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
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