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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

  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 (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)CoventryUK
    20151,044161,156
    2014920150,722
    % change13.5%6.9%
    Record Year 2015 (1,044) 2007 (166,814)
    New Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    New companies in 2015311356377
    New companies in 2014303297320
    % change2.6%19.9%17.8%
    Record Year2015 (311)2015 (356)2015 (377)

Closed Companies (dissolved)

  1. 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)CoventryUK
    201553689,523
    201452382,370
    % change2.5%8.7%
    Record Year 2015 (536) 2009 (108,066)
    Dissolved Companies by Quarter

  2. 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
    JanuaryFebruaryMarch
    Closed companies in 2015122214200
    Closed companies in 2014179163181
    % change-31.8%31.3%10%
    Record Year2013 (218)2015 (214)2009 (294)

Net Company Growth

  1. 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)CoventryUK
    201550871,633
    201439768,352
    Record Year 2015 (508) 2007 (111,282)
    Net Growth by Quarter

  2. 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
    JanuaryFebruaryMarch
    Net growth in 2015189142177
    Net growth in 2014124134139
    Record Year2015 (189)2015 (142)2007 (236)

UK Company Share

  1. 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
    20150.6%
    20140.6%
    20130.6%
    20120.5%
    20110.5%
    Record Year (since 1960) 2015 (0.6%)
    Company Share by Quarter

  2. Monthly Data (Jan, Feb & Mar 2015)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20150.6%0.7%0.6%
    UK formation share in 20140.6%0.6%0.6%
    % change0.7%10.4%7.4%
    Record Year2015 (0.6%)2015 (0.7%)2010 (0.7%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2014-Mar 2015)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    MANAGEMENT2.64%CONSULTING5.23%
    CONSULTING2.25%MANAGEMENT4.56%
    CONSULTANCY1.37%CONSULTANCY3.62%
    CARE1.12%PROPERTY2.72%
    ENGINEERING1.12%CONSTRUCTION2.19%
    COVENTRY1.09%CARE2.13%
    TRANSPORT1.03%ENGINEERING2.12%
    INVESTMENT1.01%LONDON1.91%
    J0.86%TRADING1.88%
    CONSTRUCTION0.67%TRANSPORT1.82%
    IT0.67%ELECTRICAL1.76%
    ASSOCIATES0.64%DESIGN1.65%
    GLOBAL0.62%PROPERTIES1.63%
    DESIGN0.62%CO.,1.58%
    PROPERTY0.60%J1.55%
    DRIVING0.58%CONSULTANTS1.54%
    TRADING0.58%BUSINESS1.49%
    (COVENTRY)0.56%INVESTMENTS1.49%
    BUSINESS0.54%GLOBAL1.46%
    PROPERTIES0.54%ASSOCIATES1.44%
    M0.54%DEVELOPMENTS1.36%
    LOGISTICS0.52%BUILDING1.31%
    CONSULTANTS0.52%IT1.30%
    S0.49%MEDIA1.28%
    D0.47%M1.27%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied1,762288,953
    99999 - Dormant Company39849,474
    70229 - Management consultancy activities other than financial management26943,081
    62020 - Information technology consultancy activities25830,825
    82990 - Other business support service activities not elsewhere classified24658,522
    49410 - Freight transport by road16012,485
    96090 - Other service activities not elsewhere classified15429,218
    62090 - Other information technology service activities13112,862
    74909 - Other professional, scientific and technical activities not elsewhere classified10219,098
    86900 - Other human health activities9513,990
    47910 - Retail sale via mail order houses or via Internet8210,200
    47110 - Retail sale in non-specialised stores with food, beverages or tobacco predominating744,256
    47190 - Other retail sale in non-specialised stores683,835
    62012 - Business and domestic software development669,651
    68209 - Other letting and operating of own or leased real estate6311,600
    86101 - Hospital activities485,043
    45112 - Sale of used cars and light motor vehicles473,579
    86220 - Specialists medical practice activities474,088
    74990 - Non-trading company4613,794
    41100 - Development of building projects4411,863

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    09373983 INFINITY COMPONENTS LIMITED 05 Jan 2015
    09377117 BOBOC TRANS LIMITED 07 Jan 2015
    09378443 ADIK LIMITED 07 Jan 2015
    09378679 AWANSONS ASSOCIATES LIMITED 08 Jan 2015
    09380789 DRAK MANAGEMENT LTD 09 Jan 2015
    09382978 AVERLEY EQUINE VETERINARY SERVICES LIMITED 12 Jan 2015
    09384179 TOM BUTTLE LIMITED 12 Jan 2015
    09388061 MOFFAT COMMUNICATIONS LIMITED 14 Jan 2015
    09389699 GIAQUINTO SYNDICATE LTD 15 Jan 2015
    09390345 CODRII TIMBER PRODUCTS LTD 15 Jan 2015
    09398172 FUTURE ISLAND DEVELOPMENTS LTD 20 Jan 2015
    09402266 EGC PROPERTIES LTD 22 Jan 2015
    09406797 TIRON LIMITED 26 Jan 2015
    09407756 LARCENY LIVE PRODUCTIONS LTD 27 Jan 2015
    09410780 UNIQUE CHANCE LTD 28 Jan 2015
    09372364 TVB TEAM LTD 02 Jan 2015
    09374831 MASTAN LTD 06 Jan 2015
    09378187 W L SERVICES (MIDLANDS) LIMITED 07 Jan 2015
    09380310 ALDEN FORBES LIMITED 08 Jan 2015
    09383245 RUSU&COMPANY LTD 12 Jan 2015
    09386095 MISS GKV ACCOUNTANCY LTD 13 Jan 2015
    09389171 ILDAWOODS LIMITED 14 Jan 2015
    09392396 SPARKLE CLEANNING LIMITED 16 Jan 2015
    09393174 AVANT 1 LIMITED 16 Jan 2015
    09397125 YANEWANG LIMITED 20 Jan 2015

Duport Associates Ltd