Droitwich, Worcestershire

2010 Half Year Business Confidence Report

Headlines

  • The first half of 2010 saw a new record in company registrations in Droitwich when compared to any previous first half year.
  • The first half of 2010 was a record first half year for company registrations in Droitwich when compared to any half year in history.
  • The first half of 2010 saw a new record in company closures in Droitwich when compared to any previous first half year.
  • Q2 2010 saw a new record in company closures in Droitwich when compared to any previous Q2.
  • Q2 2010 was a record quarter for company closures in Droitwich when compared to any quarter in history.
  • June 2010 saw a new record in company closures in Droitwich when compared to any previous June.
  • June 2010 was a record month for company closures in Droitwich when compared to any month in history.

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. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company registrations in Droitwich when compared to any previous first half year.

    The first half of 2010 was a record first half year for company registrations in Droitwich when compared to any half year in history.

    In the first half of 2010 a total of 117 companies were formed in Droitwich. This figure is 1.7% higher than last year, which compares badly to the UK wide figure of 11.9%.

    The highest total for a first half year in Droitwich occurred in 2010 when a total of 117 were formed.

    Half Year (Jan-Jun)DroitwichUK
    2010117203,749
    2009115182,021
    % change1.7%11.9%
    Record Year2010 (117)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    A total of 52 companies were registered in Droitwich during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 2.0% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)DroitwichUK
    20105298,612
    20095190,987
    % change2.0%8.4%
    Record Year 2007 (56) 2007 (112,283)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    New Companies by Month
    AprilMayJune
    New companies in 2010201319
    New companies in 2009122415
    % change66.7%-45.8%26.7%
    Record Year2007 (32)2009 (24)2000 (20)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2010)

    The first half of 2010 saw a new record in company closures in Droitwich when compared to any previous first half year.

    In the first half of 2010 a total of 97 companies were dissolved in Droitwich. This figure is 44.8% higher than last year, which compares badly to the UK wide change of -38.6%.

    The highest total for a first half year in Droitwich occurred in 2010 when a total of 97 were closed.

    Half Year (Jan-Jun)DroitwichUK
    201097177,631
    200967289,236
    % change44.8%-38.6%
    Record Year2010 (97)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Q2 2010 saw a new record in company closures in Droitwich when compared to any previous Q2.

    Q2 2010 was a record quarter for company closures in Droitwich when compared to any quarter in history.

    A total of 60 companies were dissolved in Droitwich during the second quarter of 2010 (Apr 2010 - Jun 2010).

    This figure is an increase of 33.3% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.

    second quarter (Apr 2010 - Jun 2010)DroitwichUK
    20106094,954
    200945181,176
    % change33.3%-47.6%
    Record Year 2010 (60) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    June 2010 saw a new record in company closures in Droitwich when compared to any previous June.

    June 2010 was a record month for company closures in Droitwich when compared to any month in history.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 201052431
    Closed companies in 200932517
    % change66.7%-4.0%82%
    Record Year2008 (13)2009 (25)2010 (31)

Net Company Growth

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 the company register for Droitwich increased by 20 companies.

    Half Year (Jan-Jun)DroitwichUK
    20102026,118
    200948-107,215
    Record Year2003 (85)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    Net company growth for Droitwich during the second quarter of 2010 (Apr 2010 - Jun 2010) was -8 companies.

    second quarter (Apr 2010 - Jun 2010)DroitwichUK
    2010-83,658
    20096-90,189
    Record Year 2003 (45) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Net Growth by Month
    AprilMayJune
    Net growth in 201015-11-12
    Net growth in 20099-1-2
    Record Year2007 (26)2004 (14)2003 (16)

UK Company Share

  1. Half Year Data (Jan-Jun 2010)

    In the first half of 2010 Droitwich formed 0.1% of all UK companies. This is the same as the 2009 figure of 0.1%.

    Half Year (Jan-Jun)Droitwich
    20100.1%
    20090.1%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1968 (0.2%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    In the second quarter of 2010, Droitwich formed 0.1% of all UK companies.

    second quarter (Apr 2010 - Jun 2010)Droitwich
    20100.1%
    20090.1%
    20080.0%
    20070.0%
    20060.0%
    Record Year (since 1960) 1971 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2010)

    Company Share by Month
    AprilMayJune
    UK formation share in 20100.1%0.0%0.1%
    UK formation share in 20090.0%0.1%0.0%
    % change53.2%-48.3%13.9%
    Record Year1968 (0.3%)1968 (0.2%)1971 (0.3%)

Director Age

  1. Half Year Data (Jan-Jun 2010)

    The average age of a director in the first half of 2010 was 47.7.

