Redditch, Worcestershire
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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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) Redditch UK 2011 219 228,735 2010 210 203,749 % change 4.3% 12.3% Record Year 2003 (261) 2007 (279,097) New Companies by Half Year
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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) Redditch UK 2011 118 112,344 2010 93 98,612 % change 26.9% 13.9% Record Year 2003 (138) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 34 39 45 New companies in 2010 24 30 39 % change 41.7% 30.0% 15.4% Record Year 2008 (46) 2003 (41) 2003 (56)
Closed Companies (dissolved)
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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) Redditch UK 2011 150 162,310 2010 239 177,631 % change -37.2% -8.6% Record Year 2010 (239) 2009 (289,236) Dissolved Companies by Half Year
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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) Redditch UK 2011 59 71,324 2010 121 94,954 % change -51.2% -24.9% Record Year 2009 (122) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 16 24 19 Closed companies in 2010 28 40 53 % change -42.9% -40.0% -64% Record Year 2010 (28) 2009 (54) 2010 (53)
Net Company Growth
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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) Redditch UK 2011 69 66,425 2010 -29 26,118 Record Year 2003 (192) 2007 (171,296) Net Growth by Half Year
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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) Redditch UK 2011 59 41,020 2010 -28 3,658 Record Year 2003 (111) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 18 15 26 Net growth in 2010 -4 -10 -14 Record Year 2008 (33) 2003 (34) 2003 (46)
UK Company Share
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1975 (0.3%) Company Share by Half Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 37.1% 2.4% 2.3% Record Year 1978 (0.3%) 1970 (0.3%) 1975 (0.5%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSTRUCTION 1.39% CONSULTING 5.09% MANAGEMENT 1.25% MANAGEMENT 4.86% (REDDITCH) 1.11% CONSULTANCY 3.17% TRANSPORT 0.97% PROPERTY 2.43% REDDITCH 0.97% TRADING 2.05% MIDLANDS 0.83% DESIGN 1.94% CAR 0.83% ASSOCIATES 1.92% D 0.83% BUSINESS 1.87% MARKETING 0.83% CONSTRUCTION 1.77% ASSOCIATES 0.69% CONSULTANTS 1.76% ENGINEERING 0.69% MEDIA 1.73% P 0.69% ENGINEERING 1.67% CONSULTING 0.69% LONDON 1.60% ADVANCED 0.56% GLOBAL 1.46% CARS 0.56% J 1.44% TRAINING 0.56% CARE 1.44% QUANTUM 0.56% INVESTMENTS 1.42% MEDIA 0.56% IT 1.39% INSTALLATIONS 0.56% BUILDING 1.32% C 0.56% PROPERTIES 1.31% BUSINESS 0.56% ELECTRICAL 1.30% HIRE 0.56% M 1.27% (MIDLANDS) 0.56% S 1.23% PROPERTY 0.56% ENTERPRISES 1.20% DESIGN 0.56% SYSTEMS 1.20%
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 181 202,072 7487 - Other business activities 58 60,758 82990 - Other business support service activities not elsewhere classified 36 30,647 99999 - Dormant Company 25 18,918 9999 - Dormant Company 21 20,111 70229 - Management consultancy activities other than financial management 14 16,419 74909 - Other professional, scientific and technical activities not elsewhere classified 14 7,835 62090 - Other information technology service activities 11 7,095 9305 - Other service activities 11 9,063 96090 - Other service activities not elsewhere classified 11 10,322 5540 - Bars 10 2,141 7499 - Non-trading company 10 10,955 7260 - Other computer related activities 10 7,849 62020 - Information technology consultancy activities 9 10,545 7414 - Business & management consultancy 9 13,053 43999 - Other specialised construction activities not elsewhere classified 9 3,050 4521 - General construction & civil engineering 8 5,928 86900 - Other human health activities 6 4,154 43220 - Plumbing, heat and air-conditioning installation 6 2,223 49410 - Freight transport by road 6 2,142
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07602298 NETZ LIMITED 13 Apr 2011 07614988 REAL REEFA LIMITED 27 Apr 2011 07612705 PATRICK DONOHOE CARPETS LIMITED 21 Apr 2011 07610086 KML PROMOTIONS LIMITED 19 Apr 2011 07606139 D & P LEISURE LIMITED 15 Apr 2011 07604760 GIFTED AND TECHNICAL LIMITED 14 Apr 2011 07601969 RAIL TRAXX LIMITED 12 Apr 2011 07600325 DAZ CLEANING LIMITED 12 Apr 2011 07598537 PREMIER GARAGE SERVICES (REDDITCH) LIMITED 11 Apr 2011 07596136 SJM AUTOS (WORCESTER) LIMITED 07 Apr 2011 07590705 NICE THOUGHTS LTD 04 Apr 2011 07587992 EUROPA STONE LIMITED 01 Apr 2011 07617548 YOUR MOTOR TRADE LTD 28 Apr 2011 07615978 AVVC LIMITED 27 Apr 2011 07615784 TOP CAR 3 LIMITED 27 Apr 2011 07615553 DJA AUTO-INTERNATIONAL LTD 27 Apr 2011 07611729 KT'S CATERING AND EVENTS LIMITED 21 Apr 2011 07608121 HEARTWOOD DESIGN AND BUILD LIMITED 18 Apr 2011 07605346 MOBUNTI LIMITED 15 Apr 2011 07604199 BRIGHTER TOMORROWS LTD 14 Apr 2011 07598914 BARSAS LTD 11 Apr 2011 07596896 GCE MIDLANDS LIMITED 08 Apr 2011 07596660 PULS-R LIMITED 08 Apr 2011 07594100 SPB (STOKE) LIMITED 06 Apr 2011 07589048 KELCO MARKETING SERVICES LTD 04 Apr 2011
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