Coventry, West Midlands
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Coventry when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Coventry when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Coventry when compared to any previous March.
- March 2015 was a record month for company registrations in Coventry when compared to any month in history.
- February 2015 saw a new record in company registrations in Coventry when compared to any previous February.
- February 2015 was a record month for company registrations in Coventry when compared to any month in history.
- January 2015 saw a new record in company registrations in Coventry when compared to any previous January.
- February 2015 saw a new record in company closures in Coventry when compared to any previous February.
- February 2015 saw a new record in net growth in Coventry when compared to any previous February.
- January 2015 saw a new record in net growth in Coventry when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Coventry when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Coventry when compared to any quarter in history.
A total of 1,044 companies were registered in Coventry during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 13.5% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Coventry UK 2015 1,044 161,156 2014 920 150,722 % change 13.5% 6.9% Record Year 2015 (1,044) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Coventry when compared to any previous March.
March 2015 was a record month for company registrations in Coventry when compared to any month in history.
February 2015 saw a new record in company registrations in Coventry when compared to any previous February.
February 2015 was a record month for company registrations in Coventry when compared to any month in history.
January 2015 saw a new record in company registrations in Coventry when compared to any previous January.
New Companies by Month
January February March New companies in 2015 311 356 377 New companies in 2014 303 297 320 % change 2.6% 19.9% 17.8% Record Year 2015 (311) 2015 (356) 2015 (377)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 536 companies were dissolved in Coventry during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 2.5% versus the same period last year (Q1 2014). This figure compares well to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Coventry UK 2015 536 89,523 2014 523 82,370 % change 2.5% 8.7% Record Year 2015 (536) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in company closures in Coventry when compared to any previous February.
Dissolved Companies by Month
January February March Closed companies in 2015 122 214 200 Closed companies in 2014 179 163 181 % change -31.8% 31.3% 10% Record Year 2013 (218) 2015 (214) 2009 (294)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Coventry during the first quarter of 2015 (Jan 2015 - Mar 2015) was 508 companies.
first quarter (Jan 2015 - Mar 2015) Coventry UK 2015 508 71,633 2014 397 68,352 Record Year 2015 (508) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
February 2015 saw a new record in net growth in Coventry when compared to any previous February.
January 2015 saw a new record in net growth in Coventry when compared to any previous January.
Net Growth by Month
January February March Net growth in 2015 189 142 177 Net growth in 2014 124 134 139 Record Year 2015 (189) 2015 (142) 2007 (236)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Coventry formed 0.6% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Coventry 2015 0.6% 2014 0.6% 2013 0.6% 2012 0.5% 2011 0.5% Record Year (since 1960) 2015 (0.6%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.6% 0.7% 0.6% UK formation share in 2014 0.6% 0.6% 0.6% % change 0.7% 10.4% 7.4% Record Year 2015 (0.6%) 2015 (0.7%) 2010 (0.7%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 42.5.
The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 3.4% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Coventry was in 2014 when 35.7% of all directors were female.
26.8% of all director appointments in Coventry in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 2.64% CONSULTING 5.23% CONSULTING 2.25% MANAGEMENT 4.56% CONSULTANCY 1.37% CONSULTANCY 3.62% CARE 1.12% PROPERTY 2.72% ENGINEERING 1.12% CONSTRUCTION 2.19% COVENTRY 1.09% CARE 2.13% TRANSPORT 1.03% ENGINEERING 2.12% INVESTMENT 1.01% LONDON 1.91% J 0.86% TRADING 1.88% CONSTRUCTION 0.67% TRANSPORT 1.82% IT 0.67% ELECTRICAL 1.76% ASSOCIATES 0.64% DESIGN 1.65% GLOBAL 0.62% PROPERTIES 1.63% DESIGN 0.62% CO., 1.58% PROPERTY 0.60% J 1.55% DRIVING 0.58% CONSULTANTS 1.54% TRADING 0.58% BUSINESS 1.49% (COVENTRY) 0.56% INVESTMENTS 1.49% BUSINESS 0.54% GLOBAL 1.46% PROPERTIES 0.54% ASSOCIATES 1.44% M 0.54% DEVELOPMENTS 1.36% LOGISTICS 0.52% BUILDING 1.31% CONSULTANTS 0.52% IT 1.30% S 0.49% MEDIA 1.28% D 0.47% M 1.27%
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 1,762 288,953 99999 - Dormant Company 398 49,474 70229 - Management consultancy activities other than financial management 269 43,081 62020 - Information technology consultancy activities 258 30,825 82990 - Other business support service activities not elsewhere classified 246 58,522 49410 - Freight transport by road 160 12,485 96090 - Other service activities not elsewhere classified 154 29,218 62090 - Other information technology service activities 131 12,862 74909 - Other professional, scientific and technical activities not elsewhere classified 102 19,098 86900 - Other human health activities 95 13,990 47910 - Retail sale via mail order houses or via Internet 82 10,200 47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating 74 4,256 47190 - Other retail sale in non-specialised stores 68 3,835 62012 - Business and domestic software development 66 9,651 68209 - Other letting and operating of own or leased real estate 63 11,600 86101 - Hospital activities 48 5,043 45112 - Sale of used cars and light motor vehicles 47 3,579 86220 - Specialists medical practice activities 47 4,088 74990 - Non-trading company 46 13,794 41100 - Development of building projects 44 11,863
Recent Companies
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Randomly selected companies from this quarter
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