Download PDF version

Redditch, Worcestershire

2011 Annual Business Confidence Report

Headlines

  • The second half of 2011 saw a new record in company registrations in Redditch when compared to any previous second half year.
  • Q4 2011 saw a new record in company registrations in Redditch when compared to any previous Q4.
  • December 2011 saw a new record in company registrations in Redditch when compared to any previous December.
  • November 2011 saw a new record in company registrations in Redditch when compared to any previous November.
  • October 2011 saw a new record in company registrations in Redditch when compared to any previous October.

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. Annual Data (2011)

    A total of 433 companies were formed in Redditch in 2011. This total is 11.3% higher than in 2010 and compares equally to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearRedditchUK
    2011433452,870
    2010389400,358
    2009353362,675
    2008410349,203
    2007416457,649
    Record Year2003 (456)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    The second half of 2011 saw a new record in company registrations in Redditch when compared to any previous second half year.

    In the second half of 2011 a total of 214 companies were formed in Redditch. This figure is 19.6% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Redditch occurred in 2011 when a total of 214 were formed.

    Half Year (Jul-Dec)RedditchUK
    2011214224,135
    2010179196,609
    % change19.6%14.0%
    Record Year2011 (214)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Q4 2011 saw a new record in company registrations in Redditch when compared to any previous Q4.

    A total of 108 companies were registered in Redditch during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 36.7% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)RedditchUK
    2011108109,623
    20107995,117
    % change36.7%15.3%
    Record Year 2011 (108) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    December 2011 saw a new record in company registrations in Redditch when compared to any previous December.

    November 2011 saw a new record in company registrations in Redditch when compared to any previous November.

    October 2011 saw a new record in company registrations in Redditch when compared to any previous October.

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011403830
    New companies in 2010243223
    % change66.7%18.8%30.4%
    Record Year2011 (40)2011 (38)2011 (30)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 283 companies were dissolved in Redditch in 2011. This total is 40.2% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearRedditchUK
    2011283314,523
    2010473342,232
    2009401533,773
    2008166237,901
    2007216220,295
    Record Year2010 (473)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 133 companies were dissolved in Redditch. This figure is 43.2% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Redditch occurred in 2010 when a total of 234 were closed.

    Half Year (Jul-Dec)RedditchUK
    2011133152,213
    2010234164,601
    % change-43.2%-7.5%
    Record Year2010 (234)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 79 companies were dissolved in Redditch during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is a decrease of 12.2% versus the same period last year (Q4 2010). This figure compares well to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)RedditchUK
    20117979,983
    20109076,896
    % change-12.2%4.0%
    Record Year 2009 (101) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011173329
    Closed companies in 2010284022
    % change-39.3%-17.5%32%
    Record Year2010 (28)2009 (43)2009 (37)

Net Company Growth

  1. Annual Data (2011)

    A total of 150 companies were added to the company register for Redditch in 2011. This number represents growth of 38.6% in the total number of active companies, which compares favourably to the UK figure of 34.6%.

    This number is 234 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Redditch company register grew by 314 companies.

    YearRedditchUK
    2011150138,347
    2010-8458,126
    2009-48-171,098
    2008244111,302
    2007200237,354
    Record Year2003 (314)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Redditch increased by 81 companies.

    Half Year (Jul-Dec)RedditchUK
    20118171,922
    2010-5532,008
    Record Year2003 (122)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Redditch during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 29 companies.

    fourth quarter (Oct 2011 - Dec 2011)RedditchUK
    20112929,640
    2010-1118,221
    Record Year 2003 (51) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20112351
    Net growth in 2010-4-81
    Record Year2008 (34)1997 (16)2002 (16)

UK Company Share

  1. Annual Data (2011)

    In 2011 Redditch formed 0.1% of all UK companies. This is no change on 2010 when Redditch was responsible for 0.1% of all UK companies.

    YearRedditch
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960)1975 (0.2%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

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

    Half Year (Jul-Dec)Redditch
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1961 (0.2%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Redditch
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    20070.1%
    Record Year (since 1960) 1966 (0.3%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.1%0.1%0.1%
    UK formation share in 20100.1%0.1%0.1%
    % change44.7%1.1%15.6%
    Record Year1960 (0.4%)1966 (0.5%)1968 (0.4%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 44.9.

    The percentage of directors under the age of 25 was 2.3% compared to the UK figure of 3.7%.

    The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 44.1.

    The percentage of directors under the age of 25 was 2.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 3.5% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 44.1.

