Worcester, Worcestershire
2010 Half Year Business Confidence Report
Headlines
- The first half of 2010 saw a new record in company closures in Worcester when compared to any previous first half year.
- The first half of 2010 was a record first half year for company closures in Worcester when compared to any half year in history.
- Q2 2010 saw a new record in company closures in Worcester when compared to any previous Q2.
- Q2 2010 was a record quarter for company closures in Worcester when compared to any quarter in history.
- June 2010 saw a new record in company closures in Worcester when compared to any previous June.
- April 2010 saw a new record in company closures in Worcester when compared to any previous April.
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 a total of 352 companies were formed in Worcester. This figure is 15.0% higher than last year, which compares well to the UK wide figure of 11.9%.
The highest total for a first half year in Worcester occurred in 2007 when a total of 419 were formed.
Half Year (Jan-Jun) Worcester UK 2010 352 203,749 2009 306 182,021 % change 15.0% 11.9% Record Year 2007 (419) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
A total of 156 companies were registered in Worcester during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is a decrease of 3.7% versus the same period last year (Q2 2009). This figure compares badly to the UK as a whole, which saw an increase of 8.4% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Worcester UK 2010 156 98,612 2009 162 90,987 % change -3.7% 8.4% Record Year 2003 (197) 2007 (112,283) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
New Companies by Month
April May June New companies in 2010 48 37 71 New companies in 2009 55 50 57 % change -12.7% -26.0% 24.6% Record Year 2007 (71) 2003 (73) 2000 (74)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2010)
The first half of 2010 saw a new record in company closures in Worcester when compared to any previous first half year.
The first half of 2010 was a record first half year for company closures in Worcester when compared to any half year in history.
In the first half of 2010 a total of 413 companies were dissolved in Worcester. This figure is 19.7% higher than last year, which compares badly to the UK wide change of -38.6%.
The highest total for a first half year in Worcester occurred in 2010 when a total of 413 were closed.
Half Year (Jan-Jun) Worcester UK 2010 413 177,631 2009 345 289,236 % change 19.7% -38.6% Record Year 2010 (413) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Q2 2010 saw a new record in company closures in Worcester when compared to any previous Q2.
Q2 2010 was a record quarter for company closures in Worcester when compared to any quarter in history.
A total of 215 companies were dissolved in Worcester during the second quarter of 2010 (Apr 2010 - Jun 2010).
This figure is an increase of 4.4% versus the same period last year (Q2 2009). This figure compares poorly to the UK as a whole, which saw a decrease of 47.6% against the same period last year.
second quarter (Apr 2010 - Jun 2010) Worcester UK 2010 215 94,954 2009 206 181,176 % change 4.4% -47.6% Record Year 2010 (215) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2010)
June 2010 saw a new record in company closures in Worcester when compared to any previous June.
April 2010 saw a new record in company closures in Worcester when compared to any previous April.
Dissolved Companies by Month
April May June Closed companies in 2010 53 82 80 Closed companies in 2009 40 97 69 % change 32.5% -15.5% 16% Record Year 2010 (53) 2009 (97) 2010 (80)
Net Company Growth
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 the company register for Worcester decreased by 61 companies.
Half Year (Jan-Jun) Worcester UK 2010 -61 26,118 2009 -39 -107,215 Record Year 2003 (275) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
Net company growth for Worcester during the second quarter of 2010 (Apr 2010 - Jun 2010) was -59 companies.
second quarter (Apr 2010 - Jun 2010) Worcester UK 2010 -59 3,658 2009 -44 -90,189 Record Year 2003 (147) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2010)
Net Growth by Month
April May June Net growth in 2010 -5 -45 -9 Net growth in 2009 15 -47 -12 Record Year 2007 (55) 2003 (58) 2003 (49)
UK Company Share
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Half Year Data (Jan-Jun 2010)
In the first half of 2010 Worcester formed 0.2% of all UK companies. This is the same as the 2009 figure of 0.2%.
Half Year (Jan-Jun) Worcester 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1964 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
In the second quarter of 2010, Worcester formed 0.2% of all UK companies.
second quarter (Apr 2010 - Jun 2010) Worcester 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% 2006 0.2% Record Year (since 1960) 1962 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2010)
Company Share by Month
April May June UK formation share in 2010 0.1% 0.1% 0.2% UK formation share in 2009 0.2% 0.2% 0.2% % change -19.7% -29.5% 12.1% Record Year 1966 (0.4%) 1962 (0.5%) 1964 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2010)
The average age of a director in the first half of 2010 was 47.2.
The percentage of directors under the age of 25 was 1.8% compared to the UK figure of 2.1%.
The percentage of directors over the age of 65 was 5.5% compared to the UK figure of 4.7%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The average age of a director in the second quarter of 2010 was 46.7.
