directors were female.

    24.0% of all director appointments in Coventry in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.72%CONSULTING5.07%
    CONSULTANCY1.49%MANAGEMENT4.74%
    COVENTRY1.47%CONSULTANCY3.30%
    MANAGEMENT1.36%PROPERTY2.37%
    TRADING0.89%TRADING2.07%
    SECURITY0.75%DESIGN1.93%
    ENGINEERING0.72%ENGINEERING1.86%
    SYSTEMS0.69%ASSOCIATES1.84%
    ASSOCIATES0.69%CONSULTANTS1.79%
    TRANSPORT0.61%BUSINESS1.73%
    GLOBAL0.61%MEDIA1.72%
    PROPERTY0.58%CONSTRUCTION1.72%
    BUSINESS0.58%LONDON1.66%
    S0.55%J1.54%
    COMMUNITY0.55%INVESTMENTS1.51%
    IT0.53%GLOBAL1.50%
    DESIGN0.53%IT1.40%
    MEDIA0.50%CARE1.34%
    CONSTRUCTION0.44%PROPERTIES1.31%
    CENTRE0.44%ELECTRICAL1.27%
    R0.42%M1.27%
    M0.42%BUILDING1.24%
    BUILDING0.42%ENERGY1.20%
    (COVENTRY)0.42%S1.20%
    TRAINING0.39%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,318216,665
    7487 - Other business activities25352,735
    62020 - Information technology consultancy activities17914,303
    82990 - Other business support service activities not elsewhere classified14835,233
    70229 - Management consultancy activities other than financial management12719,704
    99999 - Dormant Company12225,084
    7260 - Other computer related activities827,154
    9999 - Dormant Company8118,617
    96090 - Other service activities not elsewhere classified7513,637
    7414 - Business & management consultancy7212,113
    62090 - Other information technology service activities678,145
    74909 - Other professional, scientific and technical activities not elsewhere classified559,892
    7222 - Other software consultancy and supply546,934
    9305 - Other service activities468,818
    47190 - Other retail sale in non-specialised stores391,861
    74990 - Non-trading company369,729
    62012 - Business and domestic software development354,356
    69201 - Accounting and auditing activities294,132
    4521 - General construction & civil engineering275,169
    7499 - Non-trading company269,102

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07895948 GENA-DESIGN LTD 03 Jan 2012
    07895961 KOI-TECH LTD 03 Jan 2012
    07895969 GORDONPROFON LTD 03 Jan 2012
    07896404 MANGO SEED LIMITED 04 Jan 2012
    07896683 HORIZON PHOENIX LIMITED 04 Jan 2012
    07897414 RI INNOVATIONS LIMITED 04 Jan 2012
    07899379 GPL PROPERTIES NO.14 LTD 05 Jan 2012
    07900379 DQS CONSULTANCY LTD 06 Jan 2012
    07900986 MEDISURE HEALTHCARE LIMITED 09 Jan 2012
    07901687 CHANGING CULTURES LTD 09 Jan 2012
    07903558 WISE MEASURES LTD 10 Jan 2012
    07903784 VINITY SOFTWARE LTD 10 Jan 2012
    07903940 NINAS STORE LIMITED 10 Jan 2012
    07904367 SYNCRONIZED LTD 10 Jan 2012
    07905720 PAPERCHASE SOLUTIONS LTD 11 Jan 2012
    07906574 BESPOKE RENEWABLES LTD 11 Jan 2012
    07911629 PENNELLS CLEANING SERVICES LIMITED 16 Jan 2012
    07914324 3C PLUS MANAGEMENT LTD. 18 Jan 2012
    07924705 BARNWELL ASSET MANAGEMENT LIMITED 26 Jan 2012
    07928818 GWM TRADING LTD 30 Jan 2012
    07899884 ZAK & PAK LTD 06 Jan 2012
    07902986 COVENTRY MOT CENTRE LTD 09 Jan 2012
    07903768 RAXA IMPEX LTD 10 Jan 2012
    07905496 ELIVI LIMITED 11 Jan 2012
    07911562 PROMOTIONAL PRODUCTS INDUSTRY SERVICES AND SOLUTIONS LIMITED 16 Jan 2012