    The percentage of directors under the age of 25 was 3.0% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 4.1% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Redditch was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Redditch in 2011 was 31.3%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Redditch was 1860 when 42.9% of all directors were female.

    28.5% of all director appointments in Redditch in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Redditch was in 1977 when 31.1% of all directors were female.

    30.6% of all director appointments in Redditch in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.28%CONSULTING5.07%
    BUSINESS1.15%MANAGEMENT4.74%
    REDDITCH1.02%CONSULTANCY3.26%
    (MIDLANDS)0.89%PROPERTY2.37%
    MARKETING0.89%TRADING2.07%
    MIDLANDS0.89%DESIGN1.92%
    D0.89%ASSOCIATES1.86%
    CONSULTING0.89%ENGINEERING1.78%
    PROPERTY0.77%BUSINESS1.78%
    CAR0.77%CONSULTANTS1.76%
    ASSOCIATES0.77%CONSTRUCTION1.73%
    ENGINEERING0.77%MEDIA1.71%
    TRAINING0.77%LONDON1.63%
    TRANSPORT0.77%J1.51%
    MAINTENANCE0.64%INVESTMENTS1.48%
    P0.64%GLOBAL1.46%
    SALES0.64%IT1.41%
    DESIGN0.64%CARE1.39%
    HOLDINGS0.64%PROPERTIES1.29%
    SOLAR0.51%ELECTRICAL1.29%
    ELITE0.51%M1.27%
    CATERING0.51%BUILDING1.26%
    (REDDITCH)0.51%ENERGY1.25%
    CONSTRUCTION0.51%S1.20%
    M0.51%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied153205,525
    7487 - Other business activities6857,052
    82990 - Other business support service activities not elsewhere classified3832,483
    99999 - Dormant Company2721,846
    9999 - Dormant Company1920,199
    74909 - Other professional, scientific and technical activities not elsewhere classified158,671
    70229 - Management consultancy activities other than financial management1317,765
    9305 - Other service activities129,492
    96090 - Other service activities not elsewhere classified1111,768
    62020 - Information technology consultancy activities1112,072
    74990 - Non-trading company98,929
    5540 - Bars92,147
    43999 - Other specialised construction activities not elsewhere classified93,342
    7499 - Non-trading company89,957
    62090 - Other information technology service activities87,493
    86900 - Other human health activities74,457
    7414 - Business & management consultancy713,034
    49410 - Freight transport by road72,392
    4521 - General construction & civil engineering65,558
    7260 - Other computer related activities67,667

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07870619 MANDERS CLOSE RESIDENTS' ASSOCIATION LIMITED 05 Dec 2011
    07879120 THE COMMERCIAL MORTGAGE PRACTICE LTD 12 Dec 2011
    07882089 BAM PROJECTS LIMITED 14 Dec 2011
    07888385 RAINWOOD MEDIA LIMITED 21 Dec 2011
    07868082 REFLECTIONS OFFICE SOLUTIONS LIMITED 01 Dec 2011
    07868686 SIDEWINDER LIMITED 02 Dec 2011
    07868872 PHOENIX TRADINGS AND DISTRIBUTIONS LTD 02 Dec 2011
    07871615 LIBERIA CONSULTANTS LIMITED 05 Dec 2011
    07873383 GAME ESSENTIALS LIMITED 07 Dec 2011
    07874936 SALES MENTORING LIMITED 08 Dec 2011
    07875779 WEST MERCIA FAMILY MENTAL HEATH SERVICES LTD 08 Dec 2011
    07878885 DIDA LIMITED 12 Dec 2011
    07880677 TITLEY CAKES LTD 13 Dec 2011
    07889764 WALL STREET ENGLISH LIMITED 22 Dec 2011
    07890410 TRANSCEND AUTOMOTIVE ENGINEERING LTD 22 Dec 2011
    07870287 MARKETING SYNERGIE CREATIVE LIMITED 05 Dec 2011
    07877598 TOP AQUATICS LIMITED 09 Dec 2011
    07877859 PROJECT GOLF LIMITED 12 Dec 2011
    07882310 SARDCORP SCIENCES LTD 14 Dec 2011
    07882561 PINK GREEN LTD 14 Dec 2011
    07885503 ON THE ROAD AGAIN MOTORHOME HIRE LIMITED 19 Dec 2011
    07886260 FIRE TRAINING AND DEVELOPMENT (MIDLANDS) LTD 19 Dec 2011
    07887904 PIG-LET (UK) LTD 20 Dec 2011
    07888554 RVCS LTD 21 Dec 2011
    07891375 G M WILSON LIMITED 23 Dec 2011