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

  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. 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)CoventryUK
    20141,761300,731
    20131,637269,432
    % change7.6%11.6%
    Record Year2014 (1,761)2014 (300,731)
    New Companies by Half Year
  2. 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)CoventryUK
    2014841150,009
    2013783134,630
    % change7.4%11.4%
    Record Year 2014 (841) 2014 (150,009)
    New Companies by Quarter
  3. 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
    AprilMayJune
    New companies in 2014290280271
    New companies in 2013268265250
    % change8.2%5.7%8.4%
    Record Year2014 (290)2014 (280)2014 (271)

Closed Companies (dissolved)

  1. 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)CoventryUK
    20141,146177,207
    20131,023155,192
    % change12.0%14.2%
    Record Year2009 (1,197)2009 (289,245)
    Dissolved Companies by Half Year
  2. 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)CoventryUK
    201462394,837
    201350777,278
    % change22.9%22.7%
    Record Year 2009 (751) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2014122301200
    Closed companies in 2013153140214
    % change-20.3%115.0%-7%
    Record Year2009 (225)2009 (336)2013 (214)

Net Company Growth

  1. 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)CoventryUK
    2014615123,524
    2013614114,240
    Record Year2007 (686)2007 (171,296)
    Net Growth by Half Year
  2. 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)CoventryUK
    201421855,172
    201327657,352
    Record Year 2008 (289) 2007 (60,014)
    Net Growth by Quarter
  3. 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
    AprilMayJune
    Net growth in 2014168-2171
    Net growth in 201311512536
    Record Year2014 (168)2013 (125)2008 (153)

UK Company Share

  1. 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
    20140.6%
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    Record Year (since 1960) 2013 (0.6%)
    Company Share by Half Year
  2. 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
    20140.6%
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    Record Year (since 1960) 2009 (0.6%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2014)

    Company Share by Month
    AprilMayJune
    UK formation share in 20140.5%0.6%0.6%
    UK formation share in 20130.5%0.6%0.6%
    % change-2.4%-2.5%-6.1%
    Record Year1971 (0.9%)1982 (0.7%)2012 (0.6%)

Director Age

  1. 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
  2. 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

  1. 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
  2. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.44%CONSULTING5.16%
    CONSULTING1.94%MANAGEMENT4.64%
    CONSULTANCY1.53%CONSULTANCY3.50%
    COVENTRY1.07%PROPERTY2.66%
    INVESTMENT0.98%TRADING2.03%
    ENGINEERING0.91%ENGINEERING1.99%
    PROPERTY0.71%CONSTRUCTION1.93%
    GLOBAL0.68%LONDON1.93%
    CONSULTANTS0.68%CARE1.85%
    CARE0.68%DESIGN1.75%
    TRANSPORT0.64%CONSULTANTS1.73%
    IT0.62%BUSINESS1.69%
    BUSINESS0.62%PROPERTIES1.63%
    DESIGN0.55%TRANSPORT1.58%
    (COVENTRY)0.55%GLOBAL1.55%
    D0.52%INVESTMENTS1.55%
    PROPERTIES0.52%J1.51%
    TRAINING0.50%ASSOCIATES1.48%
    BUILDING0.48%MEDIA1.44%
    J0.48%ELECTRICAL1.40%
    TRADING0.48%IT1.33%
    S0.46%DEVELOPMENTS1.33%
    SECURITY0.46%BUILDING1.26%
    ENTERPRISES0.43%M1.24%
    TECHNOLOGY0.43%CO.,1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,607261,557
    99999 - Dormant Company37448,436
    70229 - Management consultancy activities other than financial management24840,250
    82990 - Other business support service activities not elsewhere classified24657,421
    62020 - Information technology consultancy activities24229,029
    96090 - Other service activities not elsewhere classified13628,352
    62090 - Other information technology service activities12113,024
    74909 - Other professional, scientific and technical activities not elsewhere classified10419,058
    49410 - Freight transport by road1009,265
    47190 - Other retail sale in non-specialised stores933,721
    62012 - Business and domestic software development749,834
    47910 - Retail sale via mail order houses or via Internet739,900
    86900 - Other human health activities6811,292
    68209 - Other letting and operating of own or leased real estate6310,133
    86220 - Specialists medical practice activities613,855
    45112 - Sale of used cars and light motor vehicles513,392
    74990 - Non-trading company4914,351
    56302 - Public houses and bars466,099
    41100 - Development of building projects4310,527
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating423,928

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09065161 THEJOBPEOPLE LTD. 02 Jun 2014
    09070304 CHIPPYS CHIPS LIMITED 04 Jun 2014
    09072795 KAALIQ LIMITED 05 Jun 2014
    09073517 D B CONSULTING (COVENTRY) LIMITED 05 Jun 2014
    09078227 WORKANGO LIMITED 10 Jun 2014
    09080440 PHOENIX PROPERTIES MIDLANDS LIMITED 11 Jun 2014
    09083504 GLOBAL SOLUTIONS (GB) LIMITED 12 Jun 2014
    09084214 AW ASSETS LTD 12 Jun 2014
    09086243 LIMONAR HOMECARE SERVICES LTD 15 Jun 2014
    09088924 CRADDOCK CYCLES LIMITED 17 Jun 2014
    OC393800 ABID ENTERPRISES LLP 17 Jun 2014
    OC393813 FLUID ENTERPRISES LLP 17 Jun 2014
    09090408 HORIZON SETTLEMENTS LTD 17 Jun 2014
    09091579 BEEHAVIOUR.NET LIMITED 18 Jun 2014
    09093255 HELLO WORLD LTD 19 Jun 2014
    09096689 BROKERS & FRIENDS LIMITED 23 Jun 2014
    09099647 MAJW INVESTMENT MANAGEMENT LTD 24 Jun 2014
    09107769 XANDERALEXANDER LIMITED 30 Jun 2014
    09065006 CONTEGO SECURITY SOLUTIONS LTD 02 Jun 2014
    09068796 SPORT AVENUE LIMITED 03 Jun 2014
    09073831 GOLDEN MARK ESTATES LTD 06 Jun 2014
    09076728 VIKING ENERGY LIMITED 09 Jun 2014
    09077109 BRADY PROPERTY REPAIRS AND MAINTENANCE LTD 09 Jun 2014
    09080246 KK PROPERTIES ESTATE AGENTS LTD 10 Jun 2014
    09086097 SATURNUS PRODUCTIONS LIMITED 13 Jun 2014