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

  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 (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)RedditchUK
    2013117134,802
    2012151131,491
    % change-22.5%2.5%
    Record Year 2012 (151) 2007 (166,814)
    New Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    New Companies by Month
    JanuaryFebruaryMarch
    New companies in 2013335034
    New companies in 2012436543
    % change-23.3%-23.1%-20.9%
    Record Year2012 (43)2012 (65)2007 (56)

Closed Companies (dissolved)

  1. 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)RedditchUK
    20136877,914
    20126767,576
    % change1.5%15.3%
    Record Year 2010 (118) 2009 (108,066)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2013232520
    Closed companies in 2012232420
    % change0.0%4.2%0%
    Record Year2011 (37)2010 (42)2009 (58)

Net Company Growth

  1. 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)RedditchUK
    20134956,888
    20128463,915
    Record Year 2012 (84) 2007 (111,282)
    Net Growth by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Net Growth by Month
    JanuaryFebruaryMarch
    Net growth in 2013102514
    Net growth in 2012204123
    Record Year2005 (24)2012 (41)2008 (33)

UK Company Share

  1. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1975 (0.2%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2013)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change-31.2%-23.6%-18.3%
    Record Year1975 (0.5%)1993 (0.2%)1991 (0.3%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2012-Mar 2013)

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.09%CONSULTING5.18%
    TRAINING0.82%MANAGEMENT4.78%
    R0.68%CONSULTANCY3.30%
    BUSINESS0.68%PROPERTY2.44%
    PROPERTY0.68%TRADING2.06%
    OTIUM0.55%DESIGN1.79%
    GREEN0.55%ENGINEERING1.78%
    H0.55%BUSINESS1.77%
    ACADEMY0.55%ASSOCIATES1.75%
    REDDITCH0.55%LONDON1.72%
    J0.55%CONSULTANTS1.71%
    HOMES0.55%CONSTRUCTION1.69%
    MEDICAL0.55%MEDIA1.63%
    CONSULTING0.55%GLOBAL1.57%
    SUPPLIES0.55%J1.56%
    (MIDLANDS)0.55%CARE1.46%
    CENTRAL0.55%IT1.43%
    SOCIAL0.55%INVESTMENTS1.41%
    PARTNERSHIP0.41%PROPERTIES1.36%
    COMMUNITY0.41%M1.25%
    PROFESSIONAL0.41%BUILDING1.21%
    CAFE0.41%ENTERPRISES1.19%
    CENTRE0.41%ELECTRICAL1.18%
    IT0.41%TRAINING1.17%
    PERSONNEL0.41%SECURITY1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied187249,183
    82990 - Other business support service activities not elsewhere classified9354,531
    99999 - Dormant Company6843,384
    74990 - Non-trading company2514,129
    74909 - Other professional, scientific and technical activities not elsewhere classified2516,448
    49410 - Freight transport by road235,834
    96090 - Other service activities not elsewhere classified2123,532
    62020 - Information technology consultancy activities1724,894
    70229 - Management consultancy activities other than financial management1532,624
    43999 - Other specialised construction activities not elsewhere classified146,954
    45200 - Maintenance and repair of motor vehicles114,684
    62012 - Business and domestic software development108,099
    86900 - Other human health activities98,465
    43210 - Electrical installation85,625
    56302 - Public houses and bars84,952
    47910 - Retail sale via mail order houses or via Internet87,199
    68209 - Other letting and operating of own or leased real estate77,507
    41100 - Development of building projects78,637
    62090 - Other information technology service activities712,664
    7487 - Other business activities77,556

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08407323 APEX CAR FINANCE LTD 18 Feb 2013
    08414027 HACKNEY LEISURE LIMITED 21 Feb 2013
    08389884 THE COURTYARD GARDEN CENTRE LIMITED 05 Feb 2013
    08390274 INFINITY GHOST HUNTS LIMITED 05 Feb 2013
    08390792 BADGER'S BEATS LTD 06 Feb 2013
    08392123 B123 LIMITED 07 Feb 2013
    08396055 XPERT SOFTWARE SOLUTIONS LTD 08 Feb 2013
    08397165 WIL-MAC PLUMBING AND HEATING LTD 11 Feb 2013
    08397172 CAPTAIN HOOKAH EXPRESS LIMITED 11 Feb 2013
    08403918 P & G TRADERS LTD 14 Feb 2013
    OC382645 HWL (CHELTENHAM) LLP 19 Feb 2013
    08410529 BE INSPIRED WORLDWIDE LTD 19 Feb 2013
    08422847 REDDITCH VEHICLE SERVICES LIMITED 27 Feb 2013
    08388053 EDC ELECTRONICS LIMITED 04 Feb 2013
    08389480 RENAISSANCE STONE FABRICATION LIMITED 05 Feb 2013
    08390990 PLANET PIZZERIA LIMITED 06 Feb 2013
    08397303 ACE REGGAE CLUB LIMITED 11 Feb 2013
    08400949 IQ INDUSTRIES LTD 13 Feb 2013
    08403743 APOLLO TYING SYSTEMS AND TRAINING SOLUTIONS LIMITED 14 Feb 2013
    08403798 APOLLO SCAFFOLDING TIES LIMITED 14 Feb 2013
    08404378 R Y TECHNOLOGY LIMITED 15 Feb 2013
    08405188 WORLD HARVEST MINISTRY (APOSTOLIC) LTD 15 Feb 2013
    08407548 MPL CONTRACTS LTD 18 Feb 2013
    08410197 SAMUEL TAYLOR GROUP LIMITED 19 Feb 2013
    08412820 NCH TRAINING & LOGISTIC SERVICES LTD 21 Feb 2013