Redditch, Worcestershire
2013 Annual 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
- The second half of 2013 saw a new record in company registrations in Redditch when compared to any previous second half year.
- December 2013 saw a new record in company registrations in Redditch when compared to any previous December.
- October 2013 saw a new record in company registrations in Redditch when compared to any previous October.
Contents
New Company Registrations
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Annual Data (2013)
A total of 446 companies were formed in Redditch in 2013. This total is 3.0% higher than in 2012 and compares poorly to the UK figure of a 7.6% growth compared to 491,893 the previous year.
Year Redditch UK 2013 446 529,363 2012 433 491,893 2011 433 452,870 2010 389 400,358 2009 353 362,675 Record Year 2013 (446) 2013 (529,363) New Companies by Year
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Half Year Data (Jul-Dec 2013)
The second half of 2013 saw a new record in company registrations in Redditch when compared to any previous second half year.
In the second half of 2013 a total of 230 companies were formed in Redditch. This figure is 26.4% higher than last year, which compares well to the UK wide figure of 8.9%.
The highest total for a second half year in Redditch occurred in 2013 when a total of 230 were formed.
Half Year (Jul-Dec) Redditch UK 2013 230 259,931 2012 182 238,743 % change 26.4% 8.9% Record Year 2013 (230) 2013 (259,931) New Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 108 companies were registered in Redditch during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 30.1% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 6.1% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Redditch UK 2013 108 127,247 2012 83 119,875 % change 30.1% 6.1% Record Year 2011 (108) 2013 (127,247) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
December 2013 saw a new record in company registrations in Redditch when compared to any previous December.
October 2013 saw a new record in company registrations in Redditch when compared to any previous October.
New Companies by Month
October November December New companies in 2013 46 28 34 New companies in 2012 33 33 17 % change 39.4% -15.2% 100.0% Record Year 2013 (46) 2011 (38) 2013 (34)
Closed Companies (dissolved)
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Annual Data (2013)
A total of 303 companies were dissolved in Redditch in 2013. This total is 0.3% lower than in 2012 and compares unfavourably to the UK figure of 13.1% growth compared to the previous year.
Year Redditch UK 2013 303 332,213 2012 304 293,729 2011 283 314,524 2010 473 342,233 2009 401 533,789 Record Year 2010 (473) 2009 (533,789) Dissolved Companies by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 a total of 174 companies were dissolved in Redditch. This figure is 6.7% higher than last year, which compares well to the UK wide change of 21.3%.
The highest total for a second half year in Redditch occurred in 2010 when a total of 234 were closed.
Half Year (Jul-Dec) Redditch UK 2013 174 177,021 2012 163 145,935 % change 6.7% 21.3% Record Year 2010 (234) 2009 (244,544) Dissolved Companies by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
A total of 84 companies were dissolved in Redditch during the fourth quarter of 2013 (Oct 2013 - Dec 2013).
This figure is an increase of 1.2% versus the same period last year (Q4 2012). This figure compares well to the UK as a whole, which saw an increase of 29.7% against the same period last year.
fourth quarter (Oct 2013 - Dec 2013) Redditch UK 2013 84 90,851 2012 83 70,027 % change 1.2% 29.7% Record Year 2009 (101) 2013 (90,851) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Dissolved Companies by Month
October November December Closed companies in 2013 34 26 24 Closed companies in 2012 45 25 13 % change -24.4% 4.0% 85% Record Year 2012 (45) 2009 (43) 2009 (37)
Net Company Growth
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Annual Data (2013)
A total of 143 companies were added to the company register for Redditch in 2013. This number represents growth of 32.1% in the total number of active companies, which compares unfavourably to the UK figure of 37.2%.
This number is 14 companies higher than the previous year.
The highest net company growth figure ever seen in one year came in 2008 when the Redditch company register grew by 244 companies.
Year Redditch UK 2013 143 197,150 2012 129 198,164 2011 150 138,346 2010 -84 58,125 2009 -48 -171,114 Record Year 2008 (244) 2007 (237,353) Net Growth by Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 the company register for Redditch increased by 56 companies.
Half Year (Jul-Dec) Redditch UK 2013 56 82,910 2012 19 92,808 Record Year 2003 (122) 2003 (117,772) Net Growth by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
Net company growth for Redditch during the fourth quarter of 2013 (Oct 2013 - Dec 2013) was 24 companies.
fourth quarter (Oct 2013 - Dec 2013) Redditch UK 2013 24 36,396 2012 0 49,848 Record Year 2008 (49) 2012 (49,848) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Net Growth by Month
October November December Net growth in 2013 12 2 10 Net growth in 2012 -12 8 4 Record Year 2008 (34) 1995 (17) 1995 (17)
UK Company Share
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Annual Data (2013)
In 2013 Redditch formed 0.1% of all UK companies. This is no change on 2012 when Redditch was responsible for 0.1% of all UK companies.
Year 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 Year
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Half Year Data (Jul-Dec 2013)
In the second half of 2013 Redditch formed 0.1% of all UK companies. This is the same as the 2012 figure of 0.1%.
Half Year (Jul-Dec) 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 (Q4 Oct-Dec 2013)
In the fourth quarter of 2013, Redditch formed 0.1% of all UK companies.
fourth quarter (Oct 2013 - Dec 2013) Redditch 2013 0.1% 2012 0.1% 2011 0.1% 2010 0.1% 2009 0.1% Record Year (since 1960) 1992 (0.1%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2013)
Company Share by Month
October November December UK formation share in 2013 0.1% 0.1% 0.1% UK formation share in 2012 0.1% 0.1% 0.1% % change 29.6% -16.6% 81.7% Record Year 1983 (0.3%) 1990 (0.2%) 1995 (0.2%)
Director Age
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Annual Data (2013)
The average age of a director in 2013 was 43.4.
