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Redditch, Worcestershire

2011 Half Year Business Confidence Report

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 2011)

    In the first half of 2011 a total of 219 companies were formed in Redditch. This figure is 4.3% higher than last year, which compares badly to the UK wide figure of 12.3%.

    The highest total for a first half year in Redditch occurred in 2003 when a total of 261 were formed.

    Half Year (Jan-Jun)RedditchUK
    2011219228,735
    2010210203,749
    % change4.3%12.3%
    Record Year2003 (261)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 118 companies were registered in Redditch during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is an increase of 26.9% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw an increase of 13.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)RedditchUK
    2011118112,344
    20109398,612
    % change26.9%13.9%
    Record Year 2003 (138) 2011 (112,344)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    New Companies by Month
    AprilMayJune
    New companies in 2011343945
    New companies in 2010243039
    % change41.7%30.0%15.4%
    Record Year2008 (46)2003 (41)2003 (56)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 a total of 150 companies were dissolved in Redditch. This figure is 37.2% lower than last year, which compares well to the UK wide change of -8.6%.

    The highest total for a first half year in Redditch occurred in 2010 when a total of 239 were closed.

    Half Year (Jan-Jun)RedditchUK
    2011150162,310
    2010239177,631
    % change-37.2%-8.6%
    Record Year2010 (239)2009 (289,236)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    A total of 59 companies were dissolved in Redditch during the second quarter of 2011 (Apr 2011 - Jun 2011).

    This figure is a decrease of 51.2% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.

    second quarter (Apr 2011 - Jun 2011)RedditchUK
    20115971,324
    201012194,954
    % change-51.2%-24.9%
    Record Year 2009 (122) 2009 (181,176)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2011162419
    Closed companies in 2010284053
    % change-42.9%-40.0%-64%
    Record Year2010 (28)2009 (54)2010 (53)

Net Company Growth

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 the company register for Redditch increased by 69 companies.

    Half Year (Jan-Jun)RedditchUK
    20116966,425
    2010-2926,118
    Record Year2003 (192)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    Net company growth for Redditch during the second quarter of 2011 (Apr 2011 - Jun 2011) was 59 companies.

    second quarter (Apr 2011 - Jun 2011)RedditchUK
    20115941,020
    2010-283,658
    Record Year 2003 (111) 2003 (69,274)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Net Growth by Month
    AprilMayJune
    Net growth in 2011181526
    Net growth in 2010-4-10-14
    Record Year2008 (33)2003 (34)2003 (46)

UK Company Share

  1. Half Year Data (Jan-Jun 2011)

    In the first half of 2011 Redditch formed 0.1% of all UK companies. This is the same as the 2010 figure of 0.1%.

    Half Year (Jan-Jun)Redditch
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1975 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    In the second quarter of 2011, Redditch formed 0.1% of all UK companies.

    second quarter (Apr 2011 - Jun 2011)Redditch
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2011)

    Company Share by Month
    AprilMayJune
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change37.1%2.4%2.3%
    Record Year1978 (0.3%)1970 (0.3%)1975 (0.5%)

Director Age

  1. Half Year Data (Jan-Jun 2011)

    The average age of a director in the first half of 2011 was 45.7.

    The percentage of directors under the age of 25 was 2.4% compared to the UK figure of 3.2%.

    The percentage of directors over the age of 65 was 6.9% compared to the UK figure of 4.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

    The average age of a director in the second quarter of 2011 was 45.2.

    The percentage of directors under the age of 25 was 2.7% compared to the UK figure of 3.4%.

