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 09297389 Q INNOVATIONS LIMITED 05 Nov 2014 09301447 B9T MANAGEMENT LTD 07 Nov 2014 09302496 KJP INFORMATION SOLUTIONS LTD 10 Nov 2014 09304937 MCTAGGART INVESTMENT MANAGEMENT LTD 11 Nov 2014 09315721 KINGSLEY PMC LTD 18 Nov 2014 09318624 IA INVESTMENT MANAGEMENT LTD 19 Nov 2014 09324989 ALLAN PUMULA MABONGA LIMITED 24 Nov 2014 09326150 GHAMA MEDIC LIMITED 25 Nov 2014 09327772 MILFORD & MARAH LTD 26 Nov 2014 09329741 JOMADENA LTD 27 Nov 2014 09332058 DARIUM LTD 28 Nov 2014 09293968 JJORACH TRANSPORT LTD 04 Nov 2014 09294904 DONN88 LTD 04 Nov 2014 09298713 ZENECA LIMITED 06 Nov 2014 09299443 ALLUAPPU LTD 06 Nov 2014 09303745 SAI ARCHANA THERAPY LTD 10 Nov 2014 09307710 HAROLD & HEARTY LIMITED 12 Nov 2014 09318356 GEORGE & PATRICIA LTD 19 Nov 2014 09322604 MARCIN SLABEK LIMITED 21 Nov 2014 09324106 MERIN&MELVIN LTD 24 Nov 2014 09327440 SARI-UP LIMITED 25 Nov 2014 09328636 YAN'S CARE LIMITED 26 Nov 2014 09330448 SYDALG LIMITED 27 Nov 2014 09332857 SMART RESOURCE CARE LIMITED 28 Nov 2014 09293865 STRUTZ TRANSPORT LIMITED 04 Nov 2014
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