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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

  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. 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)RedditchUK
    2011106114,512
    2010100101,492
    % change6.0%12.8%
    Record Year 2007 (120) 2011 (114,512)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2011313243
    New companies in 2010412435
    % change-24.4%33.3%22.9%
    Record Year2002 (44)2007 (47)2011 (43)

Closed Companies (dissolved)

  1. 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)RedditchUK
    20115472,230
    201014487,705
    % change-62.5%-17.6%
    Record Year 2010 (144) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011241515
    Closed companies in 2010367137
    % change-33.3%-78.9%-59%
    Record Year2010 (36)2010 (71)2009 (45)

Net Company Growth

  1. 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)RedditchUK
    20115242,282
    2010-4413,787
    Record Year 2003 (71) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 201171728
    Net growth in 20105-47-2
    Record Year2008 (32)2003 (24)2002 (31)

UK Company Share

  1. 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
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change-30.8%12.1%10.9%
    Record Year1968 (0.4%)1961 (0.6%)1961 (0.4%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.50%CONSULTING5.11%
    BUSINESS1.23%MANAGEMENT4.75%
    CONSTRUCTION1.09%CONSULTANCY3.19%
    REDDITCH1.09%PROPERTY2.41%
    MARKETING0.96%TRADING2.06%
    CAR0.96%DESIGN1.94%
    TRANSPORT0.96%ASSOCIATES1.85%
    MIDLANDS0.96%BUSINESS1.82%
    CONSULTING0.96%CONSULTANTS1.76%
    (REDDITCH)0.82%ENGINEERING1.74%
    D0.82%MEDIA1.72%
    DESIGN0.82%CONSTRUCTION1.72%
    ENGINEERING0.82%LONDON1.63%
    P0.68%J1.47%
    HOLDINGS0.68%GLOBAL1.46%
    HIRE0.68%INVESTMENTS1.43%
    INSTALLATIONS0.55%CARE1.42%
    ASSOCIATES0.55%IT1.38%
    (MIDLANDS)0.55%BUILDING1.30%
    CATERING0.55%PROPERTIES1.28%
    PROPERTY0.55%ELECTRICAL1.27%
    C0.55%M1.25%
    CARE0.55%ENERGY1.22%
    PLANT0.55%TRAINING1.21%
    SYSTEMS0.41%S1.21%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied160204,493
    7487 - Other business activities8065,177
    82990 - Other business support service activities not elsewhere classified3429,245
    99999 - Dormant Company2318,281
    9999 - Dormant Company2022,587
    70229 - Management consultancy activities other than financial management1415,760
    74909 - Other professional, scientific and technical activities not elsewhere classified137,551
    9305 - Other service activities1210,525
    96090 - Other service activities not elsewhere classified1110,018
    5540 - Bars112,379
    62090 - Other information technology service activities116,798
    43999 - Other specialised construction activities not elsewhere classified92,917
    7414 - Business & management consultancy914,755
    62020 - Information technology consultancy activities910,137
    4521 - General construction & civil engineering86,321
    7499 - Non-trading company811,543
    4545 - Other building completion72,731
    7260 - Other computer related activities78,686
    47910 - Retail sale via mail order houses or via Internet62,191
    86900 - Other human health activities64,019

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07705530 CYCLOPEAN LIMITED 14 Jul 2011
    OC366257 BUDGET PLANT SALES LLP 05 Jul 2011
    OC366729 EXCITED TOMATO.COM LLP 22 Jul 2011
    07692718 MALOT SERVICES LTD 05 Jul 2011
    07698833 EJM CONSULTING ENGINEERS LIMITED 08 Jul 2011
    07708726 WORCESTER ECOLOGY SOLUTIONS LTD 18 Jul 2011
    07710026 PERSHORE ROOFING & BUILDING CONTRACTORS LTD 19 Jul 2011
    07711261 CARPET TILES FACTORY LTD 20 Jul 2011
    07711369 RONKSWOOD CONSULTANCY LIMITED 20 Jul 2011
    07690022 ZEMAN TRANS LTD 01 Jul 2011
    07694131 REDDITCH PREMIERS BMX CLUB LIMITED 05 Jul 2011
    07699928 AGILE COMPUTING LTD 11 Jul 2011
    07704264 WEST MIDLANDS BUSINESS INTERIORS LIMITED 13 Jul 2011
    07704968 TRINITY HIGH SCHOOL AND SIXTH FORM CENTRE 14 Jul 2011
    07708097 WESTMINSTER CONTRACTS LTD 18 Jul 2011
    07708193 THE MOTOR TRADE CLUB LIMITED 18 Jul 2011
    07709466 MT PETS LTD 18 Jul 2011
    07710745 CP PROJECT MANAGEMENT LTD 19 Jul 2011
    07710750 AYUSA LIMITED 19 Jul 2011
    07711141 PATCHWOOD BUSINESS INTELLIGENCE LTD 19 Jul 2011
    07715554 COMPRESSION LIMITED 22 Jul 2011
    07716923 PATH ENGINEERING SOLUTIONS LIMITED 25 Jul 2011
    07719156 VIRTUE PROTECTION SERVICES LTD 26 Jul 2011
    07720523 FIRST INSURANCE SERVICES LIMITED 27 Jul 2011
    07722249 TAYLORS CATERING FOODS LIMITED 29 Jul 2011