Coventry, West Midlands
2014 Annual Business Confidence Report
Headlines
- 2014 was a record year for company registrations in Coventry when compared to any year in history.
- The second half of 2014 saw a new record in company registrations in Coventry when compared to any previous second half year.
- Q4 2014 saw a new record in company registrations in Coventry when compared to any previous Q4.
- December 2014 saw a new record in company registrations in Coventry when compared to any previous December.
- November 2014 saw a new record in company registrations in Coventry when compared to any previous November.
- 2014 was a record year for company closures in Coventry when compared to any year in history.
- The second half of 2014 saw a new record in company closures in Coventry when compared to any previous second half year.
- The second half of 2014 was a record second half year for company closures in Coventry when compared to any half year in history.
- December 2014 saw a new record in company closures in Coventry when compared to any previous December.
- November 2014 saw a new record in company closures in Coventry when compared to any previous November.
- October 2014 saw a new record in company closures in Coventry when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2014)
2014 was a record year for company registrations in Coventry when compared to any year in history.
A total of 3,472 companies were formed in Coventry in 2014. This total is 8.6% higher than in 2013 and compares equally to the UK figure of a 10.0% growth compared to 529,363 the previous year.
Year Coventry UK 2014 3,472 582,051 2013 3,197 529,363 2012 2,864 491,893 2011 2,599 452,870 2010 2,351 400,358 Record Year 2014 (3,472) 2014 (582,051) New Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company registrations in Coventry when compared to any previous second half year.
In the second half of 2014 a total of 1,711 companies were formed in Coventry. This figure is 9.7% higher than last year, which compares well to the UK wide figure of 8.2%.
The highest total for a second half year in Coventry occurred in 2014 when a total of 1,711 were formed.
Half Year (Jul-Dec) Coventry UK 2014 1,711 281,320 2013 1,560 259,931 % change 9.7% 8.2% Record Year 2014 (1,711) 2014 (281,320) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Q4 2014 saw a new record in company registrations in Coventry when compared to any previous Q4.
A total of 827 companies were registered in Coventry during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 7.3% versus the same period last year (Q4 2013). This figure compares equally to the UK as a whole, which saw an increase of 8.4% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Coventry UK 2014 827 137,906 2013 771 127,247 % change 7.3% 8.4% Record Year 2014 (827) 2014 (137,906) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company registrations in Coventry when compared to any previous December.
November 2014 saw a new record in company registrations in Coventry when compared to any previous November.
New Companies by Month
October November December New companies in 2014 289 282 256 New companies in 2013 293 265 213 % change -1.4% 6.4% 20.2% Record Year 2012 (299) 2014 (282) 2014 (256)
Closed Companies (dissolved)
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Annual Data (2014)
2014 was a record year for company closures in Coventry when compared to any year in history.
A total of 2,369 companies were dissolved in Coventry in 2014. This total is 16.2% higher than in 2013 and compares favourably to the UK figure of 10.8% growth compared to the previous year.
Year Coventry UK 2014 2,369 367,937 2013 2,039 332,213 2012 1,627 293,729 2011 1,820 314,524 2010 1,815 342,233 Record Year 2014 (2,369) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2014)
The second half of 2014 saw a new record in company closures in Coventry when compared to any previous second half year.
The second half of 2014 was a record second half year for company closures in Coventry when compared to any half year in history.
In the second half of 2014 a total of 1,223 companies were dissolved in Coventry. This figure is 20.4% higher than last year, which compares badly to the UK wide change of 7.7%.
The highest total for a second half year in Coventry occurred in 2014 when a total of 1,223 were closed.
Half Year (Jul-Dec) Coventry UK 2014 1,223 190,730 2013 1,016 177,021 % change 20.4% 7.7% Record Year 2014 (1,223) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
A total of 623 companies were dissolved in Coventry during the fourth quarter of 2014 (Oct 2014 - Dec 2014).
