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Coventry, West Midlands

Q1 2014 Business Confidence Report

Headlines

  • Q1 2014 saw a new record in company registrations in Coventry when compared to any previous Q1.
  • Q1 2014 was a record quarter for company registrations in Coventry when compared to any quarter in history.
  • February 2014 saw a new record in company registrations in Coventry when compared to any previous February.
  • January 2014 saw a new record in company registrations in Coventry when compared to any previous January.
  • February 2014 saw a new record in company closures in Coventry when compared to any previous February.
  • February 2014 saw a new record in net growth in Coventry when compared to any previous February.
  • January 2014 saw a new record in net growth in Coventry when compared to any previous January.
  • The record first quarter for female directors in Coventry was in 2014 when 35.7% of all directors were female.

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 2014)

    Q1 2014 saw a new record in company registrations in Coventry when compared to any previous Q1.

    Q1 2014 was a record quarter for company registrations in Coventry when compared to any quarter in history.

    A total of 920 companies were registered in Coventry during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 7.7% versus the same period last year (Q1 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.8% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CoventryUK
    2014920150,722
    2013854134,802
    % change7.7%11.8%
    Record Year 2014 (920) 2007 (166,814)
    New Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company registrations in Coventry when compared to any previous February.

    January 2014 saw a new record in company registrations in Coventry when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2014303297320
    New companies in 2013267267320
    % change13.5%11.2%0.0%
    Record Year2014 (303)2014 (297)2007 (321)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2014)

    A total of 523 companies were dissolved in Coventry during the first quarter of 2014 (Jan 2014 - Mar 2014).

    This figure is an increase of 1.4% versus the same period last year (Q1 2013). This figure compares well to the UK as a whole, which saw an increase of 5.7% against the same period last year.

    first quarter (Jan 2014 - Mar 2014)CoventryUK
    201452382,370
    201351677,914
    % change1.4%5.7%
    Record Year 2014 (523) 2009 (108,066)
    Dissolved Companies by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in company closures in Coventry when compared to any previous February.

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2014179163181
    Closed companies in 2013218148150
    % change-17.9%10.1%21%
    Record Year2013 (218)2014 (163)2009 (294)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2014)

    Net company growth for Coventry during the first quarter of 2014 (Jan 2014 - Mar 2014) was 397 companies.

    first quarter (Jan 2014 - Mar 2014)CoventryUK
    201439768,352
    201333856,888
    Record Year 2007 (418) 2007 (111,282)
    Net Growth by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    February 2014 saw a new record in net growth in Coventry when compared to any previous February.

    January 2014 saw a new record in net growth in Coventry when compared to any previous January.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2014124134139
    Net growth in 201349119170
    Record Year2014 (124)2014 (134)2007 (236)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2014)

    In the first quarter of 2014, Coventry formed 0.6% of all UK companies.

    first quarter (Jan 2014 - Mar 2014)Coventry
    20140.6%
    20130.6%
    20120.5%
    20110.5%
    20100.6%
    Record Year (since 1960) 2010 (0.6%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2014)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20140.6%0.6%0.6%
    UK formation share in 20130.6%0.6%0.7%
    % change6.2%2.7%-16.6%
    Record Year2014 (0.6%)2014 (0.6%)2010 (0.7%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The average age of a director in the first quarter of 2014 was 42.6.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 4.0% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2014)

    The record first quarter for female directors in Coventry was in 2014 when 35.7% of all directors were female.

