Coventry, West Midlands
2014 Half Year Business Confidence Report
Headlines
- The first half of 2014 saw a new record in company registrations in Coventry when compared to any previous first half year.
- The first half of 2014 was a record first half year for company registrations in Coventry when compared to any half year in history.
- Q2 2014 saw a new record in company registrations in Coventry when compared to any previous Q2.
- June 2014 saw a new record in company registrations in Coventry when compared to any previous June.
- May 2014 saw a new record in company registrations in Coventry when compared to any previous May.
- April 2014 saw a new record in company registrations in Coventry when compared to any previous April.
- April 2014 saw a new record in net growth in Coventry when compared to any previous April.
- The record first half year for female directors in Coventry was 2014 when 31.2% of all directors were female.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2014)
The first half of 2014 saw a new record in company registrations in Coventry when compared to any previous first half year.
The first half of 2014 was a record first half year for company registrations in Coventry when compared to any half year in history.
In the first half of 2014 a total of 1,761 companies were formed in Coventry. This figure is 7.6% higher than last year, which compares badly to the UK wide figure of 11.6%.
The highest total for a first half year in Coventry occurred in 2014 when a total of 1,761 were formed.
Half Year (Jan-Jun) Coventry UK 2014 1,761 300,731 2013 1,637 269,432 % change 7.6% 11.6% Record Year 2014 (1,761) 2014 (300,731) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Q2 2014 saw a new record in company registrations in Coventry when compared to any previous Q2.
A total of 841 companies were registered in Coventry during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 7.4% versus the same period last year (Q2 2013). This figure compares equally to the UK as a whole, which saw an increase of 11.4% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Coventry UK 2014 841 150,009 2013 783 134,630 % change 7.4% 11.4% Record Year 2014 (841) 2014 (150,009) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
June 2014 saw a new record in company registrations in Coventry when compared to any previous June.
May 2014 saw a new record in company registrations in Coventry when compared to any previous May.
April 2014 saw a new record in company registrations in Coventry when compared to any previous April.
New Companies by Month
April May June New companies in 2014 290 280 271 New companies in 2013 268 265 250 % change 8.2% 5.7% 8.4% Record Year 2014 (290) 2014 (280) 2014 (271)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 a total of 1,146 companies were dissolved in Coventry. This figure is 12.0% higher than last year, which compares well to the UK wide change of 14.2%.
The highest total for a first half year in Coventry occurred in 2009 when a total of 1,197 were closed.
Half Year (Jan-Jun) Coventry UK 2014 1,146 177,207 2013 1,023 155,192 % change 12.0% 14.2% Record Year 2009 (1,197) 2009 (289,245) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
A total of 623 companies were dissolved in Coventry during the second quarter of 2014 (Apr 2014 - Jun 2014).
This figure is an increase of 22.9% versus the same period last year (Q2 2013). This figure compares poorly to the UK as a whole, which saw an increase of 22.7% against the same period last year.
second quarter (Apr 2014 - Jun 2014) Coventry UK 2014 623 94,837 2013 507 77,278 % change 22.9% 22.7% Record Year 2009 (751) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2014)
Dissolved Companies by Month
April May June Closed companies in 2014 122 301 200 Closed companies in 2013 153 140 214 % change -20.3% 115.0% -7% Record Year 2009 (225) 2009 (336) 2013 (214)
Net Company Growth
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 the company register for Coventry increased by 615 companies.
Half Year (Jan-Jun) Coventry UK 2014 615 123,524 2013 614 114,240 Record Year 2007 (686) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
Net company growth for Coventry during the second quarter of 2014 (Apr 2014 - Jun 2014) was 218 companies.
second quarter (Apr 2014 - Jun 2014) Coventry UK 2014 218 55,172 2013 276 57,352 Record Year 2008 (289) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2014)
April 2014 saw a new record in net growth in Coventry when compared to any previous April.
