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
New Company Registrations
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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) Coventry UK 2013 854 134,802 2012 721 131,491 % change 18.4% 2.5% Record Year 2013 (854) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2013 267 267 320 New companies in 2012 228 227 266 % change 17.1% 17.6% 20.3% Record Year 2013 (267) 2013 (267) 2007 (321)
Closed Companies (dissolved)
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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) Coventry UK 2013 516 77,914 2012 341 67,576 % change 51.3% 15.3% Record Year 2011 (522) 2009 (108,066) Dissolved Companies by Quarter
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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
January February March Closed companies in 2013 218 148 150 Closed companies in 2012 111 129 101 % change 96.4% 14.7% 49% Record Year 2013 (218) 2011 (152) 2009 (294)
Net Company Growth
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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) Coventry UK 2013 338 56,888 2012 380 63,915 Record Year 2007 (418) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2013 49 119 170 Net growth in 2012 117 98 165 Record Year 2012 (117) 2013 (119) 2007 (236)
UK Company Share
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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 2013 0.6% 2012 0.5% 2011 0.5% 2010 0.6% 2009 0.6% Record Year (since 1960) 2010 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.6% 0.6% 0.7% UK formation share in 2012 0.6% 0.5% 0.6% % change 5.0% 16.7% 24.4% Record Year 2009 (0.6%) 2010 (0.6%) 2010 (0.7%)
Director Age
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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
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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
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.90% CONSULTING 5.18% CONSULTING 1.95% MANAGEMENT 4.78% COVENTRY 1.28% CONSULTANCY 3.30% CONSULTANCY 1.26% PROPERTY 2.44% INVESTMENT 1.23% TRADING 2.06% ENGINEERING 1.13% DESIGN 1.79% ASSOCIATES 0.85% ENGINEERING 1.78% PROPERTY 0.80% BUSINESS 1.77% TRADING 0.77% ASSOCIATES 1.75% GLOBAL 0.74% LONDON 1.72% ENTERPRISES 0.74% CONSULTANTS 1.71% M 0.69% CONSTRUCTION 1.69% BUSINESS 0.67% MEDIA 1.63% DESIGN 0.64% GLOBAL 1.57% CONSULTANTS 0.62% J 1.56% CARE 0.56% CARE 1.46% S 0.56% IT 1.43% EL4DEV 0.56% INVESTMENTS 1.41% GREEN 0.54% PROPERTIES 1.36% IT 0.54% M 1.25% (COVENTRY) 0.51% BUILDING 1.21% PROPERTIES 0.51% ENTERPRISES 1.19% MAINTENANCE 0.51% ELECTRICAL 1.18% BUILDING 0.51% TRAINING 1.17% MEDIA 0.49% SECURITY 1.15%
SIC Data
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Previous 36 months, excluding companies less than 12 months old
sic code number of companies uk companies None Supplied 1,463 249,183 62020 - Information technology consultancy activities 256 24,894 99999 - Dormant Company 231 43,384 82990 - Other business support service activities not elsewhere classified 227 54,531 70229 - Management consultancy activities other than financial management 196 32,624 96090 - Other service activities not elsewhere classified 128 23,532 62090 - Other information technology service activities 120 12,664 74909 - Other professional, scientific and technical activities not elsewhere classified 101 16,448 47190 - Other retail sale in non-specialised stores 85 3,226 49410 - Freight transport by road 74 5,834 86220 - Specialists medical practice activities 54 3,249 47910 - Retail sale via mail order houses or via Internet 53 7,199 62012 - Business and domestic software development 51 8,099 86900 - Other human health activities 47 8,465 74990 - Non-trading company 44 14,129 45112 - Sale of used cars and light motor vehicles 38 2,653 56302 - Public houses and bars 36 4,952 69201 - Accounting and auditing activities 34 6,591 45200 - Maintenance and repair of motor vehicles 34 4,684 41100 - Development of building projects 32 8,637
Recent Companies
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Randomly selected companies from this quarter
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