Redditch, Worcestershire
Q3 2011 Business Confidence Report
Headlines
- September 2011 saw a new record in company registrations in Redditch when compared to any previous September.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 106 companies were registered in Redditch during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is an increase of 6.0% versus the same period last year (Q3 2010). This figure compares equally to the UK as a whole, which saw an increase of 12.8% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Redditch UK 2011 106 114,512 2010 100 101,492 % change 6.0% 12.8% Record Year 2007 (120) 2011 (114,512) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
September 2011 saw a new record in company registrations in Redditch when compared to any previous September.
New Companies by Month
July August September New companies in 2011 31 32 43 New companies in 2010 41 24 35 % change -24.4% 33.3% 22.9% Record Year 2002 (44) 2007 (47) 2011 (43)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2011)
A total of 54 companies were dissolved in Redditch during the third quarter of 2011 (Jul 2011 - Sep 2011).
This figure is a decrease of 62.5% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.
third quarter (Jul 2011 - Sep 2011) Redditch UK 2011 54 72,230 2010 144 87,705 % change -62.5% -17.6% Record Year 2010 (144) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 24 15 15 Closed companies in 2010 36 71 37 % change -33.3% -78.9% -59% Record Year 2010 (36) 2010 (71) 2009 (45)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2011)
Net company growth for Redditch during the third quarter of 2011 (Jul 2011 - Sep 2011) was 52 companies.
third quarter (Jul 2011 - Sep 2011) Redditch UK 2011 52 42,282 2010 -44 13,787 Record Year 2003 (71) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Net Growth by Month
July August September Net growth in 2011 7 17 28 Net growth in 2010 5 -47 -2 Record Year 2008 (32) 2003 (24) 2002 (31)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2011)
In the third quarter of 2011, Redditch formed 0.1% of all UK companies.
third quarter (Jul 2011 - Sep 2011) Redditch 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1961 (0.3%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change -30.8% 12.1% 10.9% Record Year 1968 (0.4%) 1961 (0.6%) 1961 (0.4%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2011)
The average age of a director in the third quarter of 2011 was 44.1.
The percentage of directors under the age of 25 was 1.1% compared to the UK figure of 4.0%.
The percentage of directors over the age of 65 was 2.8% compared to the UK figure of 4.1%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2011)
The record third quarter for female directors in Redditch was in 1862 when 50.0% of all directors were female.
26.2% of all director appointments in Redditch in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.50% CONSULTING 5.11% BUSINESS 1.23% MANAGEMENT 4.75% CONSTRUCTION 1.09% CONSULTANCY 3.19% REDDITCH 1.09% PROPERTY 2.41% MARKETING 0.96% TRADING 2.06% CAR 0.96% DESIGN 1.94% TRANSPORT 0.96% ASSOCIATES 1.85% MIDLANDS 0.96% BUSINESS 1.82% CONSULTING 0.96% CONSULTANTS 1.76% (REDDITCH) 0.82% ENGINEERING 1.74% D 0.82% MEDIA 1.72% DESIGN 0.82% CONSTRUCTION 1.72% ENGINEERING 0.82% LONDON 1.63% P 0.68% J 1.47% HOLDINGS 0.68% GLOBAL 1.46% HIRE 0.68% INVESTMENTS 1.43% INSTALLATIONS 0.55% CARE 1.42% ASSOCIATES 0.55% IT 1.38% (MIDLANDS) 0.55% BUILDING 1.30% CATERING 0.55% PROPERTIES 1.28% PROPERTY 0.55% ELECTRICAL 1.27% C 0.55% M 1.25% CARE 0.55% ENERGY 1.22% PLANT 0.55% TRAINING 1.21% SYSTEMS 0.41% S 1.21%
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 160 204,493 7487 - Other business activities 80 65,177 82990 - Other business support service activities not elsewhere classified 34 29,245 99999 - Dormant Company 23 18,281 9999 - Dormant Company 20 22,587 70229 - Management consultancy activities other than financial management 14 15,760 74909 - Other professional, scientific and technical activities not elsewhere classified 13 7,551 9305 - Other service activities 12 10,525 96090 - Other service activities not elsewhere classified 11 10,018 5540 - Bars 11 2,379 62090 - Other information technology service activities 11 6,798 43999 - Other specialised construction activities not elsewhere classified 9 2,917 7414 - Business & management consultancy 9 14,755 62020 - Information technology consultancy activities 9 10,137 4521 - General construction & civil engineering 8 6,321 7499 - Non-trading company 8 11,543 4545 - Other building completion 7 2,731 7260 - Other computer related activities 7 8,686 47910 - Retail sale via mail order houses or via Internet 6 2,191 86900 - Other human health activities 6 4,019
Recent Companies
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Randomly selected companies from this quarter
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