Worcester, Worcestershire

2013 Half Year 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.

Headlines

  • April 2013 saw a new record in company registrations in Worcester when compared to any previous April.
  • April 2013 saw a new record in company closures in Worcester when compared to any previous April.

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. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 391 companies were formed in Worcester. This figure is 0.5% lower than last year, which compares badly to the UK wide figure of 6.4%.

    The highest total for a first half year in Worcester occurred in 2007 when a total of 419 were formed.

    Half Year (Jan-Jun)WorcesterUK
    2013391269,432
    2012393253,150
    % change-0.5%6.4%
    Record Year2007 (419)2007 (279,097)
    New Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 186 companies were registered in Worcester during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 1.6% versus the same period last year (Q2 2012). This figure compares badly to the UK as a whole, which saw an increase of 10.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)WorcesterUK
    2013186134,630
    2012183121,659
    % change1.6%10.7%
    Record Year 2013 (186) 2013 (134,630)
    New Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in company registrations in Worcester when compared to any previous April.

    New Companies by Month
    AprilMayJune
    New companies in 2013735756
    New companies in 2012607251
    % change21.7%-20.8%9.8%
    Record Year2013 (73)2003 (73)2000 (74)

Closed Companies (dissolved)

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 a total of 290 companies were dissolved in Worcester. This figure is 16.5% higher than last year, which compares badly to the UK wide change of 5.0%.

    The highest total for a first half year in Worcester occurred in 2010 when a total of 414 were closed.

    Half Year (Jan-Jun)WorcesterUK
    2013290155,192
    2012249147,794
    % change16.5%5.0%
    Record Year2010 (414)2009 (289,245)
    Dissolved Companies by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    A total of 157 companies were dissolved in Worcester during the second quarter of 2013 (Apr 2013 - Jun 2013).

    This figure is an increase of 6.8% versus the same period last year (Q2 2012). This figure compares poorly to the UK as a whole, which saw a decrease of 3.7% against the same period last year.

    second quarter (Apr 2013 - Jun 2013)WorcesterUK
    201315777,278
    201214780,218
    % change6.8%-3.7%
    Record Year 2010 (216) 2009 (181,179)
    Dissolved Companies by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    April 2013 saw a new record in company closures in Worcester when compared to any previous April.

    Dissolved Companies by Month
    AprilMayJune
    Closed companies in 2013555349
    Closed companies in 2012415452
    % change34.1%-1.9%-6%
    Record Year2013 (55)2009 (97)2010 (80)

Net Company Growth

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 the company register for Worcester increased by 101 companies.

    Half Year (Jan-Jun)WorcesterUK
    2013101114,240
    2012144105,356
    Record Year2003 (275)2007 (171,296)
    Net Growth by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    Net company growth for Worcester during the second quarter of 2013 (Apr 2013 - Jun 2013) was 29 companies.

    second quarter (Apr 2013 - Jun 2013)WorcesterUK
    20132957,352
    20123641,441
    Record Year 2007 (120) 2007 (60,014)
    Net Growth by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Net Growth by Month
    AprilMayJune
    Net growth in 20131847
    Net growth in 20121918-1
    Record Year2007 (55)2003 (58)2003 (49)

UK Company Share

  1. Half Year Data (Jan-Jun 2013)

    In the first half of 2013 Worcester formed 0.1% of all UK companies. This is less than the 2012 figure of 0.2%.

    Half Year (Jan-Jun)Worcester
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 1992 (0.3%)
    Company Share by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    In the second quarter of 2013, Worcester formed 0.1% of all UK companies.

    second quarter (Apr 2013 - Jun 2013)Worcester
    20130.1%
    20120.2%
    20110.2%
    20100.2%
    20090.2%
    Record Year (since 1960) 2000 (0.3%)
    Company Share by Quarter
  3. Monthly Data (Apr, May & Jun 2013)

    Company Share by Month
    AprilMayJune
    UK formation share in 20130.1%0.1%0.1%
    UK formation share in 20120.1%0.2%0.1%
    % change2.3%-23.1%-0.7%
    Record Year1992 (0.3%)1994 (0.3%)2000 (0.4%)

Director Age

  1. Half Year Data (Jan-Jun 2013)

    The average age of a director in the first half of 2013 was 47.1.

    The percentage of directors under the age of 25 was 6.2% compared to the UK figure of 4.1%.

    The percentage of directors over the age of 65 was 1.5% compared to the UK figure of 3.3%.

    Director Age by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The average age of a director in the second quarter of 2013 was 45.3.

    The percentage of directors under the age of 25 was 4.2% compared to the UK figure of 3.6%.

    The percentage of directors over the age of 65 was 2.0% compared to the UK figure of 3.8%.

    Director Age by Quarter

Director Gender

  1. Half Year Data (Jan-Jun 2013)

    The record first half year for female directors in Worcester was 2005 when 35.7% of all directors were female.

    26.3% of all director appointments in Worcester in the first half of 2013 were female. This compares to a UK average of 26.1% for the same period.

