Worcester, Worcestershire
2011 Annual Business Confidence Report
Contents
New Company Registrations
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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.
Year Worcester UK 2011 758 452,870 2010 654 400,358 2009 563 362,675 2008 585 349,203 2007 712 457,649 Record Year 2003 (804) 2007 (457,649) New Companies by Year
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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) Worcester UK 2011 396 224,135 2010 302 196,609 % change 31.1% 14.0% Record Year 2003 (407) 2011 (224,135) New Companies by Half Year
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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) Worcester UK 2011 173 109,623 2010 163 95,117 % change 6.1% 15.3% Record Year 2003 (181) 2011 (109,623) New Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
New Companies by Month
October November December New companies in 2011 63 55 55 New companies in 2010 52 60 51 % change 21.2% -8.3% 7.8% Record Year 2003 (74) 2002 (74) 2005 (59)
Closed Companies (dissolved)
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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.
Year Worcester UK 2011 554 314,523 2010 729 342,232 2009 656 533,773 2008 327 237,901 2007 306 220,295 Record Year 2010 (729) 2009 (533,773) Dissolved Companies by Year
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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) Worcester UK 2011 254 152,213 2010 316 164,601 % change -19.6% -7.5% Record Year 2010 (316) 2009 (244,537) Dissolved Companies by Half Year
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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) Worcester UK 2011 139 79,983 2010 110 76,896 % change 26.4% 4.0% Record Year 2009 (169) 2009 (85,136) Dissolved Companies by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Dissolved Companies by Month
October November December Closed companies in 2011 36 55 48 Closed companies in 2010 40 43 27 % change -10.0% 27.9% 78% Record Year 2009 (48) 2005 (60) 2009 (67)
Net Company Growth
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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.
Year Worcester UK 2011 204 138,347 2010 -75 58,126 2009 -93 -171,098 2008 258 111,302 2007 406 237,354 Record Year 2003 (530) 2003 (242,543) Net Growth by Year
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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) Worcester UK 2011 142 71,922 2010 -14 32,008 Record Year 2000 (277) 2003 (117,772) Net Growth by Half Year
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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) Worcester UK 2011 34 29,640 2010 53 18,221 Record Year 2003 (116) 2003 (57,175) Net Growth by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Net Growth by Month
October November December Net growth in 2011 27 0 7 Net growth in 2010 12 17 24 Record Year 2003 (53) 2000 (52) 2003 (41)
UK Company Share
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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.
Year Worcester 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% 2007 0.2% Record Year (since 1960) 1975 (0.3%) Company Share by Year
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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 2011 0.2% 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% Record Year (since 1960) 1975 (0.4%) Company Share by Half Year
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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 2011 0.2% 2010 0.2% 2009 0.1% 2008 0.2% 2007 0.2% Record Year (since 1960) 1975 (0.4%) Company Share by Quarter
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Monthly Data (Oct, Nov & Dec 2011)
Company Share by Month
October November December UK formation share in 2011 0.2% 0.1% 0.2% UK formation share in 2010 0.2% 0.2% 0.2% % change 5.3% -21.9% -4.4% Record Year 1960 (0.6%) 1965 (0.6%) 1968 (0.4%)
Director Age
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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
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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
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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
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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
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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
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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
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Previous 12 months (Dec 2010-Dec 2011)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.43% CONSULTING 5.07% PROPERTY 1.19% MANAGEMENT 4.74% MANAGEMENT 1.19% CONSULTANCY 3.26% WORCESTER 1.19% PROPERTY 2.37% ENTERPRISES 0.79% TRADING 2.07% CONSULTANCY 0.79% DESIGN 1.92% GLOBAL 0.72% ASSOCIATES 1.86% (WORCESTER) 0.64% ENGINEERING 1.78% TRADING 0.64% BUSINESS 1.78% CARE 0.64% CONSULTANTS 1.76% ASSOCIATES 0.64% CONSTRUCTION 1.73% MEDIA 0.64% MEDIA 1.71% HOUSE 0.64% LONDON 1.63% DESIGN 0.56% J 1.51% CONSTRUCTION 0.56% INVESTMENTS 1.48% BUSINESS 0.56% GLOBAL 1.46% TRAINING 0.48% IT 1.41% SCHOOL 0.48% CARE 1.39% SUPPLIES 0.48% PROPERTIES 1.29% AMENITY 0.48% ELECTRICAL 1.29% INVESTMENTS 0.48% M 1.27% BUILDING 0.48% BUILDING 1.26% HC 0.48% ENERGY 1.25% MARKETING 0.40% S 1.20% SPORTS 0.40% ENTERPRISES 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 244 205,525 7487 - Other business activities 60 57,052 82990 - Other business support service activities not elsewhere classified 51 32,483 99999 - Dormant Company 42 21,846 70229 - Management consultancy activities other than financial management 37 17,765 9999 - Dormant Company 34 20,199 7499 - Non-trading company 30 9,957 7414 - Business & management consultancy 26 13,034 62020 - Information technology consultancy activities 25 12,072 74990 - Non-trading company 19 8,929 62090 - Other information technology service activities 14 7,493 7260 - Other computer related activities 13 7,667 96090 - Other service activities not elsewhere classified 13 11,768 74909 - Other professional, scientific and technical activities not elsewhere classified 12 8,671 78109 - Other activities of employment placement agencies 10 1,784 98000 - Residents property management 10 2,874 4521 - General construction & civil engineering 10 5,558 68209 - Other letting and operating of own or leased real estate 10 4,082 70100 - Activities of head offices 10 2,662 41202 - Construction of domestic buildings 9 2,598
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07866660 MIII MARKETING CONSULTING LIMITED 01 Dec 2011 07867046 USUS CONSULTING ENGINEERS LTD 01 Dec 2011 07867115 USUS ENERGY LTD 01 Dec 2011 07867615 USUS GROUP CONSULTING LTD 01 Dec 2011 07882995 G3 INTERNET LIMITED 15 Dec 2011 07885324 SUPERIOR OILS LIMITED 16 Dec 2011 07885536 THURSFIELDS WEALTH MANAGEMENT LIMITED 19 Dec 2011 07891063 HC 1177 LIMITED 23 Dec 2011 07873928 HOME SAFE RECOVERY LTD 07 Dec 2011 07888149 AARDVARK IT LTD 20 Dec 2011 07884349 PURE GOLF ACADEMY LIMITED 16 Dec 2011 07884756 AUTOMOTIVE RECYCLING CENTRE LIMITED 16 Dec 2011 07889045 SHIVOM LIMITED 21 Dec 2011 07870073 SIVISTA LIMITED 05 Dec 2011 07873946 JOLTEC ASSOCIATES LIMITED 07 Dec 2011 07877975 DATA FOCAL SOLUTIONS LTD 12 Dec 2011 07884509 FRESH AWAKENING LIMITED 16 Dec 2011 07868315 OFW LIMITED 02 Dec 2011 07869066 ZARA TRADING COMPANY (UK) LIMITED 02 Dec 2011 07870934 A & B AUTO REPAIRS LIMITED 05 Dec 2011 07877233 FILAMENTPRINT LIMITED 09 Dec 2011 07884620 LEA FARM COMPANY LIMITED 16 Dec 2011 07890917 OLPRO LTD 22 Dec 2011 07873580 A & A RODENHURST LIMITED 07 Dec 2011 07880920 R & R MAINTENANCE SERVICES (WORCESTER) LIMITED 14 Dec 2011
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