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

  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 (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)RedditchUK
    2013122132,684
    201299118,868
    % change23.2%11.6%
    Record Year 2013 (122) 2013 (132,684)
    New Companies by Quarter
  2. 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
    JulyAugustSeptember
    New companies in 2013444434
    New companies in 2012313335
    % change41.9%33.3%-2.9%
    Record Year2013 (44)2007 (47)2011 (43)

Closed Companies (dissolved)

  1. 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)RedditchUK
    20139086,170
    20128075,908
    % change12.5%13.5%
    Record Year 2010 (144) 2009 (159,405)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2013212643
    Closed companies in 2012282725
    % change-25.0%-3.7%72%
    Record Year2010 (36)2010 (71)2009 (45)

Net Company Growth

  1. 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)RedditchUK
    20133246,514
    20121942,960
    Record Year 2007 (63) 2013 (46,514)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 20132318-9
    Net growth in 20123610
    Record Year2008 (32)2003 (24)2002 (31)

UK Company Share

  1. 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
    20130.1%
    20120.1%
    20110.1%
    20100.1%
    20090.1%
    Record Year (since 1960) 2007 (0.1%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2013)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.1%0.1%
    % change26.9%22.3%-14.8%
    Record Year1993 (0.2%)2007 (0.2%)2006 (0.1%)

Director Age

  1. 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

  1. 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

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

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

    wordpercentageuk worduk percentage
    MANAGEMENT1.03%CONSULTING5.27%
    CONSULTING0.90%MANAGEMENT4.75%
    ENGINEERING0.90%CONSULTANCY3.45%
    REDDITCH0.77%PROPERTY2.53%
    PROPERTY0.77%TRADING2.08%
    DESIGN0.77%ENGINEERING1.83%
    LOGISTICS0.64%LONDON1.79%
    MEDIA0.64%DESIGN1.78%
    P0.51%BUSINESS1.74%
    G0.51%CONSTRUCTION1.70%
    TRAINING0.51%CONSULTANTS1.69%
    TRANSPORT0.51%CARE1.64%
    MARKETING0.51%ASSOCIATES1.61%
    BUILDING0.51%GLOBAL1.59%
    CENTRAL0.51%J1.54%
    CIC0.51%MEDIA1.54%
    INTERIORS0.51%INVESTMENTS1.53%
    CAR0.51%PROPERTIES1.45%
    MEDICAL0.51%IT1.39%
    SOFTWARE0.51%M1.25%
    CONSULTANTS0.51%ELECTRICAL1.20%
    BUSINESS0.51%BUILDING1.19%
    J0.51%CAPITAL1.19%
    HIRE0.51%DEVELOPMENTS1.16%
    TRADING0.51%TRAINING1.15%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied195260,135
    82990 - Other business support service activities not elsewhere classified8354,854
    99999 - Dormant Company6446,169
    74909 - Other professional, scientific and technical activities not elsewhere classified2517,715
    49410 - Freight transport by road246,904
    74990 - Non-trading company2314,228
    70229 - Management consultancy activities other than financial management1934,970
    62020 - Information technology consultancy activities1826,675
    96090 - Other service activities not elsewhere classified1825,547
    56302 - Public houses and bars165,437
    45200 - Maintenance and repair of motor vehicles134,955
    62012 - Business and domestic software development129,104
    43999 - Other specialised construction activities not elsewhere classified107,590
    47910 - Retail sale via mail order houses or via Internet108,475
    43390 - Other building completion and finishing95,382
    41100 - Development of building projects99,271
    86900 - Other human health activities89,203
    68209 - Other letting and operating of own or leased real estate78,312
    69201 - Accounting and auditing activities76,979
    32990 - Other manufacturing not elsewhere classified73,323

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08656465 AJ HOSPITALITY MANAGEMENT LIMITED 19 Aug 2013
    08641887 RIGHT WORD COMMS LTD 07 Aug 2013
    08643495 PJR BUDS LIMITED 08 Aug 2013
    08644137 MY FOREVER HOME ANIMAL RESCUE (MFH) LTD 09 Aug 2013
    08647767 NICHE FREIGHT LTD 13 Aug 2013
    08664871 GYM VILLAIN LIMITED 27 Aug 2013
    08665186 DF INTERIOR DESIGN LTD 27 Aug 2013
    08667252 COOLTEMP HIRE SOLUTIONS LIMITED 28 Aug 2013
    08633016 NETWORKS COMMUNICATION LIMITED 01 Aug 2013
    08633484 ORCUS INVESTMENT LIMITED 01 Aug 2013
    08635492 JAMES SMITH CARS LIMITED 02 Aug 2013
    08637577 WIZARD SLEEVE PIZZAS LIMITED 05 Aug 2013
    08639296 LZT LTD 06 Aug 2013
    08642764 WATCH LEARN DRIVE.COM LTD 08 Aug 2013
    08644027 METALLURGICAL & TECHNICAL SERVICES LIMITED 08 Aug 2013
    08647032 BRUMJEWELLERY LIMITED 12 Aug 2013
    08653277 B WEBB SERVICES LIMITED 16 Aug 2013
    08655557 WIZARD SLEEVE BARS (SOUTHEND) LIMITED 19 Aug 2013
    08657093 EURO PSS LIMITED 20 Aug 2013
    08657249 CLIENT MEDIATION SERVICES LTD 20 Aug 2013
    08657646 NORTH WESTERN CAB CARE LIMITED 20 Aug 2013
    08658503 ARMOURED FILMS LTD 21 Aug 2013
    08659214 ASTON & SONS FAMILY FUNERAL DIRECTORS LIMITED 21 Aug 2013
    08660558 CODEGEM LIMITED 22 Aug 2013
    08668858 VAN4YOU LIMITED 29 Aug 2013