The percentage of directors under the age of 25 was 0.8% compared to the UK figure of 2.3%.
The percentage of directors over the age of 65 was 5.9% compared to the UK figure of 4.4%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2010)
The record first half year for female directors in Worcester was 1857 when 40.0% of all directors were female.
28.8% of all director appointments in Worcester in the first half of 2010 were female. This compares to a UK average of 24.9% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2010)
The record second quarter for female directors in Worcester was in 1866 when 66.7% of all directors were female.
27.6% of all director appointments in Worcester in the second quarter of 2010 were female. This compares to a UK average of 25.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2009-Jun 2010)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.33% MANAGEMENT 5.01% (WORCESTER) 1.14% CONSULTING 4.79% CONSULTING 1.05% CONSULTANCY 3.02% CONSULTANCY 0.95% PROPERTY 2.40% WORCESTER 0.95% ASSOCIATES 2.02% ASSOCIATES 0.76% TRADING 2.01% HC 0.76% DESIGN 1.91% MARKETING 0.76% CONSTRUCTION 1.85% CONSULTANTS 0.67% MEDIA 1.80% DEVELOPMENTS 0.67% BUSINESS 1.75% TRADING 0.67% CONSULTANTS 1.71% PROPERTY 0.67% INTERNATIONAL 1.59% ESTATES 0.57% ENGINEERING 1.56% FIRE 0.57% LONDON 1.52% SPORTS 0.57% INVESTMENTS 1.49% CONSTRUCTION 0.57% J 1.46% ENTERPRISES 0.57% CARE 1.41% DESIGN 0.48% GLOBAL 1.39% SYSTEMS 0.48% PROPERTIES 1.35% MEDIA 0.48% BUILDING 1.33% GROUP 0.48% M 1.29% ENGINEERING 0.48% IT 1.28% SOFTWARE 0.48% ELECTRICAL 1.27% BUSINESS 0.48% GROUP 1.25% PRODUCTS 0.38% DEVELOPMENTS 1.25%
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 255 207,125 7487 - Other business activities 88 68,525 82990 - Other business support service activities not elsewhere classified 41 25,942 70229 - Management consultancy activities other than financial management 34 13,490 7414 - Business & management consultancy 33 14,598 9999 - Dormant Company 22 19,842 74990 - Non-trading company 22 7,893 7499 - Non-trading company 22 13,997 68100 - Buying and selling of own real estate 21 2,601 98000 - Residents property management 19 3,540 99999 - Dormant Company 18 14,342 62020 - Information technology consultancy activities 16 8,590 7260 - Other computer related activities 16 9,122 7222 - Other software consultancy and supply 15 8,285 96090 - Other service activities not elsewhere classified 12 7,922 68209 - Other letting and operating of own or leased real estate 11 3,834 5530 - Restaurants 10 4,879 62090 - Other information technology service activities 10 5,854 70100 - Activities of head offices 10 2,912 86900 - Other human health activities 9 3,450
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07282407 LAPNET LIMITED 14 Jun 2010 07282246 CHURCHWARD DEVELOPMENTS LIMITED 14 Jun 2010 07279258 FASTFLIGHT LIMITED 09 Jun 2010 07279132 KEYCHARM LIMITED 09 Jun 2010 07279122 VITALSHOW LIMITED 09 Jun 2010 07278129 HC 1140 LIMITED 09 Jun 2010 07277755 HC 1139 LIMITED 08 Jun 2010 07277706 HC 1138 LIMITED 08 Jun 2010 07276228 HC 1137 LIMITED 07 Jun 2010 07273839 BILFORD HOMES LIMITED 04 Jun 2010 07272335 AMBERANTOM LIMITED 03 Jun 2010 07269648 GOODWIN JONES LIMITED 01 Jun 2010 07268726 RAPID AUTO PAINT LIMITED 01 Jun 2010 07274176 777 CONSULTING LIMITED 04 Jun 2010 07277041 SEMAPHORE EMBEDDED SOFTWARE LIMITED 08 Jun 2010 07296225 SPANNER PRODUCTIONS LIMITED 25 Jun 2010 07296135 GILL MATTHEWS EDUCATION CONSULTANCY LTD 25 Jun 2010 07296029 KEVIN JEFFERY EDUCATION ADVISER LTD 25 Jun 2010 07294795 THE MOVE MASTER LTD. 24 Jun 2010 07288975 PEMBERSTONE RESIDENTIAL LIMITED 18 Jun 2010 07288938 MP REVERSIONS (NO. 11) LIMITED 18 Jun 2010 07288636 NETWORK TELECOMMUNICATIONS LIMITED 18 Jun 2010 07272170 WATTON ASSOCIATES LIMITED 03 Jun 2010 07297671 SUPERCHARGED SITES.COM LTD 28 Jun 2010 07296022 MOBILE-CMM LIMITED 25 Jun 2010
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