Redditch, Worcestershire
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 117 companies were registered in Redditch during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is a decrease of 22.5% versus the same period last year (Q1 2012). This figure compares badly to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Redditch UK 2013 117 134,802 2012 151 131,491 % change -22.5% 2.5% Record Year 2012 (151) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
New Companies by Month
January February March New companies in 2013 33 50 34 New companies in 2012 43 65 43 % change -23.3% -23.1% -20.9% Record Year 2012 (43) 2012 (65) 2007 (56)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 68 companies were dissolved in Redditch during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 1.5% versus the same period last year (Q1 2012). This figure compares well to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Redditch UK 2013 68 77,914 2012 67 67,576 % change 1.5% 15.3% Record Year 2010 (118) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Dissolved Companies by Month
January February March Closed companies in 2013 23 25 20 Closed companies in 2012 23 24 20 % change 0.0% 4.2% 0% Record Year 2011 (37) 2010 (42) 2009 (58)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Redditch during the first quarter of 2013 (Jan 2013 - Mar 2013) was 49 companies.
first quarter (Jan 2013 - Mar 2013) Redditch UK 2013 49 56,888 2012 84 63,915 Record Year 2012 (84) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 10 25 14 Net growth in 2012 20 41 23 Record Year 2005 (24) 2012 (41) 2008 (33)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Redditch formed 0.1% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Redditch 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change -31.2% -23.6% -18.3% Record Year 1975 (0.5%) 1993 (0.2%) 1991 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 45.5.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Redditch was in 2007 when 34.3% of all directors were female.
25.0% of all director appointments in Redditch in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.09% CONSULTING 5.18% TRAINING 0.82% MANAGEMENT 4.78% R 0.68% CONSULTANCY 3.30% BUSINESS 0.68% PROPERTY 2.44% PROPERTY 0.68% TRADING 2.06% OTIUM 0.55% DESIGN 1.79% GREEN 0.55% ENGINEERING 1.78% H 0.55% BUSINESS 1.77% ACADEMY 0.55% ASSOCIATES 1.75% REDDITCH 0.55% LONDON 1.72% J 0.55% CONSULTANTS 1.71% HOMES 0.55% CONSTRUCTION 1.69% MEDICAL 0.55% MEDIA 1.63% CONSULTING 0.55% GLOBAL 1.57% SUPPLIES 0.55% J 1.56% (MIDLANDS) 0.55% CARE 1.46% CENTRAL 0.55% IT 1.43% SOCIAL 0.55% INVESTMENTS 1.41% PARTNERSHIP 0.41% PROPERTIES 1.36% COMMUNITY 0.41% M 1.25% PROFESSIONAL 0.41% BUILDING 1.21% CAFE 0.41% ENTERPRISES 1.19% CENTRE 0.41% ELECTRICAL 1.18% IT 0.41% TRAINING 1.17% PERSONNEL 0.41% SECURITY 1.15%
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 187 249,183 82990 - Other business support service activities not elsewhere classified 93 54,531 99999 - Dormant Company 68 43,384 74990 - Non-trading company 25 14,129 74909 - Other professional, scientific and technical activities not elsewhere classified 25 16,448 49410 - Freight transport by road 23 5,834 96090 - Other service activities not elsewhere classified 21 23,532 62020 - Information technology consultancy activities 17 24,894 70229 - Management consultancy activities other than financial management 15 32,624 43999 - Other specialised construction activities not elsewhere classified 14 6,954 45200 - Maintenance and repair of motor vehicles 11 4,684 62012 - Business and domestic software development 10 8,099 86900 - Other human health activities 9 8,465 43210 - Electrical installation 8 5,625 56302 - Public houses and bars 8 4,952 47910 - Retail sale via mail order houses or via Internet 8 7,199 68209 - Other letting and operating of own or leased real estate 7 7,507 41100 - Development of building projects 7 8,637 62090 - Other information technology service activities 7 12,664 7487 - Other business activities 7 7,556
Recent Companies
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Randomly selected companies from this quarter
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