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Worcester, Worcestershire

2011 Annual Business Confidence Report

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. Annual Data (2011)

    A total of 758 companies were formed in Worcester in 2011. This total is 15.9% higher than in 2010 and compares favourably to the UK figure of a 13.1% growth compared to 400,358 the previous year.

    YearWorcesterUK
    2011758452,870
    2010654400,358
    2009563362,675
    2008585349,203
    2007712457,649
    Record Year2003 (804)2007 (457,649)
    New Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 396 companies were formed in Worcester. This figure is 31.1% higher than last year, which compares well to the UK wide figure of 14.0%.

    The highest total for a second half year in Worcester occurred in 2003 when a total of 407 were formed.

    Half Year (Jul-Dec)WorcesterUK
    2011396224,135
    2010302196,609
    % change31.1%14.0%
    Record Year2003 (407)2011 (224,135)
    New Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 173 companies were registered in Worcester during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 6.1% versus the same period last year (Q4 2010). This figure compares badly to the UK as a whole, which saw an increase of 15.3% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WorcesterUK
    2011173109,623
    201016395,117
    % change6.1%15.3%
    Record Year 2003 (181) 2011 (109,623)
    New Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    New Companies by Month
    OctoberNovemberDecember
    New companies in 2011635555
    New companies in 2010526051
    % change21.2%-8.3%7.8%
    Record Year2003 (74)2002 (74)2005 (59)

Closed Companies (dissolved)

  1. Annual Data (2011)

    A total of 554 companies were dissolved in Worcester in 2011. This total is 24.0% lower than in 2010 and compares unfavourably to the UK figure of 8.1% decrease compared to the previous year.

    YearWorcesterUK
    2011554314,523
    2010729342,232
    2009656533,773
    2008327237,901
    2007306220,295
    Record Year2010 (729)2009 (533,773)
    Dissolved Companies by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 a total of 254 companies were dissolved in Worcester. This figure is 19.6% lower than last year, which compares well to the UK wide change of -7.5%.

    The highest total for a second half year in Worcester occurred in 2010 when a total of 316 were closed.

    Half Year (Jul-Dec)WorcesterUK
    2011254152,213
    2010316164,601
    % change-19.6%-7.5%
    Record Year2010 (316)2009 (244,537)
    Dissolved Companies by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    A total of 139 companies were dissolved in Worcester during the fourth quarter of 2011 (Oct 2011 - Dec 2011).

    This figure is an increase of 26.4% versus the same period last year (Q4 2010). This figure compares poorly to the UK as a whole, which saw an increase of 4.0% against the same period last year.

    fourth quarter (Oct 2011 - Dec 2011)WorcesterUK
    201113979,983
    201011076,896
    % change26.4%4.0%
    Record Year 2009 (169) 2009 (85,136)
    Dissolved Companies by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Dissolved Companies by Month
    OctoberNovemberDecember
    Closed companies in 2011365548
    Closed companies in 2010404327
    % change-10.0%27.9%78%
    Record Year2009 (48)2005 (60)2009 (67)

Net Company Growth

  1. Annual Data (2011)

    A total of 204 companies were added to the company register for Worcester in 2011. This number represents growth of 31.2% in the total number of active companies, which compares unfavourably to the UK figure of 34.6%.

    This number is 279 companies higher than the previous year.

    The highest net company growth figure ever seen in one year came in 2003 when the Worcester company register grew by 530 companies.

    YearWorcesterUK
    2011204138,347
    2010-7558,126
    2009-93-171,098
    2008258111,302
    2007406237,354
    Record Year2003 (530)2003 (242,543)
    Net Growth by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 the company register for Worcester increased by 142 companies.

    Half Year (Jul-Dec)WorcesterUK
    201114271,922
    2010-1432,008
    Record Year2000 (277)2003 (117,772)
    Net Growth by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    Net company growth for Worcester during the fourth quarter of 2011 (Oct 2011 - Dec 2011) was 34 companies.

    fourth quarter (Oct 2011 - Dec 2011)WorcesterUK
    20113429,640
    20105318,221
    Record Year 2003 (116) 2003 (57,175)
    Net Growth by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Net Growth by Month
    OctoberNovemberDecember
    Net growth in 20112707
    Net growth in 2010121724
    Record Year2003 (53)2000 (52)2003 (41)

UK Company Share

  1. Annual Data (2011)

    In 2011 Worcester formed 0.2% of all UK companies. This is no change on 2010 when Worcester was responsible for 0.2% of all UK companies.

    YearWorcester
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    20070.2%
    Record Year (since 1960)1975 (0.3%)
    Company Share by Year
  2. Half Year Data (Jul-Dec 2011)

    In the second half of 2011 Worcester formed 0.2% of all UK companies. This is the same as the 2010 figure of 0.2%.

    Half Year (Jul-Dec)Worcester
    20110.2%
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    Record Year (since 1960) 1975 (0.4%)
    Company Share by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

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

    fourth quarter (Oct 2011 - Dec 2011)Worcester
    20110.2%
    20100.2%
    20090.1%
    20080.2%
    20070.2%
    Record Year (since 1960) 1975 (0.4%)
    Company Share by Quarter
  4. Monthly Data (Oct, Nov & Dec 2011)

    Company Share by Month
    OctoberNovemberDecember
    UK formation share in 20110.2%0.1%0.2%
    UK formation share in 20100.2%0.2%0.2%
    % change5.3%-21.9%-4.4%
    Record Year1960 (0.6%)1965 (0.6%)1968 (0.4%)

Director Age

  1. Annual Data (2011)

    The average age of a director in 2011 was 45.8.

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

    The percentage of directors over the age of 65 was 6.0% compared to the UK figure of 4.2%.

