Redditch, Worcestershire
2012 Annual Business Confidence Report
Headlines
- October 2012 saw a new record in company closures in Redditch when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2012)
A total of 433 companies were formed in Redditch in 2012. This total is 0.0% the same as in 2011 and compares poorly to the UK figure of a 8.6% growth compared to 452,870 the previous year.
Year Redditch UK 2012 433 491,893 2011 433 452,870 2010 389 400,358 2009 353 362,675 2008 410 349,203 Record Year 2003 (456) 2012 (491,893) New Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 182 companies were formed in Redditch. This figure is 15.0% lower than last year, which compares badly to the UK wide figure of 6.5%.
The highest total for a second half year in Redditch occurred in 2011 when a total of 214 were formed.
Half Year (Jul-Dec) Redditch UK 2012 182 238,743 2011 214 224,135 % change -15.0% 6.5% Record Year 2011 (214) 2012 (238,743) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 83 companies were registered in Redditch during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is a decrease of 23.1% versus the same period last year (Q4 2011). This figure compares badly to the UK as a whole, which saw an increase of 9.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Redditch UK 2012 83 119,875 2011 108 109,623 % change -23.1% 9.4% Record Year 2011 (108) 2012 (119,875) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
New Companies by Month
October November December New companies in 2012 33 33 17 New companies in 2011 40 38 30 % change -17.5% -13.2% -43.3% Record Year 2011 (40) 2011 (38) 2011 (30)
Closed Companies (dissolved)
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Annual Data (2012)
A total of 304 companies were dissolved in Redditch in 2012. This total is 7.4% higher than in 2011 and compares favourably to the UK figure of 6.6% decrease compared to the previous year.
Year Redditch UK 2012 304 293,728 2011 283 314,524 2010 473 342,233 2009 401 533,787 2008 166 237,873 Record Year 2010 (473) 2009 (533,787) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 a total of 163 companies were dissolved in Redditch. This figure is 22.6% higher than last year, which compares badly to the UK wide change of -4.1%.
The highest total for a second half year in Redditch occurred in 2010 when a total of 234 were closed.
Half Year (Jul-Dec) Redditch UK 2012 163 145,934 2011 133 152,213 % change 22.6% -4.1% Record Year 2010 (234) 2009 (244,543) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
A total of 83 companies were dissolved in Redditch during the fourth quarter of 2012 (Oct 2012 - Dec 2012).
This figure is an increase of 5.1% versus the same period last year (Q4 2011). This figure compares poorly to the UK as a whole, which saw a decrease of 12.4% against the same period last year.
fourth quarter (Oct 2012 - Dec 2012) Redditch UK 2012 83 70,026 2011 79 79,983 % change 5.1% -12.4% Record Year 2009 (101) 2009 (85,139) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
October 2012 saw a new record in company closures in Redditch when compared to any previous October.
Dissolved Companies by Month
October November December Closed companies in 2012 45 25 13 Closed companies in 2011 17 33 29 % change 164.7% -24.2% -55% Record Year 2012 (45) 2009 (43) 2009 (37)
Net Company Growth
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Annual Data (2012)
A total of 129 companies were added to the company register for Redditch in 2012. This number represents growth of 29.8% in the total number of active companies, which compares unfavourably to the UK figure of 43.8%.
This number is 21 companies lower than the previous year.
The highest net company growth figure ever seen in one year came in 2003 when the Redditch company register grew by 314 companies.
Year Redditch UK 2012 129 198,165 2011 150 138,346 2010 -84 58,125 2009 -48 -171,112 2008 244 111,330 Record Year 2003 (314) 2003 (242,541) Net Growth by Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 the company register for Redditch increased by 19 companies.
Half Year (Jul-Dec) Redditch UK 2012 19 92,809 2011 81 71,922 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
Net company growth for Redditch during the fourth quarter of 2012 (Oct 2012 - Dec 2012) was 0 companies.
fourth quarter (Oct 2012 - Dec 2012) Redditch UK 2012 0 49,849 2011 29 29,640 Record Year 2003 (51) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Net Growth by Month
October November December Net growth in 2012 -12 8 4 Net growth in 2011 23 5 1 Record Year 2008 (34) 1997 (16) 2002 (16)
UK Company Share
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Annual Data (2012)
In 2012 Redditch formed 0.1% of all UK companies. This is no change on 2011 when Redditch was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2012)
In the second half of 2012 Redditch formed 0.1% of all UK companies. This is the same as the 2011 figure of 0.1%.
Half Year (Jul-Dec) Redditch 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1961 (0.2%) Company Share by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
In the fourth quarter of 2012, Redditch formed 0.1% of all UK companies.
fourth quarter (Oct 2012 - Dec 2012) Redditch 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% 2008 0.1% Record Year (since 1960) 1966 (0.3%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2012)
Company Share by Month
October November December UK formation share in 2012 0.1% 0.1% 0.1% UK formation share in 2011 0.1% 0.1% 0.1% % change -30.7% -17.3% -44.8% Record Year 1960 (0.4%) 1966 (0.5%) 1968 (0.4%)
Director Age
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Annual Data (2012)
The average age of a director in 2012 was 45.7.
The percentage of directors under the age of 25 was 2.5% compared to the UK figure of 3.8%.
The percentage of directors over the age of 65 was 5.2% compared to the UK figure of 4.1%.
Director Age by Year
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Half Year Data (Jul-Dec 2012)
The average age of a director in the second half of 2012 was 43.8.
