Coventry, West Midlands
2013 Annual 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
- 2013 was a record year for company registrations in Coventry when compared to any year in history.
- The second half of 2013 saw a new record in company registrations in Coventry when compared to any previous second half year.
- Q4 2013 saw a new record in company registrations in Coventry when compared to any previous Q4.
- December 2013 saw a new record in company registrations in Coventry when compared to any previous December.
- November 2013 saw a new record in company registrations in Coventry when compared to any previous November.
- The second half of 2013 saw a new record in company closures in Coventry when compared to any previous second half year.
- October 2013 saw a new record in company closures in Coventry when compared to any previous October.
- November 2013 saw a new record in net growth in Coventry when compared to any previous November.
Contents
New Company Registrations
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Annual Data (2013)
2013 was a record year for company registrations in Coventry when compared to any year in history.
A total of 3,197 companies were formed in Coventry in 2013. This total is 11.6% higher than in 2012 and compares equally to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Coventry UK 2013 3,197 529,363 2012 2,864 491,893 2011 2,599 452,870 2010 2,351 400,358 2009 2,129 362,675 Record Year 2013 (3,197) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Coventry when compared to any previous second half year.
In the second half of 2013 a total of 1,560 companies were formed in Coventry. This figure is 10.3% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Coventry occurred in 2013 when a total of 1,560 were formed.
Half Year (Jul-Dec) Coventry UK 2013 1,560 259,931 2012 1,414 238,743 % change 10.3% 8.9% Record Year 2013 (1,560) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Q4 2013 saw a new record in company registrations in Coventry when compared to any previous Q4.
A total of 771 companies were registered in Coventry during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 1.6% versus the same period last year (Q4 2012). This figure compares badly to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Coventry UK 2013 771 127,247 2012 759 119,875 % change 1.6% 6.1% Record Year 2013 (771) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Coventry when compared to any previous December.
November 2013 saw a new record in company registrations in Coventry when compared to any previous November.
New Companies by Month
October November December New companies in 2013 293 265 213 New companies in 2012 299 253 207 % change -2.0% 4.7% 2.9% Record Year 2012 (299) 2013 (265) 2013 (213)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 2,039 companies were dissolved in Coventry in 2013. This total is 25.3% higher than in 2012 and compares favourably to the UK figure of 13.1% growth compared to the previous year.
Year Coventry UK 2013 2,039 332,213 2012 1,627 293,729 2011 1,820 314,524 2010 1,815 342,233 2009 2,188 533,789 Record Year 2009 (2,188) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company closures in Coventry when compared to any previous second half year.
In the second half of 2013 a total of 1,016 companies were dissolved in Coventry. This figure is 22.4% higher than last year, which compares badly to the UK wide change of 21.3%.
The highest total for a second half year in Coventry occurred in 2013 when a total of 1,016 were closed.
Half Year (Jul-Dec) Coventry UK 2013 1,016 177,021 2012 830 145,935 % change 22.4% 21.3% Record Year 2013 (1,016) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 481 companies were dissolved in Coventry during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 22.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Coventry UK 2013 481 90,851 2012 394 70,027 % change 22.1% 29.7% Record Year 2011 (509) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
October 2013 saw a new record in company closures in Coventry when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2013 175 141 165 Closed companies in 2012 156 154 84 % change 12.2% -8.4% 96% Record Year 2013 (175) 2011 (182) 2011 (221)
Net Company Growth
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Annual Data (2013)
A total of 1,158 companies were added to the company register for Coventry in 2013. This number represents growth of 36.2% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 79 companies lower 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 1,237 companies.
Year Coventry UK 2013 1,158 197,150 2012 1,237 198,164 2011 779 138,346 2010 536 58,125 2009 -59 -171,114 Record Year 2012 (1,237) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Coventry increased by 544 companies.
