Redditch, Worcestershire
Q1 2015 Business Confidence Report
Headlines
- Q1 2015 saw a new record in company registrations in Redditch when compared to any previous Q1.
- Q1 2015 was a record quarter for company registrations in Redditch when compared to any quarter in history.
- March 2015 saw a new record in company registrations in Redditch when compared to any previous March.
- March 2015 was a record month for company registrations in Redditch when compared to any month in history.
- January 2015 saw a new record in company registrations in Redditch when compared to any previous January.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2015)
Q1 2015 saw a new record in company registrations in Redditch when compared to any previous Q1.
Q1 2015 was a record quarter for company registrations in Redditch when compared to any quarter in history.
A total of 159 companies were registered in Redditch during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 10.4% versus the same period last year (Q1 2014). This figure compares equally to the UK as a whole, which saw an increase of 6.9% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Redditch UK 2015 159 161,156 2014 144 150,722 % change 10.4% 6.9% Record Year 2015 (159) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
March 2015 saw a new record in company registrations in Redditch when compared to any previous March.
March 2015 was a record month for company registrations in Redditch when compared to any month in history.
January 2015 saw a new record in company registrations in Redditch when compared to any previous January.
New Companies by Month
January February March New companies in 2015 46 45 68 New companies in 2014 42 46 56 % change 9.5% -2.2% 21.4% Record Year 2015 (46) 2012 (65) 2015 (68)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2015)
A total of 92 companies were dissolved in Redditch during the first quarter of 2015 (Jan 2015 - Mar 2015).
This figure is an increase of 19.5% versus the same period last year (Q1 2014). This figure compares poorly to the UK as a whole, which saw an increase of 8.7% against the same period last year.
first quarter (Jan 2015 - Mar 2015) Redditch UK 2015 92 89,523 2014 77 82,370 % change 19.5% 8.7% Record Year 2010 (118) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Dissolved Companies by Month
January February March Closed companies in 2015 25 29 38 Closed companies in 2014 25 28 24 % change 0.0% 3.6% 58% Record Year 2011 (37) 2010 (42) 2009 (58)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2015)
Net company growth for Redditch during the first quarter of 2015 (Jan 2015 - Mar 2015) was 67 companies.
first quarter (Jan 2015 - Mar 2015) Redditch UK 2015 67 71,633 2014 67 68,352 Record Year 2012 (84) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Net Growth by Month
January February March Net growth in 2015 21 16 30 Net growth in 2014 17 18 32 Record Year 2005 (24) 2012 (41) 2003 (33)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2015)
In the first quarter of 2015, Redditch formed 0.1% of all UK companies.
first quarter (Jan 2015 - Mar 2015) Redditch 2015 0.1% 2014 0.1% 2013 0.1% 2012 0.1% 2011 0.1% Record Year (since 1960) 1975 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2015)
Company Share by Month
January February March UK formation share in 2015 0.1% 0.1% 0.1% UK formation share in 2014 0.1% 0.1% 0.1% % change 7.5% -9.9% 10.6% Record Year 1975 (0.5%) 1993 (0.2%) 1991 (0.3%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2015)
The average age of a director in the first quarter of 2015 was 43.9.
The percentage of directors under the age of 25 was 5.1% compared to the UK figure of 4.1%.
The percentage of directors over the age of 65 was 4.7% compared to the UK figure of 3.6%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2015)
The record first quarter for female directors in Redditch was in 2007 when 34.3% of all directors were female.