    Director Gender by Half Year
  2. Quarterly Data (Q2 Apr-Jun 2013)

    The record second quarter for female directors in Worcester was in 2008 when 32.9% of all directors were female.

    25.0% of all director appointments in Worcester in the second quarter of 2013 were female. This compares to a UK average of 25.5% for the same period.

    Director Gender by Quarter

Naming Trends

  1. Previous 12 months (Jun 2012-Jun 2013)

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

    wordpercentageuk worduk percentage
    PGL1.83%CONSULTING5.25%
    MANAGEMENT1.51%MANAGEMENT4.80%
    WORCESTER1.35%CONSULTANCY3.41%
    CONSULTING1.27%PROPERTY2.48%
    (WORCESTER)0.96%TRADING2.05%
    MEDIA0.80%ENGINEERING1.81%
    CONSULTANCY0.72%DESIGN1.79%
    TRAINING0.72%LONDON1.77%
    CARE0.72%BUSINESS1.77%
    BUILDING0.64%CONSULTANTS1.68%
    HC0.64%CONSTRUCTION1.68%
    ASSOCIATES0.56%ASSOCIATES1.67%
    HOUSE0.56%GLOBAL1.59%
    ENERGY0.56%MEDIA1.57%
    GREEN0.48%CARE1.55%
    SEVERN0.48%J1.53%
    CONSTRUCTION0.48%INVESTMENTS1.46%
    DEVELOPMENTS0.48%IT1.40%
    PROPERTIES0.48%PROPERTIES1.40%
    DESIGN0.48%M1.26%
    BUSINESS0.48%BUILDING1.22%
    PROPERTY0.48%ELECTRICAL1.19%
    SYSTEMS0.48%ENTERPRISES1.18%
    INTERNATIONAL0.40%CAPITAL1.16%
    HOME0.40%TRAINING1.16%

SIC Data

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

    sic codenumber of companiesuk companies
    None Supplied301257,517
    99999 - Dormant Company9844,817
    70229 - Management consultancy activities other than financial management6033,633
    82990 - Other business support service activities not elsewhere classified5654,555
    74990 - Non-trading company3414,303
    74909 - Other professional, scientific and technical activities not elsewhere classified3417,095
    96090 - Other service activities not elsewhere classified2924,324
    62020 - Information technology consultancy activities2725,583
    86900 - Other human health activities238,687
    68100 - Buying and selling of own real estate225,141
    56302 - Public houses and bars205,165
    41100 - Development of building projects188,876
    62090 - Other information technology service activities1712,578
    93199 - Other sports activities173,487
    69201 - Accounting and auditing activities156,771
    56101 - Licensed restaurants157,148
    47990 - Other retail sale not in stores, stalls or markets155,366
    47910 - Retail sale via mail order houses or via Internet147,793
    68209 - Other letting and operating of own or leased real estate147,871
    70100 - Activities of head offices133,899

Recent Companies

  1. Randomly selected companies from this quarter

    COMPANY NUMBERCOMPANY NAMEINCORPORATION DATE
    08512705 GLOBAL EVENT CONSULTANTS LIMITED 01 May 2013
    08520180 XANADU MEDIA LIMITED 08 May 2013
    08522749 GREEN VELVET DESIGNS LTD 09 May 2013
    08530796 HC 1211 LIMITED 15 May 2013
    08537055 PURPLE MILL COMMUNICATIONS AND TRAINING LIMITED 20 May 2013
    08541556 PURPLE ELECTRICS LIMITED 23 May 2013
    08545135 STAFF POOL LIMITED 28 May 2013
    08512195 FUTURE-PROOF MANAGEMENT LIMITED 01 May 2013
    08513890 JUMPING CLAY WORCESTER LTD 02 May 2013
    08518830 CLINICAL OPERATIONS CONSULTING LIMITED 07 May 2013
    08541098 MALVERN TIMBER LIMITED 23 May 2013
    08542754 BEDFORD REMOVALS LIMITED 23 May 2013
    08543240 THE MANIFOLD INN HARTINGTON LTD 24 May 2013
    08520118 E (GAS AND ELECTRICITY) LIMITED 08 May 2013
    08530591 WATERDALE MANAGEMENT LIMITED 15 May 2013
    08540770 SURVEILLANCE ANALYSIS SERVICES LIMITED 22 May 2013
    08538022 SEVERN APPLICATIONS LTD 21 May 2013
    08547793 LFJ BUILDING CONTRACTORS LTD 29 May 2013
    08520383 ABUNDANCE EUROPE LTD 08 May 2013
    08534187 CONSENT LTD 17 May 2013
    08540287 PGL (300) LIMITED 22 May 2013
    08550170 PEMBERSTONE VENTURES (2014) LIMITED 30 May 2013
    08550196 PGL (302) LIMITED 30 May 2013
    08544685 AVONTECH HOMES LIMITED 24 May 2013
    08521887 THE OAK INN DEFFORD LIMITED 09 May 2013