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
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07616472 RELATIVE STRENGTH C.I.C. 27 Apr 2011 07606311 R MACKINNON CONSULTANCY LTD 15 Apr 2011 07599856 HERTFORDSHIRE SPORTS HOLDINGS LIMITED 11 Apr 2011 07589942 GP STEPHENSON LTD 04 Apr 2011 OC363691 KELLNER BROWN LLP 11 Apr 2011 07608764 TACCOM LIMITED 19 Apr 2011 07603316 ACCESSACA LIMITED 13 Apr 2011 07600337 THE NEO-GOTH FELLOWSHIP LTD 12 Apr 2011 07616385 G59 PANELS LIMITED 27 Apr 2011 07615614 BE SMART NOT WASTEFUL LIMITED 27 Apr 2011 07590424 BEARD CREATIVE LIMITED 04 Apr 2011 07615543 WOOLVEN CONSULTING SERVICES LIMITED 27 Apr 2011 07615272 LSE LIGHTING LIMITED 27 Apr 2011 07595662 JBABKA INSPECTIONS LTD 07 Apr 2011 07613103 PROPERTY SUPERMARKET INCORPORATION LIMITED 21 Apr 2011 07611950 KOI-DIGITAL LIMITED 21 Apr 2011 07599868 ALLWAYS SCAFFOLDING LIMITED 11 Apr 2011 07591466 SUBTONE LTD 05 Apr 2011 07597608 VALE ASPARAGUS LIMITED 08 Apr 2011 07594717 999 MANAGEMENT LTD 06 Apr 2011 07590335 ATELIER FLOORS LIMITED 04 Apr 2011 07591528 JORLAN LTD 05 Apr 2011 07592536 FURNACE FEED SYSTEMS LIMITED 05 Apr 2011 07588982 FIRST PHASE SOLUTIONS LIMITED 04 Apr 2011 07600179 WORCESTER PODIATRY LIMITED 11 Apr 2011
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