Worcester, Worcestershire
2012 Half Year Business Confidence Report
Contents
New Company Registrations
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 393 companies were formed in Worcester. This figure is 8.6% higher than last year, which compares badly to the UK wide figure of 10.7%.
The highest total for a first half year in Worcester occurred in 2007 when a total of 419 were formed.
Half Year (Jan-Jun) Worcester UK 2012 393 253,150 2011 362 228,735 % change 8.6% 10.7% Record Year 2007 (419) 2007 (279,097) New Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 183 companies were registered in Worcester during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 2.2% versus the same period last year (Q2 2011). This figure compares badly to the UK as a whole, which saw an increase of 8.3% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Worcester UK 2012 183 121,659 2011 179 112,344 % change 2.2% 8.3% Record Year 2003 (197) 2012 (121,659) New Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
New Companies by Month
April May June New companies in 2012 60 72 51 New companies in 2011 47 63 69 % change 27.7% 14.3% -26.1% Record Year 2007 (71) 2003 (73) 2000 (74)
Closed Companies (dissolved)
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 a total of 249 companies were dissolved in Worcester. This figure is 17.0% lower than last year, which compares well to the UK wide change of -8.9%.
The highest total for a first half year in Worcester occurred in 2010 when a total of 413 were closed.
Half Year (Jan-Jun) Worcester UK 2012 249 147,793 2011 300 162,310 % change -17.0% -8.9% Record Year 2010 (413) 2009 (289,236) Dissolved Companies by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
A total of 147 companies were dissolved in Worcester during the second quarter of 2012 (Apr 2012 - Jun 2012).
This figure is an increase of 5.8% versus the same period last year (Q2 2011). This figure compares well to the UK as a whole, which saw an increase of 12.5% against the same period last year.
second quarter (Apr 2012 - Jun 2012) Worcester UK 2012 147 80,218 2011 139 71,324 % change 5.8% 12.5% Record Year 2010 (215) 2009 (181,177) Dissolved Companies by Quarter
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Monthly Data (Apr, May & Jun 2012)
Dissolved Companies by Month
April May June Closed companies in 2012 41 54 52 Closed companies in 2011 34 56 49 % change 20.6% -3.6% 6% Record Year 2010 (53) 2009 (97) 2010 (80)
Net Company Growth
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 the company register for Worcester increased by 144 companies.
Half Year (Jan-Jun) Worcester UK 2012 144 105,357 2011 62 66,425 Record Year 2003 (275) 2007 (171,296) Net Growth by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
Net company growth for Worcester during the second quarter of 2012 (Apr 2012 - Jun 2012) was 36 companies.
second quarter (Apr 2012 - Jun 2012) Worcester UK 2012 36 41,441 2011 40 41,020 Record Year 2003 (147) 2003 (69,274) Net Growth by Quarter
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Monthly Data (Apr, May & Jun 2012)
Net Growth by Month
April May June Net growth in 2012 19 18 -1 Net growth in 2011 13 7 20 Record Year 2007 (55) 2003 (58) 2003 (49)
UK Company Share
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Half Year Data (Jan-Jun 2012)
In the first half of 2012 Worcester formed 0.2% of all UK companies. This is the same as the 2011 figure of 0.2%.
Half Year (Jan-Jun) 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 Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
In the second quarter of 2012, Worcester formed 0.2% of all UK companies.
second quarter (Apr 2012 - Jun 2012) Worcester 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% 2008 0.2% Record Year (since 1960) 1962 (0.3%) Company Share by Quarter
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Monthly Data (Apr, May & Jun 2012)
Company Share by Month
April May June UK formation share in 2012 0.1% 0.2% 0.1% UK formation share in 2011 0.1% 0.2% 0.2% % change 7.5% 0.2% -21.1% Record Year 1966 (0.4%) 1962 (0.5%) 1964 (0.6%)
Director Age
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Half Year Data (Jan-Jun 2012)
The average age of a director in the first half of 2012 was 45.3.
The percentage of directors under the age of 25 was 3.8% compared to the UK figure of 4.9%.
The percentage of directors over the age of 65 was 5.1% compared to the UK figure of 3.4%.
Director Age by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The average age of a director in the second quarter of 2012 was 44.6.
The percentage of directors under the age of 25 was 3.5% compared to the UK figure of 5.2%.
The percentage of directors over the age of 65 was 5.8% compared to the UK figure of 3.3%.
Director Age by Quarter
Director Gender
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Half Year Data (Jan-Jun 2012)
The record first half year for female directors in Worcester was 1861 when 40.0% of all directors were female.
26.2% of all director appointments in Worcester in the first half of 2012 were female. This compares to a UK average of 23.4% for the same period.
Director Gender by Half Year
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Quarterly Data (Q2 Apr-Jun 2012)
The record second quarter for female directors in Worcester was in 1866 when 57.1% of all directors were female.
30.8% of all director appointments in Worcester in the second quarter of 2012 were female. This compares to a UK average of 25.7% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Jun 2011-Jun 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.92% CONSULTING 5.07% MANAGEMENT 1.54% MANAGEMENT 4.74% WORCESTER 1.31% CONSULTANCY 3.28% PROPERTY 1.15% PROPERTY 2.35% CONSULTANCY 1.15% TRADING 2.10% (WORCESTER) 0.85% DESIGN 1.89% HC 0.85% ENGINEERING 1.87% ENTERPRISES 0.69% ASSOCIATES 1.82% ASSOCIATES 0.69% CONSULTANTS 1.78% MEDIA 0.62% CONSTRUCTION 1.71% DESIGN 0.62% BUSINESS 1.70% HOUSE 0.62% MEDIA 1.69% TRAINING 0.54% LONDON 1.68% BUSINESS 0.54% J 1.57% TRADING 0.54% GLOBAL 1.51% GLOBAL 0.54% INVESTMENTS 1.48% CONSTRUCTION 0.46% IT 1.42% PRODUCTIONS 0.46% CARE 1.31% LEISURE 0.46% PROPERTIES 1.31% SALES 0.38% M 1.26% WORCESTERSHIRE 0.38% ELECTRICAL 1.23% EVENTS 0.38% BUILDING 1.23% BLUE 0.38% SECURITY 1.19% PROPERTIES 0.38% S 1.18% ENERGY 0.38% ENTERPRISES 1.17%
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 291 244,457 99999 - Dormant Company 57 26,088 7487 - Other business activities 54 47,029 82990 - Other business support service activities not elsewhere classified 52 35,447 70229 - Management consultancy activities other than financial management 39 20,390 9999 - Dormant Company 33 16,469 7499 - Non-trading company 26 8,023 62020 - Information technology consultancy activities 24 15,280 7414 - Business & management consultancy 22 10,978 74990 - Non-trading company 19 9,706 62090 - Other information technology service activities 17 8,258 74909 - Other professional, scientific and technical activities not elsewhere classified 17 10,271 96090 - Other service activities not elsewhere classified 13 14,220 86900 - Other human health activities 11 5,222 4521 - General construction & civil engineering 9 4,644 68209 - Other letting and operating of own or leased real estate 9 4,535 43290 - Other construction installation 9 1,796 7260 - Other computer related activities 9 6,456 47990 - Other retail sale not in stores, stalls or markets 9 3,233 41100 - Development of building projects 9 5,149
Recent Companies
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Randomly selected companies from this quarter
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