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
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