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Worcester, Worcestershire

Q3 2011 Business Confidence Report

Headlines

  • September 2011 saw a new record in company registrations in Worcester when compared to any previous September.

Contents

  1. New Company Registrations
  2. Closed Companies (dissolved)
  3. Net Company Growth
  4. UK Company Share
  5. Director Age
  6. Director Gender
  7. Naming Trends
  8. SIC Data
  9. Recent Companies

New Company Registrations

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 223 companies were registered in Worcester during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is an increase of 60.4% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw an increase of 12.8% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)WorcesterUK
    2011223114,512
    2010139101,492
    % change60.4%12.8%
    Record Year 2003 (226) 2011 (114,512)
    New Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    September 2011 saw a new record in company registrations in Worcester when compared to any previous September.

    New Companies by Month
    JulyAugustSeptember
    New companies in 2011776383
    New companies in 2010484645
    % change60.4%37.0%84.4%
    Record Year2003 (101)2000 (91)2011 (83)

Closed Companies (dissolved)

  1. Quarterly Data (Q3 Jul-Sep 2011)

    A total of 115 companies were dissolved in Worcester during the third quarter of 2011 (Jul 2011 - Sep 2011).

    This figure is a decrease of 44.2% versus the same period last year (Q3 2010). This figure compares well to the UK as a whole, which saw a decrease of 17.6% against the same period last year.

    third quarter (Jul 2011 - Sep 2011)WorcesterUK
    201111572,230
    201020687,705
    % change-44.2%-17.6%
    Record Year 2010 (206) 2009 (159,401)
    Dissolved Companies by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Dissolved Companies by Month
    JulyAugustSeptember
    Closed companies in 2011463534
    Closed companies in 2010618659
    % change-24.6%-59.3%-42%
    Record Year2010 (61)2010 (86)2009 (66)

Net Company Growth

  1. Quarterly Data (Q3 Jul-Sep 2011)

    Net company growth for Worcester during the third quarter of 2011 (Jul 2011 - Sep 2011) was 108 companies.

    third quarter (Jul 2011 - Sep 2011)WorcesterUK
    201110842,282
    2010-6713,787
    Record Year 2000 (173) 2003 (60,597)
    Net Growth by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Net Growth by Month
    JulyAugustSeptember
    Net growth in 2011312849
    Net growth in 2010-13-40-14
    Record Year2003 (65)2000 (73)2000 (55)

UK Company Share

  1. Quarterly Data (Q3 Jul-Sep 2011)

    In the third quarter of 2011, Worcester formed 0.2% of all UK companies.

    third quarter (Jul 2011 - Sep 2011)Worcester
    20110.2%
    20100.1%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960) 1976 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jul, Aug & Sep 2011)

    Company Share by Month
    JulyAugustSeptember
    UK formation share in 20110.2%0.2%0.2%
    UK formation share in 20100.1%0.1%0.1%
    % change46.8%15.3%66.6%
    Record Year1975 (0.6%)1974 (0.8%)1969 (0.7%)

Director Age

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The average age of a director in the third quarter of 2011 was 44.3.

    The percentage of directors under the age of 25 was 3.7% compared to the UK figure of 4.0%.

    The percentage of directors over the age of 65 was 4.8% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Quarterly Data (Q3 Jul-Sep 2011)

    The record third quarter for female directors in Worcester was in 1862 when 50.0% of all directors were female.

    30.4% of all director appointments in Worcester in the third quarter of 2011 were female. This compares to a UK average of 26.0% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Sep 2010-Sep 2011)

    Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.