24.5% of all director appointments in Redditch in the first quarter of 2015 were female. This compares to a UK average of 26.4% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2014-Mar 2015)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.27% CONSULTING 5.23% J 1.06% MANAGEMENT 4.56% TRAINING 0.85% CONSULTANCY 3.62% DESIGN 0.74% PROPERTY 2.72% TRANSPORT 0.74% CONSTRUCTION 2.19% PROPERTY 0.74% CARE 2.13% MANAGEMENT 0.64% ENGINEERING 2.12% CONSULTANCY 0.64% LONDON 1.91% INTERIORS 0.64% TRADING 1.88% MAINTENANCE 0.53% TRANSPORT 1.82% P 0.53% ELECTRICAL 1.76% R 0.53% DESIGN 1.65% INSTALLATIONS 0.53% PROPERTIES 1.63% BUILDING 0.53% CO., 1.58% ASTWOOD 0.42% J 1.55% TRANS 0.42% CONSULTANTS 1.54% CONSULTANTS 0.42% BUSINESS 1.49% CLEANING 0.42% INVESTMENTS 1.49% S 0.42% GLOBAL 1.46% ASSOCIATES 0.42% ASSOCIATES 1.44% CONSTRUCTION 0.42% DEVELOPMENTS 1.36% ENGINEERING 0.42% BUILDING 1.31% HEALTHCARE 0.42% IT 1.30% B 0.42% MEDIA 1.28% CLOSE 0.42% M 1.27%
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 213 288,953 82990 - Other business support service activities not elsewhere classified 73 58,522 99999 - Dormant Company 52 49,474 70229 - Management consultancy activities other than financial management 34 43,081 62020 - Information technology consultancy activities 26 30,825 96090 - Other service activities not elsewhere classified 20 29,218 49410 - Freight transport by road 17 12,485 74909 - Other professional, scientific and technical activities not elsewhere classified 15 19,098 74990 - Non-trading company 12 13,794 32990 - Other manufacturing not elsewhere classified 11 3,559 47910 - Retail sale via mail order houses or via Internet 11 10,200 56302 - Public houses and bars 10 6,355 45112 - Sale of used cars and light motor vehicles 10 3,579 96020 - Hairdressing and other beauty treatment 8 6,815 56301 - Licensed clubs 8 561 56101 - Licensed restaurants 8 8,909 86900 - Other human health activities 8 13,990 62012 - Business and domestic software development 8 9,651 45200 - Maintenance and repair of motor vehicles 7 5,392 47990 - Other retail sale not in stores, stalls or markets 7 6,557
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 09376736 ASTWOOD BODY SHOP LIMITED 07 Jan 2015 09381372 MATRIX REIMPRINTING EVENTS LIMITED 09 Jan 2015 09383441 PFJHC LTD 12 Jan 2015 09408058 WAYINVEST LTD 27 Jan 2015 09376111 MUSCLE TREATS LIMITED 06 Jan 2015 09378993 THE PURPLE SON LIMITED 08 Jan 2015 09388118 PHELAN (UK) LIMITED 14 Jan 2015 09389366 CHLORINE DIOXIDE SOLUTIONS TECHNICAL LTD 14 Jan 2015 09402973 AP INTERACTIVE LIMITED 23 Jan 2015 09408291 FANNY ANN LTD 27 Jan 2015 09409237 BLINKING VIOLETS LIMITED 27 Jan 2015 09412667 LAWN AND ORDER GARDEN SERVICES LTD 29 Jan 2015 09413925 REDDIBUILD CONSTRUCTION LIMITED 30 Jan 2015 09415502 DARK MOTH LIMITED 30 Jan 2015 09378729 RTB HAULAGE LIMITED 08 Jan 2015 09383376 JTOL LTD 12 Jan 2015 09388138 DB.THERAPIST LIMITED 14 Jan 2015 09391644 CARBONIA LIMITED 15 Jan 2015 09401055 SUPER BARGAINS ( U) LIMITED 22 Jan 2015 09401777 SDRF CONSULTANCY LIMITED 22 Jan 2015 09404826 PETTON CLOSE 1959 LIMITED 26 Jan 2015 09407659 WIZARD SLEEVE BARS (ESSEX) LIMITED 27 Jan 2015 09409150 SEASONS SECURITY LTD 27 Jan 2015 09411125 BBW TAILIFTS & REPAIRS LTD 28 Jan 2015 09413275 G K INSTALLATIONS LTD 29 Jan 2015
reports
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