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
New Company Registrations
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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) Worcester UK 2011 223 114,512 2010 139 101,492 % change 60.4% 12.8% Record Year 2003 (226) 2011 (114,512) New Companies by Quarter
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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
July August September New companies in 2011 77 63 83 New companies in 2010 48 46 45 % change 60.4% 37.0% 84.4% Record Year 2003 (101) 2000 (91) 2011 (83)
Closed Companies (dissolved)
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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) Worcester UK 2011 115 72,230 2010 206 87,705 % change -44.2% -17.6% Record Year 2010 (206) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Dissolved Companies by Month
July August September Closed companies in 2011 46 35 34 Closed companies in 2010 61 86 59 % change -24.6% -59.3% -42% Record Year 2010 (61) 2010 (86) 2009 (66)
Net Company Growth
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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) Worcester UK 2011 108 42,282 2010 -67 13,787 Record Year 2000 (173) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Net Growth by Month
July August September Net growth in 2011 31 28 49 Net growth in 2010 -13 -40 -14 Record Year 2003 (65) 2000 (73) 2000 (55)
UK Company Share
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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 2011 0.2% 2010 0.1% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1976 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2011)
Company Share by Month
July August September UK formation share in 2011 0.2% 0.2% 0.2% UK formation share in 2010 0.1% 0.1% 0.1% % change 46.8% 15.3% 66.6% Record Year 1975 (0.6%) 1974 (0.8%) 1969 (0.7%)
Director Age
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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
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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
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Previous 12 months (Sep 2010-Sep 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage WORCESTER 1.68% CONSULTING 5.11% CONSULTING 1.28% MANAGEMENT 4.75% PROPERTY 1.20% CONSULTANCY 3.19% MANAGEMENT 1.04% PROPERTY 2.41% CONSULTANCY 0.88% TRADING 2.06% DESIGN 0.80% DESIGN 1.94% CARE 0.72% ASSOCIATES 1.85% GLOBAL 0.72% BUSINESS 1.82% ENTERPRISES 0.72% CONSULTANTS 1.76% CONSTRUCTION 0.72% ENGINEERING 1.74% (WORCESTER) 0.64% MEDIA 1.72% BUSINESS 0.64% CONSTRUCTION 1.72% BUILDING 0.56% LONDON 1.63% ASSOCIATES 0.56% J 1.47% HOUSE 0.48% GLOBAL 1.46% AMENITY 0.48% INVESTMENTS 1.43% MEDIA 0.48% CARE 1.42% C 0.40% IT 1.38% K 0.40% BUILDING 1.30% PGL 0.40% PROPERTIES 1.28% CLOTHING 0.40% ELECTRICAL 1.27% TRAINING 0.40% M 1.25% G 0.40% ENERGY 1.22% PROJECT 0.40% TRAINING 1.21% SCHOOL 0.40% S 1.21%
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 254 204,493 7487 - Other business activities 69 65,177 82990 - Other business support service activities not elsewhere classified 50 29,245 9999 - Dormant Company 38 22,587 99999 - Dormant Company 33 18,281 7499 - Non-trading company 30 11,543 7414 - Business & management consultancy 29 14,755 70229 - Management consultancy activities other than financial management 29 15,760 62020 - Information technology consultancy activities 23 10,137 74990 - Non-trading company 22 8,064 7260 - Other computer related activities 16 8,686 62090 - Other information technology service activities 12 6,798 96090 - Other service activities not elsewhere classified 12 10,018 98000 - Residents property management 10 2,664 7222 - Other software consultancy and supply 10 8,345 4521 - General construction & civil engineering 10 6,321 74909 - Other professional, scientific and technical activities not elsewhere classified 10 7,551 68209 - Other letting and operating of own or leased real estate 10 3,614 68100 - Buying and selling of own real estate 9 2,426 78109 - Other activities of employment placement agencies 9 1,552
Recent Companies
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Randomly selected companies from this quarter
reports
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