This figure is an increase of 29.5% versus the same period last year (Q4 2013). This figure compares poorly to the UK as a whole, which saw a decrease of 2.0% against the same period last year.
fourth quarter (Oct 2014 - Dec 2014) Coventry UK 2014 623 89,060 2013 481 90,851 % change 29.5% -2.0% Record Year 2014 (623) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
December 2014 saw a new record in company closures in Coventry when compared to any previous December.
November 2014 saw a new record in company closures in Coventry when compared to any previous November.
October 2014 saw a new record in company closures in Coventry when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2014 192 185 246 Closed companies in 2013 175 141 165 % change 9.7% 31.2% 49% Record Year 2014 (192) 2014 (185) 2014 (246)
Net Company Growth
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Annual Data (2014)
A total of 1,103 companies were added to the company register for Coventry in 2014. This number represents growth of 31.8% in the total number of active companies, which compares unfavourably to the UK figure of 36.8%.
This number is 55 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2012 when the Coventry company register grew by 1,237 companies.
Year Coventry UK 2014 1,103 214,114 2013 1,158 197,150 2012 1,237 198,164 2011 779 138,346 2010 536 58,125 Record Year 2012 (1,237) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 the company register for Coventry increased by 488 companies.
Half Year (Jul-Dec) Coventry UK 2014 488 90,590 2013 544 82,910 Record Year 2012 (584) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
Net company growth for Coventry during the fourth quarter of 2014 (Oct 2014 - Dec 2014) was 204 companies.
fourth quarter (Oct 2014 - Dec 2014) Coventry UK 2014 204 48,846 2013 290 36,396 Record Year 2012 (365) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Net Growth by Month
October November December Net growth in 2014 97 97 10 Net growth in 2013 118 124 48 Record Year 2008 (148) 2013 (124) 2012 (123)
UK Company Share
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Annual Data (2014)
In 2014 Coventry formed 0.6% of all UK companies. This is no change on 2013 when Coventry was responsible for 0.6% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2014)
In the second half of 2014 Coventry formed 0.6% of all UK companies. This is the same as the 2013 figure of 0.6%.
Half Year (Jul-Dec) Coventry 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% Record Year (since 1960) 2008 (0.6%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
In the fourth quarter of 2014, Coventry formed 0.6% of all UK companies.
fourth quarter (Oct 2014 - Dec 2014) Coventry 2014 0.6% 2013 0.6% 2012 0.6% 2011 0.6% 2010 0.6% Record Year (since 1960) 2008 (0.7%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2014)
Company Share by Month
October November December UK formation share in 2014 0.6% 0.6% 0.6% UK formation share in 2013 0.6% 0.6% 0.6% % change -6.2% 1.0% 2.9% Record Year 2012 (0.6%) 2008 (0.7%) 2012 (0.7%)
Director Age
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Annual Data (2014)
The average age of a director in 2014 was 42.3.
The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.0%.
Director Age by Year
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Half Year Data (Jul-Dec 2014)
The average age of a director in the second half of 2014 was 42.1.
The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.5%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2014)
The average age of a director in the fourth quarter of 2014 was 42.4.
The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 4.6% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Annual Data (2014)
The record year for female directors in Coventry was 1974 when 50.0% of all directors were female.
The percentage of female directors in Coventry in 2014 was 28.3%. The average for the UK during this time was 26.1%
Director Gender by Year
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Half Year Data (Jul-Dec 2014)
The record second half year for female directors in Coventry was 2012 when 29.1% of all directors were female.
25.3% of all director appointments in Coventry in the second 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 (Q4 Oct-Dec 2014)
The record fourth quarter for female directors in Coventry was in 2007 when 27.9% of all directors were female.
