Coventry, West Midlands

2012 Annual Business Confidence Report

Headlines

  • 2012 was a record year for company registrations in Coventry when compared to any year in history.
  • The second half of 2012 saw a new record in company registrations in Coventry when compared to any previous second half year.
  • Q4 2012 saw a new record in company registrations in Coventry when compared to any previous Q4.
  • Q4 2012 was a record quarter for company registrations in Coventry when compared to any quarter in history.
  • December 2012 saw a new record in company registrations in Coventry when compared to any previous December.
  • November 2012 saw a new record in company registrations in Coventry when compared to any previous November.
  • October 2012 saw a new record in company registrations in Coventry when compared to any previous October.
  • October 2012 saw a new record in company closures in Coventry when compared to any previous October.
  • 2012 was a record year for net growth in Coventry when compared to any year in history.
  • The second half of 2012 saw a new record in net growth in Coventry when compared to any previous second half year.
  • Q4 2012 saw a new record in net growth in Coventry when compared to any previous Q4.
  • December 2012 saw a new record in net growth 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 (2012)

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

    A total of 2,865 companies were formed in Coventry in 2012. This total is 10.2% higher than in 2011 and compares equally to the UK figure of a 8.6% growth compared to 452,870 the previous year.

    YearCoventryUK
    20122,865491,893
    20112,599452,870
    20102,351400,358
    20092,129362,675
    20082,055349,203
    Record Year2012 (2,865)2012 (491,893)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in company registrations in Coventry when compared to any previous second half year.

    In the second half of 2012 a total of 1,415 companies were formed in Coventry. This figure is 8.4% higher than last year, which compares well to the UK wide figure of 6.5%.

    The highest total for a second half year in Coventry occurred in 2012 when a total of 1,415 were formed.

    Half Year (Jul-Dec)CoventryUK
    20121,415238,743
    20111,305224,135
    % change8.4%6.5%
    Record Year2012 (1,415)2012 (238,743)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in company registrations in Coventry when compared to any previous Q4.

    Q4 2012 was a record quarter for company registrations in Coventry when compared to any quarter in history.

    A total of 760 companies were registered in Coventry during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is an increase of 17.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw an increase of 9.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)CoventryUK
    2012760119,875
    2011646109,623
    % change17.6%9.4%
    Record Year 2012 (760) 2012 (119,875)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

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

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

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2012299253208
    New companies in 2011231221194
    % change29.4%14.5%7.2%
    Record Year2012 (299)2012 (253)2012 (208)

Closed Companies (dissolved)

  1. Annual Data (2012)

    A total of 1,627 companies were dissolved in Coventry in 2012. This total is 10.6% lower than in 2011 and compares unfavourably to the UK figure of 6.6% decrease compared to the previous year.

    YearCoventryUK
    20121,627293,728
    20111,820314,524
    20101,815342,233
    20092,188533,787
    2008921237,873
    Record Year2009 (2,188)2009 (533,787)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 a total of 830 companies were dissolved in Coventry. This figure is 4.3% lower than last year, which compares well to the UK wide change of -4.1%.

    The highest total for a second half year in Coventry occurred in 2009 when a total of 991 were closed.

    Half Year (Jul-Dec)CoventryUK
    2012830145,934
    2011867152,213
    % change-4.3%-4.1%
    Record Year2009 (991)2009 (244,543)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    A total of 394 companies were dissolved in Coventry during the fourth quarter of 2012 (Oct 2012 - Dec 2012).

    This figure is a decrease of 22.6% versus the same period last year (Q4 2011). This figure compares well to the UK as a whole, which saw a decrease of 12.4% against the same period last year.

    fourth quarter (Oct 2012 - Dec 2012)CoventryUK
    201239470,026
    201150979,983
    % change-22.6%-12.4%
    Record Year 2011 (509) 2009 (85,139)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    October 2012 saw a new record in company closures in Coventry when compared to any previous October.

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 201215615484
    Closed companies in 2011106182221
    % change47.2%-15.4%-62%
    Record Year2012 (156)2011 (182)2011 (221)

Net Company Growth

  1. Annual Data (2012)

    2012 was a record year for net growth in Coventry when compared to any year in history.

    A total of 1,238 companies were added to the company register for Coventry in 2012. This number represents growth of 47.6% in the total number of active companies, which compares favourably to the UK figure of 43.8%.

    This number is 459 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2012 when the Coventry company register grew by 1,238 companies.

    YearCoventryUK
    20121,238198,165
    2011779138,346
    201053658,125
    2009-59-171,112
    20081,134111,330
    Record Year2012 (1,238)2003 (242,541)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2012)

    The second half of 2012 saw a new record in net growth in Coventry when compared to any previous second half year.

    In the second half of 2012 the company register for Coventry increased by 585 companies.

    Half Year (Jul-Dec)CoventryUK
    201258592,809
    201143871,922
    Record Year2012 (585)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    Q4 2012 saw a new record in net growth in Coventry when compared to any previous Q4.

    Net company growth for Coventry during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 366 companies.

    fourth quarter (Oct 2012 - Dec 2012)CoventryUK
    201236649,849
    201113729,640
    Record Year 2012 (366) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

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

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 201214399124
    Net growth in 201112539-27
    Record Year2008 (148)2008 (114)2012 (124)

UK Company Share

  1. Annual Data (2012)

    In 2012 Coventry formed 0.6% of all UK companies. This is no change on 2011 when Coventry was responsible for 0.6% of all UK companies.

    YearCoventry
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    Record Year (since 1960)1966 (0.8%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2012)

    In the second half of 2012 Coventry formed 0.6% of all UK companies. This is the same as the 2011 figure of 0.6%.