    The percentage of directors over the age of 65 was 6.6% compared to the UK figure of 4.3%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2011)

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

    24.9% of all director appointments in Redditch in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2011)

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

    21.9% of all director appointments in Redditch in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2010-Jun 2011)

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

    wordpercentageuk worduk percentage
    CONSTRUCTION1.39%CONSULTING5.09%
    MANAGEMENT1.25%MANAGEMENT4.86%
    (REDDITCH)1.11%CONSULTANCY3.17%
    TRANSPORT0.97%PROPERTY2.43%
    REDDITCH0.97%TRADING2.05%
    MIDLANDS0.83%DESIGN1.94%
    CAR0.83%ASSOCIATES1.92%
    D0.83%BUSINESS1.87%
    MARKETING0.83%CONSTRUCTION1.77%
    ASSOCIATES0.69%CONSULTANTS1.76%
    ENGINEERING0.69%MEDIA1.73%
    P0.69%ENGINEERING1.67%
    CONSULTING0.69%LONDON1.60%
    ADVANCED0.56%GLOBAL1.46%
    CARS0.56%J1.44%
    TRAINING0.56%CARE1.44%
    QUANTUM0.56%INVESTMENTS1.42%
    MEDIA0.56%IT1.39%
    INSTALLATIONS0.56%BUILDING1.32%
    C0.56%PROPERTIES1.31%
    BUSINESS0.56%ELECTRICAL1.30%
    HIRE0.56%M1.27%
    (MIDLANDS)0.56%S1.23%
    PROPERTY0.56%ENTERPRISES1.20%
    DESIGN0.56%SYSTEMS1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied181202,072
    7487 - Other business activities5860,758
    82990 - Other business support service activities not elsewhere classified3630,647
    99999 - Dormant Company2518,918
    9999 - Dormant Company2120,111
    70229 - Management consultancy activities other than financial management1416,419
    74909 - Other professional, scientific and technical activities not elsewhere classified147,835
    62090 - Other information technology service activities117,095
    9305 - Other service activities119,063
    96090 - Other service activities not elsewhere classified1110,322
    5540 - Bars102,141
    7499 - Non-trading company1010,955
    7260 - Other computer related activities107,849
    62020 - Information technology consultancy activities910,545
    7414 - Business & management consultancy913,053
    43999 - Other specialised construction activities not elsewhere classified93,050
    4521 - General construction & civil engineering85,928
    86900 - Other human health activities64,154
    43220 - Plumbing, heat and air-conditioning installation62,223
    49410 - Freight transport by road62,142

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07651114 BONHAM KNIGHT LIMITED 31 May 2011
    07639646 EDGIOCK CONSULTING LTD 19 May 2011
    07639080 COSMETIC KINGDOM LIMITED 18 May 2011
    07640566 SOCIALINCLUSION LIMITED 19 May 2011
    07640482 MILLS AND STAIN INVESTMENTS LTD 19 May 2011
    07632345 F.J. MITCHELL CONSTRUCTION LTD 12 May 2011
    07631426 MS INSTALLATIONS LTD 12 May 2011
    07626164 PRO CAR SOLUTIONS LIMITED 09 May 2011
    07625329 SWEDEHOST NETWORKS LTD 06 May 2011
    07625054 SSW CARS LTD 06 May 2011
    07619136 MJ HARVEY TRANSPORT LTD 03 May 2011
    07652156 GARY CRITCHLEY ART LIMITED 31 May 2011
    07648849 ACTIVE LIFESTYLE AND FITNESS SOLUTIONS LTD 26 May 2011
    07648132 SCB FENCING LIMITED 26 May 2011
    07647390 D & H DEVELOPMENTS LTD 25 May 2011
    07646197 DIGMEDIA SOLUTIONS LTD 24 May 2011
    07643851 V V S EXPORTS ( UK) LTD 23 May 2011
    07632312 STRATFORD GREENHEAT LIMITED 12 May 2011
    07627166 PULSE24HOUR CARE SERVICES LIMITED 09 May 2011
    07627073 AKZ TRANSPORT LTD 09 May 2011
    07624779 LESLEY'S CORNER CAFE LIMITED 06 May 2011
    07624035 AVANCER TRANSPORT AND MAINTENANCE LIMITED 06 May 2011
    07622146 ACCIDENT MANAGEMENT HELPLINE LTD 04 May 2011
    07621490 BOOMERANG RE-USE LTD 04 May 2011
    07620437 INTO THE WHITE LTD 03 May 2011