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
    08129444 BUILD TEAM LTD 04 Jul 2012
    08131569 GARETHPAUL LIMITED 05 Jul 2012
    08161720 ELYSIA COMMONS LIMITED 30 Jul 2012
    08128807 P.CLEE MACHINE SERVICES LIMITED 03 Jul 2012
    08130489 DEFCON 2 RECORDS LIMITED 04 Jul 2012
    OC376729 ERESPONSE CONSULTING LLP 06 Jul 2012
    08140041 A & P HOMES (REDDITCH) LTD 12 Jul 2012
    08144994 LITTLE STARS EDUCATIONAL SERVICES LTD 16 Jul 2012
    08153797 LEIGHROY LTD 24 Jul 2012
    08154163 ACS PARTITION SOLUTIONS LIMITED 24 Jul 2012
    08158492 SEDA HEALTHCARE LTD 26 Jul 2012
    08159064 REDDITCH TOWN CENTRE PARTNERSHIP CIC 27 Jul 2012
    08125463 TWA15 LTD 02 Jul 2012
    08127254 WAHAB & CO LIMITED 03 Jul 2012
    08128184 VERTICAL FARMING BROKERAGE LTD 03 Jul 2012
    08130304 AFDST LTD 04 Jul 2012
    08130306 NERO CONNECT LIMITED 04 Jul 2012
    08136259 T & R AGRICULTURAL SERVICES LIMITED 10 Jul 2012
    08143288 CO & BA LIMITED 13 Jul 2012
    08144366 PHANTOM SOLUTIONS LIMITED 16 Jul 2012
    OC376989 THE CPD TEAM LLP 17 Jul 2012
    08149934 SKINCOMPLETE LIMITED 19 Jul 2012
    08158373 WIS-INT LIMITED 26 Jul 2012
    08163529 JJ BUSINESS SERVICES LIMITED 31 Jul 2012
    08145811 BELMONT PARK HOMES LIMITED 17 Jul 2012