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
New Company Registrations
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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) Coventry UK 2014 884 143,414 2013 789 132,684 % change 12.0% 8.1% Record Year 2014 (884) 2014 (143,414) New Companies by Quarter
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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
July August September New companies in 2014 334 241 309 New companies in 2013 284 231 274 % change 17.6% 4.3% 12.8% Record Year 2014 (334) 2014 (241) 2014 (309)
Closed Companies (dissolved)
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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) Coventry UK 2014 600 101,670 2013 535 86,170 % change 12.1% 18.0% Record Year 2014 (600) 2009 (159,405) Dissolved Companies by Quarter
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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
July August September Closed companies in 2014 226 154 220 Closed companies in 2013 208 148 179 % change 8.7% 4.1% 23% Record Year 2014 (226) 2008 (224) 2009 (280)
Net Company Growth
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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) Coventry UK 2014 284 41,744 2013 254 46,514 Record Year 2011 (301) 2013 (46,514) Net Growth by Quarter
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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
July August September Net growth in 2014 108 87 89 Net growth in 2013 76 83 95 Record Year 2008 (179) 2014 (87) 2012 (146)
UK Company Share
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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 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% Record Year (since 1960) 2014 (0.6%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2014)
Company Share by Month
July August September UK formation share in 2014 0.7% 0.6% 0.6% UK formation share in 2013 0.6% 0.6% 0.6% % change 6.8% -0.6% 3.5% Record Year 2008 (0.7%) 2010 (0.6%) 1986 (1.1%)
Director Age
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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
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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
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Previous 12 months (Sep 2013-Sep 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.43% CONSULTING 5.17% CONSULTING 2.16% MANAGEMENT 4.63% CONSULTANCY 1.54% CONSULTANCY 3.55% ENGINEERING 0.98% PROPERTY 2.62% INVESTMENT 0.98% ENGINEERING 2.07% COVENTRY 0.91% CONSTRUCTION 2.05% CARE 0.87% TRADING 2.00% TRANSPORT 0.80% LONDON 1.95% DESIGN 0.76% CARE 1.94% PROPERTY 0.71% TRANSPORT 1.76% IT 0.67% DESIGN 1.70% GLOBAL 0.67% CONSULTANTS 1.70% CONSULTANTS 0.62% PROPERTIES 1.63% BUSINESS 0.62% BUSINESS 1.62% J 0.60% J 1.53% TRADING 0.58% ELECTRICAL 1.53% DRIVING 0.58% GLOBAL 1.51% (COVENTRY) 0.51% INVESTMENTS 1.50% TRAINING 0.51% ASSOCIATES 1.48% PROPERTIES 0.49% MEDIA 1.38% CONSTRUCTION 0.47% CO., 1.36% BUILDING 0.45% DEVELOPMENTS 1.35% ASSOCIATES 0.45% BUILDING 1.30% D 0.42% IT 1.30% HEALTHCARE 0.42% M 1.23%
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 1,702 278,481 99999 - Dormant Company 373 48,286 70229 - Management consultancy activities other than financial management 250 40,717 82990 - Other business support service activities not elsewhere classified 248 57,264 62020 - Information technology consultancy activities 239 29,313 96090 - Other service activities not elsewhere classified 133 28,224 62090 - Other information technology service activities 132 12,795 49410 - Freight transport by road 99 9,960 74909 - Other professional, scientific and technical activities not elsewhere classified 95 18,890 47190 - Other retail sale in non-specialised stores 92 3,702 47910 - Retail sale via mail order houses or via Internet 83 9,914 86900 - Other human health activities 74 11,807 62012 - Business and domestic software development 68 9,675 68209 - Other letting and operating of own or leased real estate 63 10,361 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 53 3,969 86220 - Specialists medical practice activities 51 3,889 45112 - Sale of used cars and light motor vehicles 49 3,397 74990 - Non-trading company 48 14,006 71129 - Other engineering activities 48 5,930 56302 - Public houses and bars 47 6,056
Recent Companies
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Randomly selected companies from this quarter
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