Coventry, West Midlands

Q3 2012 Business Confidence Report

Headlines

  • September 2012 saw a new record in company registrations in Coventry when compared to any previous September.
  • September 2012 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 2012)

    A total of 655 companies were registered in Coventry during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 0.6% versus the same period last year (Q3 2011). This figure compares equally to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)CoventryUK
    2012655118,868
    2011659114,512
    % change-0.6%3.8%
    Record Year 2011 (659) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012202171282
    New companies in 2011225210224
    % change-10.2%-18.6%25.9%
    Record Year2011 (225)2011 (210)2012 (282)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 420 companies were dissolved in Coventry during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 17.3% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)CoventryUK
    201242074,772
    201135872,230
    % change17.3%3.5%
    Record Year 2009 (558) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012153147120
    Closed companies in 2011113144101
    % change35.4%2.1%19%
    Record Year2010 (177)2008 (224)2009 (280)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Coventry during the third quarter of 2012 (Jul 2012 - Sep 2012) was 235 companies.

    third quarter (Jul 2012 - Sep 2012)CoventryUK
    201223544,096
    201130142,282
    Record Year 2011 (301) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20124924162
    Net growth in 201111266123
    Record Year2008 (179)2007 (70)2012 (162)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

    In the third quarter of 2012, Coventry formed 0.6% of all UK companies.

    third quarter (Jul 2012 - Sep 2012)Coventry
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    Record Year (since 1960) 1960 (0.7%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.5%0.4%0.7%
    UK formation share in 20110.6%0.5%0.6%
    % change-19.4%-17.9%24.5%
    Record Year1970 (0.8%)1964 (1.0%)1986 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 39.5.

    The percentage of directors under the age of 25 was 8.0% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 1.8% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    25.1% of all director appointments in Coventry in the third quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING2.03%CONSULTING5.05%
    MANAGEMENT1.51%MANAGEMENT4.75%
    CONSULTANCY1.37%CONSULTANCY3.28%
    COVENTRY1.01%PROPERTY2.35%
    ENGINEERING0.96%TRADING2.08%
    TRADING0.96%DESIGN1.87%
    PROPERTY0.85%ASSOCIATES1.84%
    GLOBAL0.74%ENGINEERING1.83%
    BUSINESS0.68%CONSULTANTS1.76%
    ENTERPRISES0.68%BUSINESS1.72%
    ASSOCIATES0.63%CONSTRUCTION1.70%
    SYSTEMS0.63%MEDIA1.67%
    SECURITY0.60%LONDON1.67%
    DESIGN0.60%J1.55%
    IT0.55%GLOBAL1.53%
    S0.52%INVESTMENTS1.46%
    CONSULTANTS0.52%IT1.43%
    R0.49%PROPERTIES1.34%
    (COVENTRY)0.49%CARE1.32%
    TRANSPORT0.47%M1.27%
    M0.47%BUILDING1.22%
    CENTRE0.47%ENTERPRISES1.20%
    GREEN0.47%ELECTRICAL1.20%
    CARE0.44%S1.17%
    J0.44%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,970331,455
    62020 - Information technology consultancy activities17514,774
    7487 - Other business activities17035,545
    82990 - Other business support service activities not elsewhere classified14333,677
    70229 - Management consultancy activities other than financial management12119,425
    99999 - Dormant Company11825,035
    96090 - Other service activities not elsewhere classified7313,716
    62090 - Other information technology service activities697,869
    9999 - Dormant Company5912,598
    74909 - Other professional, scientific and technical activities not elsewhere classified589,891
    7260 - Other computer related activities564,979
    7414 - Business & management consultancy458,437
    47190 - Other retail sale in non-specialised stores431,855
    7222 - Other software consultancy and supply384,997
    62012 - Business and domestic software development354,584
    74990 - Non-trading company319,203
    86220 - Specialists medical practice activities311,955
    86210 - General medical practice activities292,544
    47910 - Retail sale via mail order houses or via Internet293,712
    69201 - Accounting and auditing activities274,119

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08166482 TOMLIN CONSULTANCY LIMITED 02 Aug 2012
    08171195 HUNTER COMPUTERS LTD 07 Aug 2012
    08173509 GODIVA TRAINING LIMITED 09 Aug 2012
    08175984 RM MORTGAGE SOLUTIONS LIMITED 10 Aug 2012
    08176894 SALADMASTER HEALTY COOKWARE LTD 13 Aug 2012
    08177717 MERRY DAYS LIMITED 13 Aug 2012
    08179184 RAMTEST SOLUTIONS LIMITED 14 Aug 2012
    08180025 NEW CURRENT TRADING LTD 15 Aug 2012
    08181033 SEVERN TRENT PROPERTY SOLUTIONS LIMITED 15 Aug 2012
    08181048 SEVERN TRENT DATA PORTAL LIMITED 15 Aug 2012
    08183830 D5 MANAGEMENT LIMITED 17 Aug 2012
    08189980 THE CENTRE FOR STRATEGIC RESEARCH AND ANALYSIS CIC 23 Aug 2012
    08190323 SAS ENGINEERING (GB) LIMITED 24 Aug 2012
    08191513 ECOTEX LABS LIMITED 24 Aug 2012
    08193555 CONSULTZ LTD 29 Aug 2012
    08195131 WASHWAY DEVELOPMENTS LIMITED 29 Aug 2012
    08196023 WESTKOM LTD 30 Aug 2012
    08196584 MOUNTAIN ROADS LTD 30 Aug 2012
    08197526 INSOFTIA LTD 31 Aug 2012
    08170603 MBAH LIMITED 07 Aug 2012
    08180205 ROC REND LTD 15 Aug 2012
    08196843 OLAK DESTINY PROVIDER LIMITED 31 Aug 2012
    08173188 XUUNIX CONSULTING LTD 09 Aug 2012
    08180144 ENTREPREYOU LTD 15 Aug 2012
    08195757 MILLENNIUM PK LIMITED 30 Aug 2012