Redditch, Worcestershire

2013 Half Year 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. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 216 companies were formed in Redditch. This figure is 13.9% lower than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Redditch occurred in 2003 when a total of 261 were formed.

    Half Year (Jan-Jun)RedditchUK
    2013216269,432
    2012251253,150
    % change-13.9%6.4%
    Record Year2003 (261)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 99 companies were registered in Redditch during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 1.0% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)RedditchUK
    201399134,630
    2012100121,659
    % change-1.0%10.7%
    Record Year 2008 (121) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    New Companies by Month
    AprilMayJune
    New companies in 2013432927
    New companies in 2012323632
    % change34.4%-19.4%-15.6%
    Record Year2008 (46)2003 (41)2003 (56)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 129 companies were dissolved in Redditch. This figure is 8.5% lower than last year, which compares well to the UK wide change of 5.0%.

    The highest total for a first half year in Redditch occurred in 2010 when a total of 239 were closed.

    Half Year (Jan-Jun)RedditchUK
    2013129155,192
    2012141147,794
    % change-8.5%5.0%
    Record Year2010 (239)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 61 companies were dissolved in Redditch during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is a decrease of 17.6% versus the same period last year (Q2 2012). This figure compares well to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)RedditchUK
    20136177,278
    20127480,218
    % change-17.6%-3.7%
    Record Year 2009 (122) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013231919
    Closed companies in 2012252821
    % change-8.0%-32.1%-10%
    Record Year2010 (28)2009 (54)2010 (53)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Redditch increased by 87 companies.

    Half Year (Jan-Jun)RedditchUK
    201387114,240
    2012110105,356
    Record Year2003 (192)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Redditch during the second quarter of 2013 (Apr 2013 - Jun 2013) was 38 companies.

    second quarter (Apr 2013 - Jun 2013)RedditchUK
    20133857,352
    20122641,441
    Record Year 2008 (88) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    AprilMayJune
    Net growth in 201320108
    Net growth in 20127811
    Record Year2008 (33)2003 (34)2003 (46)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Redditch formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.

    Half Year (Jan-Jun)Redditch
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 1993 (0.1%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, Redditch formed 0.1% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)Redditch
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2008 (0.1%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change12.9%-21.7%-23.6%
    Record Year1992 (0.2%)1997 (0.1%)1991 (0.2%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 43.3.

    The percentage of directors under the age of 25 was 3.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 0.8% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 42.8.

    The percentage of directors under the age of 25 was 2.9% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 1.0% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Redditch was 2007 when 32.4% of all directors were female.

    25.8% of all director appointments in Redditch in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Redditch was in 2006 when 33.8% of all directors were female.

    26.0% of all director appointments in Redditch in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING0.96%CONSULTING5.25%
    R0.68%MANAGEMENT4.80%
    MEDICAL0.68%CONSULTANCY3.41%
    TRAINING0.68%PROPERTY2.48%
    INTERIORS0.68%TRADING2.05%
    BUSINESS0.68%ENGINEERING1.81%
    PROPERTY0.68%DESIGN1.79%
    MANAGEMENT0.68%LONDON1.77%
    CIC0.68%BUSINESS1.77%
    ENGINEERING0.68%CONSULTANTS1.68%
    REDDITCH0.68%CONSTRUCTION1.68%
    CENTRAL0.68%ASSOCIATES1.67%
    MEDIA0.68%GLOBAL1.59%
    SUPPLIES0.55%MEDIA1.57%
    CAR0.55%CARE1.55%
    OTIUM0.55%J1.53%
    SOFTWARE0.55%INVESTMENTS1.46%
    HOMES0.55%IT1.40%
    P0.55%PROPERTIES1.40%
    H0.55%M1.26%
    GREEN0.55%BUILDING1.22%
    PURE0.41%ELECTRICAL1.19%
    DESIGN0.41%ENTERPRISES1.18%
    HOLDINGS0.41%CAPITAL1.16%
    HIRE0.41%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied189257,517
    82990 - Other business support service activities not elsewhere classified8854,555
    99999 - Dormant Company6644,817
    74990 - Non-trading company2714,303
    74909 - Other professional, scientific and technical activities not elsewhere classified2617,095
    49410 - Freight transport by road246,273
    62020 - Information technology consultancy activities2025,583
    96090 - Other service activities not elsewhere classified2024,324
    70229 - Management consultancy activities other than financial management1633,633
    45200 - Maintenance and repair of motor vehicles134,768
    62012 - Business and domestic software development118,590
    43999 - Other specialised construction activities not elsewhere classified107,212
    86900 - Other human health activities98,687
    47910 - Retail sale via mail order houses or via Internet97,793
    41100 - Development of building projects88,876
    56302 - Public houses and bars85,165
    43390 - Other building completion and finishing85,253
    68209 - Other letting and operating of own or leased real estate77,871
    88990 - Other social work activities without accommodation not elsewhere classified63,237
    32990 - Other manufacturing not elsewhere classified63,156

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08469934 REMOTE INTERPRETING LTD 02 Apr 2013
    08471471 HEAVENLY BODIES LIMITED 03 Apr 2013
    08486747 POINT IN TIME CIC 12 Apr 2013
    08488634 PRAXIS ACCOUNTANCY LIMITED 15 Apr 2013
    08497113 GSP MEDIA LIMITED 19 Apr 2013
    08497292 BLAKEDEW 826 LIMITED 22 Apr 2013
    08499818 CHALK FOOD CONSULTING LTD 23 Apr 2013
    08508918 PITCHEROAK DEVELOPMENTS LIMITED 29 Apr 2013
    08470748 ETRACK MEDIA LIMITED 03 Apr 2013
    08470964 DARLASTON AGGREGATES LTD 03 Apr 2013
    08473937 JHG STAGE SERVICES LIMITED 04 Apr 2013
    08474705 VODATA SOLUTIONS LIMITED 05 Apr 2013
    OC384027 PURE ADVICE LLP 05 Apr 2013
    08477617 ASC=BLING LIMITED 08 Apr 2013
    08479637 TERRYS COMPUTER COMPANY LTD 09 Apr 2013
    08482252 SKS LASER PROCESSING LIMITED 10 Apr 2013
    08486190 JJ HURD-ATKINSON INVESTMENTS LIMITED 12 Apr 2013
    08490691 EASTERIDGE LIMITED 16 Apr 2013
    08494333 ADVANCED METAL PRODUCTS LIMITED 18 Apr 2013
    08501629 RENAISSANCE STONE LIMITED 24 Apr 2013
    08501674 SPORTS STARS EDUCATION LIMITED 24 Apr 2013
    08504558 WORCESTER WAR GAMES LIMITED 25 Apr 2013
    08505140 ESL LESSONS LIMITED 25 Apr 2013
    08505576 INTERIORS BY KATE FLETCHER LIMITED 26 Apr 2013
    08506046 CJ & CE CONSULTING LTD 26 Apr 2013