Worcester, Worcestershire
2011 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 362 companies were formed in Worcester. This figure is 2.8% higher than last year, which compares badly to the UK wide figure of 12.3%.
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 2011 362 228,735 2010 352 203,749 % change 2.8% 12.3% Record Year 2007 (419) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 179 companies were registered in Worcester during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is an increase of 14.7% versus the same period last year (Q2 2010). This figure compares equally to the UK as a whole, which saw an increase of 13.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Worcester UK 2011 179 112,344 2010 156 98,612 % change 14.7% 13.9% Record Year 2003 (197) 2011 (112,344) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
New Companies by Month
April May June New companies in 2011 47 63 69 New companies in 2010 48 37 71 % change -2.1% 70.3% -2.8% Record Year 2007 (71) 2003 (73) 2000 (74)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 a total of 300 companies were dissolved in Worcester. This figure is 27.4% lower than last year, which compares well to the UK wide change of -8.6%.
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 2011 300 162,310 2010 413 177,631 % change -27.4% -8.6% Record Year 2010 (413) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
A total of 139 companies were dissolved in Worcester during the second quarter of 2011 (Apr 2011 - Jun 2011).
This figure is a decrease of 35.3% versus the same period last year (Q2 2010). This figure compares well to the UK as a whole, which saw a decrease of 24.9% against the same period last year.
second quarter (Apr 2011 - Jun 2011) Worcester UK 2011 139 71,324 2010 215 94,954 % change -35.3% -24.9% Record Year 2010 (215) 2009 (181,176) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2011)
Dissolved Companies by Month
April May June Closed companies in 2011 34 56 49 Closed companies in 2010 53 82 80 % change -35.8% -31.7% -39% Record Year 2010 (53) 2009 (97) 2010 (80)
Net Company Growth
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 the company register for Worcester increased by 62 companies.
Half Year (Jan-Jun) Worcester UK 2011 62 66,425 2010 -61 26,118 Record Year 2003 (275) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
Net company growth for Worcester during the second quarter of 2011 (Apr 2011 - Jun 2011) was 40 companies.
second quarter (Apr 2011 - Jun 2011) Worcester UK 2011 40 41,020 2010 -59 3,658 Record Year 2003 (147) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2011)
Net Growth by Month
April May June Net growth in 2011 13 7 20 Net growth in 2010 -5 -45 -9 Record Year 2007 (55) 2003 (58) 2003 (49)
UK Company Share
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Half Year Data (Jan-Jun 2011)
In the first half of 2011 Worcester formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.
Half Year (Jan-Jun) Worcester 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1964 (0.4%) Company Share by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
In the second quarter of 2011, Worcester formed 0.2% of all UK companies.
second quarter (Apr 2011 - Jun 2011) Worcester 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1962 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2011)
Company Share by Month
April May June UK formation share in 2011 0.1% 0.2% 0.2% UK formation share in 2010 0.1% 0.1% 0.2% % change -5.2% 34.1% -13.9% Record Year 1966 (0.4%) 1962 (0.5%) 1964 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2011)
The average age of a director in the first half of 2011 was 46.6.
The percentage of directors under the age of 25 was 3.9% compared to the UK figure of 3.2%.
The percentage of directors over the age of 65 was 7.0% compared to the UK figure of 4.3%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The average age of a director in the second quarter of 2011 was 47.1.
The percentage of directors under the age of 25 was 2.8% compared to the UK figure of 3.4%.
The percentage of directors over the age of 65 was 7.2% compared to the UK figure of 4.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2011)
The record first half year for female directors in Worcester was 1861 when 40.0% of all directors were female.
28.6% of all director appointments in Worcester in the first half of 2011 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2011)
The record second quarter for female directors in Worcester was in 1866 when 66.7% of all directors were female.
30.6% of all director appointments in Worcester in the second quarter of 2011 were female. This compares to a UK average of 26.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2010-Jun 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage WORCESTER 1.61% CONSULTING 5.09% MANAGEMENT 1.34% MANAGEMENT 4.86% PROPERTY 1.07% CONSULTANCY 3.17% CARE 0.89% PROPERTY 2.43% CONSULTING 0.89% TRADING 2.05% CONSTRUCTION 0.80% DESIGN 1.94% DESIGN 0.80% ASSOCIATES 1.92% ASSOCIATES 0.80% BUSINESS 1.87% BUSINESS 0.71% CONSTRUCTION 1.77% CONSULTANCY 0.71% CONSULTANTS 1.76% M 0.63% MEDIA 1.73% ENGINEERING 0.54% ENGINEERING 1.67% BUILDING 0.54% LONDON 1.60% HC 0.54% GLOBAL 1.46% CATERING 0.54% J 1.44% HOLDINGS 0.54% CARE 1.44% MARKETING 0.54% INVESTMENTS 1.42% AMENITY 0.54% IT 1.39% ENTERPRISES 0.54% BUILDING 1.32% K 0.45% PROPERTIES 1.31% DEVELOPMENTS 0.45% ELECTRICAL 1.30% CONSULTANTS 0.45% M 1.27% (WORCESTER) 0.45% S 1.23% TRADING 0.45% ENTERPRISES 1.20% HOME 0.45% SYSTEMS 1.20%
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 252 202,072 7487 - Other business activities 61 60,758 82990 - Other business support service activities not elsewhere classified 52 30,647 99999 - Dormant Company 34 18,918 7499 - Non-trading company 33 10,955 9999 - Dormant Company 31 20,111 70229 - Management consultancy activities other than financial management 30 16,419 7414 - Business & management consultancy 25 13,053 62020 - Information technology consultancy activities 23 10,545 74990 - Non-trading company 23 8,481 7260 - Other computer related activities 15 7,849 96090 - Other service activities not elsewhere classified 12 10,322 62090 - Other information technology service activities 12 7,095 70100 - Activities of head offices 11 2,632 86900 - Other human health activities 11 4,154 7222 - Other software consultancy and supply 10 7,143 98000 - Residents property management 10 2,888 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,835 68209 - Other letting and operating of own or leased real estate 10 3,790 68100 - Buying and selling of own real estate 9 2,543
Recent Companies
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Randomly selected companies from this quarter
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