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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

  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 (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)WorcesterUK
    2012210131,491
    2011183116,391
    % change14.8%13.0%
    Record Year 2007 (234) 2007 (166,814)
    New Companies by Quarter
  2. 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
    JanuaryFebruaryMarch
    New companies in 20124267101
    New companies in 2011545673
    % change-22.2%19.6%38.4%
    Record Year2007 (69)2004 (73)2012 (101)

Closed Companies (dissolved)

  1. 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)WorcesterUK
    201210267,576
    201116190,987
    % change-36.6%-25.7%
    Record Year 2010 (198) 2009 (108,065)
    Dissolved Companies by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Dissolved Companies by Month
    JanuaryFebruaryMarch
    Closed companies in 2012432534
    Closed companies in 2011733553
    % change-41.1%-28.6%-36%
    Record Year2011 (73)2010 (73)2010 (76)

Net Company Growth

  1. 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)WorcesterUK
    201210863,915
    20112225,404
    Record Year 2007 (138) 2007 (111,282)
    Net Growth by Quarter
  2. 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
    JanuaryFebruaryMarch
    Net growth in 2012-14267
    Net growth in 2011-192120
    Record Year2008 (46)2012 (42)2008 (68)

UK Company Share

  1. 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
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    20080.2%
    Record Year (since 1960) 1964 (0.4%)
    Company Share by Quarter
  2. Monthly Data (Jan, Feb & Mar 2012)

    Company Share by Month
    JanuaryFebruaryMarch
    UK formation share in 20120.1%0.2%0.2%
    UK formation share in 20110.2%0.1%0.2%
    % change-33.3%2.4%29.4%
    Record Year1975 (0.5%)1969 (0.9%)1964 (0.6%)

Director Age

  1. 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

  1. 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

  1. Previous 12 months (Mar 2011-Mar 2012)

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

    wordpercentageuk worduk percentage
    CONSULTING1.51%CONSULTING5.07%
    PROPERTY1.36%MANAGEMENT4.74%
    MANAGEMENT1.36%CONSULTANCY3.30%
    WORCESTER1.13%PROPERTY2.37%
    CONSULTANCY1.06%TRADING2.07%
    ASSOCIATES0.83%DESIGN1.93%
    HC0.83%ENGINEERING1.86%
    (WORCESTER)0.76%ASSOCIATES1.84%
    MEDIA0.68%CONSULTANTS1.79%
    GLOBAL0.68%BUSINESS1.73%
    ENTERPRISES0.68%MEDIA1.72%
    TRADING0.61%CONSTRUCTION1.72%
    INVESTMENTS0.53%LONDON1.66%
    TRAINING0.53%J1.54%
    BUSINESS0.45%INVESTMENTS1.51%
    DESIGN0.45%GLOBAL1.50%
    INN0.45%IT1.40%
    HOUSE0.45%CARE1.34%
    SCHOOL0.45%PROPERTIES1.31%
    ENGINEERING0.45%ELECTRICAL1.27%
    AMENITY0.45%M1.27%
    CLOTHING0.38%BUILDING1.24%
    B0.38%ENERGY1.20%
    CENTRE0.38%S1.20%
    TREE0.38%ENTERPRISES1.19%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied257216,665
    7487 - Other business activities5652,735
    99999 - Dormant Company5325,084
    82990 - Other business support service activities not elsewhere classified5235,233
    70229 - Management consultancy activities other than financial management4219,704
    9999 - Dormant Company3318,617
    7499 - Non-trading company279,102
    7414 - Business & management consultancy2412,113
    74990 - Non-trading company239,729
    62020 - Information technology consultancy activities2314,303
    74909 - Other professional, scientific and technical activities not elsewhere classified179,892
    62090 - Other information technology service activities158,145
    68209 - Other letting and operating of own or leased real estate124,427
    7260 - Other computer related activities117,154
    86900 - Other human health activities115,066
    96090 - Other service activities not elsewhere classified1113,637
    4521 - General construction & civil engineering105,169
    43220 - Plumbing, heat and air-conditioning installation92,693
    43290 - Other construction installation91,764
    41202 - Construction of domestic buildings93,052

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION 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