Redditch, Worcestershire
Q3 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.
Headlines
- Q3 2013 saw a new record in company registrations in Redditch when compared to any previous Q3.
- July 2013 saw a new record in company registrations in Redditch when compared to any previous July.
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2013)
Q3 2013 saw a new record in company registrations in Redditch when compared to any previous Q3.
A total of 122 companies were registered in Redditch during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 23.2% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 11.6% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Redditch UK 2013 122 132,684 2012 99 118,868 % change 23.2% 11.6% Record Year 2013 (122) 2013 (132,684) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
July 2013 saw a new record in company registrations in Redditch when compared to any previous July.
New Companies by Month
July August September New companies in 2013 44 44 34 New companies in 2012 31 33 35 % change 41.9% 33.3% -2.9% Record Year 2013 (44) 2007 (47) 2011 (43)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2013)
A total of 90 companies were dissolved in Redditch during the third quarter of 2013 (Jul 2013 - Sep 2013).
This figure is an increase of 12.5% versus the same period last year (Q3 2012). This figure compares well to the UK as a whole, which saw an increase of 13.5% against the same period last year.
third quarter (Jul 2013 - Sep 2013) Redditch UK 2013 90 86,170 2012 80 75,908 % change 12.5% 13.5% Record Year 2010 (144) 2009 (159,405) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Dissolved Companies by Month
July August September Closed companies in 2013 21 26 43 Closed companies in 2012 28 27 25 % change -25.0% -3.7% 72% Record Year 2010 (36) 2010 (71) 2009 (45)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2013)
Net company growth for Redditch during the third quarter of 2013 (Jul 2013 - Sep 2013) was 32 companies.
third quarter (Jul 2013 - Sep 2013) Redditch UK 2013 32 46,514 2012 19 42,960 Record Year 2007 (63) 2013 (46,514) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Net Growth by Month
July August September Net growth in 2013 23 18 -9 Net growth in 2012 3 6 10 Record Year 2008 (32) 2003 (24) 2002 (31)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2013)
In the third quarter of 2013, Redditch formed 0.1% of all UK companies.
third quarter (Jul 2013 - Sep 2013) Redditch 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 2007 (0.1%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2013)
Company Share by Month
July August September UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 26.9% 22.3% -14.8% Record Year 1993 (0.2%) 2007 (0.2%) 2006 (0.1%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2013)
The average age of a director in the third quarter of 2013 was 43.5.
The percentage of directors under the age of 25 was 3.6% compared to the UK figure of 3.7%.
The percentage of directors over the age of 65 was 4.5% compared to the UK figure of 4.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2013)
The record third quarter for female directors in Redditch was in 2005 when 37.0% of all directors were female.
25.9% of all director appointments in Redditch in the third quarter of 2013 were female. This compares to a UK average of 26.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Sep 2012-Sep 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.03% CONSULTING 5.27% CONSULTING 0.90% MANAGEMENT 4.75% ENGINEERING 0.90% CONSULTANCY 3.45% REDDITCH 0.77% PROPERTY 2.53% PROPERTY 0.77% TRADING 2.08% DESIGN 0.77% ENGINEERING 1.83% LOGISTICS 0.64% LONDON 1.79% MEDIA 0.64% DESIGN 1.78% P 0.51% BUSINESS 1.74% G 0.51% CONSTRUCTION 1.70% TRAINING 0.51% CONSULTANTS 1.69% TRANSPORT 0.51% CARE 1.64% MARKETING 0.51% ASSOCIATES 1.61% BUILDING 0.51% GLOBAL 1.59% CENTRAL 0.51% J 1.54% CIC 0.51% MEDIA 1.54% INTERIORS 0.51% INVESTMENTS 1.53% CAR 0.51% PROPERTIES 1.45% MEDICAL 0.51% IT 1.39% SOFTWARE 0.51% M 1.25% CONSULTANTS 0.51% ELECTRICAL 1.20% BUSINESS 0.51% BUILDING 1.19% J 0.51% CAPITAL 1.19% HIRE 0.51% DEVELOPMENTS 1.16% TRADING 0.51% TRAINING 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 195 260,135 82990 - Other business support service activities not elsewhere classified 83 54,854 99999 - Dormant Company 64 46,169 74909 - Other professional, scientific and technical activities not elsewhere classified 25 17,715 49410 - Freight transport by road 24 6,904 74990 - Non-trading company 23 14,228 70229 - Management consultancy activities other than financial management 19 34,970 62020 - Information technology consultancy activities 18 26,675 96090 - Other service activities not elsewhere classified 18 25,547 56302 - Public houses and bars 16 5,437 45200 - Maintenance and repair of motor vehicles 13 4,955 62012 - Business and domestic software development 12 9,104 43999 - Other specialised construction activities not elsewhere classified 10 7,590 47910 - Retail sale via mail order houses or via Internet 10 8,475 43390 - Other building completion and finishing 9 5,382 41100 - Development of building projects 9 9,271 86900 - Other human health activities 8 9,203 68209 - Other letting and operating of own or leased real estate 7 8,312 69201 - Accounting and auditing activities 7 6,979 32990 - Other manufacturing not elsewhere classified 7 3,323
Recent Companies
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Randomly selected companies from this quarter
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