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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
    07971213 WILLERSEY ROOFING COMPANY LIMITED 01 Mar 2012
    07978401 PROPERTY ACCOUNTANT HERE LIMITED 06 Mar 2012
    07978799 PROPERTY REFURB HERE LIMITED 06 Mar 2012
    07979689 LANE MEDIA LTD 07 Mar 2012
    07989626 THE PAVILION IN THE PARK LIMITED 14 Mar 2012
    07995650 BRITANNIA4X4 LIMITED 19 Mar 2012
    08009037 BLUEREDWEB LTD 28 Mar 2012
    07980842 TYRE HILL RACING LIMITED 07 Mar 2012
    07988666 WORCESTERSHIRE STONEMASONS LIMITED 13 Mar 2012
    07994596 SPLAT HOLDINGS LIMITED 16 Mar 2012
    07995098 PHARMACEUTIKUS LTD 19 Mar 2012
    08010270 VERANTI MOTOR COMPANY LIMITED 28 Mar 2012
    08010448 RUSSELL PINFIELD PLUMBING & HEATING LIMITED 28 Mar 2012
    07980715 FRESH ETC LTD. 07 Mar 2012
    07991500 PACIFIC CONCRETE (WORCS) LIMITED 15 Mar 2012
    07988848 EVENT EXCELLENCE LTD 13 Mar 2012
    08002812 GREENBLUERED LTD 22 Mar 2012
    08002931 HANDSCOMB AND EDWARDS SERVICES LIMITED 23 Mar 2012
    07980823 KILBY CONSULTING LTD 07 Mar 2012
    07986962 THE MALTHOUSE EMPORIUM LIMITED 12 Mar 2012
    07990249 WHEELERS LABELS LTD 14 Mar 2012
    07971809 WORCESTER PETROLEUM SERVICES LIMITED 01 Mar 2012
    07979363 MWZ ASSOCIATES LTD 07 Mar 2012
    07985413 MARINA BAY PROPERTY MANAGEMENT LIMITED 12 Mar 2012
    08002293 RURAL EXPERIENCE 22 Mar 2012