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Redditch, Worcestershire

Q1 2012 Business Confidence Report

Headlines

  • Q1 2012 saw a new record in company registrations in Redditch when compared to any previous Q1.
  • Q1 2012 was a record quarter for company registrations in Redditch when compared to any quarter in history.
  • February 2012 saw a new record in company registrations in Redditch when compared to any previous February.
  • February 2012 was a record month for company registrations in Redditch when compared to any month in history.
  • January 2012 saw a new record in company registrations in Redditch when compared to any previous January.
  • Q1 2012 saw a new record in net growth in Redditch when compared to any previous Q1.
  • February 2012 saw a new record in net growth in Redditch when compared to any previous February.

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 (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in company registrations in Redditch when compared to any previous Q1.

    Q1 2012 was a record quarter for company registrations in Redditch when compared to any quarter in history.

    A total of 151 companies were registered in Redditch during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is an increase of 49.5% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw an increase of 13.0% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)RedditchUK
    2012151131,491
    2011101116,391
    % change49.5%13.0%
    Record Year 2012 (151) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in company registrations in Redditch when compared to any previous February.

    February 2012 was a record month for company registrations in Redditch when compared to any month in history.

    January 2012 saw a new record in company registrations in Redditch when compared to any previous January.

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2012436543
    New companies in 2011332939
    % change30.3%124.1%10.3%
    Record Year2012 (43)2012 (65)2007 (56)

Closed Companies (dissolved)

  1. Quarterly Data (Q1 Jan-Mar 2012)

    A total of 67 companies were dissolved in Redditch during the first quarter of 2012 (Jan 2012 - Mar 2012).

    This figure is a decrease of 26.4% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.

    first quarter (Jan 2012 - Mar 2012)RedditchUK
    20126767,576
    20119190,987
    % change-26.4%-25.7%
    Record Year 2010 (118) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012232420
    Closed companies in 2011372826
    % change-37.8%-14.3%-23%
    Record Year2011 (37)2010 (42)2009 (58)

Net Company Growth

  1. Quarterly Data (Q1 Jan-Mar 2012)

    Q1 2012 saw a new record in net growth in Redditch when compared to any previous Q1.

    Net company growth for Redditch during the first quarter of 2012 (Jan 2012 - Mar 2012) was 84 companies.

    first quarter (Jan 2012 - Mar 2012)RedditchUK
    20128463,915
    20111025,404
    Record Year 2012 (84) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    February 2012 saw a new record in net growth in Redditch when compared to any previous February.

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2012204123
    Net growth in 2011-4113
    Record Year2005 (24)2012 (41)2003 (33)

UK Company Share

  1. Quarterly Data (Q1 Jan-Mar 2012)

    In the first quarter of 2012, Redditch formed 0.1% of all UK companies.

    first quarter (Jan 2012 - Mar 2012)Redditch
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1979 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change11.7%91.7%3.1%
    Record Year1975 (0.5%)1960 (0.6%)1972 (0.3%)

Director Age

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The average age of a director in the first quarter of 2012 was 43.7.

    The percentage of directors under the age of 25 was 2.6% compared to the UK figure of 4.6%.

    The percentage of directors over the age of 65 was 2.6% compared to the UK figure of 3.5%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q1 Jan-Mar 2012)

    The record first quarter for female directors in Redditch was in 1861 when 40.0% of all directors were female.

    29.2% of all director appointments in Redditch in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    M1.04%CONSULTING5.07%
    BUSINESS0.92%MANAGEMENT4.74%
    MARKETING0.81%CONSULTANCY3.30%
    D0.69%PROPERTY2.37%
    MAINTENANCE0.69%TRADING2.07%
    MANAGEMENT0.69%DESIGN1.93%
    (MIDLANDS)0.69%ENGINEERING1.86%
    DESIGN0.69%ASSOCIATES1.84%
    TRANSPORT0.69%CONSULTANTS1.79%
    REDDITCH0.69%BUSINESS1.73%
    ELECTRICAL0.58%MEDIA1.72%
    PROPERTY0.58%CONSTRUCTION1.72%
    SOLAR0.58%LONDON1.66%
    (REDDITCH)0.58%J1.54%
    ASSOCIATES0.58%INVESTMENTS1.51%
    CONSULTING0.58%GLOBAL1.50%
    MIDLAND0.58%IT1.40%
    ENGINEERING0.58%CARE1.34%
    SALES0.46%PROPERTIES1.31%
    CAR0.46%ELECTRICAL1.27%
    FIRST0.46%M1.27%
    MEDIA0.46%BUILDING1.24%
    CREATIVE0.46%ENERGY1.20%
    PROJECT0.46%S1.20%
    SCHOOL0.46%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied151216,665
    7487 - Other business activities6252,735
    82990 - Other business support service activities not elsewhere classified4935,233
    99999 - Dormant Company3025,084
    9999 - Dormant Company1618,617
    70229 - Management consultancy activities other than financial management1519,704
    74909 - Other professional, scientific and technical activities not elsewhere classified159,892
    9305 - Other service activities128,818
    96090 - Other service activities not elsewhere classified1213,637
    43999 - Other specialised construction activities not elsewhere classified103,931
    74990 - Non-trading company99,729
    62020 - Information technology consultancy activities914,303
    7499 - Non-trading company89,102
    49410 - Freight transport by road82,781
    5540 - Bars71,978
    56302 - Public houses and bars72,795
    62090 - Other information technology service activities78,145
    7414 - Business & management consultancy712,113
    47910 - Retail sale via mail order houses or via Internet63,439
    4545 - Other building completion62,196

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07896630 MINOTAUR VENTURES LIMITED 04 Jan 2012
    07904533 RIDE AIR SAFE LTD 10 Jan 2012
    07910165 FLICS GYMNASTICS LIMITED 16 Jan 2012
    07913387 FLYFORD MOTOR CENTRE LTD 17 Jan 2012
    07917457 READ PUBLISHING LIMITED 20 Jan 2012
    07919988 ASTON AUTO MOTORS LTD 23 Jan 2012
    07920058 MIDLAND METAL SOLUTIONS LIMITED 23 Jan 2012
    07920175 THE CURRY CORNER SPICES OF BANGLADESH LTD 23 Jan 2012
    07922967 CELTIC RECRUITMENT SERVICES LTD 25 Jan 2012
    07897102 ARROW VALLEY HOG ROAST LIMITED 04 Jan 2012
    07898119 MIDLAND TAPPING SERVICES LIMITED 05 Jan 2012
    07899169 ROHAN CREATIVE LIMITED 05 Jan 2012
    07903234 TBG SERVICES (UK) LIMITED 10 Jan 2012
    07910373 HARFIELD MARKETING SOLUTIONS LIMITED 16 Jan 2012
    07915648 CALL IN 4 CASH LIMITED 19 Jan 2012
    07916518 CALL INFOR CASH LIMITED 19 Jan 2012
    07919327 DONATELLO'S ICE CREAM LTD 23 Jan 2012
    07921649 GAVIN LANG PUBLISHING LIMITED 24 Jan 2012
    07924238 DATA SUPPLY SERVICES (UK) LTD 25 Jan 2012
    07924311 PERFECTLY PAINTED LTD 25 Jan 2012
    07924333 LATTE AND CAPPUCCINO LTD 25 Jan 2012
    07924493 PHILLIPS FARAZMAND LTD 26 Jan 2012
    07925556 FLOWAIME LTD 26 Jan 2012
    07926324 ADVENT EXIM LTD 27 Jan 2012
    07929422 B98 COMPANY FORMATIONS ONE LIMITED 31 Jan 2012