The percentage of directors under the age of 25 was 3.4% compared to the UK figure of 3.9%.
The percentage of directors over the age of 65 was 3.3% compared to the UK figure of 4.2%.
Director Age by Year
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Half Year Data (Jul-Dec 2013)
The average age of a director in the second half of 2013 was 43.4.
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 4.6% compared to the UK figure of 4.8%.
Director Age by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The average age of a director in the fourth quarter of 2013 was 43.3.
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 4.7% compared to the UK figure of 5.1%.
Director Age by Quarter
Director Gender
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Annual Data (2013)
The record year for female directors in Redditch was 1995 when 40.5% of all directors were female.
The percentage of female directors in Redditch in 2013 was 26.6%. The average for the UK during this time was 26.0%
Director Gender by Year
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Half Year Data (Jul-Dec 2013)
The record second half year for female directors in Redditch was 2005 when 34.9% of all directors were female.
27.0% of all director appointments in Redditch in the second half of 2013 were female. This compares to a UK average of 25.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q4 Oct-Dec 2013)
The record fourth quarter for female directors in Redditch was in 2007 when 37.3% of all directors were female.
28.1% of all director appointments in Redditch in the fourth quarter of 2013 were female. This compares to a UK average of 25.6% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Dec 2012-Dec 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage DESIGN 1.12% CONSULTING 5.22% CONSULTING 0.99% MANAGEMENT 4.72% MANAGEMENT 0.99% CONSULTANCY 3.45% REDDITCH 0.99% PROPERTY 2.59% PROPERTY 0.87% TRADING 2.08% ENGINEERING 0.87% ENGINEERING 1.87% MEDIA 0.62% LONDON 1.86% SOFTWARE 0.50% DESIGN 1.76% MIDLANDS 0.50% CONSTRUCTION 1.73% G 0.50% CARE 1.73% TRANSPORT 0.50% BUSINESS 1.71% BARS 0.50% CONSULTANTS 1.68% P 0.50% GLOBAL 1.58% INTERIORS 0.50% INVESTMENTS 1.56% CARE 0.50% PROPERTIES 1.54% CLOTHING 0.50% ASSOCIATES 1.53% BUILDING 0.50% J 1.51% HEATING 0.50% MEDIA 1.50% ASSOCIATES 0.50% IT 1.35% (REDDITCH) 0.50% DEVELOPMENTS 1.23% TRAINING 0.50% M 1.23% HOLDINGS 0.50% BUILDING 1.21% COMMUNITY 0.37% ELECTRICAL 1.20% INTEREST 0.37% CAPITAL 1.19% BUSINESS 0.37% ENERGY 1.14%
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 197 266,814 82990 - Other business support service activities not elsewhere classified 80 55,342 99999 - Dormant Company 59 46,762 49410 - Freight transport by road 24 7,333 74909 - Other professional, scientific and technical activities not elsewhere classified 23 18,034 74990 - Non-trading company 20 14,223 96090 - Other service activities not elsewhere classified 19 26,001 70229 - Management consultancy activities other than financial management 18 36,164 56302 - Public houses and bars 16 5,503 62020 - Information technology consultancy activities 16 27,183 45200 - Maintenance and repair of motor vehicles 13 4,987 62012 - Business and domestic software development 12 9,360 47910 - Retail sale via mail order houses or via Internet 10 8,879 43999 - Other specialised construction activities not elsewhere classified 9 7,823 69201 - Accounting and auditing activities 8 7,075 41100 - Development of building projects 8 9,485 56101 - Licensed restaurants 7 7,685 32990 - Other manufacturing not elsewhere classified 7 3,340 86900 - Other human health activities 7 9,543 43390 - Other building completion and finishing 7 5,405
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 08724487 SULIS AVIATION LTD 09 Oct 2013 08724515 BLUE MONKEY YT LTD 09 Oct 2013 08718964 ASSURE AUTO LIMITED 04 Oct 2013 08723946 VISIBLE EVENTS LIMITED 08 Oct 2013 08733581 MEDIAR EUROPE LIMITED 15 Oct 2013 08736913 INNER STRENGTH CLOTHING LTD 17 Oct 2013 08745459 PRESTIGE PERFORMANCE VEHICLES LIMITED 23 Oct 2013 08745605 CABBUYER LIMITED 23 Oct 2013 08750460 DESIGN CHIMPS LIMITED 28 Oct 2013 08712866 REPLETE DIGITAL LIMITED 01 Oct 2013 08713147 AMATEUR GOLF TOUR LIMITED 01 Oct 2013 08716964 GUNTECH LIMITED 03 Oct 2013 08721198 VICTORIA BROWN MEDIA LIMITED 07 Oct 2013 08721460 FIDUCIARY CORPORATION LIMITED 07 Oct 2013 08727818 TOMASZ TRANS LIMITED 10 Oct 2013 08728608 HEADGYM LIMITED 11 Oct 2013 08732843 SC HOLIDAY SOLUTIONS LIMITED 15 Oct 2013 08733962 TIGER DELIGHT HOLDINGS LIMITED 15 Oct 2013 08734123 CROWN WEBB LIMITED 16 Oct 2013 08735842 RJR COURIERS LTD 17 Oct 2013 08739424 LP&S (UK) LIMITED 18 Oct 2013 08741384 NICHOLSON CONSULTING LIMITED 21 Oct 2013 08748773 STACRA LTD 25 Oct 2013 08752871 UPPERFIELD 1957 LIMITED 29 Oct 2013 08753998 ACCURAS TECHNICAL LIMITED 30 Oct 2013
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