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
New Company Registrations
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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) Redditch UK 2012 151 131,491 2011 101 116,391 % change 49.5% 13.0% Record Year 2012 (151) 2007 (166,814) New Companies by Quarter
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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
January February March New companies in 2012 43 65 43 New companies in 2011 33 29 39 % change 30.3% 124.1% 10.3% Record Year 2012 (43) 2012 (65) 2007 (56)
Closed Companies (dissolved)
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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) Redditch UK 2012 67 67,576 2011 91 90,987 % change -26.4% -25.7% Record Year 2010 (118) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 23 24 20 Closed companies in 2011 37 28 26 % change -37.8% -14.3% -23% Record Year 2011 (37) 2010 (42) 2009 (58)
Net Company Growth
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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) Redditch UK 2012 84 63,915 2011 10 25,404 Record Year 2012 (84) 2007 (111,282) Net Growth by Quarter
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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
January February March Net growth in 2012 20 41 23 Net growth in 2011 -4 1 13 Record Year 2005 (24) 2012 (41) 2003 (33)
UK Company Share
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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 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1979 (0.3%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change 11.7% 91.7% 3.1% Record Year 1975 (0.5%) 1960 (0.6%) 1972 (0.3%)
Director Age
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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
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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
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage M 1.04% CONSULTING 5.07% BUSINESS 0.92% MANAGEMENT 4.74% MARKETING 0.81% CONSULTANCY 3.30% D 0.69% PROPERTY 2.37% MAINTENANCE 0.69% TRADING 2.07% MANAGEMENT 0.69% DESIGN 1.93% (MIDLANDS) 0.69% ENGINEERING 1.86% DESIGN 0.69% ASSOCIATES 1.84% TRANSPORT 0.69% CONSULTANTS 1.79% REDDITCH 0.69% BUSINESS 1.73% ELECTRICAL 0.58% MEDIA 1.72% PROPERTY 0.58% CONSTRUCTION 1.72% SOLAR 0.58% LONDON 1.66% (REDDITCH) 0.58% J 1.54% ASSOCIATES 0.58% INVESTMENTS 1.51% CONSULTING 0.58% GLOBAL 1.50% MIDLAND 0.58% IT 1.40% ENGINEERING 0.58% CARE 1.34% SALES 0.46% PROPERTIES 1.31% CAR 0.46% ELECTRICAL 1.27% FIRST 0.46% M 1.27% MEDIA 0.46% BUILDING 1.24% CREATIVE 0.46% ENERGY 1.20% PROJECT 0.46% S 1.20% SCHOOL 0.46% ENTERPRISES 1.19%
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 151 216,665 7487 - Other business activities 62 52,735 82990 - Other business support service activities not elsewhere classified 49 35,233 99999 - Dormant Company 30 25,084 9999 - Dormant Company 16 18,617 70229 - Management consultancy activities other than financial management 15 19,704 74909 - Other professional, scientific and technical activities not elsewhere classified 15 9,892 9305 - Other service activities 12 8,818 96090 - Other service activities not elsewhere classified 12 13,637 43999 - Other specialised construction activities not elsewhere classified 10 3,931 74990 - Non-trading company 9 9,729 62020 - Information technology consultancy activities 9 14,303 7499 - Non-trading company 8 9,102 49410 - Freight transport by road 8 2,781 5540 - Bars 7 1,978 56302 - Public houses and bars 7 2,795 62090 - Other information technology service activities 7 8,145 7414 - Business & management consultancy 7 12,113 47910 - Retail sale via mail order houses or via Internet 6 3,439 4545 - Other building completion 6 2,196
Recent Companies
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Randomly selected companies from this quarter
reports
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