Worcester, Worcestershire
Q3 2012 Business Confidence Report
Contents
New Company Registrations
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 166 companies were registered in Worcester during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is a decrease of 25.6% versus the same period last year (Q3 2011). This figure compares badly to the UK as a whole, which saw an increase of 3.8% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Worcester UK 2012 166 118,868 2011 223 114,512 % change -25.6% 3.8% Record Year 2003 (226) 2012 (118,868) New Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
New Companies by Month
July August September New companies in 2012 47 58 61 New companies in 2011 77 63 83 % change -39.0% -7.9% -26.5% Record Year 2003 (101) 2000 (91) 2003 (83)
Closed Companies (dissolved)
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Quarterly Data (Q3 Jul-Sep 2012)
A total of 127 companies were dissolved in Worcester during the third quarter of 2012 (Jul 2012 - Sep 2012).
This figure is an increase of 10.4% versus the same period last year (Q3 2011). This figure compares poorly to the UK as a whole, which saw an increase of 3.5% against the same period last year.
third quarter (Jul 2012 - Sep 2012) Worcester UK 2012 127 74,772 2011 115 72,230 % change 10.4% 3.5% Record Year 2010 (206) 2009 (159,401) Dissolved Companies by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Dissolved Companies by Month
July August September Closed companies in 2012 50 41 36 Closed companies in 2011 46 35 34 % change 8.7% 17.1% 6% Record Year 2010 (61) 2010 (86) 2009 (66)
Net Company Growth
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Quarterly Data (Q3 Jul-Sep 2012)
Net company growth for Worcester during the third quarter of 2012 (Jul 2012 - Sep 2012) was 39 companies.
third quarter (Jul 2012 - Sep 2012) Worcester UK 2012 39 44,096 2011 108 42,282 Record Year 2000 (173) 2003 (60,597) Net Growth by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Net Growth by Month
July August September Net growth in 2012 -3 17 25 Net growth in 2011 31 28 49 Record Year 2003 (65) 2000 (73) 2000 (55)
UK Company Share
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Quarterly Data (Q3 Jul-Sep 2012)
In the third quarter of 2012, Worcester formed 0.1% of all UK companies.
third quarter (Jul 2012 - Sep 2012) Worcester 2012 0.1% 2011 0.2% 2010 0.1% 2009 0.2% 2008 0.2% Record Year (since 1960) 1976 (0.4%) Company Share by Quarter
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Monthly Data (Jul, Aug & Sep 2012)
Company Share by Month
July August September UK formation share in 2012 0.1% 0.2% 0.2% UK formation share in 2011 0.2% 0.2% 0.2% % change -45.2% -7.2% -27.3% Record Year 1975 (0.6%) 1974 (0.8%) 1969 (0.7%)
Director Age
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Quarterly Data (Q3 Jul-Sep 2012)
The average age of a director in the third quarter of 2012 was 43.2.
The percentage of directors under the age of 25 was 7.0% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 2.2% compared to the UK figure of 3.2%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q3 Jul-Sep 2012)
The record third quarter for female directors in Worcester was in 1862 when 50.0% of all directors were female.
29.2% of all director appointments in Worcester in the third 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 (Sep 2011-Sep 2012)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage MANAGEMENT 1.63% CONSULTING 5.05% CONSULTING 1.55% MANAGEMENT 4.75% HC 1.38% CONSULTANCY 3.28% WORCESTER 1.30% PROPERTY 2.35% (WORCESTER) 0.90% TRADING 2.08% CONSULTANCY 0.90% DESIGN 1.87% PROPERTY 0.73% ASSOCIATES 1.84% ASSOCIATES 0.65% ENGINEERING 1.83% MEDIA 0.65% CONSULTANTS 1.76% MARKETING 0.57% BUSINESS 1.72% TRADING 0.57% CONSTRUCTION 1.70% SALES 0.57% MEDIA 1.67% SEVERN 0.57% LONDON 1.67% HOUSE 0.49% J 1.55% WORCESTERSHIRE 0.49% GLOBAL 1.53% BUSINESS 0.49% INVESTMENTS 1.46% LEISURE 0.49% IT 1.43% PROPERTIES 0.49% PROPERTIES 1.34% ENERGY 0.49% CARE 1.32% SUPPLIES 0.41% M 1.27% ENGINEERING 0.41% BUILDING 1.22% PUBLISHING 0.41% ENTERPRISES 1.20% TRAINING 0.41% ELECTRICAL 1.20% DEVELOPMENTS 0.41% S 1.17% BAKER 0.41% SECURITY 1.16%
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 486 331,455 99999 - Dormant Company 53 25,035 82990 - Other business support service activities not elsewhere classified 46 33,677 7487 - Other business activities 44 35,545 70229 - Management consultancy activities other than financial management 35 19,425 9999 - Dormant Company 25 12,598 7499 - Non-trading company 23 6,164 62020 - Information technology consultancy activities 22 14,774 74990 - Non-trading company 18 9,203 62090 - Other information technology service activities 16 7,869 74909 - Other professional, scientific and technical activities not elsewhere classified 15 9,891 7414 - Business & management consultancy 14 8,437 96090 - Other service activities not elsewhere classified 12 13,716 86900 - Other human health activities 11 4,998 68209 - Other letting and operating of own or leased real estate 9 4,294 43220 - Plumbing, heat and air-conditioning installation 9 2,607 41100 - Development of building projects 9 4,965 47990 - Other retail sale not in stores, stalls or markets 9 3,089 47910 - Retail sale via mail order houses or via Internet 8 3,712 43290 - Other construction installation 8 1,714
Recent Companies
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Randomly selected companies from this quarter
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