Coventry, West Midlands
Q3 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
- Q3 2013 saw a new record in company registrations in Coventry when compared to any previous Q3.
- August 2013 saw a new record in company registrations in Coventry when compared to any previous August.
- July 2013 saw a new record in company registrations in Coventry when compared to any previous July.
- July 2013 saw a new record in company closures in Coventry when compared to any previous July.
- August 2013 saw a new record in net growth in Coventry when compared to any previous August.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Coventry when compared to any previous Q3.
A total of 789 companies were registered in Coventry during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 20.5% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Coventry UK 2013 789 132,684 2012 655 118,868 % change 20.5% 11.6% Record Year 2013 (789) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
August 2013 saw a new record in company registrations in Coventry when compared to any previous August.
July 2013 saw a new record in company registrations in Coventry when compared to any previous July.
New Companies by Month
July August September New companies in 2013 284 231 274 New companies in 2012 202 171 282 % change 40.6% 35.1% -2.8% Record Year 2013 (284) 2013 (231) 2012 (282)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 535 companies were dissolved in Coventry during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 22.7% versus the same period last year (Q3 2012). This figure compares poorly to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Coventry UK 2013 535 86,170 2012 436 75,908 % change 22.7% 13.5% Record Year 2009 (558) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
July 2013 saw a new record in company closures in Coventry when compared to any previous July.
Dissolved Companies by Month
July August September Closed companies in 2013 208 148 179 Closed companies in 2012 153 147 136 % change 35.9% 0.7% 32% Record Year 2013 (208) 2008 (224) 2009 (280)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Coventry during the third quarter of 2013 (Jul 2013 - Sep 2013) was 254 companies.
third quarter (Jul 2013 - Sep 2013) Coventry UK 2013 254 46,514 2012 219 42,960 Record Year 2011 (301) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
August 2013 saw a new record in net growth in Coventry when compared to any previous August.
Net Growth by Month
July August September Net growth in 2013 76 83 95 Net growth in 2012 49 24 146 Record Year 2008 (179) 2013 (83) 2012 (146)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Coventry formed 0.6% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Coventry 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% 2009 0.6% Record Year (since 1960) 2013 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.6% 0.6% 0.6% UK formation share in 2012 0.5% 0.4% 0.7% % change 25.8% 23.9% -14.8% Record Year 2008 (0.7%) 2010 (0.6%) 1986 (1.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 41.3.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Coventry was in 2012 when 32.4% of all directors were female.
25.2% of all director appointments in Coventry in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 3.57% CONSULTING 5.27% CONSULTING 1.65% MANAGEMENT 4.75% INVESTMENT 1.55% CONSULTANCY 3.45% COVENTRY 1.43% PROPERTY 2.53% CONSULTANCY 1.41% TRADING 2.08% ENGINEERING 0.97% ENGINEERING 1.83% ASSOCIATES 0.75% LONDON 1.79% M 0.73% DESIGN 1.78% PROPERTY 0.73% BUSINESS 1.74% GLOBAL 0.73% CONSTRUCTION 1.70% CONSULTANTS 0.63% CONSULTANTS 1.69% DESIGN 0.61% CARE 1.64% CARE 0.61% ASSOCIATES 1.61% S 0.58% GLOBAL 1.59% ENTERPRISES 0.58% J 1.54% BUSINESS 0.58% MEDIA 1.54% PROPERTIES 0.56% INVESTMENTS 1.53% IT 0.53% PROPERTIES 1.45% MEDIA 0.51% IT 1.39% MARKETING 0.51% M 1.25% TRANSPORT 0.49% ELECTRICAL 1.20% BUILDING 0.49% BUILDING 1.19% TECHNOLOGY 0.49% CAPITAL 1.19% SECURITY 0.49% DEVELOPMENTS 1.16% MAINTENANCE 0.46% TRAINING 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 1,541 260,135 62020 - Information technology consultancy activities 255 26,675 99999 - Dormant Company 253 46,169 82990 - Other business support service activities not elsewhere classified 242 54,854 70229 - Management consultancy activities other than financial management 200 34,970 96090 - Other service activities not elsewhere classified 131 25,547 62090 - Other information technology service activities 121 12,516 74909 - Other professional, scientific and technical activities not elsewhere classified 115 17,715 47190 - Other retail sale in non-specialised stores 89 3,449 49410 - Freight transport by road 81 6,904 47910 - Retail sale via mail order houses or via Internet 67 8,475 62012 - Business and domestic software development 65 9,104 86220 - Specialists medical practice activities 53 3,439 74990 - Non-trading company 50 14,228 86900 - Other human health activities 49 9,203 45112 - Sale of used cars and light motor vehicles 46 2,964 68209 - Other letting and operating of own or leased real estate 39 8,312 45200 - Maintenance and repair of motor vehicles 38 4,955 56302 - Public houses and bars 36 5,437 41100 - Development of building projects 34 9,271
Recent Companies
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Randomly selected companies from this quarter
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