The percentage of directors under the age of 25 was 1.9% compared to the UK figure of 4.3%.
The percentage of directors over the age of 65 was 6.1% compared to the UK figure of 4.0%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The average age of a director in the fourth quarter of 2012 was 41.0.
The percentage of directors under the age of 25 was 4.7% compared to the UK figure of 4.4%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.9%.
Director Age by Quarter
Director Gender
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Annual Data (2012)
The record year for female directors in Redditch was 1860 when 35.7% of all directors were female.
The percentage of female directors in Redditch in 2012 was 36.7%. The average for the UK during this time was 29.9%
Director Gender by Year
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Half Year Data (Jul-Dec 2012)
The record second half year for female directors in Redditch was 1860 when 42.9% of all directors were female.
20.9% of all director appointments in Redditch in the second half of 2012 were female. This compares to a UK average of 25.5% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2012)
The record fourth quarter for female directors in Redditch was in 1977 when 31.2% of all directors were female.
18.8% of all director appointments in Redditch in the fourth quarter of 2012 were female. This compares to a UK average of 25.3% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2011-Dec 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.03% CONSULTING 5.15% J 0.78% MANAGEMENT 4.78% R 0.78% CONSULTANCY 3.31% MEDIA 0.65% PROPERTY 2.40% BUSINESS 0.65% TRADING 2.03% M 0.65% DESIGN 1.86% MEDICAL 0.65% ASSOCIATES 1.82% CONSULTANCY 0.65% ENGINEERING 1.79% GREEN 0.52% BUSINESS 1.76% LOGISTICS 0.52% CONSULTANTS 1.75% ENTERPRISES 0.52% CONSTRUCTION 1.69% ACADEMY 0.52% LONDON 1.69% (MIDLANDS) 0.52% MEDIA 1.69% CONSULTANTS 0.52% GLOBAL 1.59% H 0.52% J 1.57% DEVELOPMENT 0.52% INVESTMENTS 1.46% MARKETING 0.52% IT 1.43% LOCKDOWN 0.52% CARE 1.39% TRAINING 0.52% PROPERTIES 1.34% ENGINEERING 0.52% M 1.26% CREATIVE 0.52% BUILDING 1.23% ELECTRICAL 0.52% ENTERPRISES 1.21% PROPERTY 0.52% TRAINING 1.18% REDDITCH 0.52% ELECTRICAL 1.17% ENDEAVOUR 0.52% SECURITY 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 168 236,139 82990 - Other business support service activities not elsewhere classified 90 52,427 99999 - Dormant Company 55 40,648 74909 - Other professional, scientific and technical activities not elsewhere classified 23 15,572 74990 - Non-trading company 23 13,808 49410 - Freight transport by road 19 5,165 70229 - Management consultancy activities other than financial management 18 30,396 96090 - Other service activities not elsewhere classified 17 22,058 62020 - Information technology consultancy activities 15 23,256 43999 - Other specialised construction activities not elsewhere classified 15 6,419 86900 - Other human health activities 10 7,866 45200 - Maintenance and repair of motor vehicles 10 4,290 62012 - Business and domestic software development 10 7,446 7487 - Other business activities 9 10,703 56302 - Public houses and bars 9 4,543 41100 - Development of building projects 8 7,980 47910 - Retail sale via mail order houses or via Internet 7 6,307 62090 - Other information technology service activities 7 12,291 41202 - Construction of domestic buildings 6 4,882 68209 - Other letting and operating of own or leased real estate 6 6,971
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08275975 HALL FARM MANAGEMENT COMPANY LIMITED 31 Oct 2012 08253035 SPLAT-A LIMITED 15 Oct 2012 08253884 CENTRAL AUTOMATION LTD 15 Oct 2012 08254726 SYNERGY SOLUTIONS & LOGISTICS LIMITED 16 Oct 2012 08255666 JJC AUTOS LTD 16 Oct 2012 08260820 ROCKING RACERS LIMITED 19 Oct 2012 08262841 SYSTEMBOOM LC LIMITED 22 Oct 2012 08275443 KIT'S KITCHEN LTD 31 Oct 2012 08234674 ORTHOMOTION MEDICAL LTD 01 Oct 2012 08235377 BOXFRESH MEDIA LTD. 01 Oct 2012 08235656 CREATIVE SOLUTIONS (WORCS) LTD 01 Oct 2012 08236935 IPG TRADING LTD 02 Oct 2012 08237248 PJJ PROJECTS LIMITED 02 Oct 2012 08237775 SALGLAZE LIMITED 02 Oct 2012 08241871 SURGICRAFT LOCKDOWN LIMITED 05 Oct 2012 08243890 UNIVERSAL GIFTS & TREATS LTD 08 Oct 2012 08252486 SCOTTS ELECTRICAL CONTRACTORS (UK) LTD 15 Oct 2012 08252899 TELCO SSMS LTD 15 Oct 2012 08253061 REDDITCH WEB SOLUTIONS LTD. 15 Oct 2012 08253304 CJRODGERS LTD 15 Oct 2012 08259655 SUSPECT STORE LIMITED 18 Oct 2012 08262514 LGV DRIVE UK LTD 22 Oct 2012 08264353 MANIC INK LIMITED 23 Oct 2012 08270160 THE ALL AMERICAN DINER LIMITED 26 Oct 2012 08275719 E J CARPENTRY LTD 31 Oct 2012
reports
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