24.6% of all director appointments in Coventry in the fourth quarter of 2014 were female. This compares to a UK average of 25.8% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2013-Dec 2014)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.58% CONSULTING 5.22% CONSULTING 2.21% MANAGEMENT 4.58% CONSULTANCY 1.41% CONSULTANCY 3.57% CARE 1.06% PROPERTY 2.66% COVENTRY 0.99% CONSTRUCTION 2.12% TRANSPORT 0.99% ENGINEERING 2.10% INVESTMENT 0.93% CARE 2.02% ENGINEERING 0.90% TRADING 1.94% IT 0.68% LONDON 1.93% BUSINESS 0.66% TRANSPORT 1.93% DESIGN 0.66% DESIGN 1.66% (COVENTRY) 0.66% CONSULTANTS 1.64% J 0.66% ELECTRICAL 1.62% TRADING 0.64% PROPERTIES 1.62% GLOBAL 0.62% BUSINESS 1.56% PROPERTY 0.62% J 1.54% CONSTRUCTION 0.57% CO., 1.50% CONSULTANTS 0.53% GLOBAL 1.49% PROPERTIES 0.53% INVESTMENTS 1.48% TRAINING 0.51% ASSOCIATES 1.47% ASSOCIATES 0.51% DEVELOPMENTS 1.35% DRIVING 0.46% MEDIA 1.33% HEALTHCARE 0.44% IT 1.31% ELECTRICAL 0.44% BUILDING 1.29% M 0.42% M 1.22%
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 1,656 265,608 99999 - Dormant Company 376 48,509 70229 - Management consultancy activities other than financial management 258 42,290 82990 - Other business support service activities not elsewhere classified 246 58,068 62020 - Information technology consultancy activities 245 30,178 96090 - Other service activities not elsewhere classified 147 29,009 49410 - Freight transport by road 141 10,842 62090 - Other information technology service activities 137 12,837 74909 - Other professional, scientific and technical activities not elsewhere classified 100 19,049 47910 - Retail sale via mail order houses or via Internet 85 10,107 86900 - Other human health activities 84 12,976 47190 - Other retail sale in non-specialised stores 75 3,802 68209 - Other letting and operating of own or leased real estate 67 11,212 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 67 4,167 62012 - Business and domestic software development 66 9,752 86220 - Specialists medical practice activities 49 4,031 45112 - Sale of used cars and light motor vehicles 49 3,562 74990 - Non-trading company 48 13,984 71129 - Other engineering activities 46 6,132 56302 - Public houses and bars 45 6,285
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09245122 PERPETUAL WEALTH LTD 02 Oct 2014 09247283 CONNOLLY PROPERTIES LTD 03 Oct 2014 09251398 MISSION GUARDS UK LTD 07 Oct 2014 09252266 KAINTH MANAGEMENT LTD 07 Oct 2014 09254304 GLOBUS SYSTEM PLUS LIMITED 08 Oct 2014 09259666 RP HAULAGE SERVICES LTD 13 Oct 2014 09262038 MATT MOLLAND TRAINING LIMITED 13 Oct 2014 09266319 THE COOKERY CLUB LTD 15 Oct 2014 09271844 UK YOPLAIT FOOD CO., LTD 20 Oct 2014 09274667 G.E. PRIMES LTD 22 Oct 2014 09274879 J W SMITH FARM LTD 22 Oct 2014 09278176 SEEMS MANAGEMENT LTD 23 Oct 2014 09278478 CUBBON MANAGEMENT LTD 23 Oct 2014 09278499 JASON FERGUSON LIMITED 23 Oct 2014 09280015 THE DUKE OF SONG LTD 24 Oct 2014 09282258 MAGANDI LOGISTICS LTD 27 Oct 2014 09286239 HIP GADGETS LIMITED 29 Oct 2014 09251451 ISTANBUL MIDLAND LTD 07 Oct 2014 09256591 RAYFORCE LOGISTICS LIMITED 09 Oct 2014 09256672 MALAGEDA LTD 09 Oct 2014 09256759 C&M CARE SOLUTIONS LTD 09 Oct 2014 09257575 KRYSTAL SERVICE LIMITED 09 Oct 2014 09259318 BLESSYKAM SERVICES LTD 10 Oct 2014 09263579 SHREE BALAJI LIMITED 14 Oct 2014 09265107 GILDERS RAIL LIMITED 15 Oct 2014
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