Redditch, Worcestershire
2012 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 251 companies were formed in Redditch. This figure is 14.6% higher than last year, which compares well to the UK wide figure of 10.7%.
The highest total for a first half year in Redditch occurred in 2003 when a total of 261 were formed.
Half Year (Jan-Jun) Redditch UK 2012 251 253,150 2011 219 228,735 % change 14.6% 10.7% Record Year 2003 (261) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 100 companies were registered in Redditch during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is a decrease of 15.3% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Redditch UK 2012 100 121,659 2011 118 112,344 % change -15.3% 8.3% Record Year 2003 (138) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
New Companies by Month
April May June New companies in 2012 32 36 32 New companies in 2011 34 39 45 % change -5.9% -7.7% -28.9% Record Year 2008 (46) 2003 (41) 2003 (56)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 141 companies were dissolved in Redditch. This figure is 6.0% lower than last year, which compares badly to the UK wide change of -8.9%.
The highest total for a first half year in Redditch occurred in 2010 when a total of 239 were closed.
Half Year (Jan-Jun) Redditch UK 2012 141 147,793 2011 150 162,310 % change -6.0% -8.9% Record Year 2010 (239) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 74 companies were dissolved in Redditch during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 25.4% versus the same period last year (Q2 2011). This figure compares poorly to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Redditch UK 2012 74 80,218 2011 59 71,324 % change 25.4% 12.5% Record Year 2009 (122) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 25 28 21 Closed companies in 2011 16 24 19 % change 56.3% 16.7% 11% Record Year 2010 (28) 2009 (54) 2010 (53)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Redditch increased by 110 companies.
Half Year (Jan-Jun) Redditch UK 2012 110 105,357 2011 69 66,425 Record Year 2003 (192) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Redditch during the second quarter of 2012 (Apr 2012 - Jun 2012) was 26 companies.
second quarter (Apr 2012 - Jun 2012) Redditch UK 2012 26 41,441 2011 59 41,020 Record Year 2003 (111) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 7 8 11 Net growth in 2011 18 15 26 Record Year 2008 (33) 2003 (34) 2003 (46)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Redditch formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jan-Jun) Redditch 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1975 (0.3%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Redditch formed 0.1% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Redditch 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -20.8% -19.1% -24.1% Record Year 1978 (0.3%) 1970 (0.3%) 1975 (0.5%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 45.4.
The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 3.0% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 48.1.
The percentage of directors under the age of 25 was 6.6% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 3.7% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Redditch was 1861 when 40.0% of all directors were female.
28.3% of all director appointments in Redditch in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Redditch was in 1866 when 57.1% of all directors were female.
28.0% of all director appointments in Redditch in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage BUSINESS 1.19% CONSULTING 5.07% MANAGEMENT 1.19% MANAGEMENT 4.74% M 0.95% CONSULTANCY 3.28% (MIDLANDS) 0.71% PROPERTY 2.35% ENGINEERING 0.71% TRADING 2.10% REDDITCH 0.71% DESIGN 1.89% DEVELOPMENT 0.71% ENGINEERING 1.87% RECRUITMENT 0.59% ASSOCIATES 1.82% CONSULTANCY 0.59% CONSULTANTS 1.78% IT 0.59% CONSTRUCTION 1.71% ELECTRICAL 0.59% BUSINESS 1.70% J 0.59% MEDIA 1.69% TRAINING 0.59% LONDON 1.68% PROPERTY 0.59% J 1.57% ASSOCIATES 0.59% GLOBAL 1.51% MARKETING 0.59% INVESTMENTS 1.48% IN 0.48% IT 1.42% COMMUNITY 0.48% CARE 1.31% CONSULTING 0.48% PROPERTIES 1.31% CREATIVE 0.48% M 1.26% DESIGN 0.48% ELECTRICAL 1.23% SALES 0.48% BUILDING 1.23% PROJECT 0.48% SECURITY 1.19% FIRST 0.48% S 1.18% MAINTENANCE 0.48% ENTERPRISES 1.17%
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 173 244,457 7487 - Other business activities 59 47,029 82990 - Other business support service activities not elsewhere classified 53 35,447 99999 - Dormant Company 28 26,088 74909 - Other professional, scientific and technical activities not elsewhere classified 16 10,271 9999 - Dormant Company 15 16,469 70229 - Management consultancy activities other than financial management 14 20,390 96090 - Other service activities not elsewhere classified 13 14,220 74990 - Non-trading company 11 9,706 49410 - Freight transport by road 10 2,912 62020 - Information technology consultancy activities 9 15,280 43999 - Other specialised construction activities not elsewhere classified 9 4,091 9305 - Other service activities 9 7,926 86900 - Other human health activities 8 5,222 45200 - Maintenance and repair of motor vehicles 8 2,880 56302 - Public houses and bars 7 2,913 7499 - Non-trading company 7 8,023 7414 - Business & management consultancy 6 10,978 4545 - Other building completion 6 1,943 47910 - Retail sale via mail order houses or via Internet 6 3,818
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08091866 CHERRY TREE TELECOMS LIMITED 01 Jun 2012 08092302 HENRY'S ACCOUNTANCY SERVICES LIMITED 01 Jun 2012 08093070 SMTAP LTD 01 Jun 2012 08097206 ADARADIVA LIMITED 07 Jun 2012 08097349 CAROLINE DIXON SERVICES LIMITED 08 Jun 2012 08100774 THE CONSTRUCTION FIRM LIMITED 12 Jun 2012 08104999 A & E SERVICES (UK) LIMITED 14 Jun 2012 08108438 RDH CONSULTANCY SOLUTIONS LTD 18 Jun 2012 08110048 BANNER INSTALLATIONS LIMITED 19 Jun 2012 08110256 DIDLR LTD 19 Jun 2012 08113492 INCA SOLUTIONS LIMITED 20 Jun 2012 08113536 QSES ASSOCIATES LIMITED 20 Jun 2012 08119082 GREEN STUFF APPAREL LTD 26 Jun 2012 08120921 J SHALOM ENTERPRISES LTD. 27 Jun 2012 08125063 PROTEA SOLUTIONS LTD 29 Jun 2012 08092266 TRT LIGHTING LIMITED 01 Jun 2012 08096167 BORAN ENGINEERING LIMITED 07 Jun 2012 08102971 DAWN AND TREVOR LTD. 13 Jun 2012 08108313 BE UNIQUE INTERIORS LIMITED 18 Jun 2012 08111816 OSCAR IT SOLUTIONS LTD 19 Jun 2012 OC376217 CVP LLP 20 Jun 2012 08113101 TRAVEL SAVVY LTD. 20 Jun 2012 08114602 ASK AFFINITY LIMITED 21 Jun 2012 08118364 GMH FORESTRY LIMITED 25 Jun 2012 08121084 BROUGH SOLUTIONS LIMITED 27 Jun 2012
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