Redditch, Worcestershire

Q3 2012 Business Confidence Report

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 (Q3 Jul-Sep 2012)

    A total of 99 companies were registered in Redditch during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is a decrease of 6.6% versus the same period last year (Q3 2011). This figure compares badly to the UK as a whole, which saw an increase of 3.8% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)RedditchUK
    201299118,868
    2011106114,512
    % change-6.6%3.8%
    Record Year 2007 (120) 2012 (118,868)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    New Companies by Month
    JulyAugustSeptember
    New companies in 2012313335
    New companies in 2011313243
    % change0.0%3.1%-18.6%
    Record Year2002 (44)2007 (47)2011 (43)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2012)

    A total of 80 companies were dissolved in Redditch during the third quarter of 2012 (Jul 2012 - Sep 2012).

    This figure is an increase of 48.1% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.

    third quarter (Jul 2012 - Sep 2012)RedditchUK
    20128074,772
    20115472,230
    % change48.1%3.5%
    Record Year 2010 (144) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2012282725
    Closed companies in 2011241515
    % change16.7%80.0%67%
    Record Year2010 (36)2010 (71)2009 (45)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2012)

    Net company growth for Redditch during the third quarter of 2012 (Jul 2012 - Sep 2012) was 19 companies.

    third quarter (Jul 2012 - Sep 2012)RedditchUK
    20121944,096
    20115242,282
    Record Year 2003 (71) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20123610
    Net growth in 201171728
    Record Year2008 (32)2003 (24)2002 (31)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2012)

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

    third quarter (Jul 2012 - Sep 2012)Redditch
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    20080.1%
    Record Year (since 1960) 1961 (0.3%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2012)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20120.1%0.1%0.1%
    UK formation share in 20110.1%0.1%0.1%
    % change-10.2%4.0%-19.5%
    Record Year1968 (0.4%)1961 (0.6%)1961 (0.4%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The average age of a director in the third quarter of 2012 was 45.0.

    The percentage of directors under the age of 25 was 0.0% compared to the UK figure of 5.8%.

    The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.2%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2012)

    The record third quarter for female directors in Redditch was in 1862 when 50.0% of all directors were female.

    24.5% of all director appointments in Redditch in the third quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT0.85%CONSULTING5.05%
    M0.73%MANAGEMENT4.75%
    PROPERTY0.73%CONSULTANCY3.28%
    (MIDLANDS)0.73%PROPERTY2.35%
    J0.73%TRADING2.08%
    TRAINING0.73%DESIGN1.87%
    DEVELOPMENT0.73%ASSOCIATES1.84%
    R0.61%ENGINEERING1.83%
    ENGINEERING0.61%CONSULTANTS1.76%
    BUSINESS0.61%BUSINESS1.72%
    MEDIA0.61%CONSTRUCTION1.70%
    OTIUM0.49%MEDIA1.67%
    ELECTRICAL0.49%LONDON1.67%
    CONSULTANCY0.49%J1.55%
    INDUSTRIAL0.49%GLOBAL1.53%
    HWL0.49%INVESTMENTS1.46%
    REDDITCH0.49%IT1.43%
    ENTERPRISES0.49%PROPERTIES1.34%
    LITTLE0.49%CARE1.32%
    CREATIVE0.49%M1.27%
    RECRUITMENT0.49%BUILDING1.22%
    ASSOCIATES0.49%ENTERPRISES1.20%
    ENDEAVOUR0.49%ELECTRICAL1.20%
    SALES0.49%S1.17%
    CAFE0.37%SECURITY1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied256331,455
    7487 - Other business activities5135,545
    82990 - Other business support service activities not elsewhere classified5033,677
    99999 - Dormant Company2725,035
    74909 - Other professional, scientific and technical activities not elsewhere classified149,891
    70229 - Management consultancy activities other than financial management1319,425
    96090 - Other service activities not elsewhere classified1313,716
    9999 - Dormant Company1212,598
    74990 - Non-trading company119,203
    49410 - Freight transport by road102,795
    43999 - Other specialised construction activities not elsewhere classified93,943
    45200 - Maintenance and repair of motor vehicles82,757
    62020 - Information technology consultancy activities814,774
    7499 - Non-trading company76,164
    56302 - Public houses and bars72,823
    86900 - Other human health activities74,998
    9305 - Other service activities66,142
    47910 - Retail sale via mail order houses or via Internet63,712
    62090 - Other information technology service activities57,869
    7414 - Business & management consultancy58,437

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08213931 PLW FURNISHINGS LTD. 13 Sep 2012
    08217285 R & J HAMMERSLEY LIMITED 17 Sep 2012
    08200363 CERTAX ACCOUNTING (BIRMINGHAM SOUTH) LIMITED 04 Sep 2012
    08201667 ENVIRONMENTAL EXCELLENCE EDUCATION LIMITED 04 Sep 2012
    08202711 GLADLLO LIMITED 05 Sep 2012
    08206870 MANDL PARTNERSHIP LIMITED 07 Sep 2012
    08207021 OTIUM BIRMINGHAM LTD 07 Sep 2012
    08207042 OTIUM ONE LTD 07 Sep 2012
    08211810 SALGAD PUBLISHING LTD 12 Sep 2012
    08211959 OTIUM SWINDON LTD 12 Sep 2012
    08212007 GENTOO CONCEPTS LIMITED 12 Sep 2012
    08212038 OTIUM WORCESTER LTD 12 Sep 2012
    08221735 LLOYDS HOMES LIMITED 20 Sep 2012
    08224322 FURNISH YOUR PROPERTY LIMITED 21 Sep 2012
    08226985 R&P SOLUTIONS LIMITED 25 Sep 2012
    08203128 CPL (UK) G.I. LIMITED 05 Sep 2012
    08203251 CPL (UK) COMMERCIAL LIMITED 05 Sep 2012
    08204244 KATY O'RYANS LIMITED 06 Sep 2012
    08209500 IGNITE PERFORMANCE LIMITED 11 Sep 2012
    08210879 RICHARD CARNEY LIMITED 12 Sep 2012
    08214588 F H FORWARD INDUCTION LIMITED 14 Sep 2012
    08217729 ZYBI SERVICES LIMITED 17 Sep 2012
    08217775 BOLT DIAGNOSTICS LIMITED 17 Sep 2012
    08218179 NUTTY BOLT LIMITED 18 Sep 2012
    08223257 DMG EVENTS (MEA) LIMITED 20 Sep 2012