Half Year (Jul-Dec) Coventry UK 2013 544 82,910 2012 584 92,808 Record Year 2012 (584) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Coventry during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 290 companies.
fourth quarter (Oct 2013 - Dec 2013) Coventry UK 2013 290 36,396 2012 365 49,848 Record Year 2012 (365) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
November 2013 saw a new record in net growth in Coventry when compared to any previous November.
Net Growth by Month
October November December Net growth in 2013 118 124 48 Net growth in 2012 143 99 123 Record Year 2008 (148) 2013 (124) 2012 (123)
UK Company Share
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Annual Data (2013)
In 2013 Coventry formed 0.6% of all UK companies. This is no change on 2012 when Coventry was responsible for 0.6% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Coventry formed 0.6% of all UK companies. This is the same as the 2012 figure of 0.6%.
Half Year (Jul-Dec) Coventry 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% 2009 0.6% Record Year (since 1960) 2008 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Coventry formed 0.6% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Coventry 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% 2009 0.6% Record Year (since 1960) 2008 (0.7%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.6% 0.6% 0.6% UK formation share in 2012 0.6% 0.6% 0.7% % change -8.9% 2.9% -6.4% Record Year 2012 (0.6%) 2008 (0.7%) 2012 (0.7%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 42.4.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 5.7% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 41.7.
The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 42.0.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Coventry was 1974 when 50.0% of all directors were female.
The percentage of female directors in Coventry in 2013 was 26.3%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Coventry was 2012 when 29.1% of all directors were female.
25.8% of all director appointments in Coventry in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Coventry was in 2007 when 27.9% of all directors were female.
26.3% of all director appointments in Coventry in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 3.52% CONSULTING 5.22% CONSULTING 1.72% MANAGEMENT 4.72% INVESTMENT 1.60% CONSULTANCY 3.45% CONSULTANCY 1.44% PROPERTY 2.59% COVENTRY 1.15% TRADING 2.08% PROPERTY 0.89% ENGINEERING 1.87% ENGINEERING 0.86% LONDON 1.86% CARE 0.72% DESIGN 1.76% GLOBAL 0.67% CONSTRUCTION 1.73% CONSULTANTS 0.67% CARE 1.73% DESIGN 0.62% BUSINESS 1.71% M 0.62% CONSULTANTS 1.68% ASSOCIATES 0.57% GLOBAL 1.58% PROPERTIES 0.55% INVESTMENTS 1.56% ENTERPRISES 0.55% PROPERTIES 1.54% TRANSPORT 0.53% ASSOCIATES 1.53% D 0.53% J 1.51% IT 0.50% MEDIA 1.50% SECURITY 0.50% IT 1.35% BUSINESS 0.50% DEVELOPMENTS 1.23% TECHNOLOGY 0.48% M 1.23% MARKETING 0.48% BUILDING 1.21% MAINTENANCE 0.48% ELECTRICAL 1.20% MEDIA 0.45% CAPITAL 1.19% S 0.45% ENERGY 1.14%
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 1,587 266,814 99999 - Dormant Company 267 46,762 62020 - Information technology consultancy activities 266 27,183 82990 - Other business support service activities not elsewhere classified 246 55,342 70229 - Management consultancy activities other than financial management 229 36,164 96090 - Other service activities not elsewhere classified 126 26,001 62090 - Other information technology service activities 117 12,511 74909 - Other professional, scientific and technical activities not elsewhere classified 105 18,034 47190 - Other retail sale in non-specialised stores 96 3,473 49410 - Freight transport by road 87 7,333 47910 - Retail sale via mail order houses or via Internet 69 8,879 62012 - Business and domestic software development 66 9,360 86220 - Specialists medical practice activities 65 3,561 86900 - Other human health activities 55 9,543 74990 - Non-trading company 52 14,223 45112 - Sale of used cars and light motor vehicles 47 3,044 68209 - Other letting and operating of own or leased real estate 47 8,733 41100 - Development of building projects 42 9,485 56302 - Public houses and bars 40 5,503 45200 - Maintenance and repair of motor vehicles 35 4,987
Recent Companies
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Randomly selected companies from this quarter
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