    wordpercentageuk worduk percentage
    WORCESTER1.68%CONSULTING5.11%
    CONSULTING1.28%MANAGEMENT4.75%
    PROPERTY1.20%CONSULTANCY3.19%
    MANAGEMENT1.04%PROPERTY2.41%
    CONSULTANCY0.88%TRADING2.06%
    DESIGN0.80%DESIGN1.94%
    CARE0.72%ASSOCIATES1.85%
    GLOBAL0.72%BUSINESS1.82%
    ENTERPRISES0.72%CONSULTANTS1.76%
    CONSTRUCTION0.72%ENGINEERING1.74%
    (WORCESTER)0.64%MEDIA1.72%
    BUSINESS0.64%CONSTRUCTION1.72%
    BUILDING0.56%LONDON1.63%
    ASSOCIATES0.56%J1.47%
    HOUSE0.48%GLOBAL1.46%
    AMENITY0.48%INVESTMENTS1.43%
    MEDIA0.48%CARE1.42%
    C0.40%IT1.38%
    K0.40%BUILDING1.30%
    PGL0.40%PROPERTIES1.28%
    CLOTHING0.40%ELECTRICAL1.27%
    TRAINING0.40%M1.25%
    G0.40%ENERGY1.22%
    PROJECT0.40%TRAINING1.21%
    SCHOOL0.40%S1.21%

SIC Data

  1. Previous 36 months, excluding companies less than 12 months old

    sic codenumber of companiesuk companies
    None Supplied254204,493
    7487 - Other business activities6965,177
    82990 - Other business support service activities not elsewhere classified5029,245
    9999 - Dormant Company3822,587
    99999 - Dormant Company3318,281
    7499 - Non-trading company3011,543
    7414 - Business & management consultancy2914,755
    70229 - Management consultancy activities other than financial management2915,760
    62020 - Information technology consultancy activities2310,137
    74990 - Non-trading company228,064
    7260 - Other computer related activities168,686
    62090 - Other information technology service activities126,798
    96090 - Other service activities not elsewhere classified1210,018
    98000 - Residents property management102,664
    7222 - Other software consultancy and supply108,345
    4521 - General construction & civil engineering106,321
    74909 - Other professional, scientific and technical activities not elsewhere classified107,551
    68209 - Other letting and operating of own or leased real estate103,614
    68100 - Buying and selling of own real estate92,426
    78109 - Other activities of employment placement agencies91,552

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07761550 BROADHEATH CONSTRUCTION LIMITED 05 Sep 2011
    07767050 CALTAX LIMITED 08 Sep 2011
    07776175 MORRIS ITAL LIMITED 16 Sep 2011
    07779159 AUGUST HOUSE GROUP LIMITED 19 Sep 2011
    07782776 DENTORAL LIMITED 22 Sep 2011
    07789909 HUNTER ROOFING (WORCESTER) LIMITED 28 Sep 2011
    07790583 FIRST SOLUTION TECHNOLOGY GLOBAL LIMITED 28 Sep 2011
    07777216 NEW DESIGN (WORCESTER) LTD 16 Sep 2011
    07784795 PENNY LANE VINTAGE HIRE LTD 23 Sep 2011
    07759191 THE PLOUGH & HARROW (CATSHILL) LIMITED 01 Sep 2011
    07760403 BLACKPEARLETTINGS LIMITED 02 Sep 2011
    07761956 FRUIT TREE FILMS LTD 05 Sep 2011
    07774963 COLOUR COORDINATES LTD 15 Sep 2011
    07780062 LANGHORNE PUB LIMITED 20 Sep 2011
    07760086 TQM SOLUTIONS LIMITED 02 Sep 2011
    07771146 L7 CONSULTING LIMITED 13 Sep 2011
    07776567 SPRINTERS COURIERS LIMITED 16 Sep 2011
    07778408 ENFILADE SYSTEMS LIMITED 19 Sep 2011
    07785286 ARX STUDIO LTD 23 Sep 2011
    07786809 ARX HOSTING LTD 26 Sep 2011
    07772227 PERIOD ENTERPRISES LIMITED 13 Sep 2011
    07778150 KNIGHT PROJECT MANAGEMENT CONSULTANCY LTD 19 Sep 2011
    07790010 PY MANAGEMENT AND CONSULTANCY LIMITED 28 Sep 2011
    07762964 TALTEK TECHNICAL SERVICES LTD 05 Sep 2011
    07779527 KATE PRICE & CO ACCOUNTANTS LTD 20 Sep 2011