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
New Company Registrations
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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.
Year Redditch UK 2011 433 452,870 2010 389 400,358 2009 353 362,675 2008 410 349,203 2007 416 457,649 Record Year 2003 (456) 2007 (457,649) New Companies by Year
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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) Redditch UK 2011 214 224,135 2010 179 196,609 % change 19.6% 14.0% Record Year 2011 (214) 2011 (224,135) New Companies by Half Year
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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) Redditch UK 2011 108 109,623 2010 79 95,117 % change 36.7% 15.3% Record Year 2011 (108) 2011 (109,623) New Companies by Quarter
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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
October November December New companies in 2011 40 38 30 New companies in 2010 24 32 23 % change 66.7% 18.8% 30.4% Record Year 2011 (40) 2011 (38) 2011 (30)
Closed Companies (dissolved)
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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.
Year Redditch UK 2011 283 314,523 2010 473 342,232 2009 401 533,773 2008 166 237,901 2007 216 220,295 Record Year 2010 (473) 2009 (533,773) Dissolved Companies by Year
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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) Redditch UK 2011 133 152,213 2010 234 164,601 % change -43.2% -7.5% Record Year 2010 (234) 2009 (244,537) Dissolved Companies by Half Year
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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) Redditch UK 2011 79 79,983 2010 90 76,896 % change -12.2% 4.0% Record Year 2009 (101) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 17 33 29 Closed companies in 2010 28 40 22 % change -39.3% -17.5% 32% Record Year 2010 (28) 2009 (43) 2009 (37)
Net Company Growth
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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.
Year Redditch UK 2011 150 138,347 2010 -84 58,126 2009 -48 -171,098 2008 244 111,302 2007 200 237,354 Record Year 2003 (314) 2003 (242,543) Net Growth by Year
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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) Redditch UK 2011 81 71,922 2010 -55 32,008 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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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) Redditch UK 2011 29 29,640 2010 -11 18,221 Record Year 2003 (51) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 23 5 1 Net growth in 2010 -4 -8 1 Record Year 2008 (34) 1997 (16) 2002 (16)
UK Company Share
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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.
Year 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 Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Half Year
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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 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% 2007 0.1% Record Year (since 1960) 1966 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.1% 0.1% 0.1% UK formation share in 2010 0.1% 0.1% 0.1% % change 44.7% 1.1% 15.6% Record Year 1960 (0.4%) 1966 (0.5%) 1968 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.28% CONSULTING 5.07% BUSINESS 1.15% MANAGEMENT 4.74% REDDITCH 1.02% CONSULTANCY 3.26% (MIDLANDS) 0.89% PROPERTY 2.37% MARKETING 0.89% TRADING 2.07% MIDLANDS 0.89% DESIGN 1.92% D 0.89% ASSOCIATES 1.86% CONSULTING 0.89% ENGINEERING 1.78% PROPERTY 0.77% BUSINESS 1.78% CAR 0.77% CONSULTANTS 1.76% ASSOCIATES 0.77% CONSTRUCTION 1.73% ENGINEERING 0.77% MEDIA 1.71% TRAINING 0.77% LONDON 1.63% TRANSPORT 0.77% J 1.51% MAINTENANCE 0.64% INVESTMENTS 1.48% P 0.64% GLOBAL 1.46% SALES 0.64% IT 1.41% DESIGN 0.64% CARE 1.39% HOLDINGS 0.64% PROPERTIES 1.29% SOLAR 0.51% ELECTRICAL 1.29% ELITE 0.51% M 1.27% CATERING 0.51% BUILDING 1.26% (REDDITCH) 0.51% ENERGY 1.25% CONSTRUCTION 0.51% S 1.20% M 0.51% ENTERPRISES 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 153 205,525 7487 - Other business activities 68 57,052 82990 - Other business support service activities not elsewhere classified 38 32,483 99999 - Dormant Company 27 21,846 9999 - Dormant Company 19 20,199 74909 - Other professional, scientific and technical activities not elsewhere classified 15 8,671 70229 - Management consultancy activities other than financial management 13 17,765 9305 - Other service activities 12 9,492 96090 - Other service activities not elsewhere classified 11 11,768 62020 - Information technology consultancy activities 11 12,072 74990 - Non-trading company 9 8,929 5540 - Bars 9 2,147 43999 - Other specialised construction activities not elsewhere classified 9 3,342 7499 - Non-trading company 8 9,957 62090 - Other information technology service activities 8 7,493 86900 - Other human health activities 7 4,457 7414 - Business & management consultancy 7 13,034 49410 - Freight transport by road 7 2,392 4521 - General construction & civil engineering 6 5,558 7260 - Other computer related activities 6 7,667
Recent Companies
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Randomly selected companies from this quarter
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