Coventry, West Midlands

Q1 2013 Business Confidence Report

NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.

Headlines

  • Q1 2013 saw a new record in company registrations in Coventry when compared to any previous Q1.
  • Q1 2013 was a record quarter for company registrations in Coventry when compared to any quarter in history.
  • February 2013 saw a new record in company registrations in Coventry when compared to any previous February.
  • January 2013 saw a new record in company registrations in Coventry when compared to any previous January.
  • January 2013 saw a new record in company closures in Coventry when compared to any previous January.
  • February 2013 saw a new record in net growth in Coventry when compared to any previous February.

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 2013)

    Q1 2013 saw a new record in company registrations in Coventry when compared to any previous Q1.

    Q1 2013 was a record quarter for company registrations in Coventry when compared to any quarter in history.

    A total of 854 companies were registered in Coventry during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 18.4% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 2.5% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)CoventryUK
    2013854134,802
    2012721131,491
    % change18.4%2.5%
    Record Year 2013 (854) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    February 2013 saw a new record in company registrations in Coventry when compared to any previous February.

    January 2013 saw a new record in company registrations in Coventry when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013267267320
    New companies in 2012228227266
    % change17.1%17.6%20.3%
    Record Year2013 (267)2013 (267)2007 (321)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2013)

    A total of 516 companies were dissolved in Coventry during the first quarter of 2013 (Jan 2013 - Mar 2013).

    This figure is an increase of 51.3% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    first quarter (Jan 2013 - Mar 2013)CoventryUK
    201351677,914
    201234167,576
    % change51.3%15.3%
    Record Year 2011 (522) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    January 2013 saw a new record in company closures in Coventry when compared to any previous January.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013218148150
    Closed companies in 2012111129101
    % change96.4%14.7%49%
    Record Year2013 (218)2011 (152)2009 (294)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2013)

    Net company growth for Coventry during the first quarter of 2013 (Jan 2013 - Mar 2013) was 338 companies.

    first quarter (Jan 2013 - Mar 2013)CoventryUK
    201333856,888
    201238063,915
    Record Year 2007 (418) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    February 2013 saw a new record in net growth in Coventry when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 201349119170
    Net growth in 201211798165
    Record Year2012 (117)2013 (119)2007 (236)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2013)

    In the first quarter of 2013, Coventry formed 0.6% of all UK companies.

    first quarter (Jan 2013 - Mar 2013)Coventry
    20130.6%
    20120.5%
    20110.5%
    20100.6%
    20090.6%
    Record Year (since 1960) 2010 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.6%0.6%0.7%
    UK formation share in 20120.6%0.5%0.6%
    % change5.0%16.7%24.4%
    Record Year2009 (0.6%)2010 (0.6%)2010 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The average age of a director in the first quarter of 2013 was 46.7.

    The percentage of directors under the age of 25 was 5.5% compared to the UK figure of 5.8%.

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

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2013)

    The record first quarter for female directors in Coventry was in 2007 when 34.6% of all directors were female.

    27.6% of all director appointments in Coventry in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.90%CONSULTING5.18%
    CONSULTING1.95%MANAGEMENT4.78%
    COVENTRY1.28%CONSULTANCY3.30%
    CONSULTANCY1.26%PROPERTY2.44%
    INVESTMENT1.23%TRADING2.06%
    ENGINEERING1.13%DESIGN1.79%
    ASSOCIATES0.85%ENGINEERING1.78%
    PROPERTY0.80%BUSINESS1.77%
    TRADING0.77%ASSOCIATES1.75%
    GLOBAL0.74%LONDON1.72%
    ENTERPRISES0.74%CONSULTANTS1.71%
    M0.69%CONSTRUCTION1.69%
    BUSINESS0.67%MEDIA1.63%
    DESIGN0.64%GLOBAL1.57%
    CONSULTANTS0.62%J1.56%
    CARE0.56%CARE1.46%
    S0.56%IT1.43%
    EL4DEV0.56%INVESTMENTS1.41%
    GREEN0.54%PROPERTIES1.36%
    IT0.54%M1.25%
    (COVENTRY)0.51%BUILDING1.21%
    PROPERTIES0.51%ENTERPRISES1.19%
    MAINTENANCE0.51%ELECTRICAL1.18%
    BUILDING0.51%TRAINING1.17%
    MEDIA0.49%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,463249,183
    62020 - Information technology consultancy activities25624,894
    99999 - Dormant Company23143,384
    82990 - Other business support service activities not elsewhere classified22754,531
    70229 - Management consultancy activities other than financial management19632,624
    96090 - Other service activities not elsewhere classified12823,532
    62090 - Other information technology service activities12012,664
    74909 - Other professional, scientific and technical activities not elsewhere classified10116,448
    47190 - Other retail sale in non-specialised stores853,226
    49410 - Freight transport by road745,834
    86220 - Specialists medical practice activities543,249
    47910 - Retail sale via mail order houses or via Internet537,199
    62012 - Business and domestic software development518,099
    86900 - Other human health activities478,465
    74990 - Non-trading company4414,129
    45112 - Sale of used cars and light motor vehicles382,653
    56302 - Public houses and bars364,952
    69201 - Accounting and auditing activities346,591
    45200 - Maintenance and repair of motor vehicles344,684
    41100 - Development of building projects328,637

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08343863 STONE HORSE LIMITED 02 Jan 2013
    08343946 BIOROME MEDICARE LIMITED 02 Jan 2013
    08347483 KRP INVESTMENT MANAGEMENT LTD 04 Jan 2013
    08348665 WPM SALES LTD 07 Jan 2013
    08348814 AV & IT SOLUTIONS LIMITED 07 Jan 2013
    08349837 ES LOCUMS LIMITED 07 Jan 2013
    08353972 MOSEDALE PROPERTIES LIMITED 09 Jan 2013
    08356625 AP TWEE TEN LIMITED 11 Jan 2013
    08358076 RAPID2YOU LTD 14 Jan 2013
    08358282 APOLLO20 LTD 14 Jan 2013
    08362968 NOBLE TEC LTD 16 Jan 2013
    08364414 TROPICAL FARMS LIMITED 17 Jan 2013
    08364960 CONDER MANAGEMENT LIMITED 17 Jan 2013
    08367804 SPANEAST PTE LIMITED 21 Jan 2013
    08371193 MAYBACH PARTICIPATION LTD 23 Jan 2013
    08371311 IMPERILEX LIMITED 23 Jan 2013
    08371399 SONALE LTD 23 Jan 2013
    08372832 ECHO ENGLISH THAILAND (UK) LIMITED 24 Jan 2013
    08374729 CRONLY INVESTMENT MANAGEMENT LTD 24 Jan 2013
    08377517 IRON HIDE LIMITED 28 Jan 2013
    08377610 SILHOUETTE PRESS LTD 28 Jan 2013
    08379106 S POWELL FLOORING LIMITED 29 Jan 2013
    08379493 WUNDERWALD LTD 29 Jan 2013
    08381424 AVAWOOD LIMITED 30 Jan 2013
    08382878 CHANCELLOR CONSULTANTS LTD 31 Jan 2013