Worcester, Worcestershire
Q1 2013 Business Confidence Report
NOTICE: We have improved our calculations of the statistics in these reports, so some figures and records may not match previous reports.
Contents
New Company Registrations
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 205 companies were registered in Worcester during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is a decrease of 2.4% versus the same period last year (Q1 2012). This figure compares equally to the UK as a whole, which saw an increase of 2.5% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Worcester UK 2013 205 134,802 2012 210 131,491 % change -2.4% 2.5% Record Year 2007 (234) 2007 (166,814) New Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
New Companies by Month
January February March New companies in 2013 66 68 71 New companies in 2012 42 67 101 % change 57.1% 1.5% -29.7% Record Year 2007 (69) 2004 (73) 2012 (101)
Closed Companies (dissolved)
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Quarterly Data (Q1 Jan-Mar 2013)
A total of 133 companies were dissolved in Worcester during the first quarter of 2013 (Jan 2013 - Mar 2013).
This figure is an increase of 30.4% versus the same period last year (Q1 2012). This figure compares poorly to the UK as a whole, which saw an increase of 15.3% against the same period last year.
first quarter (Jan 2013 - Mar 2013) Worcester UK 2013 133 77,914 2012 102 67,576 % change 30.4% 15.3% Record Year 2010 (198) 2009 (108,066) Dissolved Companies by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Dissolved Companies by Month
January February March Closed companies in 2013 54 40 39 Closed companies in 2012 43 25 34 % change 25.6% 60.0% 15% Record Year 2011 (73) 2010 (73) 2010 (76)
Net Company Growth
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Quarterly Data (Q1 Jan-Mar 2013)
Net company growth for Worcester during the first quarter of 2013 (Jan 2013 - Mar 2013) was 72 companies.
first quarter (Jan 2013 - Mar 2013) Worcester UK 2013 72 56,888 2012 108 63,915 Record Year 2007 (138) 2007 (111,282) Net Growth by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Net Growth by Month
January February March Net growth in 2013 12 28 32 Net growth in 2012 -1 42 67 Record Year 2008 (46) 2012 (42) 2007 (68)
UK Company Share
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Quarterly Data (Q1 Jan-Mar 2013)
In the first quarter of 2013, Worcester formed 0.2% of all UK companies.
first quarter (Jan 2013 - Mar 2013) Worcester 2013 0.2% 2012 0.2% 2011 0.2% 2010 0.2% 2009 0.2% Record Year (since 1960) 1992 (0.2%) Company Share by Quarter
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Monthly Data (Jan, Feb & Mar 2013)
Company Share by Month
January February March UK formation share in 2013 0.2% 0.2% 0.2% UK formation share in 2012 0.1% 0.2% 0.2% % change 40.9% 0.7% -27.3% Record Year 1992 (0.3%) 1992 (0.3%) 1982 (0.4%)
Director Age
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Quarterly Data (Q1 Jan-Mar 2013)
The average age of a director in the first quarter of 2013 was 52.0.
The percentage of directors under the age of 25 was 11.8% compared to the UK figure of 5.8%.
The percentage of directors over the age of 65 was 0.0% compared to the UK figure of 1.8%.
Director Age by Quarter
Director Gender
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Quarterly Data (Q1 Jan-Mar 2013)
The record first quarter for female directors in Worcester was in 2005 when 39.8% of all directors were female.
29.8% of all director appointments in Worcester in the first quarter of 2013 were female. This compares to a UK average of 28.1% for the same period.
Director Gender by Quarter
Naming Trends
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Previous 12 months (Mar 2012-Mar 2013)
Excluding: LIMITED, LTD, &, UK, SERVICES, THE, (UK), AND, LTD., A, LLP, SOLUTIONS, COMPANY, OF.
word percentage uk word uk percentage CONSULTING 1.63% CONSULTING 5.18% PGL 1.63% MANAGEMENT 4.78% MANAGEMENT 1.55% CONSULTANCY 3.30% WORCESTER 1.55% PROPERTY 2.44% (WORCESTER) 1.14% TRADING 2.06% MEDIA 0.81% DESIGN 1.79% CONSULTANCY 0.81% ENGINEERING 1.78% PROPERTY 0.73% BUSINESS 1.77% HOUSE 0.73% ASSOCIATES 1.75% ENERGY 0.65% LONDON 1.72% CARE 0.65% CONSULTANTS 1.71% CONSTRUCTION 0.57% CONSTRUCTION 1.69% SEVERN 0.57% MEDIA 1.63% HC 0.57% GLOBAL 1.57% SALES 0.57% J 1.56% GREEN 0.49% CARE 1.46% DEVELOPMENTS 0.49% IT 1.43% BUSINESS 0.49% INVESTMENTS 1.41% WORCESTERSHIRE 0.49% PROPERTIES 1.36% DESIGN 0.49% M 1.25% BUILDING 0.49% BUILDING 1.21% J 0.49% ENTERPRISES 1.19% UPTON 0.49% ELECTRICAL 1.18% HOME 0.41% TRAINING 1.17% HOLDINGS 0.41% SECURITY 1.15%
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 300 249,183 99999 - Dormant Company 95 43,384 82990 - Other business support service activities not elsewhere classified 58 54,531 70229 - Management consultancy activities other than financial management 57 32,624 74909 - Other professional, scientific and technical activities not elsewhere classified 32 16,448 74990 - Non-trading company 32 14,129 96090 - Other service activities not elsewhere classified 29 23,532 62020 - Information technology consultancy activities 29 24,894 62090 - Other information technology service activities 22 12,664 86900 - Other human health activities 22 8,465 68100 - Buying and selling of own real estate 21 5,059 56302 - Public houses and bars 18 4,952 41100 - Development of building projects 16 8,637 93199 - Other sports activities 16 3,375 47990 - Other retail sale not in stores, stalls or markets 15 5,186 68209 - Other letting and operating of own or leased real estate 15 7,507 47910 - Retail sale via mail order houses or via Internet 14 7,199 69201 - Accounting and auditing activities 13 6,591 70100 - Activities of head offices 12 3,950 63990 - Other information service activities not elsewhere classified 12 4,719
Recent Companies
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Randomly selected companies from this quarter
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