Net Growth by Month
April May June Net growth in 2014 168 -21 71 Net growth in 2013 115 125 36 Record Year 2014 (168) 2013 (125) 2008 (153)
UK Company Share
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Half Year Data (Jan-Jun 2014)
In the first half of 2014 Coventry formed 0.6% of all UK companies. This is the same as the 2013 figure of 0.6%.
Half Year (Jan-Jun) Coventry 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% Record Year (since 1960) 2013 (0.6%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
In the second quarter of 2014, Coventry formed 0.6% of all UK companies.
second quarter (Apr 2014 - Jun 2014) Coventry 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% Record Year (since 1960) 2009 (0.6%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2014)
Company Share by Month
April May June UK formation share in 2014 0.5% 0.6% 0.6% UK formation share in 2013 0.5% 0.6% 0.6% % change -2.4% -2.5% -6.1% Record Year 1971 (0.9%) 1982 (0.7%) 2012 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2014)
The average age of a director in the first half of 2014 was 42.5.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 3.5%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The average age of a director in the second quarter of 2014 was 42.3.
The percentage of directors under the age of 25 was 3.8% 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 3.6%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2014)
The record first half year for female directors in Coventry was 2014 when 31.2% of all directors were female.
31.2% of all director appointments in Coventry in the first half of 2014 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2014)
The record second quarter for female directors in Coventry was in 2008 when 27.3% of all directors were female.
25.5% of all director appointments in Coventry in the second quarter of 2014 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2013-Jun 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.44% CONSULTING 5.16% CONSULTING 1.94% MANAGEMENT 4.64% CONSULTANCY 1.53% CONSULTANCY 3.50% COVENTRY 1.07% PROPERTY 2.66% INVESTMENT 0.98% TRADING 2.03% ENGINEERING 0.91% ENGINEERING 1.99% PROPERTY 0.71% CONSTRUCTION 1.93% GLOBAL 0.68% LONDON 1.93% CONSULTANTS 0.68% CARE 1.85% CARE 0.68% DESIGN 1.75% TRANSPORT 0.64% CONSULTANTS 1.73% IT 0.62% BUSINESS 1.69% BUSINESS 0.62% PROPERTIES 1.63% DESIGN 0.55% TRANSPORT 1.58% (COVENTRY) 0.55% GLOBAL 1.55% D 0.52% INVESTMENTS 1.55% PROPERTIES 0.52% J 1.51% TRAINING 0.50% ASSOCIATES 1.48% BUILDING 0.48% MEDIA 1.44% J 0.48% ELECTRICAL 1.40% TRADING 0.48% IT 1.33% S 0.46% DEVELOPMENTS 1.33% SECURITY 0.46% BUILDING 1.26% ENTERPRISES 0.43% M 1.24% TECHNOLOGY 0.43% CO., 1.20%
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 1,607 261,557 99999 - Dormant Company 374 48,436 70229 - Management consultancy activities other than financial management 248 40,250 82990 - Other business support service activities not elsewhere classified 246 57,421 62020 - Information technology consultancy activities 242 29,029 96090 - Other service activities not elsewhere classified 136 28,352 62090 - Other information technology service activities 121 13,024 74909 - Other professional, scientific and technical activities not elsewhere classified 104 19,058 49410 - Freight transport by road 100 9,265 47190 - Other retail sale in non-specialised stores 93 3,721 62012 - Business and domestic software development 74 9,834 47910 - Retail sale via mail order houses or via Internet 73 9,900 86900 - Other human health activities 68 11,292 68209 - Other letting and operating of own or leased real estate 63 10,133 86220 - Specialists medical practice activities 61 3,855 45112 - Sale of used cars and light motor vehicles 51 3,392 74990 - Non-trading company 49 14,351 56302 - Public houses and bars 46 6,099 41100 - Development of building projects 43 10,527 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 42 3,928
Recent Companies
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Randomly selected companies from this quarter
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