    Director Age by Year
  2. Half Year Data (Jul-Dec 2011)

    The average age of a director in the second half of 2011 was 44.9.

    The percentage of directors under the age of 25 was 4.1% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 5.0% compared to the UK figure of 4.1%.

    Director Age by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The average age of a director in the fourth quarter of 2011 was 45.7.

    The percentage of directors under the age of 25 was 4.6% compared to the UK figure of 4.2%.

    The percentage of directors over the age of 65 was 5.3% compared to the UK figure of 4.1%.

    Director Age by Quarter

Director Gender

  1. Annual Data (2011)

    The record year for female directors in Worcester was 1857 when 36.4% of all directors were female.

    The percentage of female directors in Worcester in 2011 was 30.6%. The average for the UK during this time was 28.6%

    Director Gender by Year
  2. Half Year Data (Jul-Dec 2011)

    The record second half year for female directors in Worcester was 1860 when 42.9% of all directors were female.

    28.5% of all director appointments in Worcester in the second half of 2011 were female. This compares to a UK average of 25.7% for the same period.

    Director Gender by Half Year
  3. Quarterly Data (Q4 Oct-Dec 2011)

    The record fourth quarter for female directors in Worcester was in 1977 when 31.1% of all directors were female.

    25.9% of all director appointments in Worcester in the fourth quarter of 2011 were female. This compares to a UK average of 25.3% for the same period.

    Director Gender by Quarter

Naming Trends

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

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

    wordpercentageuk worduk percentage
    CONSULTING1.43%CONSULTING5.07%
    PROPERTY1.19%MANAGEMENT4.74%
    MANAGEMENT1.19%CONSULTANCY3.26%
    WORCESTER1.19%PROPERTY2.37%
    ENTERPRISES0.79%TRADING2.07%
    CONSULTANCY0.79%DESIGN1.92%
    GLOBAL0.72%ASSOCIATES1.86%
    (WORCESTER)0.64%ENGINEERING1.78%
    TRADING0.64%BUSINESS1.78%
    CARE0.64%CONSULTANTS1.76%
    ASSOCIATES0.64%CONSTRUCTION1.73%
    MEDIA0.64%MEDIA1.71%
    HOUSE0.64%LONDON1.63%
    DESIGN0.56%J1.51%
    CONSTRUCTION0.56%INVESTMENTS1.48%
    BUSINESS0.56%GLOBAL1.46%
    TRAINING0.48%IT1.41%
    SCHOOL0.48%CARE1.39%
    SUPPLIES0.48%PROPERTIES1.29%
    AMENITY0.48%ELECTRICAL1.29%
    INVESTMENTS0.48%M1.27%
    BUILDING0.48%BUILDING1.26%
    HC0.48%ENERGY1.25%
    MARKETING0.40%S1.20%
    SPORTS0.40%ENTERPRISES1.20%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied244205,525
    7487 - Other business activities6057,052
    82990 - Other business support service activities not elsewhere classified5132,483
    99999 - Dormant Company4221,846
    70229 - Management consultancy activities other than financial management3717,765
    9999 - Dormant Company3420,199
    7499 - Non-trading company309,957
    7414 - Business & management consultancy2613,034
    62020 - Information technology consultancy activities2512,072
    74990 - Non-trading company198,929
    62090 - Other information technology service activities147,493
    7260 - Other computer related activities137,667
    96090 - Other service activities not elsewhere classified1311,768
    74909 - Other professional, scientific and technical activities not elsewhere classified128,671
    78109 - Other activities of employment placement agencies101,784
    98000 - Residents property management102,874
    4521 - General construction & civil engineering105,558
    68209 - Other letting and operating of own or leased real estate104,082
    70100 - Activities of head offices102,662
    41202 - Construction of domestic buildings92,598

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    07834185 ABI WHITE LIMITED 03 Nov 2011
    07845136 HC 1173 LIMITED 11 Nov 2011
    07846087 KALISTA DESIGN LTD 14 Nov 2011
    07853297 P & M FLOWERS LIMITED 18 Nov 2011
    07856299 MIDLAND UTILITIES LTD 22 Nov 2011
    07857919 CAFE SEVERN ON THE QUAY LIMITED 23 Nov 2011
    07862605 MISSION MOTORSPORT 28 Nov 2011
    07863313 NOSTALGIC SWEETS (WHOLESALE) LIMITED 28 Nov 2011
    OC370138 LBS EVENTS LLP 24 Nov 2011
    07850048 CHRIS COX TRADING LIMITED 16 Nov 2011
    07855559 SEA LEISURE LIMITED 21 Nov 2011
    07833838 TSH HOMES LIMITED 03 Nov 2011
    07835350 ANNA.ARMES LTD 04 Nov 2011
    07847081 HALEYS ACCOUNTANCY LIMITED 14 Nov 2011
    07856416 LOUGHBOROUGH EVENT ORGANISERS LIMITED 22 Nov 2011
    07857623 OUR HEALTHY WORLD LIMITED 23 Nov 2011
    07859745 LIMITLESS ABILITY LIMITED 24 Nov 2011
    07833133 THE BULL INN CHIPPY LTD 03 Nov 2011
    07841756 SURVEILLANCE INNOVATION LIMITED 10 Nov 2011
    07853135 BF INNOVATION LTD 18 Nov 2011
    07855712 TRENEER & CO. LIMITED 22 Nov 2011
    07861244 UNIVERSAL ASSET CAPITAL LIMITED 25 Nov 2011
    07862387 CONFETTI WEDDINGS WEBSITES LIMITED 28 Nov 2011
    07854658 NUTRIPHYS LTD 21 Nov 2011
    07863551 FLATCOAT CONSULTANCY LIMITED 29 Nov 2011