    Half Year (Jul-Dec)Coventry
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    20080.6%
    Record Year (since 1960) 1966 (0.7%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

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

    fourth quarter (Oct 2012 - Dec 2012)Coventry
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    20080.7%
    Record Year (since 1960) 1966 (1.0%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2012)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20120.6%0.6%0.7%
    UK formation share in 20110.6%0.5%0.6%
    % change8.7%8.9%4.4%
    Record Year1965 (1.0%)1969 (1.1%)1966 (2.1%)

Director Age

  1. Annual Data (2012)

    The average age of a director in 2012 was 41.4.

    The percentage of directors under the age of 25 was 4.9% compared to the UK figure of 3.8%.

    The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.1%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2012)

    The average age of a director in the second half of 2012 was 40.5.

    The percentage of directors under the age of 25 was 5.6% compared to the UK figure of 4.3%.

    The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 4.0%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The average age of a director in the fourth quarter of 2012 was 41.0.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 4.4%.

    The percentage of directors over the age of 65 was 3.1% compared to the UK figure of 3.9%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2012)

    The record year for female directors in Coventry was 1860 when 35.7% of all directors were female.

    The percentage of female directors in Coventry in 2012 was 27.8%. The average for the UK during this time was 29.9%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2012)

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

    23.4% of all director appointments in Coventry in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2012)

    The record fourth quarter for female directors in Coventry was in 1977 when 31.2% of all directors were female.

    21.0% of all director appointments in Coventry in the fourth quarter of 2012 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 2011-Dec 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.88%CONSULTING5.15%
    MANAGEMENT1.61%MANAGEMENT4.78%
    CONSULTANCY1.45%CONSULTANCY3.31%
    COVENTRY1.13%PROPERTY2.40%
    ENGINEERING1.07%TRADING2.03%
    TRADING1.02%DESIGN1.86%
    GLOBAL0.91%ASSOCIATES1.82%
    ASSOCIATES0.75%ENGINEERING1.79%
    ENTERPRISES0.73%BUSINESS1.76%
    PROPERTY0.70%CONSULTANTS1.75%
    DESIGN0.62%CONSTRUCTION1.69%
    BUSINESS0.62%LONDON1.69%
    IT0.59%MEDIA1.69%
    CONSULTANTS0.59%GLOBAL1.59%
    EL4DEV0.59%J1.57%
    GREEN0.59%INVESTMENTS1.46%
    (COVENTRY)0.54%IT1.43%
    SECURITY0.54%CARE1.39%
    TRANSPORT0.54%PROPERTIES1.34%
    BUILDING0.51%M1.26%
    S0.51%BUILDING1.23%
    M0.51%ENTERPRISES1.21%
    CARE0.48%TRAINING1.18%
    MEDIA0.46%ELECTRICAL1.17%
    SYSTEMS0.46%SECURITY1.17%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,424236,139
    62020 - Information technology consultancy activities25323,256
    99999 - Dormant Company21640,648
    82990 - Other business support service activities not elsewhere classified21452,427
    70229 - Management consultancy activities other than financial management18530,396
    96090 - Other service activities not elsewhere classified11122,058
    62090 - Other information technology service activities11012,291
    74909 - Other professional, scientific and technical activities not elsewhere classified9615,572
    47190 - Other retail sale in non-specialised stores732,997
    49410 - Freight transport by road645,165
    62012 - Business and domestic software development507,446
    86220 - Specialists medical practice activities482,896
    7487 - Other business activities4810,703
    74990 - Non-trading company4213,808
    86900 - Other human health activities407,866
    47910 - Retail sale via mail order houses or via Internet396,307
    69201 - Accounting and auditing activities366,177
    56302 - Public houses and bars344,543
    47990 - Other retail sale not in stores, stalls or markets334,829
    86210 - General medical practice activities333,960

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08315676 APPLIED SURFACE CONCEPTS HOLDINGS LIMITED 03 Dec 2012
    08316032 AIDEN TAVERNS LTD 03 Dec 2012
    08316197 THE QUADRANT BAR LTD 03 Dec 2012
    08316726 UK ASSET FUNDING SOLUTIONS LTD 03 Dec 2012
    08318242 JUST SOLUTIONS (GROUP) LTD 04 Dec 2012
    08318598 JUST SOLUTIONS (MIDLANDS) LTD 05 Dec 2012
    08321458 EVERYTHING CAR PARKS LTD 06 Dec 2012
    08321861 BV FABRICATIONS LIMITED 06 Dec 2012
    08326216 SINCEVERTI LTD 11 Dec 2012
    OC380954 WYNFORD DORE H L I LLP 12 Dec 2012
    08328706 ADT CONTRACTORS LIMITED 12 Dec 2012
    08329118 STUDENTROOMS4COVENTRY LTD 12 Dec 2012
    08329201 SANDWOOD MANAGEMENT LTD 12 Dec 2012
    08332331 ASKCOACHING LIMITED 14 Dec 2012
    08332785 EL4DEV ENTERTAINMENT LTD 17 Dec 2012
    08333546 COSMO INTERNET LTD 17 Dec 2012
    08334873 BANANAVARA LIMITED 18 Dec 2012
    08339776 ROTINAR LTD 21 Dec 2012
    08339801 FAIRDON SERVICES LTD 21 Dec 2012
    08340768 ESSENTIAL TRADING LTD 24 Dec 2012
    08342237 JAN TAMBA LIMITED 28 Dec 2012
    08342431 JAN-ANDERS TAMBA LIMITED 28 Dec 2012
    08343502 RENEWABLE ENERGY SUPPLY LTD 31 Dec 2012
    08325911 H&S BIZZPERTS LTD 11 Dec 2012
    08331809 CMC CIVIL ENGINEERING LIMITED 14 Dec 2012