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
    08384388 CEDRO SYSTEMS LIMITED 01 Feb 2013
    08386890 PINO ALBAR LTD 04 Feb 2013
    08392429 CB INVESTMENT MANAGEMENT LTD 07 Feb 2013
    08392925 SR INVESTMENT MANAGEMENT LTD 07 Feb 2013
    08393138 IW INVESTMENT MANAGEMENT LTD 07 Feb 2013
    08397046 CO&SE LTD 11 Feb 2013
    08398537 CU IN LONDON LIMITED 12 Feb 2013
    08399129 VA-TA-GB LTD 12 Feb 2013
    08400918 TRIBEWEB LTD 13 Feb 2013
    08401702 VITASAVE LTD 13 Feb 2013
    08402033 SPORTS 4 ALL ACADEMY LIMITED 14 Feb 2013
    08404172 STUANT LIMITED 14 Feb 2013
    08405070 FLEETHAM INVESTMENT MANAGEMENT LTD 15 Feb 2013
    08405472 KUSTODIAN LTD 15 Feb 2013
    08406563 KBOSERVICES LIMITED 18 Feb 2013
    08407403 GPR-GB LTD 18 Feb 2013
    08409054 GUERNSEY FORUM LIMITED 19 Feb 2013
    08411032 WIKI DESIRES LIMITED 20 Feb 2013
    08413369 SOUTHMEADOWS (UK) LTD 21 Feb 2013
    08413980 LAVINA CLARKE LTD 21 Feb 2013
    08415727 MJB ELECTRICAL (WEST MIDLANDS) LTD 22 Feb 2013
    08421392 BEYOND SELF LTD 27 Feb 2013
    08421989 MIRAN COMMUNICATION LIMITED 27 Feb 2013
    08422015 THE DIOCESE OF COVENTRY MULTI-ACADEMY TRUST 27 Feb 2013
    08422750 KEEN GLOBAL UK LTD 27 Feb 2013