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
    08698774 CROWNS & CORONETS LIMITED 20 Sep 2013
    08675535 AVON ESTATES PROPERTY LIMITED 04 Sep 2013
    08675964 DOMAREL LIMITED 04 Sep 2013
    08679548 CRAFTY RABBIT LIMITED 06 Sep 2013
    08682090 SPACE STRUCTURES LTD 09 Sep 2013
    08688435 MTB CONSTRUCTION LTD 12 Sep 2013
    08702668 ASJ PAT TESTING LIMITED 23 Sep 2013
    08703275 EMPAW LIMITED 24 Sep 2013
    08704034 HALES PROPERTY MANAGEMENT LIMITED 24 Sep 2013
    08705343 OPTIMA HEALTH LTD 25 Sep 2013
    08670740 THE CREATE A SPACE BUILDING COMPANY LIMITED 02 Sep 2013
    08673867 RAS COMMERCIAL LIMITED 03 Sep 2013
    08674365 MJT PROPERTY SERVICES AND CONSTRUCTION LIMITED 03 Sep 2013
    08689569 O'NESSY'S LTD 13 Sep 2013
    08691070 VIVO ESTATES LIMITED 16 Sep 2013
    08692777 KMW CATERING SERVICES LIMITED 17 Sep 2013
    08693056 ONSIDE TRADING LIMITED 17 Sep 2013
    08700129 CITY WATER HYGIENE SERVICES LIMITED 20 Sep 2013
    08701462 CAULSTONE BARS LIMITED 23 Sep 2013
    08703655 PANTHERA TRANSPORT LTD 24 Sep 2013
    08705036 MIDLANDS WATER HYGIENE LIMITED 25 Sep 2013
    08706772 NET MEDIA MARKETING LTD 26 Sep 2013
    08709953 THORNBURY EXECUTIVE CHAUFFEURS LIMITED 30 Sep 2013
    08710532 MIDLAND AUTO SPARES LTD 30 Sep 2013
    08711194 ADMIRAL PLAYCENTRES LIMITED 30 Sep 2013