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
    09157039 ROTHERHAM & COMPANY LIMITED 01 Aug 2014
    09158905 JMH CV5 LTD 04 Aug 2014
    09160222 GET SHELF TWO LIMITED 04 Aug 2014
    09160335 GET SHELF THREE LIMITED 04 Aug 2014
    09160341 GET SHELF ONE LIMITED 04 Aug 2014
    09160612 PARKER EQUINE & TUITION LTD 05 Aug 2014
    09160818 MONIO24 LTD 05 Aug 2014
    09162538 ROAD HOUSE COVENTRY LIMITED 05 Aug 2014
    09169847 LEWMAX AGRIPLAN LTD 11 Aug 2014
    09171433 CREATING SYNERGY LTD 12 Aug 2014
    09172263 CENTRAL PACKING LIMITED 12 Aug 2014
    09173012 BANDEH LTD 13 Aug 2014
    09176494 SIDNEY STRINGER TRADING LIMITED 14 Aug 2014
    09182007 AJA LEISURE LIMITED 19 Aug 2014
    09183093 UK GALAXY INVESTMENT LTD 20 Aug 2014
    09183894 FAMILY'S CHOICE LTD 20 Aug 2014
    09186705 ZING KENILWORTH LIMITED 22 Aug 2014
    09188508 AHIR INVESTMENT MANAGEMENT LTD 28 Aug 2014
    09191009 THEREQUINE LIMITED 28 Aug 2014
    09194447 MPK MANAGEMENT LTD 29 Aug 2014
    09195745 YOUAYB LTD 30 Aug 2014
    09159867 WARWICK WINDOW SYSTEMS LTD 04 Aug 2014
    09166441 SINEWAVE (MIDLANDS) LIMITED 07 Aug 2014
    09177882 O'MEARA CONSTRUCTION LIMITED 15 Aug 2014
    09179825 AFRO SUN LIMITED 18 Aug 2014