    35.7% of all director appointments in Coventry in the first quarter of 2014 were female. This compares to a UK average of 26.4% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2013-Mar 2014)

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.55%CONSULTING5.22%
    CONSULTING1.85%MANAGEMENT4.67%
    CONSULTANCY1.34%CONSULTANCY3.49%
    COVENTRY1.09%PROPERTY2.64%
    INVESTMENT1.00%TRADING2.05%
    PROPERTY0.88%LONDON1.88%
    CONSULTANTS0.67%ENGINEERING1.86%
    GLOBAL0.67%CARE1.79%
    ENGINEERING0.65%CONSTRUCTION1.75%
    CARE0.63%DESIGN1.75%
    TRANSPORT0.63%CONSULTANTS1.73%
    IT0.60%BUSINESS1.71%
    DESIGN0.53%PROPERTIES1.60%
    BUSINESS0.53%INVESTMENTS1.60%
    SECURITY0.53%GLOBAL1.58%
    PROPERTIES0.51%J1.48%
    D0.51%ASSOCIATES1.48%
    (COVENTRY)0.49%MEDIA1.48%
    ASSOCIATES0.49%IT1.33%
    MARKETING0.49%TRANSPORT1.30%
    BUILDING0.46%DEVELOPMENTS1.29%
    ENTERPRISES0.46%BUILDING1.24%
    TECHNOLOGY0.46%M1.21%
    M0.42%CAPITAL1.20%
    HEALTHCARE0.42%ELECTRICAL1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,711280,210
    99999 - Dormant Company31847,084
    82990 - Other business support service activities not elsewhere classified25056,411
    62020 - Information technology consultancy activities24427,750
    70229 - Management consultancy activities other than financial management23937,882
    96090 - Other service activities not elsewhere classified13126,700
    62090 - Other information technology service activities11912,813
    74909 - Other professional, scientific and technical activities not elsewhere classified10918,491
    49410 - Freight transport by road1008,014
    47190 - Other retail sale in non-specialised stores923,558
    62012 - Business and domestic software development729,509
    47910 - Retail sale via mail order houses or via Internet689,358
    86220 - Specialists medical practice activities663,680
    86900 - Other human health activities5810,273
    68209 - Other letting and operating of own or leased real estate529,284
    74990 - Non-trading company4914,135
    45112 - Sale of used cars and light motor vehicles453,177
    41100 - Development of building projects429,855
    71129 - Other engineering activities405,477
    56302 - Public houses and bars375,732

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08872404 HARRY PARISA LIMITED 03 Feb 2014
    08872631 DREAMS COMING TRUE LIMITED 03 Feb 2014
    08879681 RAN PROJECTS LIMITED 06 Feb 2014
    08881892 EGCFC LIMITED 07 Feb 2014
    08882177 VANMAR CONSULTANCY LTD 07 Feb 2014
    08884409 MYLANE (ESTATES) LIMITED 10 Feb 2014
    08885195 SILVERWORK HORIZON LIMITED 11 Feb 2014
    08885916 MYLANE (PROPERTIES) LIMITED 11 Feb 2014
    08891678 LIQUOR AND LOVE LIMITED 12 Feb 2014
    08893807 UNITED PAPER LTD 13 Feb 2014
    08895708 SEVEN HILLS PRIVATE LIMITED 14 Feb 2014
    08901325 THALASSIS LIMITED 19 Feb 2014
    08901373 GC INVESTMENT MANAGEMENT LTD 19 Feb 2014
    08903414 SEAFRESH ECOSSE LTD 20 Feb 2014
    08903936 SCALPURE LIMITED 20 Feb 2014
    08905321 TANTALUS ASSOCIATES LIMITED 20 Feb 2014
    08906670 ENERGY REDUCTION SPECIALISTS LTD 21 Feb 2014
    08913831 SUNRISE BUSINESS SOLUTIONS LTD 26 Feb 2014
    08915287 ALPHASTYLE LTD 27 Feb 2014
    08915316 THE JEDI ORDER LTD 27 Feb 2014
    08915412 BESSO CERAMIQUE LTD 27 Feb 2014
    08875956 COVENTRY SCHOOLS' EXTENDED LEARNING CENTRE 04 Feb 2014
    08881476 CHRISANGEL HEALTHCARE SERVICES LIMITED 07 Feb 2014
    08883168 TRU REFLECTION LTD 10 Feb 2014
    08892360 BROOKVALE INSTALLATIONS LIMITED 13 Feb 2014

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