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

  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. 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.

    YearCoventryUK
    20133,197529,363
    20122,864491,893
    20112,599452,870
    20102,351400,358
    20092,129362,675
    Record Year2013 (3,197)2013 (529,363)
    New Companies by Year
  2. 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)CoventryUK
    20131,560259,931
    20121,414238,743
    % change10.3%8.9%
    Record Year2013 (1,560)2013 (259,931)
    New Companies by Half Year
  3. 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)CoventryUK
    2013771127,247
    2012759119,875
    % change1.6%6.1%
    Record Year 2013 (771) 2013 (127,247)
    New Companies by Quarter
  4. 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
    OctoberNovemberDecember
    New companies in 2013293265213
    New companies in 2012299253207
    % change-2.0%4.7%2.9%
    Record Year2012 (299)2013 (265)2013 (213)

Closed Companies (dissolved)

  1. 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.

    YearCoventryUK
    20132,039332,213
    20121,627293,729
    20111,820314,524
    20101,815342,233
    20092,188533,789
    Record Year2009 (2,188)2009 (533,789)
    Dissolved Companies by Year
  2. 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)CoventryUK
    20131,016177,021
    2012830145,935
    % change22.4%21.3%
    Record Year2013 (1,016)2009 (244,544)
    Dissolved Companies by Half Year
  3. 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)CoventryUK
    201348190,851
    201239470,027
    % change22.1%29.7%
    Record Year 2011 (509) 2013 (90,851)
    Dissolved Companies by Quarter
  4. 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
    OctoberNovemberDecember
    Closed companies in 2013175141165
    Closed companies in 201215615484
    % change12.2%-8.4%96%
    Record Year2013 (175)2011 (182)2011 (221)

Net Company Growth

  1. 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.

    YearCoventryUK
    20131,158197,150
    20121,237198,164
    2011779138,346
    201053658,125
    2009-59-171,114
    Record Year2012 (1,237)2007 (237,353)
    Net Growth by Year
  2. 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)CoventryUK
    201354482,910
    201258492,808
    Record Year2012 (584)2003 (117,772)
    Net Growth by Half Year
  3. 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)CoventryUK
    201329036,396
    201236549,848
    Record Year 2012 (365) 2012 (49,848)
    Net Growth by Quarter
  4. 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
    OctoberNovemberDecember
    Net growth in 201311812448
    Net growth in 201214399123
    Record Year2008 (148)2013 (124)2012 (123)

UK Company Share

  1. 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.

    YearCoventry
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    Record Year (since 1960)2013 (0.6%)
    Company Share by Year
  2. 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
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    Record Year (since 1960) 2008 (0.6%)
    Company Share by Half Year
  3. 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
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    20090.6%
    Record Year (since 1960) 2008 (0.7%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2013)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20130.6%0.6%0.6%
    UK formation share in 20120.6%0.6%0.7%
    % change-8.9%2.9%-6.4%
    Record Year2012 (0.6%)2008 (0.7%)2012 (0.7%)

Director Age

  1. 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
  2. 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
  3. 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

  1. 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
  2. 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
  3. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT3.52%CONSULTING5.22%
    CONSULTING1.72%MANAGEMENT4.72%
    INVESTMENT1.60%CONSULTANCY3.45%
    CONSULTANCY1.44%PROPERTY2.59%
    COVENTRY1.15%TRADING2.08%
    PROPERTY0.89%ENGINEERING1.87%
    ENGINEERING0.86%LONDON1.86%
    CARE0.72%DESIGN1.76%
    GLOBAL0.67%CONSTRUCTION1.73%
    CONSULTANTS0.67%CARE1.73%
    DESIGN0.62%BUSINESS1.71%
    M0.62%CONSULTANTS1.68%
    ASSOCIATES0.57%GLOBAL1.58%
    PROPERTIES0.55%INVESTMENTS1.56%
    ENTERPRISES0.55%PROPERTIES1.54%
    TRANSPORT0.53%ASSOCIATES1.53%
    D0.53%J1.51%
    IT0.50%MEDIA1.50%
    SECURITY0.50%IT1.35%
    BUSINESS0.50%DEVELOPMENTS1.23%
    TECHNOLOGY0.48%M1.23%
    MARKETING0.48%BUILDING1.21%
    MAINTENANCE0.48%ELECTRICAL1.20%
    MEDIA0.45%CAPITAL1.19%
    S0.45%ENERGY1.14%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,587266,814
    99999 - Dormant Company26746,762
    62020 - Information technology consultancy activities26627,183
    82990 - Other business support service activities not elsewhere classified24655,342
    70229 - Management consultancy activities other than financial management22936,164
    96090 - Other service activities not elsewhere classified12626,001
    62090 - Other information technology service activities11712,511
    74909 - Other professional, scientific and technical activities not elsewhere classified10518,034
    47190 - Other retail sale in non-specialised stores963,473
    49410 - Freight transport by road877,333
    47910 - Retail sale via mail order houses or via Internet698,879
    62012 - Business and domestic software development669,360
    86220 - Specialists medical practice activities653,561
    86900 - Other human health activities559,543
    74990 - Non-trading company5214,223
    45112 - Sale of used cars and light motor vehicles473,044
    68209 - Other letting and operating of own or leased real estate478,733
    41100 - Development of building projects429,485
    56302 - Public houses and bars405,503
    45200 - Maintenance and repair of motor vehicles354,987

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08759980 UK SECURITY BUREAU LTD 04 Nov 2013
    08762164 ENGINEER1ST LTD 05 Nov 2013
    08765029 DURHAM SALES LTD 06 Nov 2013
    08765694 M-ONE CENTRAL DEVELOPMENTS LIMITED 07 Nov 2013
    08766878 B&T AFRICAN SUPERMARKET LIMITED 07 Nov 2013
    08768298 ZAS INVESTMENT MANAGEMENT LTD 08 Nov 2013
    08768447 FORWARD THINKING LETTINGS LTD 08 Nov 2013
    08768819 IOSRP LTD 11 Nov 2013
    08770633 GF INVESTMENT MANAGEMENT LTD 12 Nov 2013
    08776681 COMMUNITY EMPOWERMENT ACADEMY LIMITED 15 Nov 2013
    08777256 UKTTS ROAD RUNNER LTD 15 Nov 2013
    08778132 T & A (COVENTRY) LTD 15 Nov 2013
    08779553 IFIX COMMERCE LIMITED 18 Nov 2013
    08781792 IDP (EAST) LIMITED 19 Nov 2013
    08781793 IDP LANDSCAPE LTD 19 Nov 2013
    08783583 J C TRANSPORT (CAERPHILLY) LIMITED 20 Nov 2013
    08785940 PRACTICAL PERIO LIMITED 21 Nov 2013
    08787859 SANBA LIMITED 25 Nov 2013
    08788605 PAYNES ENGINEERING LIMITED 25 Nov 2013
    08794377 ELMARSD LIMITED 28 Nov 2013
    08795858 MELOS SOLUTIONS LIMITED 29 Nov 2013
    08766719 DRAGOI SERVICES LTD 07 Nov 2013
    08770995 ALL WASTE UK SOLUTIONS LTD 12 Nov 2013
    08778902 JAWWAD SOFTWARE SOLUTIONS LIMITED 18 Nov 2013
    08789668 WATERFIELD CORPORATION LIMITED 25 Nov 2013