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
New Company Registrations
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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) Redditch UK 2013 216 269,432 2012 251 253,150 % change -13.9% 6.4% Record Year 2003 (261) 2007 (279,097) New Companies by Half Year
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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) Redditch UK 2013 99 134,630 2012 100 121,659 % change -1.0% 10.7% Record Year 2008 (121) 2013 (134,630) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
New Companies by Month
April May June New companies in 2013 43 29 27 New companies in 2012 32 36 32 % change 34.4% -19.4% -15.6% Record Year 2008 (46) 2003 (41) 2003 (56)
Closed Companies (dissolved)
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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) Redditch UK 2013 129 155,192 2012 141 147,794 % change -8.5% 5.0% Record Year 2010 (239) 2009 (289,245) Dissolved Companies by Half Year
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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) Redditch UK 2013 61 77,278 2012 74 80,218 % change -17.6% -3.7% Record Year 2009 (122) 2009 (181,179) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2013)
Dissolved Companies by Month
April May June Closed companies in 2013 23 19 19 Closed companies in 2012 25 28 21 % change -8.0% -32.1% -10% Record Year 2010 (28) 2009 (54) 2010 (53)
Net Company Growth
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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) Redditch UK 2013 87 114,240 2012 110 105,356 Record Year 2003 (192) 2007 (171,296) Net Growth by Half Year
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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) Redditch UK 2013 38 57,352 2012 26 41,441 Record Year 2008 (88) 2007 (60,014) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2013)
Net Growth by Month
April May June Net growth in 2013 20 10 8 Net growth in 2012 7 8 11 Record Year 2008 (33) 2003 (34) 2003 (46)
UK Company Share
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1993 (0.1%) Company Share by Half Year
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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 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2008 (0.1%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2013)
Company Share by Month
April May June UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 12.9% -21.7% -23.6% Record Year 1992 (0.2%) 1997 (0.1%) 1991 (0.2%)
Director Age
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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
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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
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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
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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
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Previous 12 months (Jun 2012-Jun 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 0.96% CONSULTING 5.25% R 0.68% MANAGEMENT 4.80% MEDICAL 0.68% CONSULTANCY 3.41% TRAINING 0.68% PROPERTY 2.48% INTERIORS 0.68% TRADING 2.05% BUSINESS 0.68% ENGINEERING 1.81% PROPERTY 0.68% DESIGN 1.79% MANAGEMENT 0.68% LONDON 1.77% CIC 0.68% BUSINESS 1.77% ENGINEERING 0.68% CONSULTANTS 1.68% REDDITCH 0.68% CONSTRUCTION 1.68% CENTRAL 0.68% ASSOCIATES 1.67% MEDIA 0.68% GLOBAL 1.59% SUPPLIES 0.55% MEDIA 1.57% CAR 0.55% CARE 1.55% OTIUM 0.55% J 1.53% SOFTWARE 0.55% INVESTMENTS 1.46% HOMES 0.55% IT 1.40% P 0.55% PROPERTIES 1.40% H 0.55% M 1.26% GREEN 0.55% BUILDING 1.22% PURE 0.41% ELECTRICAL 1.19% DESIGN 0.41% ENTERPRISES 1.18% HOLDINGS 0.41% CAPITAL 1.16% HIRE 0.41% TRAINING 1.16%
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 189 257,517 82990 - Other business support service activities not elsewhere classified 88 54,555 99999 - Dormant Company 66 44,817 74990 - Non-trading company 27 14,303 74909 - Other professional, scientific and technical activities not elsewhere classified 26 17,095 49410 - Freight transport by road 24 6,273 62020 - Information technology consultancy activities 20 25,583 96090 - Other service activities not elsewhere classified 20 24,324 70229 - Management consultancy activities other than financial management 16 33,633 45200 - Maintenance and repair of motor vehicles 13 4,768 62012 - Business and domestic software development 11 8,590 43999 - Other specialised construction activities not elsewhere classified 10 7,212 86900 - Other human health activities 9 8,687 47910 - Retail sale via mail order houses or via Internet 9 7,793 41100 - Development of building projects 8 8,876 56302 - Public houses and bars 8 5,165 43390 - Other building completion and finishing 8 5,253 68209 - Other letting and operating of own or leased real estate 7 7,871 88990 - Other social work activities without accommodation not elsewhere classified 6 3,237 32990 - Other manufacturing not elsewhere classified 6 3,156
Recent Companies
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Randomly selected companies from this quarter
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