Coventry, West Midlands

Q3 2014 Business Confidence Report

Headlines

  • Q3 2014 saw a new record in company registrations in Coventry when compared to any previous Q3.
  • September 2014 saw a new record in company registrations in Coventry when compared to any previous September.
  • August 2014 saw a new record in company registrations in Coventry when compared to any previous August.
  • July 2014 saw a new record in company registrations in Coventry when compared to any previous July.
  • July 2014 was a record month for company registrations in Coventry when compared to any month in history.
  • July 2014 saw a new record in company closures in Coventry when compared to any previous July.
  • August 2014 saw a new record in net growth in Coventry when compared to any previous August.

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 (Q3 Jul-Sep 2014)

    Q3 2014 saw a new record in company registrations in Coventry when compared to any previous Q3.

    A total of 884 companies were registered in Coventry during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 12.0% versus the same period last year (Q3 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.1% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CoventryUK
    2014884143,414
    2013789132,684
    % change12.0%8.1%
    Record Year 2014 (884) 2014 (143,414)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

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

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

    July 2014 was a record month for company registrations in Coventry when compared to any month in history.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2014334241309
    New companies in 2013284231274
    % change17.6%4.3%12.8%
    Record Year2014 (334)2014 (241)2014 (309)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2014)

    A total of 600 companies were dissolved in Coventry during the third quarter of 2014 (Jul 2014 - Sep 2014).

    This figure is an increase of 12.1% versus the same period last year (Q3 2013). This figure compares well to the UK as a whole, which saw an increase of 18.0% against the same period last year.

    third quarter (Jul 2014 - Sep 2014)CoventryUK
    2014600101,670
    201353586,170
    % change12.1%18.0%
    Record Year 2014 (600) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2014226154220
    Closed companies in 2013208148179
    % change8.7%4.1%23%
    Record Year2014 (226)2008 (224)2009 (280)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2014)

    Net company growth for Coventry during the third quarter of 2014 (Jul 2014 - Sep 2014) was 284 companies.

    third quarter (Jul 2014 - Sep 2014)CoventryUK
    201428441,744
    201325446,514
    Record Year 2011 (301) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

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

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20141088789
    Net growth in 2013768395
    Record Year2008 (179)2014 (87)2012 (146)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2014)

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

    third quarter (Jul 2014 - Sep 2014)Coventry
    20140.6%
    20130.6%
    20120.6%
    20110.6%
    20100.6%
    Record Year (since 1960) 2014 (0.6%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2014)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20140.7%0.6%0.6%
    UK formation share in 20130.6%0.6%0.6%
    % change6.8%-0.6%3.5%
    Record Year2008 (0.7%)2010 (0.6%)1986 (1.1%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The average age of a director in the third quarter of 2014 was 41.9.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 6.3% compared to the UK figure of 4.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2014)

    The record third quarter for female directors in Coventry was in 2012 when 32.4% of all directors were female.

    25.8% of all director appointments in Coventry in the third quarter of 2014 were female. This compares to a UK average of 26.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT2.43%CONSULTING5.17%
    CONSULTING2.16%MANAGEMENT4.63%
    CONSULTANCY1.54%CONSULTANCY3.55%
    ENGINEERING0.98%PROPERTY2.62%
    INVESTMENT0.98%ENGINEERING2.07%
    COVENTRY0.91%CONSTRUCTION2.05%
    CARE0.87%TRADING2.00%
    TRANSPORT0.80%LONDON1.95%
    DESIGN0.76%CARE1.94%
    PROPERTY0.71%TRANSPORT1.76%
    IT0.67%DESIGN1.70%
    GLOBAL0.67%CONSULTANTS1.70%
    CONSULTANTS0.62%PROPERTIES1.63%
    BUSINESS0.62%BUSINESS1.62%
    J0.60%J1.53%
    TRADING0.58%ELECTRICAL1.53%
    DRIVING0.58%GLOBAL1.51%
    (COVENTRY)0.51%INVESTMENTS1.50%
    TRAINING0.51%ASSOCIATES1.48%
    PROPERTIES0.49%MEDIA1.38%
    CONSTRUCTION0.47%CO.,1.36%
    BUILDING0.45%DEVELOPMENTS1.35%
    ASSOCIATES0.45%BUILDING1.30%
    D0.42%IT1.30%
    HEALTHCARE0.42%M1.23%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied1,702278,481
    99999 - Dormant Company37348,286
    70229 - Management consultancy activities other than financial management25040,717
    82990 - Other business support service activities not elsewhere classified24857,264
    62020 - Information technology consultancy activities23929,313
    96090 - Other service activities not elsewhere classified13328,224
    62090 - Other information technology service activities13212,795
    49410 - Freight transport by road999,960
    74909 - Other professional, scientific and technical activities not elsewhere classified9518,890
    47190 - Other retail sale in non-specialised stores923,702
    47910 - Retail sale via mail order houses or via Internet839,914
    86900 - Other human health activities7411,807
    62012 - Business and domestic software development689,675
    68209 - Other letting and operating of own or leased real estate6310,361
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating533,969
    86220 - Specialists medical practice activities513,889
    45112 - Sale of used cars and light motor vehicles493,397
    74990 - Non-trading company4814,006
    71129 - Other engineering activities485,930
    56302 - Public houses and bars476,056

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09110483 CEDAR NUNEATON LIMITED 01 Jul 2014
    09111766 SV PLM CONSULTANCY LIMITED 02 Jul 2014
    09112707 ISCREAM4ICECREAM LTD 02 Jul 2014
    09112781 LICKETYSPLITICECREAM LTD 02 Jul 2014
    09114845 HUNGARY AMIGOS LTD 03 Jul 2014
    09117383 EU-CARS LTD 04 Jul 2014
    09122965 ESPORTS INTERACTIVE LIMITED 09 Jul 2014
    09126071 MODELLA CONSULT LTD. 11 Jul 2014
    09127433 ROCO OPTICAL (UK) LIMITED 11 Jul 2014
    09132420 EARNESTUDIO LIMITED 15 Jul 2014
    09132662 APELIX INTERNATIONAL LTD 15 Jul 2014
    09135037 LAKEBAKE MANAGEMENT LTD 17 Jul 2014
    09136485 188 ALBANY ROAD (MANAGEMENT COMPANY) LIMITED 17 Jul 2014
    09138253 EBOZON LTD 18 Jul 2014
    09138314 ALLESLEY INNOVATIONS LIMITED 18 Jul 2014
    09139429 ICT GLOBAL SOLUTIONS LIMITED 21 Jul 2014
    09139983 BLACKBIRD ASSET MANAGEMENT LTD 21 Jul 2014
    09143015 EARLSDON TRADING LIMITED 23 Jul 2014
    09145899 FORMTEC R&D LIMITED 24 Jul 2014
    09147347 MMXIV LTD 25 Jul 2014
    09152639 UNIVERSAL IT LIMITED 29 Jul 2014
    09154216 PUD (UK) LIMITED 30 Jul 2014
    09112580 GLOBALL SOCCER LIMITED 02 Jul 2014
    09117819 M T ALAM LIMITED 07 Jul 2014
    09133931 BEST PRACTICE HR SOLUTIONS LIMITED 16 Jul 2014