    The percentage of directors under the age of 25 was 2.2% compared to the UK figure of 2.1%.

    The percentage of directors over the age of 65 was 3.6% compared to the UK figure of 4.7%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The average age of a director in the second quarter of 2010 was 47.2.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 2.3%.

    The percentage of directors over the age of 65 was 2.7% compared to the UK figure of 4.4%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2010)

    The record first half year for female directors in Droitwich was 1861 when 40.0% of all directors were female.

    27.4% of all director appointments in Droitwich in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2010)

    The record second quarter for female directors in Droitwich was in 1866 when 66.7% of all directors were female.

    23.6% of all director appointments in Droitwich in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2009-Jun 2010)

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

    wordpercentageuk worduk percentage
    HOMES3.10%MANAGEMENT5.01%
    LIONCOURT2.86%CONSULTING4.79%
    (DEVELOPMENT2.39%CONSULTANCY3.02%
    PROPERTY1.19%PROPERTY2.40%
    M0.95%ASSOCIATES2.02%
    CONSULTANCY0.95%TRADING2.01%
    INTERIORS0.95%DESIGN1.91%
    DEVELOPMENTS0.95%CONSTRUCTION1.85%
    HOMECARE0.72%MEDIA1.80%
    DESIGN0.72%BUSINESS1.75%
    MIDLANDS0.72%CONSULTANTS1.71%
    NEO0.72%INTERNATIONAL1.59%
    VERITAS0.72%ENGINEERING1.56%
    MOTOR0.72%LONDON1.52%
    (WORCESTER)0.72%INVESTMENTS1.49%
    NO.0.72%J1.46%
    CONSTRUCTION0.72%CARE1.41%
    SPA0.72%GLOBAL1.39%
    TRANSPORT0.72%PROPERTIES1.35%
    DIRECT0.48%BUILDING1.33%
    PARTNERSHIP0.48%M1.29%
    BY0.48%IT1.28%
    SYSTEMS0.48%ELECTRICAL1.27%
    TOTAL0.48%GROUP1.25%
    BUILDING0.48%DEVELOPMENTS1.25%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied59207,125
    7487 - Other business activities4568,525
    82990 - Other business support service activities not elsewhere classified3225,942
    7499 - Non-trading company1513,997
    74990 - Non-trading company107,893
    70229 - Management consultancy activities other than financial management913,490
    70100 - Activities of head offices62,912
    69201 - Accounting and auditing activities62,916
    4521 - General construction & civil engineering68,262
    7414 - Business & management consultancy614,598
    7260 - Other computer related activities59,122
    9305 - Other service activities58,822
    41100 - Development of building projects53,945
    68209 - Other letting and operating of own or leased real estate53,834
    42990 - Construction of other civil engineering projects not elsewhere classified41,430
    62020 - Information technology consultancy activities48,590
    43390 - Other building completion and finishing42,417
    41202 - Construction of domestic buildings42,060
    7412 - Accounting, auditing; tax consult32,571
    62090 - Other information technology service activities35,854

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07268274 SPA DISCOUNT FURNITURE LTD. 28 May 2010
    07268243 NOTA BENE LIMITED 28 May 2010
    07261176 RIPPON DEVELOPMENT SERVICES LIMITED 21 May 2010
    07258717 AVI SINGH LIMITED 19 May 2010
    07257921 BANNOURAH LIMITED 18 May 2010
    07252242 SEQUENCE INTERIORS LIMITED 13 May 2010
    07252161 SPA PROPERTY CARE LIMITED 13 May 2010
    07252057 DAVIES & DAVIES CONSULTANCY LIMITED 12 May 2010
    07251012 MARTIN HANKS MACHINERY LIMITED 12 May 2010
    07243419 CAR SPARES ONLINE LIMITED 05 May 2010
    07241444 GLOVERSPIECE MINIFARM LTD 04 May 2010
    07241149 FLOW INTERIORS LTD 04 May 2010
    OC355233 BUTTERS WELDING DIRECT LLP 25 May 2010

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