Worcester, Worcestershire
Q1 2012 Business Confidence Report
Headlines
- March 2012 saw a new record in company registrations in Worcester when compared to any previous March.
- March 2012 was a record month for company registrations in Worcester when compared to any month in history.
- February 2012 saw a new record in net growth in Worcester when compared to any previous February.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 210 companies were registered in Worcester during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is an increase of 14.8% versus the same period last year (Q1 2011). This figure compares equally to the UK as a whole, which saw an increase of 13.0% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Worcester UK 2012 210 131,491 2011 183 116,391 % change 14.8% 13.0% Record Year 2007 (234) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
March 2012 saw a new record in company registrations in Worcester when compared to any previous March.
March 2012 was a record month for company registrations in Worcester when compared to any month in history.
New Companies by Month
January February March New companies in 2012 42 67 101 New companies in 2011 54 56 73 % change -22.2% 19.6% 38.4% Record Year 2007 (69) 2004 (73) 2012 (101)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2012)
A total of 102 companies were dissolved in Worcester during the first quarter of 2012 (Jan 2012 - Mar 2012).
This figure is a decrease of 36.6% versus the same period last year (Q1 2011). This figure compares well to the UK as a whole, which saw a decrease of 25.7% against the same period last year.
first quarter (Jan 2012 - Mar 2012) Worcester UK 2012 102 67,576 2011 161 90,987 % change -36.6% -25.7% Record Year 2010 (198) 2009 (108,065) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Dissolved Companies by Month
January February March Closed companies in 2012 43 25 34 Closed companies in 2011 73 35 53 % change -41.1% -28.6% -36% Record Year 2011 (73) 2010 (73) 2010 (76)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2012)
Net company growth for Worcester during the first quarter of 2012 (Jan 2012 - Mar 2012) was 108 companies.
first quarter (Jan 2012 - Mar 2012) Worcester UK 2012 108 63,915 2011 22 25,404 Record Year 2007 (138) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
February 2012 saw a new record in net growth in Worcester when compared to any previous February.
Net Growth by Month
January February March Net growth in 2012 -1 42 67 Net growth in 2011 -19 21 20 Record Year 2008 (46) 2012 (42) 2008 (68)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2012)
In the first quarter of 2012, Worcester formed 0.2% of all UK companies.
first quarter (Jan 2012 - Mar 2012) Worcester 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1964 (0.4%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2012)
Company Share by Month
January February March UK formation share in 2012 0.1% 0.2% 0.2% UK formation share in 2011 0.2% 0.1% 0.2% % change -33.3% 2.4% 29.4% Record Year 1975 (0.5%) 1969 (0.9%) 1964 (0.6%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2012)
The average age of a director in the first quarter of 2012 was 46.1.
The percentage of directors under the age of 25 was 4.0% compared to the UK figure of 4.6%.
The percentage of directors over the age of 65 was 4.3% compared to the UK figure of 3.5%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2012)
The record first quarter for female directors in Worcester was in 1861 when 40.0% of all directors were female.
27.3% of all director appointments in Worcester in the first quarter of 2012 were female. This compares to a UK average of 25.2% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2011-Mar 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.51% CONSULTING 5.07% PROPERTY 1.36% MANAGEMENT 4.74% MANAGEMENT 1.36% CONSULTANCY 3.30% WORCESTER 1.13% PROPERTY 2.37% CONSULTANCY 1.06% TRADING 2.07% ASSOCIATES 0.83% DESIGN 1.93% HC 0.83% ENGINEERING 1.86% (WORCESTER) 0.76% ASSOCIATES 1.84% MEDIA 0.68% CONSULTANTS 1.79% GLOBAL 0.68% BUSINESS 1.73% ENTERPRISES 0.68% MEDIA 1.72% TRADING 0.61% CONSTRUCTION 1.72% INVESTMENTS 0.53% LONDON 1.66% TRAINING 0.53% J 1.54% BUSINESS 0.45% INVESTMENTS 1.51% DESIGN 0.45% GLOBAL 1.50% INN 0.45% IT 1.40% HOUSE 0.45% CARE 1.34% SCHOOL 0.45% PROPERTIES 1.31% ENGINEERING 0.45% ELECTRICAL 1.27% AMENITY 0.45% M 1.27% CLOTHING 0.38% BUILDING 1.24% B 0.38% ENERGY 1.20% CENTRE 0.38% S 1.20% TREE 0.38% ENTERPRISES 1.19%
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 257 216,665 7487 - Other business activities 56 52,735 99999 - Dormant Company 53 25,084 82990 - Other business support service activities not elsewhere classified 52 35,233 70229 - Management consultancy activities other than financial management 42 19,704 9999 - Dormant Company 33 18,617 7499 - Non-trading company 27 9,102 7414 - Business & management consultancy 24 12,113 74990 - Non-trading company 23 9,729 62020 - Information technology consultancy activities 23 14,303 74909 - Other professional, scientific and technical activities not elsewhere classified 17 9,892 62090 - Other information technology service activities 15 8,145 68209 - Other letting and operating of own or leased real estate 12 4,427 7260 - Other computer related activities 11 7,154 86900 - Other human health activities 11 5,066 96090 - Other service activities not elsewhere classified 11 13,637 4521 - General construction & civil engineering 10 5,169 43220 - Plumbing, heat and air-conditioning installation 9 2,693 43290 - Other construction installation 9 1,764 41202 - Construction of domestic buildings 9 3,052
Recent Companies
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Randomly selected companies from this quarter
COMPANY NUMBER COMPANY NAME INCORPORATION DATE 07895381 TLA CONSULTING LIMITED 03 Jan 2012 07896246 LATIMER KEY PROJECTS LIMITED 04 Jan 2012 07906908 OASIS (DOWNHAM MARKET) LTD 12 Jan 2012 07914336 JEVIE PARTNERS LIMITED 18 Jan 2012 07914535 GB SEVENS (WORCESTER) LIMITED 18 Jan 2012 07915531 TULIP INNOVATION LTD 19 Jan 2012 07918567 CITY CHURCH WORCESTER 20 Jan 2012 07925157 HC 1180 LIMITED 26 Jan 2012 07927421 ATTAVANTI LIMITED 27 Jan 2012 07928303 SOLARA BUSINESS SERVICES LIMITED 30 Jan 2012 07928552 HC 1181 LIMITED 30 Jan 2012 07922877 ACORN SLP INSPECTION LIMITED 25 Jan 2012 07904043 COOMBER ELECTRONICS LIMITED 10 Jan 2012 07899139 MONGOST SERVICES LIMITED 05 Jan 2012 07899902 SLIM WORCESTER LTD 06 Jan 2012 07903928 THE INVISIBLE EDGE LTD 10 Jan 2012 07913749 HEMINGWAY IT SERVICES LTD 17 Jan 2012 07921470 BACK IN FOOTBALL LTD 24 Jan 2012 07907749 LIVE & LET LIVE BRINGSTY COMMON LTD 12 Jan 2012 07912953 BLASTOFF CORPORATION LIMITED 17 Jan 2012 07919573 HORIZON MARKETING CONSULTANCY LIMITED 23 Jan 2012 07928173 G J FOODS LTD 30 Jan 2012 07896967 CHARGERED LIMITED 04 Jan 2012 OC371262 WALLACE BATHROOM STUDIOS LLP 09 Jan 2012 07907656 LIGHT AVIATION LIMITED 12 Jan 2012
reports
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